Registered: Apr 2006
Posts: 211

I have been watching DJIA index for quiet a long time. I think I understand this chart well.

My issue is I understand DJIA cannot be traded.
The problem is DIA daily candle chart is very different then DJIA daily candle chart.
Even futures chart is different.

Is there anyway I can trade DJIA indirectly like one thought comes to my mind is buying/selling all 30 stocks of DJIA, but then DIA is doing the same and its chart is different ?

I am looking for any alternative ways even if it involves programming.

Thanks,

Registered: Sep 2006
Posts: 2383

If you can't answer this question for yourself, you probably don't understand the DJIA as well as you think you do.

Registered: Jun 2011
Posts: 179

Wait until he finds out about spy/spx has the same problem..

---

Quote from clacy:

If you can't answer this question for yourself, you probably don't understand the DJIA as well as you think you do.

---

Registered: Apr 2006
Posts: 211

What I mean is I understand DJIA technically using candlestick bar charts and not fundamentally. My fundamental knowledge is weak but I understand candlestick of DJIA pretty well.

All I want is somehow I replicate that candlestick chart ( e.g. say daily candlestick bars or even intra day candlesticks ) and trade it.

daily candlestick bars DIA charts look different than daily candle bars DJIA.

can someone tell me why DIA and DJIA candlesticks differ and is there is custom index I can do to eliminate that issue ?

I need a way(direct/indirect) whereby I can trade similar candlestick bar chart as DJIA even if I need to trade all 30 stocks.

Registered: Feb 2012
Posts: 451

---

Quote from NoEmotions:

What I mean is I understand DJIA technically using candlestick bar charts and not fundamentally. My fundamental knowledge is weak but I understand candlestick of DJIA pretty well.

All I want is somehow I replicate that candlestick chart ( e.g. say daily candlestick bars or even intra day candlesticks ) and trade it.

daily candlestick bars DIA charts look different than daily candle bars DJIA.

can someone tell me why DIA and DJIA candlesticks differ and is there is custom index I can do to eliminate that issue ?

I need a way(direct/indirect) whereby I can trade similar candlestick bar chart as DJIA even if I need to trade all 30 stocks.

---

Registered: Mar 2006
Posts: 584

dia = includes dividends
djia= no dividends

Advantage Futures

Futures Brokerage & Clearing

AMP Global Clearing

Futures and FX Trading

Bright Trading

Professional Equities Trading

CTS

Futures Trading Software

DaytradingBias.com

Professional Trading Analytics

ECHOtrade

Professional Trading Firm

eSignal

Trading Software Provider

FXCM

Forex Trading Services

Global Futures

Futures, Options & FX Trading

Interactive Brokers

Pro Gateway to World Markets

JC Trading Group

Direct Access Trading

MB Trading

Direct Access Trading

MultiCharts

Trading Software Provider

NinjaTrader

Trading Software Provider

OANDA

Currency Trading

optionshouse

Option Trading & Education

Rithmic

Futures Trade Execution Platform

SpeedTrader

Direct Access Trading

SpreadProfessor

Spread Trading Instruction

thinkorswim by TD Ameritrade

Direct Access Trading

TradersStudio

System Building & Backtesting

Trading Technologies

Trading Software Provider

Trend Following

Trading Systems Provider