What else is important to know? – Blue chip stock explained
Where can I learn more about what is blue chipstock?
It is always a good practice to learn as much as you can about an asset that you are looking to invest in and the internet offers a wide array of resources to choose from. We like to recommend CAPEX, as their platform not only supports a top tier trading experience but also has a wonderful, extensive catalogue of learning resources where you can learn all you need to know about what is blue chips stock.
How can I trade CFDs on blue chip stocks on CAPEX?
You have chosen a wonderful platform to trade CFDs on blue chip stocks. The preferred method for trading blue chip stocks on CAPEX is using contract-for-differences, or CFD, trades. CFD trading is unique in that it allows you to speculate on the price movements of an underlying stock like Google or Tesla without needing to own it. This enables great features like leveraged trading which can amplify your profits or losses, but this is only recommended for advanced traders.
Is trading CFDs on blue chip stocks risky?
All trading has an element of risk but blue chip stocks are considered less risky than their non-blue chip counterparts. As mentioned in our ‘What is blue chips stock?’ section, blue chip companies earn this title after having proved to be a stable, reliable and profitable entity over a long time horizon, therefore they are less risky that newer companies, especially those that struggle to maintain profitability. You can increase the risk profile of your trade by adding leverage which amplifies your risk, though we do not recommend this strategy for new traders.
Conclusion – Trade CFDs on blue chip stocks at CAPEX
This concludes our blue chips stock explained guide! After reading our guide you should have a firm grasp of what is blue chipstock, you can now use this knowledge to make safer and more informed trades.
Our expert team here at CAPEX offer the whole package making it a high quality platform for traderand advanced traders. Go to CAPEX.com to experience an award winning blue chip trading platform first-hand. If you enjoyed our guide, be sure to check out more of our amazing guides and reviews that are sure to help you on your trading journey.