I built a trading model to predict the FTSE index. However, apparently one cannot trade the FTSE directly, but only different underlying products.
My model trains on the FTSE index, however tradeable FTSE futures are 20% different in daily direction.
Are there any ways to trade the FTSE index directly and not some derivative product that has different daily price movements?
- FTSE 100 Index Z
- FTSE Eurotop 100 Index Q
- FTSE 100 TR Index GBP TUKXG
I don't understand what it means and which one represents the real FTSE 100 index to train my model on.
Short explanation would be helpful