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So is Sam making the money stated by others or not?
DAX trading & CFDs
- Thread starter dillym
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- cfds dax dax trading
tech/a
No Ordinary Duck
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Looks like he is trading the futures - 25 euro per point.
Who's your data provider dline?
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Yes trading futures.
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CQG
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Today I went live.
Traded the DAX cfd with TD365 after having some good results in demo.
Put in 1k. Made 70% within two hours thanks to volatility.
Heart nearly stopped as I came very close to being wiped out.
Lesson for next time: pay attention to position sizing!
Look forward to tomorrow's trading day.
Traded the DAX cfd with TD365 after having some good results in demo.
Put in 1k. Made 70% within two hours thanks to volatility.
Heart nearly stopped as I came very close to being wiped out.
Lesson for next time: pay attention to position sizing!
Look forward to tomorrow's trading day.
Welcome to the real world of live trading.
Whatever you may have overlooked using a demo account will come to fruition and reinforce what you should have been focussing on in demo and applied in the live environment. The DAX can really move when she decides to. She'll take profits back faster that she let you have them, if you get out of harmony with her.
FOMC is this week, depending on the announcement and reaction could see a fairly volatile scenario.
Besides 'position sizing' you really are way under capitalised at 1k.
Cheers
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DAX trading & CFDs
Hi lesm,
The reason I opened my initial bank as 1k was due to testing the waters instead of paper trading virtual dollars - I wanted to get a taste of what real live trading was about. After a certain timeframe I will increase my total bank to a minimum of 10k.
I have already withdrawn the profits I made last night - I'm in it to trade and withdraw, not trade and keep on donating back to the market.
Hi lesm,
The reason I opened my initial bank as 1k was due to testing the waters instead of paper trading virtual dollars - I wanted to get a taste of what real live trading was about. After a certain timeframe I will increase my total bank to a minimum of 10k.
I have already withdrawn the profits I made last night - I'm in it to trade and withdraw, not trade and keep on donating back to the market.
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Also, just wanted to add that I do appreciate your well meaning advice. Thank you lesm. I hope I haven't sounded harsh or abrasive.
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Elections in Greece and potential ECB QE should generate considerable volatility in the coming weeks 
.
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Given there has been talk of EU QE for about 6 years!! And oil is doing everything and more of what QE possibly could.
One might wonder why they would do it now.
Gold has priced it in, Euro has priced it in v US$
May wanna take the opposite side on this one.
Certainly some heavy hitters trading against the AU vs EU started taking that position at about 1.50 on December 17 till now.
Maybe time to spank gold.
One might wonder why they would do it now.
Gold has priced it in, Euro has priced it in v US$
May wanna take the opposite side on this one.
Certainly some heavy hitters trading against the AU vs EU started taking that position at about 1.50 on December 17 till now.
Maybe time to spank gold.
A lot happened this week. When I heard news about the EUR/CHF over the squawk...SNAFU. It's an interesting case study nevertheless and perhaps forces us to question some of the variables we take as given in our trades/analysis--but really shouldn't.
European indices are rallying. DAX ATH. Intraday it has been a case of buying both creeps and leaps. Bonds have been front-run in anticipation of selling them back to the ECB at a higher price. Can we say QE is priced in? If QE is announced and within expectations it'll be a case of buying dips for a while. Where is capital flowing? QE is an experiment favoring high asset prices. What if ECB QE announces no ceiling to its purchases, or at least a very high one--double what the market is expecting. Strap in. What about how conventional it will be, and what if an announcement is deferred? Maximum pain to the downside. The events of this week are a reminder that nothing can be taken as given.
European indices are rallying. DAX ATH. Intraday it has been a case of buying both creeps and leaps. Bonds have been front-run in anticipation of selling them back to the ECB at a higher price. Can we say QE is priced in? If QE is announced and within expectations it'll be a case of buying dips for a while. Where is capital flowing? QE is an experiment favoring high asset prices. What if ECB QE announces no ceiling to its purchases, or at least a very high one--double what the market is expecting. Strap in. What about how conventional it will be, and what if an announcement is deferred? Maximum pain to the downside. The events of this week are a reminder that nothing can be taken as given.
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I hope you didn't take the other side of the trade. Seems not all of it was already priced in.
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After all the holidays, mine included, back into some trading tonight, sitting on a long with 2 lots from 10777. Nerves of steel to hang on, but want to keep watching, will call it a night soon, even though it's already called that
Need many more hours in front of my screen! At least it's moving nicely so far tonight
Probably should start my own thread, but it would probably only benefit me with keeping disciplined so may not be much point *crawls back under rock*
Need many more hours in front of my screen! At least it's moving nicely so far tonight
Probably should start my own thread, but it would probably only benefit me with keeping disciplined so may not be much point *crawls back under rock*
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Out of both around 10860
Need to work on some stuff, had a few knee-jerk trades before this one, a bit trigger happy(easy to do on the dax!), ended okay though.
Need to work on some stuff, had a few knee-jerk trades before this one, a bit trigger happy(easy to do on the dax!), ended okay though.