Recent content by Dax trader.

I’ve traded for over 30 years. And the markets have never been this irregular. Ever since it went computerised and they deregulated who could trade,it started turning for the worst, in my day you had to be a member for the SFA. New traders are clueless about selling. They seem only to have buy...

This stuff happens 100 times a day. Just watch Bloomberg or MSN, or any media outlet. The banks and hedge funds use social media And news channels for their own benefit. When they have 100’s of thousands of lots to sell they say the market is gonna rally so they can sell at the best prices into...

Yeah i don’t think it was ever as strong as news channels and banks kept saying it was. But that’s markets these days. 30 odd years ago thes markets would of tanked. But now the big banks and big hedge funds have so much capital, they support it to protect thier positions. I always find that...

And I read a post above where the guy said How can you get in a trade if you don’t know at what point to get out. It’s very true. Plan every trade. Double tops and bottoms are a good trade. But look where the next level of support or resistance is, they are not so hard to find, stick your out...

It’s a tough one. Markets change over time, they have really changed in the last 10 years. Quite a while back you could sit on a trade for day. But now I find it will always come back in your face, to solve this I trade bigger size and chase less ticks. Or play the waiting game and only trade...

Markets need to go down. They are so over brought it’s getting silly. A lot of traders just got buy buttons these days, they literally just buy the dip. And banks love it, as they have a big vested interest, but small traders beware. Banks own these markets it goes where they say it does. Hedge...