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That took me by surprise. I forgot I mentioned my brothers trading! Wondered for a second how on Earth you knew! Yes, he's been at it for ages. Tried every technical method under the sun and spend lots on various seminars and coaching etc etc. He is in a very good financial situation, but the...

Thanks. Yes, true. I've been told this a few times already. But since i'm unable to work out what the alternative is (it's only ever aluded too, and things are ruled OUT like charts and Time+sales etc, but no advice yet as to what should replace it) i'm left to carry on as I was and hope that...

Does this mean you shorted at 4409 after the break of the line and the subsequent double top? thanks

I don't know how to program so I have to rely on my eyes to backtest. I'm just using technical analysis like trendlines, doubletops, support/resistance etc, which I assumed should work on any market? (if any of it actually works at all) I'm gonna leave the Dax alone I think, as someone told me...

You're doing better than me! I just find it impossible. Can anyone suggest any daytrading methods that don't include charts/TA, as I tend to do a LOT worse than random when I use technical analysis. Today, for example! Only 1 trade got even close to my target. (7th trade which had a MFA of 30)

I'm new too. I'm in medicine. My brother has been trying to daytrade the markets for about 6 years (indicies) and seems to lose fairly consistently. Lucky for him, he can afford it as he has a VERY well paid job, and losing a few hundred dollars per day can be seen as a very expensive hobby...