You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
DAX Help Questions
- Thread starter RedDuke
- Start date
ksonsinc,
I also went to expo yesterday. Few new companies, few bucket shops, the rest were the same crowd as last year.
citykid,
I would not make my decisions based on news. I used to in forex and got burned. My primarily focus on news it be on sidelines when they come out. I have Bloomberg and news wires, so I know about all major economic news that come out, but if you can share from your experience what other news affect DAX and where you get them, it would be great.
Regards,
redduke
I also went to expo yesterday. Few new companies, few bucket shops, the rest were the same crowd as last year.
citykid,
I would not make my decisions based on news. I used to in forex and got burned. My primarily focus on news it be on sidelines when they come out. I have Bloomberg and news wires, so I know about all major economic news that come out, but if you can share from your experience what other news affect DAX and where you get them, it would be great.
Regards,
redduke
Quote from citykid:
i do not get this volatile argument. i would say that generally single stocks are volatile while indexes are much less volatile. I think the dax is in the range of the other indexes like sp500, ftse and the dow. however i think we do not go into a deep discussion about the dax' volatility since everybody can open the chart.
[...]
u have to keep into consideration the leverage and the fact that stocks are not all over the place as futs; stocks might move and trend more in % but they have much less noise and short term whipsawing.
For small time trading most anyone will do, but if you really go to 30+ a clip you'll have to go with an X-Trader firm, and then preferably one who has a seat on the EUREX...you'll get your fills faster and better quote stream...watch out, lots of the US firms use intermediary clearers for their EUREX business, and they pay on average 20% extra on top of the normal exchange fees and clearing.
GET a strategy for the DAX, dont just trade it, shooting from the hip, the contract volatility and tick value is high, although the Eurex has extended the hours to 22:00 now...this has definitely lowered the risk a bit.
If you're looking for Day-Trading margins the lowest i've seen is Global Futures at 2k Euro...it can help if you're going to undertake a scalping strategy and want to go in with large positions.
If you can read German (I can) check out some of the german/european chat rooms/websites about trading, search on google.de, and then use yahoo-babelfish to translate the pages for you...all the big Eurex traders are over there, Germany, France, Spain.
Good Luck...more US traders should checkout European Contracts...I think they differently played, less overplayed as compared to the US indices.
GET a strategy for the DAX, dont just trade it, shooting from the hip, the contract volatility and tick value is high, although the Eurex has extended the hours to 22:00 now...this has definitely lowered the risk a bit.
If you're looking for Day-Trading margins the lowest i've seen is Global Futures at 2k Euro...it can help if you're going to undertake a scalping strategy and want to go in with large positions.
If you can read German (I can) check out some of the german/european chat rooms/websites about trading, search on google.de, and then use yahoo-babelfish to translate the pages for you...all the big Eurex traders are over there, Germany, France, Spain.
Good Luck...more US traders should checkout European Contracts...I think they differently played, less overplayed as compared to the US indices.
Yeah...two bigger ones I use are
www.elitetrader.de (no clue if its related to this .com one)
www.broker-test.de, this is a big whopper of a site too, probably better than the ET one.
Good luck, get it automatically translated, sure it wont be perfect, but youll get 90% of it right, with babelfish translator.
http://world.altavista.com/
www.elitetrader.de (no clue if its related to this .com one)
www.broker-test.de, this is a big whopper of a site too, probably better than the ET one.
Good luck, get it automatically translated, sure it wont be perfect, but youll get 90% of it right, with babelfish translator.
http://world.altavista.com/
Ksonsink,
I started at the open (3am my time) and traded for about 3 hours. I can not give any advices on this market, and Iââ¬â¢m a total newbie trading futures and DAX. I trade of 3 and 1 min charts. These are the time frames which I use for forex. I went over morning sessions for as many days as I could get from e-signal download, and these time frames seem to have a lot of opportunities.
Regards,
redduke
I started at the open (3am my time) and traded for about 3 hours. I can not give any advices on this market, and Iââ¬â¢m a total newbie trading futures and DAX. I trade of 3 and 1 min charts. These are the time frames which I use for forex. I went over morning sessions for as many days as I could get from e-signal download, and these time frames seem to have a lot of opportunities.
Regards,
redduke