I don't have many limits on the DAX and only trade it with max 2 lots, which is more than plenty at the moment, but i was wondering if there were many DAX traders out there and if so, how do you trade it.
Do you only trade breakups/breakdowns on it?
Do you have an automated trading system or hit it aggressively?
What range will you give yourself? Risk 3points to make 10 on it?
For myself, I can read the price action on it pretty well, but picking a level that doesn't put me off side and show massive pain is sooo hard on this product. Sure enough, on most occasions, I get shaken out only to see the trade pan out later.
Not the type of product I would want to trade cowboy style, but sure feels like it's the only way to trade it.
Do you only trade breakups/breakdowns on it?
Do you have an automated trading system or hit it aggressively?
What range will you give yourself? Risk 3points to make 10 on it?
For myself, I can read the price action on it pretty well, but picking a level that doesn't put me off side and show massive pain is sooo hard on this product. Sure enough, on most occasions, I get shaken out only to see the trade pan out later.
Not the type of product I would want to trade cowboy style, but sure feels like it's the only way to trade it.