Quote from FortuneTeller:
What I would like to know is how much money did he make trading the DAX vs. ES last year and if he taught any of that to his Jellies or if he just concentrated on ES.
Today on Don's blog he admits that his DAX trading creates much of his income:
"Frankly, much of my recent ES income has come from trading between 4:00am and 9:30am ET, and my DAX trading has been far more profitable this year than in 2008. This has especially been true recently as I've ramped up the "seriousness" of my personal trading by getting to bed earlier or sacrificing some sleep to mirror some of the dedication and commitment I showed during the 2007-early 2009 stretch, before deciding to restore the body and soul over the summer.
And as I write this tonight, I see ES has broken out of its intraday logjam, and yes, I've been trading it."
And that he has taught this to his jellies:
"As has often been said, one has to fish when the fish are biting, which is why I devoted multiple portions of the Jellie Study Series Webinars to the critical relationship between Europe and U.S. markets during the 3:00am - 9:00am timeframe."
And from this part it is quite obvious he made quite a lot from trading the DAX overnight during his $2 million stretch:
"As is typically the case, we reap what we sow, and the extent of our trading earnings is a direct reflection of the time and effort we choose to put into this business. Such was the case during the recent $2 Million stretch where I made sacrifices few would ever think of making, before easing off the accelerator over the summer."
It is obvious that Don is reading this thread.
Now another question for Don:
How does one make a big portion of your $2 million stretch trading the DAX and only average $5 a turn?