Short DAX at 7740

Quote from younouss:

flat entry point..

You know that is exactly why I scale out, the way I see it is very similar to Volente's position management. My main win rate is derived from gains generated on 2/3 scale out points, by leaving 1/3 it's like an add on main position, if bounce leads to a reversal I stand to benefit substantially more. Not telling you how to do it, just my 2c.
 
Quote from JSSPMK:

You know that is exactly why I scale out, the way I see it is very similar to Volente's position management. My main win rate is derived from gains generated on 2/3 scale out points, by leaving 1/3 it's like an add on main position, if bounce leads to a reversal I stand to benefit substantially more. Not telling you how to do it, just my 2c.

Correct!

I understand your money managemenBut in this trade I was looking for more than 20 points so I kept the whole position..
 
Quote from shaked:

Another quarter sold at 7565 ( +50 ), just because the economic announce at 15:30 ( in 3 minutes )

last quarter remain.
Last quarter stop moved up to 7575.
 
Quote from shaked:

This is exactlly what i see, one is trying to push the market down and the other is holding it so far - in a narrow 30 points range.
I think the volume so far is normal ( but it's not my territory :) )

No CHECK SPELLING so i'm sorry for my wrong spelling !!!:mad:

30 points range can yield nice profits if played properly.
 
Quote from RedDuke:

30 points range can yield nice profits if played properly.

100% agree with you, we talked about the fight ( or games ) that was at the bottom range today.
 
Quote from RedDuke:

Guys,

Don't you think we need to change thread title to something more descriptive, like "Intraday DAX trading"?

redduke


ask to Master Joda ie Asusilovic :D
 
Quote from RedDuke:

Guys,

Don't you think we need to change thread title to something more descriptive, like "Intraday DAX trading"?

redduke

O.K. Let´s call it Short DAX at 7740 - reminiscences of intraday DAX traders....:) :D :p
 
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