Short DAX at 7740

[Brendan R]

the 70 area, I fear one of these magic surges that could take us from 50 to 70 in a matter of seconds

 

[David M]

Quote from David M:

out half 4750

scaling out on 4756

leaving last contract on BE

 

[David M]

Quote from David M:

scaling out on 4756

leaving last contract on BE

well not leaving anything on the table .... out all 4761

going into ultra scalping for the rest of the day.

 

[xty]

Quote from David M:

what are doles? ... besides would be nice to see you posting your trades.

I dont do directional trades...............am a quant..............tried directional trades but stoplosses where just a nighmare.

doles mean money

 

[David M]

Quote from xty:

I dont do directional trades...............am a quant..............tried directional trades but stoplosses where just a nighmare.

doles mean money

ye know what you mean ... but what is quant ?

 

[xty]

Quote from David M:

ye know what you mean ... but what is quant ?

my trades are based on mathematical relationship b/w any 2 or 3 markets. e.g.......spx/dax...........dow/dax or ftse/dax.

fundamentals do play an important role in the execution . and thats where talking to guys and ladies on this forum really helps.

 

[xty]

brendan...........do you know when the dax expiration happens today?

 

[David M]

Quote from xty:

my trades are based on mathematical relationship b/w any 2 or 3 markets. e.g.......spx/dax...........dow/dax or ftse/dax.

fundamentals do play an important role in the execution . and thats where talking to guys and ladies on this forum really helps.

intresting ... how do you calculate that? and what is the success rate in it?

 

[xty]

Quote from David M:

intresting ... how do you calculate that? and what is the success rate in it?

seriously just formulate an hypothesis based on some premise...........which you must be very sure nobody agress with. the succes rate so far is plain simple............

if you dont overleverage your self........100%

if u overleverage............0%

you have to be very patient. example i have one of the legs on a trade: dax short from 4450

so u can imagine

 

[Brendan R]

Final Settlement Day is the third Friday of each expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the expiring option series on the Last Trading Day is at the beginning of the Xetra intraday auction starting at 13:00 CET

but

can only be exercised on the Final Settlement Day of the respective option series until the end of the Post-Trading Full Period (21:00 CET)

so trading ends at 13:00 CET but exercise window closes at 21:00 which means...

many things can happen between 13:00 CET and 21:00 CET.