The Ultimate DAX Scalping Discussion Thread!

[Bitstream]

European markets are a terrible deal for beginners. Taxes are atrocious and costs ridiculous, not the best place to be when daytrading.

That's because we never complain, while americans do. You don't need to look much further than fuel price difference and to the reaction of americans have if the state want to raise taxes: they make a revolution.

We on the other hand shut up and cry and lower our pants for the next....

milstar are you german?

PP

 

[milstar]

Dear Sir/Bitstream/

Not ,autor is only Germany resident.

Best wish milstar

 

[mtzianos]

Quote from Remiraz:

i finished this thread and found nothing useful. also, we cannot verify their stories with any accuracy.

Reluctantly, for the most part, I'm inclined to agree ...

These days I'm going over this thread once more (I had been following it, back in 2003-2004, but I wasn't trading DAX/ET to be able to evaluate whether things mentioned here had merit or not)

PS: Any meeting points (forums, IRC channels) of traders of the DAX? (no problem if it's in German language)

 

[Frege]

Quote from Scientist:

LOL - No, surprisingly enough my method is quite similar to him in some ways. To figure out the differences, I think you'd need to do deeper research, i.e. ask more specific questions or listen carefully.

Yet, Mark has a main focus on news plays, which I don't do at all, so that's a major difference!

Another is that Mark goes only for the smallest moves, while I generally try to do larger, parallel trades as well. I tend to stay in a trade until it proves wrong, rather than exiting as soon as I have a certain target, such as 5 ticks. If you're patient in the DAX, you can stay in and do 10+ point rides at a time occassionally. I don't think Mark does that. He grabs his profits very very quickly. If it's a better approach, I don't know. He does better than me, but perhaps it's because he does a little more volume, has lower commissions, very good technology and a lower ping to the Eurex exchange, as opposed to me (I live in Australia and have a ping of ~330ms)

S

Does Mark Velocity still trade the Dax?

 

[arzoo]

Would anybody happen to have 1-minute intraday OHLC data on the DAX, ESTX, Bund.

I've been looking at these markets and would like to try out some strategies on past data.

Thanks.

 

[paperboy]

Hi! How many pages is it in this thread? I was at about 180 some days ago and would continue. Now i only see 90 something.

 

[paperboy]

Ok..Is it another conspiracy?

 

[RedDuke]

Just finished reading this thread. Big thanks to everybody who contributed. I am very new to DAX and looking forward to trade this market. This thread gave me some insights on what to expect. Still need to digest all info that I got.

Scientist, any chance in resurrecting this thread. You have not been here for a while.

Regards,
redduke

 

[Trader28Lite]

Quote from Scientist:

OK, now that you've all read so many posts of mine, can you tell me any issues about myself that I need to work on?

... Besides brevity...

I can still see several. Which ones would you point out?

This is an exercise I normally do with trading buddies, but it could be interesting here.

Ego

 

[NihabaAshi]

Quote from Mom0/pH0x:

i saw several other pages too....wtf mod, where did the rest of the thread go?? explain pls...

All the off-topics, personal attacks, and advertising stuff was removed by the moderators.

In other words, that content that's now gone had nothing to do with the topic of the trading and some of it had nothing to do with trading.

Our comments will probably get removed too if someone complains loud enough.



Mark