The Ultimate DAX Scalping Discussion Thread!

Quote from easyrider:

Everything is overbought, imo. We are due for a correction back to the daily ema.
More...
LOL. You see, that's the danger of opinion. I already sold twice, too, and got stopped by those silly spikes. Who'd have thought it'd go so far? Typical markets.

I've lost 2.5pts and 1.5pts just then, on 2 stop-outs... Hmmm...

I violated my #1 rule, and I paid for it ...

Just turned my mind around and got a bit of that long, though... Not right to the pivot, but a few points. Well, I got those losses back at least...

I'm not really scalping today. It seems like I've been pulled into this swing-mania by all the prodigies here posting 20+ point trades.

Today was and is full of great opportunities for everybody! Good Luck!

For me, I'm calling it quits for today. I've worked 13 hours already, I'm tired, and I'm going to relax and enjoy now. CU 2moro.
 
Your opinion can get you in trouble alright but unless you are a purely mechanical trader you have an opinion on market direction when you enter a trade whether it is off a daily chart or a tick chart. Discretion=Opinion, imo:)
 
Scientist (and Mark) take small losses. It should be good, but many small losses can destroy you. And they take them in the trading range most of the time. Is that good?
I think that the problem with losses is one of the most important in trading. It's very difficult to decide what's best. I hate big losses - but I also hate to take a lot af small losses.
 
He cannot afford to take any losses. Went to his brokers
site. For trading Dax they are asking for 7 euros per contract,
minimum 10 euros. Per side!
The margin is 9.000 euros.
This should kill Mark!
Why do you use them Baruch?
 
Yes, it is too much! Don't know tell me that. But you get free quotes, charts and Reuter news. And excellent service. And your money is safe. I like their trading platform, where you can trade futures, FX, shares and CFD.
 
You must log in or register to reply here.
Back
Top