I think it is important to inform traders that it is very important that you be well capitalized before you even think of trading the DAX. It's...
Know how you feel. I'm done trading DAX today too. Up 50 Euros gross, but down about $90 net. 27 RTs. Narrowest range I've seen in many, many...
Futures have the advantage of having 60/40 tax treatment. That means that 60% of your gains are taxed as long term capital gains and 40% of your...
This is what a DOM (depth of market) screen looks like. You use it both to place orders and to view how many contracts are being bid and offered...
I also use eSignal as for my data feed, and I agree that since July eSignal has been excellent for Eurex data.
Hi Mark, I'm looking forward to your journal, as I'm also a DAX scalper...although I only do about 20-30 RTs a day and only trade the first two...
Is that how much you've paid in commissions...or are you the broker on the receiving end? :D
I really have to say I agree with what Scientist and Jayford said. In my 7 years of trading, I have traded listed stocks, nasdaq, options, and...
How did this poor guy's journal degenerate into a discretionary vs. mechanical scrimmage? Both styles of trading can work. Success in trading...
Yes, thanks for sharing. I am a fellow DAX trader (I am an American and I trade the first 2 hours), and then I try to get about 4 hours of sleep...
Fast, If you want to trade ES in today's market environment (i.e., narrow intraday ranges), pay very close attention to support and resistance...
If you want to learn about market trading, a Series 7 will do absolutely nothing to help you become a better trader. It may, for example, help...
My guess is that they are synonymous with currency futures, as futures used to be known as commodities. Only a guess though. I've never heard...
Joey, Obviously, people are reading your journal. But even if not a soul read your journal, it would still not be a waste of time for you to...
5 points a day is a difficult feat in the current low-volatility market conditions. Not impossible, but very hard. Be very skeptical of anyone...
Scientist, That was a good post. Traders need to adapt or die. It's as simple as that. The markets have no mercy on those who used to have...
Hey BigPunkin, If you are using a 4-pt stop, which is similar to the usual stop I use, I think it's best to expect that you will get stopped...
Yes, great quote. I'm inspired, too. That's exactly the mentality that is needed to succeed as a trader. PEG LEG JOE
Crappy days are where you really learn. You learn what you did wrong, and, more importantly, you learn about yourself...how you deal with stress,...
I also vary my stop size based on the setup. Keep in mind I trade mostly ES and DAX, but in general if I am chasing a trend, I find I need to use...
Separate names with a comma.