I need the VERY LOWEST DAX futures daytrade margin...please help!!!!...my current broker offers 2,000 Euros ($3,150.00 USD approx.) per 1 DAX contract for daytrade margin...can you direct me to a lower DAX daytrade margin...please help!!!!!
It's sad that I know the author of the post by the title of the thread. PLEASE HELP!!!!!!!!!!!!!!!!!!!!!
yeppers...trading the DAX is quite honestly...the best trading opp out there...better and tighter spread then the CL...you trade the DAX?
Only a moron should daytrade the Dax with less then 2,000 Euro You can lose 2,000 Euro in about 2/3 days... with just 1 contract Current pice=6360 x 25 (1 point value) =159,000 Euro 159,000/2000=79.5 Leverage is 79/1
let's hope for ET's sake, he loses his money as quickly as possible, quits trading and never sets a foot on this website again so we get freed from these moronic threads.
It's funny how this works. It seems to be the newer traders who get attracted by low margins. These are the very people who should not be concerned with low margins. Low margins are what's going to get you into trouble. It's like the old saying 'give them enough rope to hang themselves'. If you're a sharpshooter you can use those margins to your advantage, but even then you're gotta be careful. If you consider yourself at all 'green'...don't be so concerned with finding the lowest possible margins.