intraday swingtrading Dax

Discussion in 'Journals' started by cvds16, Jun 28, 2019.

  1. cvds16

    cvds16

    Nothing much going on but a slow grind up. But it's making me money so far ...
     
    #11     Jun 28, 2019
  2. MattZ

    MattZ Sponsor

    Is your DAX a CFD or you trade the actual DAX Futures?
     
    #12     Jun 28, 2019
  3. cvds16

    cvds16

    no it's the CFD, I trade through Tickmill.co.uk and quite satisfied with them: spread is 0.85 points and you can have 0.01 CFD on.
     
    #13     Jun 28, 2019
  4. dozu888

    dozu888

    he is not trolling... what you are doing is reading tea leaves... this is basically trading noise...
     
    #14     Jun 28, 2019
  5. cvds16

    cvds16

    well, we'll see ... you guys don't know nothing about my method but have your opinion ready without anything constructive to add ...
     
    #15     Jun 28, 2019
  6. trader1974

    trader1974

    I do not want to discourage him but in intraday it is very difficult to compete with hight frecueny trading
     
    #16     Jun 28, 2019
  7. cvds16

    cvds16

    it's hard I have to admIit, but it is possible ... I used to try to trade 5M charts and there you just can't compete with them anymore.
    So far this trade is handsomely my way. I spent a lot of time finetuning my craft and worked like a sponge talking to a lot of traders. Most of the time I either got partial information or total crap but in the end I tried inventing something of my own by observing tons of things. Even last week I was still trying to incorporate the 5M charts at times. It seems I don't need them is my conclusion now. So this is why I am taking a fresh start with this journal.
     
    #17     Jun 28, 2019
  8. dozu888

    dozu888

    once I see 'stochastics' and 'ema' it's basically game over lol...there is no money there.... you will see lol.
     
    #18     Jun 28, 2019
  9. cvds16

    cvds16

    Well I thought the same for a long time ... but then I changed my mind ... I don't use standard values which opened up my eyes. And I combine things.
     
    #19     Jun 28, 2019
  10. MattZ

    MattZ Sponsor

    Yes, if the size is a concern, I understand. But you can not beat the liquidity of the exchange, fair execution and spreads. Maybe you should consider the Mini Dax Futures (ON Eurex) which is 1/5 of the large Dax, and it's 5 Euro per point. CFD cash markets also charge SWAP rates. When it comes to scalping you can not do it on CFDs (IMHO).
     
    #20     Jun 28, 2019