After a hard weekend of training for my holiday climbing, what's the plan again ??? Plan is to trade the 15sma range with a 0.03% and 0.06%, with the 30sma to keep me on the right side of any momo. F12 time, DAX 9am 7th September, I didn't curve fit for this day, so lets see. 15's down short near 15sma 10691, firming out 82 +9 Short again 85, then 89, massive run up likely SL's hit. Looking good, tired, try it live tomorow pm likely.
why don''t people just sell options instead of trading minis? Ofcourse 10% of the time they the stock has a huge move and that $100 per contract you was going to make, turns into a $1000 loss. that $100 per contract losing only 1,000 is wrong , on 50 pips it is 5,000 now you know why u can't touch
Errmmm, that's a quote from talking OPTIONS there. So if he Shorts a Call/Put out of the money, spends say $100 on the position, his max profit is $100 and his downside nearly unlimited. Stocks, so not pips at all!
Update, well it's a Monday so motivation is Zero, Hassles have been high aswell and my left shoulder has frozen causing some discomfort Method, dumped the 30sma, 15sma direction and range only, looking promising. Will attempt to trade later after picking up the kids!