Short DAX at 7740

You know that is exactly why I scale out, the way I see it is very similar to Volente's position management. My main win rate is derived from gains generated on 2/3 scale out points, by leaving 1/3 it's like an add on main position, if bounce leads to a reversal I stand to benefit substantially more. Not telling you how to do it, just my 2c.

 

Correct!

I understand your money managemenBut in this trade I was looking for more than 20 points so I kept the whole position..

 

Last quarter stop moved up to 7575.

 

Stoped last quarter ( +60 ).

 

30 points range can yield nice profits if played properly.

 

JSS

don't you see any short on 3min chart around 7608?

 

100% agree with you, we talked about the fight ( or games ) that was at the bottom range today.

 

Guys,

Don't you think we need to change thread title to something more descriptive, like "Intraday DAX trading"?

redduke

 

ask to Master Joda ie Asusilovic

 

O.K. Let´s call it Short DAX at 7740 - reminiscences of intraday DAX traders....