trade from USA...but 5 DAX problems happen to you?

increasenow · Jun 4, 2008

Quote from RedDuke:

Yes it does. But it happens very rarely. One of my worst losses was when it went down, stayed closed for about 1/2 hour and then of course gapped against me. I did not hedge anywhere since I did not plan for it at the time.

Eurex is fully electronic no floor.

Also the statements are really easy to figure out. The broker just take part of your funds and converts them to euro. At the end of the statement you can see everything totaled in USD.

For those trading from US current exchange rate if really good, that is if you are winning of course.

As far as P/L goes, ti is best to think about everything in ticks and not $ or Euros. YOu can configure Ninja to show P/L in ticks (points).

DAX is a great contract, but if you do not know what you are doing, it will destroy your account extremely fast.

Regards,
redduke
More...

thanks redduke...I like it because you do not have to trade many contracts like YM, ES, NQ etc...just one can do the job...also noted...always a very tight .5 or 1.0 spead...very tight..thanks again

Log in or Sign up

trade from USA...but 5 DAX problems happen to you?

increasenow