DAX Futures March 2022

Quoting Nicy

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Here is a summary of what I did and it looks very foolish in hindsight and very lucky as well. {image}

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Quoting Brixen

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{quote} stopped out at be now, I leave some shorts up in any case, lets say slight below and slight above 14200 zone

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Quoting Brixen

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{quote} 1. you were caught at the highs of late morning/early afternoon = worst situation you can find...... 2. 14750/770 was crucial zone (wed highs, 50% retarcement last big swing seel off and so on) 3. only money mgmt with different positions (and different weight) can saved you, adding specially at next stations = slight above/slight below 590 zone or better 530/550 zone. 4. the erratic nature of wild dax, often help the poor trader caught in this vertical sharp dip situation (as many times I was trapped and survived here on same very difficult...

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Quoting Brixen

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the more RUSSIAN markets loose, the more are the chances this war will stop or at best reduce...-48% in one day!!!!! this is the real sanction that will stop Putin, imho!! {image}

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Quoting Nicy

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{quote} So seems my judgement was off. I had my eye on different levels here but much higher than yours. Precisely 770, 750, 700 and 600. But starting from 800, by the time I was at 700 I already had more than 10FDXS loaded and I considered myself "light" on positions. I actually tool some small soft losses in the first part by having a 2 to 3 contracts "fluid". That is I will add on small dips and sell on small peaks. I mean 10-15 pips per time. This will sometimes lower my average but the risk is to err the timing and make things worse. I added...

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Quoting Brixen

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107 just bought 1 FDXS

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Quoting Brixen

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{quote} 79 added now

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Quoting Brixen

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{quote} I have 2 FDXS 14093

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Quoting Brixen

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{quote} 124 closed now 1 position

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Quoting Brixen

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{quote} To be clear: A. my current trading way, even adapted and filter by key levels + a decent money mgmt, is very very risky!!!! B. you must be fast on minor waves and patient on major waves C. when price approach a key level, there are 66% chance they will rebound and 33% chance they will collapse to next key level. I always add a lot at key level, but this means nothing or even is bad when prices collapse for there. D. real key is MONEY MGMT, specially now that I have FDAX, FDM FDXS, DAX CFD as different bullets and weight

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Quoting Nicy

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{quote} Yes, I understand everything, except, how you decide how much to add on each level, or another words, where you move your total average price on each addition.

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Quoting Brixen

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045 added now 1 FDXS

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Quoting Brixen

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{quote} Crucial point is to remain stick , or better say not so far from current prices. To get this point, I have 2 chances: take soft losses on minor wave and add when major wave has finished his ride. I'm aware is easy to say and very difficult to put in practice, I know. How much it depends on your trading account, I have intentionally a large, very large trading account. As you can see on some trades on my journals , I had positions very huge of 50/60 DAX CFDs, 15/25 FDXM and even a couple of FDAX same time, luckily only in few and rare situations....

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Quoting Brixen

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{quote} I hold now 2 FDXS 14069

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Quoting Brixen

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{quote} 870 zone now added 5 FDXS

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Quoting Nicy

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{quote} Huge trading account is the minimum, I understand and provide. But I'm working the numbers on how not to lose it. The tricky part is, when you have, say the above exposure, or even smaller, say 30-50CFD/FDXS, 15FDXM and 1FDAX, you're in for approx 30-40 FDXM equivalent per pip. Where is your average or break even in that situation? Do you keep it at 50% to the previous station above your current position ? I tried in the past a few simulations, and quickly the drawdown would be in excess of 20K with a 500 point move. A move like tonight...

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