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SPX and DAX - CFDs are the place to be

  • #1,261
  • Aug 25, 2014 3:04am Aug 25, 2014 3:04am
pending order:

short @9424,8 sl 9434,8 tp 9394,8
fortis fortuna adiuvat
  • #1,262
  • Aug 25, 2014 3:14am Aug 25, 2014 3:14am
S&P:
Sell limit @1994.0
The best thing that can happen to you is to find out where you're wrong.
  • #1,263
  • Aug 25, 2014 3:25am Aug 25, 2014 3:25am
Quoting deltaone
{quote} hello again, thanks, i had. no, i didnīt - this weekend = last days of school holidays, wanted to spend my time with my children will inform you when i did that work...

No problems!! I have run a quick backtest and my results conclude that it is better to use a Fixed target if scalping than using a trailing stop.

The key is to not be greedy and stick to your rules.

I look at it this way, if you can make 35/40 ticks a week- it beats the average working man in the street doing a monday-friday job.

Agreed?

Col
  • #1,264
  • Aug 25, 2014 3:35am Aug 25, 2014 3:35am
Quoting Cprice76
{quote} No problems!! I have run a quick backtest and my results conclude that it is better to use a Fixed target if scalping than using a trailing stop. The key is to not be greedy and stick to your rules. I look at it this way, if you can make 35/40 ticks a week- it beats the average working man in the street doing a monday-friday job. Agreed? Col
thanks for that information.
agreed.

Inserted Video
fortis fortuna adiuvat
  • #1,265
  • Aug 25, 2014 3:36am Aug 25, 2014 3:36am
Quoting deltaone
pending order: short @9424,8 sl 9434,8 tp 9394,8
filled.
fortis fortuna adiuvat
  • #1,266
  • Aug 25, 2014 4:39am Aug 25, 2014 4:39am
Quoting deltaone
{quote} filled.
sl was hit. -10 again
fortis fortuna adiuvat
  • #1,267
  • Aug 25, 2014 5:47am Aug 25, 2014 5:47am
Quoting deltaone
{quote} thanks for that information. agreed. https://www.youtube.com/watch?v=4y6qD_2SQrs
LOL

Ps with IG do you not find that you get bad slippage? as You are not dealing direct with the real market so the prices they quote are not the correct prices etc..?

Thanks
  • #1,268
  • Aug 25, 2014 6:33am Aug 25, 2014 6:33am
Quoting Cprice76
{quote} Ah thanks!! One last question- at what point do you move your stop to breakevens? When 10 ticks onside etc..? eg 11 ticks onside move stop to breakevens 21 ticks onside move stop to + 10 25 ticks onside move stop to +20 30 ticks onside take the 30 as target hit etc.. Many Thanks
In terms of stoploss, can I suggest another capital preservation technique: instead of compromising your technical level by moving stops to BE, why not take half off when the moves cover the number of your stop pips?

Let's say you want to buy an asset at 50. And also lets say that the low of the swing is at 40. So you enter a limit order at 50 with a stop below the low at 38 (12 pip stop).

If the price moves in your favour to 62 (+12 pips) you take half of it off. Now you mathematically have a break even trade and you're in no danger of being knocked out for no good reason when the price comes back to retest the level, which btw, happens very frequently.

Capital preservation should be your primary concern. Profits generally take care of themselves.

Happy trading peeps!
D.
  • #1,269
  • Aug 25, 2014 6:34am Aug 25, 2014 6:34am
Quoting Cprice76
{quote} LOL Ps with IG do you not find that you get bad slippage? as You are not dealing direct with the real market so the prices they quote are not the correct prices etc..? Thanks


all i can say i never had problems with them. when i set orders, they are filled directly, even in very volatile markets at prices which are ok for me. plattform was never down/freezed etc.
look and feel of the plattform meets also my needs (prorealtime).
but if you donīt trust them, you can use other brokers, i think thereīs an extra section on ff where they discuss this subject.
take a look at whselfinvest if you are interested in direct eurex trading. you can trade fdax in real there, but they have comissions.
in the end, no broker will offer you something without receiving something for this - naturally...
fortis fortuna adiuvat
  • #1,270
  • Aug 25, 2014 6:42am Aug 25, 2014 6:42am
long @ 9449,5 sl 9439,5 tp 9479,5
fortis fortuna adiuvat
  • #1,271
  • Aug 25, 2014 6:54am Aug 25, 2014 6:54am
Quoting deltaone
long @ 9449,5 sl 9439,5 tp 9479,5
sl = be now.
fortis fortuna adiuvat
  • #1,272
  • Aug 25, 2014 6:57am Aug 25, 2014 6:57am
stop @ +10.
fortis fortuna adiuvat
  • #1,273
  • Aug 25, 2014 6:59am Aug 25, 2014 6:59am
Quoting Driver55
S&P: Sell limit @1994.0
I am in with a sell limit at 1996
  • #1,274
  • Aug 25, 2014 7:03am Aug 25, 2014 7:03am
stop hit. +10
fortis fortuna adiuvat
  • #1,275
  • Aug 25, 2014 7:17am Aug 25, 2014 7:17am
Quoting doggette
{quote} In terms of stoploss, can I suggest another capital preservation technique: instead of compromising your technical level by moving stops to BE, why not take half off when the moves cover the number of your stop pips? Let's say you want to buy an asset at 50. And also lets say that the low of the swing is at 40. So you enter a limit order at 50 with a stop below the low at 38 (12 pip stop). If the price moves in your favour to 62 (+12 pips) you take half of it off. Now you mathematically have a break even trade and you're in no danger of...

I cannot take half off as I only trade 1 FDAX contract
  • #1,276
  • Aug 25, 2014 7:45am Aug 25, 2014 7:45am
Quoting Driver55
Morning all !!! My strategy for today ( on 30 min. basis) if open > 9452.5 --> long if open < 9427.5 --> short
TP 9492 --> Out
The best thing that can happen to you is to find out where you're wrong.
  • #1,277
  • Aug 25, 2014 7:47am Aug 25, 2014 7:47am
Missed one or two opportunities... hmmm. Closed about half, target 9500.
Attached Image
"A handful of patience is worth more than a bushel of brains"
  • #1,278
  • Aug 25, 2014 7:58am Aug 25, 2014 7:58am
Quoting Iron Pawn
Missed one or two opportunities... hmmm. Closed about half, target 9500. {image}
... and done for today. Have a good one everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: FDAX.PNG Size: 17 KB
"A handful of patience is worth more than a bushel of brains"
  • #1,279
  • Aug 25, 2014 8:09am Aug 25, 2014 8:09am
my last try for today:

http://tc.md.it-finance.com/ProRealT...g&purpose=file
fortis fortuna adiuvat
  • #1,280
  • Aug 25, 2014 8:13am Aug 25, 2014 8:13am
sl = be now.
fortis fortuna adiuvat
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