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Introduction
In this weblog I keep an overview of thoughts about my trading the German DAX future and I also give my trades. I trade futures and CFD's
I basically trade the DAX based on the 60min candles because this timeframe is mostly used by the bigger investors. I call this the "15/60min system". The entry and exit times for these trades are allways intraday.
To hedge my positions I trade the DAX based on daily candles, also called End Of Day ("EOD" system). These positions are kept for a longer timescale; often days or weeks. The entry time for these trades are allways shortly after 20:00 European time, the exits throughout the day.
For both systems I use Contract For Difference (CFD's), which I hold at Deal4free. The advantage of using CFD's is that they can be traded after the closing hours of the german bourses so that I can react to the US bourses if necessary. They also enable me a good moneymanagement and riskmanagement. Already tremendously popular in Great Brittain, I am convinced that CFD's are the deratives of tomorrow. More about my system you find here
I trade futures on the FDAX on a daily basis which means that these positions are allways closed before closing bell (daytrading). I take a position one or two times a day at the most, not more. This has to do with discipline a very important and underestimated aspect of trading. I wont give these trades on these pages. If You want to make money in this way I think its reasonable to give me a small fee of 4 daxpoints a month (only 100 euro). You will get these trades via a messenger protocol which is the fastest and easiest way. You will be get informed in detail by email how to proceed.
© Copyright 2005 Carlo.
Last update: 11/11/2005; 8:59:57 PM.
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