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Old 03-10-2008, 06:39 AM
Bearbull Bearbull is offline
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Re: Any DAX and/or STOXX traders here
Quote:
BlowFish
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Good advice from AgeKay. I'm not sure what exactly a 'small account' is but the DAX can rip through several thousand euros/contract in seconds. It's certainly no place to be with a small account.

I have been trading the FTSE a little recently thats intresting 'feels' more like the DAX than Stoxx. I shelved the DAX several months back as it was just behaving oddly (to me) with strange volumes (block trades probably) and some quite erratic movements.
Yes Dax does require wider stops and can at times be very volatile, however if you learn to identify the recurring patterns and time your entries etc, it can be managed in time.
How do you find FTSE, tried it many years back but found the market lacked liquidity and was too spikey. Any comments of the Stoxx, appears to have enough liquidity, however am not comfortable with the charts. guess it is a matter of getting used to the instrument.

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