What's your timeframe? I'm not against averaging if you have a strategic view, but what's your account size for $50/tick position, what's your acceptable drawdown - have you checked the statistics on the dax - how it behaves relative to price within your timeframe? What's your exit strategy should your approach fail - what's the loss relative to your portfolio size? Do you know how many contracts are held to close (open interest)? If you don't know the answers, you're gambling and doing the good ole hope and pray strategy based on paper trades and anecdotal evidence.
- Forums
- CFDs
- Mega-Trends To Get Rich Quick
Mega-Trends To Get Rich Quick, page-24
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online