I may be wrong, but I see it as being a rigged manipulated market.
One of the advantages of the XJO is that it is made up of
200 separate individual companies, unlike a single share or commodity, it is much harder to manipulate.
Therefore, in theory at least, it should be a lot safer.
But occasionally the XJO overnight CFD does move considerably away from the actual index itself, before our market opens.
This presents an almost guaranteed winning strategy ..........to fade the CFD.
While high volatility can give large quick profits, the same thing replies in reverse if you
are on the wrong side of the trade.
You are trading agains the oil cartels, opec etc
Very brave.
So I see your strategy of trading a "highly volatile" market, and in this specific case, one which
is manipulated, as being very high risk.
Probably quite exciting.......but these days I'm not in it for excitement.
And I don't need to sit up and watch the markets at night.
