Hi there, I am currently learning about futures trading and more recently have decided to focus on the DAX Futures market as it provides the volatility I need for day trading. Also, I have had success in sim trading. I was wondering if you could help me with any tutorials? Are you based in Germany? I am from New Zealand. Thanks.
hi, i would recommend you to start daytrading with a very simple setup, watch if the market goes up or down at prior days high or low. this will give you a good starting point, as all other market action might be too confusing to you at the beginning. later you will learn that any market will first go up and then retrace (go back) about 50% of the way up and then start the 2nd up or down move...
hi, i would recommend you to start daytrading with a very simple setup, watch if the market goes up or down at prior days high or low. this will give you a good starting point, as all other market action might be too confusing to you at the beginning. later you will learn that any market will first go up and then retrace (go back) about 50% of the way up and then start the 2nd up or down move...
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Hi there, I am currently learning about futures trading and more recently have decided to focus on the DAX Futures market as it provides the volatility I need for day trading. Also, I have had success in sim trading. I was wondering if you could help me with any tutorials? Are you based in Germany? I am from New Zealand. Thanks.
ReplyDeletehi, i would recommend you to start daytrading with a very simple setup, watch if the market goes up or down at prior days high or low. this will give you a good starting point, as all other market action might be too confusing to you at the beginning. later you will learn that any market will first go up and then retrace (go back) about 50% of the way up and then start the 2nd up or down move...
ReplyDeletehi, i would recommend you to start daytrading with a very simple setup, watch if the market goes up or down at prior days high or low. this will give you a good starting point, as all other market action might be too confusing to you at the beginning. later you will learn that any market will first go up and then retrace (go back) about 50% of the way up and then start the 2nd up or down move...
ReplyDeleteOk, thanks for your reply. At the moment I am trying to define support and resistance areas and trading at these levels.
ReplyDeletekeep in mind that many pros trade at obvious support &r levels, so the risk reward factor is often better once the trend is established
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