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Any FDAX traders here?


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Any FDAX traders here?

  #111 (permalink)
 crossover 
Brussels Belgium
 
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piebald View Post
I usually only trade once or twice a day in the DAX and hold for most of the day, so bid-offer spread is less of a concern for me. My average PnL is 40-50 ticks.

I'm not very familiar with the scalping style - do you not enter on limit orders?
What's your hit rate? Are your wins and losses the same size?


One of the methods i use is here:

https://nexusfi.com/elite-trading-journals/30600-alpha-trading-method-ninjatrader-advanced-trade-management-jdneeman.html

follow up is :

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  #112 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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With this broker one point is 25€.
To illustrate ONE Dax future for trade with Interactive Brokers I show here the margins from the
actual table. Margins do follow the price - up and down.
Intraday is from 08:00 to 22:15 german hours - every minute outside means overnight margin.
So today for one Dax future you need to have a margin of 13904€. For overnight you need have
a minimum of 22247€.
If the evening session is near closing you get a warning after 21:45h to close your position if
the margin for overnight is NOT covered. If you do not react - your position will be closed by IB
and you have no longer an open Dax position with them.
Other brokers means other margins - but brokers with a margin much lower than IB for the same
future are more or less bucketshops where your money is not always guaranteed anyway.
So decided wisely WHERE to trade and then WHAT.
Illustration here:


GFIs1

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  #113 (permalink)
piebald
london, uk
 
Posts: 14 since May 2015
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Sadly I'm not an elite member.


crossover View Post
One of the methods i use is here:

https://nexusfi.com/elite-trading-journals/30600-alpha-trading-method-ninjatrader-advanced-trade-management-jdneeman.html

follow up is :


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  #114 (permalink)
 GFIs1 
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piebald View Post
Sadly I'm not an elite member.

So this is your next and maybe your best longtime investment

GFIs1 which means: GoForIt

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  #115 (permalink)
 GFIs1 
who cares
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Experience: None
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In liquid markets with a real broker (not bucketshop) you always have a good bid/ask
on the Dax during cash hours. This changes of course in afterhours as well as in the
night with the overnight margin.
There are times when price jumps before and after announcements especially.
This might cause price jumps - and maybe some orders not filled on the intentioned
price.
Here a screenshot of the normal lower volume during lunch time:



GFIs1

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  #116 (permalink)
 
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 Balanar 
Germany
 
Experience: Advanced
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Broker: NTB / Continuum
Trading: FDAX and CL
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GFIs1 View Post
In liquid markets with a real broker (not bucketshop) you always have a good bid/ask
on the Dax during cash hours. This changes of course in afterhours as well as in the
night with the overnight margin.
There are times when price jumps before and after announcements especially.
This might cause price jumps - and maybe some orders not filled on the intentioned
price.
Here a screenshot of the normal lower volume during lunch time:

GFIs1

That is why I always recommend to enter a position with a limit order!

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  #117 (permalink)
piebald
london, uk
 
Posts: 14 since May 2015
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I might, only just joined and I'm evaluating the rest of the site. I'm mostly interested in quantified strategy development.


GFIs1 View Post
So this is your next and maybe your best longtime investment

GFIs1 which means: GoForIt


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  #118 (permalink)
 crossover 
Brussels Belgium
 
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GFIs1 View Post
So this is your next and maybe your best longtime investment

GFIs1 which means: GoForIt



I can't agree more. :bmt:

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  #119 (permalink)
 JohnS 
Bamberg, Germany
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piebald View Post
I might, only just joined and I'm evaluating the rest of the site. I'm mostly interested in quantified strategy development.


crossover View Post
I can't agree more. :bmt:

triple agreed! elite membership is a great invest..less then 4 points on the DAX!

:bmt-rocks:

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  #120 (permalink)
 Bosch777 
Ireland
 
Experience: Intermediate
Platform: Ninja Trader
Trading: CL GC FDAX
Posts: 118 since Jul 2012
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Hi Folks,
would like to get peoples view regarding the likely slippage on the FDAX with a position size of 10 or 12 contracts on a few intraday entries/exits? Anyone?
Regards..

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