The term Point is the smallest value of a market to the left of the decimal point. Index markets are usually priced in points. With CFD and Spread Bets brokers this usually the smallest value that is traded. Generally, we use the term Points when trading Index markets because brokers of these markets price the …
FAQ Category: Trading the DAX
These are the most often asked questions for the DAX.
In our Master Trader training series, we explain the “Secret to Successful Trading”, and it’s too much of a spoiler to give you the short version now: its understanding and accepting a loss. It’s definitely, absolutely not finding a “Holy Grail” strategy. There is no such thing. You become a trader when you accept this fact.
Adding to a winning trade can significantly increase profits. This should be done only if the market has a valid trade strategy set-up at the addition point.
Stop size should be determined by testing of the trade strategy you are using. There is no fixed stop size that fits all strategies.
Both spreads and traded executions are important when trading the DAX. The broker we use in our live trade room, Markets.com, offers a 0.8 spread on the DAX and solid executions. These tighter spreads add up in the long-term, especially if you’re frequently trading / a day trader.
The official DAX open time is 09:00-17:30 CET Central European Time. This is 08:00-16:30 GTM.
Trade Room Plus has been consistently trading the DAX for profit live infront of members since 2013.
The DAX moves in predictable consistent patterns and this means we are able to use technical trading strategies to help us profit from these moves.
The DAX goes through periods of both sideways and trending markets, and when it does, it presents lots of trading opportunities for us. There are three trading strategies that we use on the DAX all the time. These are swing trading strategies, breakout trading strategies and scalping.
The DAX 30 is the premier index of the German stock market – the Frankfurt Stock Exchange. The index is the amalgamated stock prices of the top 30 companies and includes big, world-renowned brands such as BMW, Allianz and Adidas. On spread bet and CFD brokers the DAX may be also be called Germany 30, …