Archives: FAQs

How many forex pips can I make a day?

Although well meant, this is the wrong question for a new trader to ask. Trying to make lots of pips is not a successful approach to forex trading. Successful traders concentrate on risk management.

Which trading strategies make the most profits?

A successful and profitable strategy for one trader can be a poor and big losing strategy for another even if they are trading it on the same market at the same time. It’s the management of the trade and your trading trade after trade that makes the profits, not the strategy.  

What is the best broker for the DAX?

Both spreads and traded executions are important when trading the DAX. The broker we use in our live trade room,, 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.

When is the DAX open?

The official DAX open time is 09:00-17:30 CET Central European Time. This is 08:00-16:30 GTM. 

Why trade the DAX index?

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.

What is the best DAX trading strategy?

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.

What is the DAX 30?

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, …

What is the DAX 30? Read More »