How to Scalp the Mini DAX Future?

How to Scalp the Mini DAX Futures

Thanks to the introduction of the Mini-DAX futures (FDXM) private traders with smaller accounts are afforded the opportunity to scalp the German DAX Index to professional terms. Unlike most other trading instruments, Futures are the most transparent and effective way to make money in the financial markets.

Scalpers have infinitely more trading opportunities than position traders or day traders, which constitutes the real strength of this trading style. A scalper may therefore manage his capital much more effectively than all other market participants and thus achieve much greater returns than would otherwise be the case.

The Heikin Ashi Trader shows in this book how to successfully scalp this new future on the DAX. You will learn how to enter the market, how to manage your position and at which point you should back out. In addition, the book contains a wealth of tips and tools to make your trading even more effective and precise.

Table of Contents

The EUREX Introduces the Mini DAX Future

The German DAX, a Popular Market for International Traders

Advantages of Future Trading

The Heikin-Ashi Chart

What Is Scalping?

What is the Advantage of Being a Scalper?

Basic Setup of Heikin Ashi Scalping

Entry Strategies

Are Re-Entries Sensible?

Exit Strategies

Are Multiple Targets Sensible?

When You Should Scalp the Mini-DAX-Future (and When Not)

Useful Tools for Scalpers

Placing Orders

Open and Close Orders

Managing Open Orders

The Trailing Stop as a Profit Maximization Tool

Various Stop-Orders

The Fix Stop

The Trailing Stop

The Linear Stop

The Time Stop

The Parabolic Stop

Link Stop Orders

Multiple Stops and Multiple Targets

On the Stock Exchange Money Is Made with Exit Strategies!

Further Development of Market Analysis

Key Price Levels

Live Statistics

Epilogu

Glossary

More Books by Heikin Ashi Trader

About the Author:

Heikin Ashi Trader is the pen name of a trader who has more than 17 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.

© 2018 DAO Press (E-bog): 6610000115266

Udgivelsesdato

E-bog: 10. oktober 2018