Sinopsis
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
1. The EUREX Introduces the Mini DAX Future
2. The German DAX, a Popular Market for International Traders
3. Advantages of Future Trading
4. The Heikin-Ashi Chart
5. What Is Scalping?
6. What is the Advantage of Being a Scalper?
7. Basic Setup of Heikin Ashi Scalping
8. Entry Strategies
9. Are Re-Entries Sensible?
10. Exit Strategies
11. Are Multiple Targets Sensible?
12. When You Should Scalp the Mini-DAX-Future (and When Not)
13. Useful Tools for Scalpers
A. Placing Orders
B. Open and Close Orders
C. Managing Open Orders
D. The Trailing Stop as a Profit Maximization Tool
14. Various Stop-Orders
A. The Fix Stop
B. The Trailing Stop
C. The Linear Stop
D. The Time Stop
E. The Parabolic Stop
F. Link Stop Orders
G. Multiple Stops and Multiple Targets
15. On the Stock Exchange Money Is Made with Exit Strategies!
16. Further Development of Market Analysis
A. Key Price Levels
B. Live Statistics
Epilogu
Glossary
More Books by Heikin Ashi Trader
About the Author
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.