After the DAX is not practical since yesterday traded and has attracted the German stock market are no consequences, I avoid trades with co-occurring on the DAX.
What I have learned so far from the crash, can be reduce to the following:
- init stops are mandatory. Accompanying losses are immediately to be included and the entry should be done with appropriate care. Here it can help with small test positions and begin to increase in success. However, this can easily cost a large part of the performance. This, however, in some cases better than high-init-stops take losses.
- overnight positions with KO-notes are extremely sensitive, because in my case happen to start with -6% without opening possibilities for action in premarket trading. Here it is then too late.
- Trailing Stops are needed to win to secure positions. This should include the current volatility and be pulled strongly at high profit positions> 25%.
- stop courses are absurd on smooth technical marks, since are too many stop courses. A distance of -5% to this, avoid knock-on dead center. This increases but also always the risk Depot.
The last 3 weeks have cost me a few gray hairs, even though everything could very easily put a clear strategy. The turmoil on this scale, without any technical counter-reaction, I could not imagine personally, however.
... and it is far from over. Denmark has just 12 billion. Support from the ECB get. A short-term counter-movement to justify the time but a risk position. Overnight positions are still taboo for me, after a 100% failure KO until the volatility is something out of the market ...
0 comments:
Post a Comment