DAX which way ?

In this post I wanna cover two things :

Know your product

You have to think about trading like any other buy and sell activity. Because it is what you are doing ... buy and sell. When you buy a new car, do you go blindly or do you do your own research ?

Same goes for the financial market. here are some of the things you need to know :
1. What product are you trading ? Cash ? CFD ? Futures ?
2. What is the product you are trading ?
----> in relation with this point, when you are trading indexes, you NEED TO KNOW WHAT IS BEHIND.

RULE OF THUMB FOR INDEXES : what are the 5 largest companies.

In case of the Dax :
1. SAP
2. LINDE
3. VW
4. Siemens
5. Allianz



What's next for Dax ?

I want to see if we can get a cheaper price or if we get a break out.


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