timsk
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Hi hhiusa,
Tim.
Traders have to decide this for themselves. It would be inappropriate for me - quite wrong in fact - to dictate to others what they should or shouldn't do. Whenever this question crops up, I recommend members read this FAQ: How Much Money Does a Trader Need To Start Trading?Well to clarify, what amount would you recommend trading futures or CFDs with? Is a few thousand pounds truly sufficient? Since they are a more sophisticated product, do you think that the rule for day trading should apply to them as well and; thus, a $25,000 minimum.
I use ETX Capital - a spread betting firm - to trade the Dax and Dow.Could you tell me what types of financial instruments you trade? Which brokerage firm do you use?
Blimey, I feel like I'm being interrogated here, lol! As per your first question, I recommend that anyone who's unsure which market to trade to read this FAQ: Which Should I trade - Stocks, Futures or Forex etc.? Personally, I just stick to indices as experience tells me that I'm lousy at multi-tasking and I can't keep track of numerous instruments simultaneously. But that's just me, others would get bored stiff if they traded just one instrument at a time. As with most things trading wise, it's horses for courses.You said that you trade the DOW in the afternoon.? Could you clarify what you mean by you trade the DOW? Are you trading the Dow Jones E-mini on the CBOT? Which of these below do you trade? I noticed that you didn't mention anything from the U.K. Is it because of stamp duty? Many people here are talking about the DAX. Is there a reason you choose the DAX above all other European markets?]
Tim.