Disliked{quote} I as i have seen in your journal earier atleast if you havent gone over too futures you traded CFD`s with points and i have no clue at all how that works i have done one trade on the dax with one lot and with the broker i used for that 1 lot was way too small...Soo probebly a very stupid question how many lots doo you need on Indices too be the same as 1 lot in forex pairs...I have gooten that its counted in points and not pips but thats pretty much it would be nice if you couldd explain a little abaut the difference in trading indices instead...Ignored
I don't trade Forex pairs. So no info about that.
1 FDAX Future 1 point = E25,00 P/L (costs +/- E3,00 round turn/in & out)
1 MDAX Future 1 point = E 5,00 P/L (costs +/- E3,00 round turn/in & out)
1 CFD 1 point = E 1,00 P/L (costs +/- E2,00 round turn/in & out)
So 5 CFD contracts is +/- same P/L value as 1 MDAX (Mini) Future contract but higher broker costs.
CFDs are more expensive, and therefor not so suitable for scalping.
CFDs are better for Swing trades. Try to catch longer trend trades/break outs.
With 5 CFD contracts you can scale out easier then with 1 Future contract. Thats the only advantage I see in CFD trading. Let the last CFD contract run as far as you can.
And I forgot you can hedge with CFDs and thats not possible with Futures, unless you have 2 differnet Future accounts.
"It's better to be out wishing to be in... than to be in wishing to be out!
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