had a party yesterday, so i did just one trade this morning. guess which direction/reason
iīd like to say something principal about dax because i see divergent posts.
yes, up to 40% on eurex/xetra volume is traded by algos every day. not every algo is an htf, but every htf is an algo. i like algos/htf, they are liquidity providers. not all of them, but regulators did a lot in the past years. i pray for another flash crash, because this will be the day i will buy with all i can. itīs just a short time panic in price,combined with minimum liquidity, but value is unchanged.
yes, of course dax is not the index of "the" german market by definition - only the biggest 30 companies. many traders on ff canīt even name 50% of the components, nearly no one knows the mdax, sdax, hdax, tecdax. dax is a capital weighted performance index, created by deutsche börse. in comparison, dow is an anachronism, created by a news paper, not capital weighted.
earnings determine the value of a company in the long run, and investors decide how much they want to pay for a stock. demand and supply are regulated by the price. the price is not manipulated, but there are different opinions upon the price in the future. thatīs good, otherwise there would be no trade.
investing and trading are two absolute different things. i try do to both.
while writing this, dax made new ath (my portfolio did the same
). there a so many good reasons for this...goldielocks scenario.
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
iīd like to say something principal about dax because i see divergent posts.
yes, up to 40% on eurex/xetra volume is traded by algos every day. not every algo is an htf, but every htf is an algo. i like algos/htf, they are liquidity providers. not all of them, but regulators did a lot in the past years. i pray for another flash crash, because this will be the day i will buy with all i can. itīs just a short time panic in price,combined with minimum liquidity, but value is unchanged.
yes, of course dax is not the index of "the" german market by definition - only the biggest 30 companies. many traders on ff canīt even name 50% of the components, nearly no one knows the mdax, sdax, hdax, tecdax. dax is a capital weighted performance index, created by deutsche börse. in comparison, dow is an anachronism, created by a news paper, not capital weighted.
earnings determine the value of a company in the long run, and investors decide how much they want to pay for a stock. demand and supply are regulated by the price. the price is not manipulated, but there are different opinions upon the price in the future. thatīs good, otherwise there would be no trade.
investing and trading are two absolute different things. i try do to both.
while writing this, dax made new ath (my portfolio did the same
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
fortis fortuna adiuvat
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