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Episode 68 | Gary Langley - 3 days-a-week trader

A TRADER'S LIFE

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How to Trade the DAX and Cable

It was pound US to start with. The basket I look at is the FTSE and cable because they are kind of directly correlated. What I find with the DAXs, if you get it wrong, you really get it wrong. It's a little bit like the DAO. Because if you're on the wrong side of the freight train and you haven't got the discipline to kill a trade, well, before you know it, you're in a massive... But the DAX, it has very good retracement. For me, it scares the living brands out of them. You need deep pockets to trade that.

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