Buy Lead & Zinc
- Thread starter d_s_ramesh
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Great buddy, that is nice. I lakh is a good sum to get started with commodities. But....but, I am sorry dear, there is nothing like 100% accuracy in trading. It is just probability and working it the best way in your favor.
Simply those who say that they have a 100% system are making the flow of riches to their pockets guaranteed 100% by getting innocent people or traders to believe in them and you know....... make the traders only loose in the long run. Probably once the known start running away from them, they still are able to find more such ignorant traders to keep filling their pockets with real money for a totally non existent concept called 100% predicted trading.
Mr. Mohit, if you feel like and are willing to go ahead into this wonderful journey of a trader, we shall work together. I will help you know the basics and you can make yourself a genius. But, you need to assure one thing 100% to yourself. Commitment, commitment and commitment to what you want to become of yourself.
If you have to decide on this journey, do contact me. Let's join to create one more genius.
Simply those who say that they have a 100% system are making the flow of riches to their pockets guaranteed 100% by getting innocent people or traders to believe in them and you know....... make the traders only loose in the long run. Probably once the known start running away from them, they still are able to find more such ignorant traders to keep filling their pockets with real money for a totally non existent concept called 100% predicted trading.
Mr. Mohit, if you feel like and are willing to go ahead into this wonderful journey of a trader, we shall work together. I will help you know the basics and you can make yourself a genius. But, you need to assure one thing 100% to yourself. Commitment, commitment and commitment to what you want to become of yourself.
If you have to decide on this journey, do contact me. Let's join to create one more genius.
Re: gold guniea
Thanks ramesh for ur valueable thread abt GG.u mean to say that if I buy 10 lot of GG with sum of 15000*10=150000.with margin I pay 500*10=5000 approx.then if price of GG goes to 15050 per lot then i gain (15050-15000)*10=500. Am I right ? If yes then wat about brokrege & my net profit of this trade.
Thanks ramesh for ur valueable thread abt GG.u mean to say that if I buy 10 lot of GG with sum of 15000*10=150000.with margin I pay 500*10=5000 approx.then if price of GG goes to 15050 per lot then i gain (15050-15000)*10=500. Am I right ? If yes then wat about brokrege & my net profit of this trade.
Brokerage depends upon the broker you choose. As per my knowledge goes it is 0.06% for one side. But, sorry to say that you cannot buy 10 lots. No. of lots depends on the risk that particular trade has and the time frame you want to trade.
There is a lot more to know before jumping to trade right away. With Rs. 25K you are allowed to risk only Rs. 500 per trade. If your risk per lot plus commissions is within Rs. 500, only then you are allowed to trade positions.
As per todays market you can trade only one lot with Rs. 25k capital, suppose you plan to trade only GG (others not possible because margins are higher), then you can go up to 4 lots max. Strictly not permitted to trade more than 4 lots. Even this with an entry based on increments if the market moves in our direction. Not otherwise.
This may seem a lot less, when you are allowed to have big positions, but believe me over exposure will ruin your account in one go.
There is a lot more to know before jumping to trade right away. With Rs. 25K you are allowed to risk only Rs. 500 per trade. If your risk per lot plus commissions is within Rs. 500, only then you are allowed to trade positions.
As per todays market you can trade only one lot with Rs. 25k capital, suppose you plan to trade only GG (others not possible because margins are higher), then you can go up to 4 lots max. Strictly not permitted to trade more than 4 lots. Even this with an entry based on increments if the market moves in our direction. Not otherwise.
This may seem a lot less, when you are allowed to have big positions, but believe me over exposure will ruin your account in one go.
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:thumb: Thanks Ramesh Bhai for ur valuable fast reply. I m new in commodities & i don't have knowledge about MCX commodities plss teach me about basic knowlege of commodities. I want to start online commodity trading in this thursday or friday. My commodity trading account broker is Unicon India pvt. ltd and my brokerage is 0.001 Paisa.
Ramesh 0.001 paisa brokerage is good or not for me. What's ur brokerage Ramesh Bhai
Ramesh 0.001 paisa brokerage is good or not for me. What's ur brokerage Ramesh Bhai
Well Mr. Mohit, it was nice to hear from you to start trading in commodity. Let me keep you informed that at least my approach to the markets is not in and out every day. I follow a system approach and we need to wait to get the signals. Urgency will only lead to failures for which you would repent later.
Every trader on this planet start the same way and then, late do they realize their mistake, many a times after completely blowing down their accounts. Few are those who even go a few steps further, borrowing at high interests to trade or the fancy would have caught them so high that they become addicted to losing.
Please don't commit the same mistakes every one had committed. This forum gives you lots of learning opportunities. Get to know what the market is, the products you would be comfortable to trade. Those products your capital would allow to trade, any particular system you want to follow, get to know the system in and out. My words would be that it should be imbibed in your blood. It should be a second nature to you, only then begin trading.
Please...Please don't get lured by fancy promises by unscrupulous operators to get you triple digit gains, it will be they who gain and you will be paying your fees in lorry loads of cash from your capital account both to your soothsayer and the markets.
Take tips, but you should be in a position to analyze the tip and put your own judgment, convince yourself about the trade before you commit capital. To gain that knowledge, it takes time. First invest time in learning, then invest your money to gain more knowledge through real time trading.
I promise you, that you cannot make make money in the markets from day one. This may be discouraging, better in the beginning than when you are drained.
I follow the trend following approach to trading, my risk levels are very low. I do not promise any fixed gains, I follow technicals and a well tested system. I am against leverage. Money management, following the system with 100% discipline and total record keeping, these are my very strict rules for myself to trade.
With all this my success percentage is 35-40% winning trades & believe me I am able to cover the losses from the 65% losing trades and still have a decent gain which is well above any average investment avenue available at present in the market. This is consistently maintained year on year.
You may or may not like the trend following approach to trading, but there are various other methods to trade, lot many systems being followed. Please go through this forum, of all the methods, if you find trend following to be suitable to you. You should be psychologically balanced with its performance. Then.............only then decide to trade, once you are set in this stage I will take up with you, work with you to get you to mastery.
If you are dedicated and committed, you can learn the techniques in few weeks, but mastering them and earning from any method depends on your psychological balance. Need more resources, feel free to call on me. Help guaranteed in any manner on the knowledge part, but dedication and commitment is needed 100%. I stress on this very much, because people take time for granted and play not only with theirs but also with others who offer them as a service too.
When something is free, we don't feel the importance of it rather. But, those who are genuine will be the gifted lot. I believe you are one among the elite crowd.
Every trader on this planet start the same way and then, late do they realize their mistake, many a times after completely blowing down their accounts. Few are those who even go a few steps further, borrowing at high interests to trade or the fancy would have caught them so high that they become addicted to losing.
Please don't commit the same mistakes every one had committed. This forum gives you lots of learning opportunities. Get to know what the market is, the products you would be comfortable to trade. Those products your capital would allow to trade, any particular system you want to follow, get to know the system in and out. My words would be that it should be imbibed in your blood. It should be a second nature to you, only then begin trading.
Please...Please don't get lured by fancy promises by unscrupulous operators to get you triple digit gains, it will be they who gain and you will be paying your fees in lorry loads of cash from your capital account both to your soothsayer and the markets.
Take tips, but you should be in a position to analyze the tip and put your own judgment, convince yourself about the trade before you commit capital. To gain that knowledge, it takes time. First invest time in learning, then invest your money to gain more knowledge through real time trading.
I promise you, that you cannot make make money in the markets from day one. This may be discouraging, better in the beginning than when you are drained.
I follow the trend following approach to trading, my risk levels are very low. I do not promise any fixed gains, I follow technicals and a well tested system. I am against leverage. Money management, following the system with 100% discipline and total record keeping, these are my very strict rules for myself to trade.
With all this my success percentage is 35-40% winning trades & believe me I am able to cover the losses from the 65% losing trades and still have a decent gain which is well above any average investment avenue available at present in the market. This is consistently maintained year on year.
You may or may not like the trend following approach to trading, but there are various other methods to trade, lot many systems being followed. Please go through this forum, of all the methods, if you find trend following to be suitable to you. You should be psychologically balanced with its performance. Then.............only then decide to trade, once you are set in this stage I will take up with you, work with you to get you to mastery.
If you are dedicated and committed, you can learn the techniques in few weeks, but mastering them and earning from any method depends on your psychological balance. Need more resources, feel free to call on me. Help guaranteed in any manner on the knowledge part, but dedication and commitment is needed 100%. I stress on this very much, because people take time for granted and play not only with theirs but also with others who offer them as a service too.
When something is free, we don't feel the importance of it rather. But, those who are genuine will be the gifted lot. I believe you are one among the elite crowd.
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