Crude Oil Mini [10 Units] Contract is Live in MCX from today.
Good news for beginners to Commodity market.
Crude Oil Mini Contract introduced today. It is LIVE.
Only 10 unit, easy to make average, partial profit booking with even small capital. Good for practice for beginners using position sizing, they can easily 3-5 lots.
@ TP, Kiran & others(who with small capital for practice), u can try this with very small capital. U can apply positional swing trading, averaging, partial profit booking and various position sizing technique according to risk and reward using very small capital too. :thumb:
Some regularly loss making option traders(who don't able to trade in nifty future due to small capital) can try to trade in Crude Oil Mini section too even with Rs20,000 capital now.
This is very good news for all new traders OR beginners to commodity market(may be a pro trader in Equity/Index Future ).