how much return you expect from commodity market

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Perfectly said Ashwani bhai.. i second your opinion

Dear OmSaiRam,

first learn and then earn,
and when u are confident enough, then do wahtever u feel.
At least give it a 3 year / 1000 day gestation period before taking the step.
If u have any query pls feel free to ask
o
u have perfectli advised him,thats what i also wanted to tell him
 

Klewtar

Well-Known Member
Perfectly said Ashwani bhai.. i second your opinion

Dear OmSaiRam,

first learn and then earn,
and when u are confident enough, then do wahtever u feel.
At least give it a 3 year / 1000 day gestation period before taking the step.
If u have any query pls feel free to ask
With the mind pre-occupied during full time work (or school/college) it does seem that it may take 3-5 years to learn financial trading before being secure.

One tip that I can give, to speed things up, is to learn how to identify the tops and bottoms of 2 to 4 day swings using MACD in no less than a 60 minute time frame (in addition to Stoch at 240 minutes/4 hours.) Learning to calculate pivot points, supports and resistance (and using spreadsheets to store and identify highs and lows of the week) adds to the accuracy of identifying the tops and bottoms of swings.

*has started (thanks to the threads on Traderji, especially this one) his first successful swing that he didn't enter by sheer luck or 50/50 knowledge.
 
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ayush2020

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Posting weekly chart of Silver, as per the penant formation,
if the penant is formed at halfway of the downmove, from the top,
that much more downmove is remaining

very nice charts..... one more thing is it advisable to buy at lower levels let us say around 40k???? or can we see more down?? fundamentally what we can say???

thanx
 

sumeetsj

Well-Known Member
very nice charts..... one more thing is it advisable to buy at lower levels let us say around 40k???? or can we see more down?? fundamentally what we can say???

thanx


Our Silver Strategy as of now (for at least 2-3 weeks)
Ashwani bhai pls suggest whether it is correct or not..

1. Sell on higher levels, we wait for our charts to give sell confirmations and then only sell, as trend is down we will earn good in sell side mostly

2. Whenever we get a buy call on our chart, we do not buy. We wait for the move to "Top out" and then sell on high. As on longer time frame chart(longer trend) we are getting negative only.

3. When the trend in the longer time frame chart turns positive, we BUY

This is how i will be working in Silver for some time.
If any queries please feel free to ask.
 
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