how much return you expect from commodity market

[ashwani chadha]

Done.The stop loss on the spreadsheet is completed for 5 commodities (Lead,zinc,copper,silver,crude oil).

Thank you.

i will give rest of the THREE(FOR NICKEL I HAVE GIVEN DATA) tommorow ,i just want that price data and stop loss data should be complete after that i will have to give only one entry every day to complete spread sheet,rest i will explain to you that what caculations you will have to do to fill other column of the sheet,basically balance work of analysis will be at your end,you can under stand now that once your spread sheet will be complete,the full picture of the ASHWANI CHADHAS SPREAD SHEET TRADING SYSTEM WILL BE CLEAR TO YOU,SINCE THIS IS A PART OF MY BOOK ONCE ALL THE REGULAR READER ,WHOM NAMES I HAVE MENTIONED IN MY FIRST POST ON THIS SYSTEM, WILL NOTE DOWN THE SYSTEM AND THEIR SPREAD SHEET WILL BE COMPLETE,I AM GOING TO REMOVE MOST OFF THE MATERIAL WHICH IS A PART OF MY BOOK WITH IN A DAY OR SO THANKS

 

[Rajeevji]

...i just want that price data and stop loss data should be complete....

Dear Ashwani,

I have started doing it.

thanks & regards

Rajeev

 

[Rajeevji]

Dear Ashwani,

Excel sheet completed. Following stop losses are to be entered:

lead on 9th jul [], zink on 8th jul [] and 9th jul [], aluminium all, copper all, nickel on 9th jul [], gold on 9th jul [], natural gas all.

Vishnu: Is the above okay?

regards

Rajeev

 

[vishumahajan]

i will give rest of the THREE(FOR NICKEL I HAVE GIVEN DATA) tommorow ,i just want that price data and stop loss data should be complete after that i will have to give only one entry every day to complete spread sheet,rest i will explain to you that what caculations you will have to do to fill other column of the sheet,basically balance work of analysis will be at your end,you can under stand now that once your spread sheet will be complete,the full picture of the ASHWANI CHADHAS SPREAD SHEET TRADING SYSTEM WILL BE CLEAR TO YOU,SINCE THIS IS A PART OF MY BOOK ONCE ALL THE REGULAR READER ,WHOM NAMES I HAVE MENTIONED IN MY FIRST POST ON THIS SYSTEM, WILL NOTE DOWN THE SYSTEM AND THEIR SPREAD SHEET WILL BE COMPLETE,I AM GOING TO REMOVE MOST OFF THE MATERIAL WHICH IS A PART OF MY BOOK WITH IN A DAY OR SO THANKS

Spreadsheet is up-to-date with all the information provided.

Thanks

 

[vishumahajan]

Dear Ashwani,

Excel sheet completed. Following stop losses are to be entered:

lead on 9th jul [], zink on 8th jul [] and 9th jul [], aluminium all, copper all, nickel on 9th jul [], gold on 9th jul [], natural gas all.

Vishnu: Is the above okay?

regards

Rajeev

If i am not wrong , Zinc 8th July S.L. was 104.8 and for Nickel 9th July S.L. was 1047.6

Rest of the above seems to be fine except gold (where the stop loss has yet to be provided for all the days, starting from 23rd june) and for copper all the S.L. till 9th july has already been provided

Thanks.

 

[ashwani chadha]

if i am not wrong , zinc 8th july s.l. Was 104.8 and for nickel 9th july s.l. Was 1047.6

rest of the above seems to be fine except gold (where the stop loss has yet to be provided for all the days, starting from 23rd june) and for copper all the s.l. Till 9th july has already been provided

thanks.

s.l.lead long 9 july is 119/00
short was open in zink on 9th july at 105/95 and its stop loss is
107/20 for short position
how to use end of day stop loss
now we all are not intraday trader but we are position trader and trading on end of day basis,so we need not bother what is happening in the price of any commodity during day,so if price go blow our stop loss during the day,we need not worry,our decision is just connected with the closing price of the day,either we will take our decision next morning or same night at 11.28 p.m,if closing is coming below our stop loss then we will close the trade.rest their are very minute steps which we follow while using stop losses,which i will explain later but you should remember basic rule first

 

[ashwani chadha]

s.l.lead long 9 july is 119/00
short was open in zink on 9th july at 105/95 and its stop loss is
107/20 for short position
how to use end of day stop loss
now we all are not intraday trader but we are position trader and trading on end of day basis,so we need not bother what is happening in the price of any commodity during day,so if price go blow our stop loss during the day,we need not worry,our decision is just connected with the closing price of the day,either we will take our decision next morning or same night at 11.28 p.m,if closing is coming below our stop loss then we will close the trade.rest their are very minute steps which we follow while using stop losses,which i will explain later but you should remember basic rule first

gold short was open on 23/6 for 5 aug cont at a price of 22685 on 23/6 its stop loss was 22885 then22622/22488/22403/22327/22283/22252 on 30th june after that 22141/21999/21921 on 5th short was closed on21772 and same time long was open at 21772 with a stop loss of 21572 on long side
then 6th 21835 for long move 7th 21914 8th 21971 and 9th on saturday it was 22090

 

[ashwani chadha]

gold short was open on 23/6 for 5 aug cont at a price of 22685 on 23/6 its stop loss was 22885 then22622/22488/22403/22327/22283/22252 on 30th june after that 22141/21999/21921 on 5th short was closed on21772 and same time long was open at 21772 with a stop loss of 21572 on long side
then 6th 21835 for long move 7th 21914 8th 21971 and 9th on saturday it was 22090

these are called mental stop loses,we dont give triger of these with broker but these are kept in our mind,so that if eod closing come below this stop loss only then we will take step with our broker to close the trade at market price at once without giving second thought(now only natural gas and aluminium are pending in my view rest all seven are complete

 

[ashwani chadha]

these are called mental stop loses,we dont give triger of these with broker but these are kept in our mind,so that if eod closing come below this stop loss only then we will take step with our broker to close the trade at market price at once without giving second thought(now only natural gas and aluminium are pending in my view rest all seven are complete

short was open in aluminium mini at 113/75 on 20th june with a stop loss of 115/40 then113/90 114/30 114/60 114/30 113/80 113/80 113/90 114/00 113/90 113/70 113/10 112/80 on 5th july short was closed at 111/30 and long was open as stop loss of 110/30 on 6th 111/70 for long on 7th112.10 on 8th 111/80 112/00
on saturday(only natural gas data pending)

 

[vishumahajan]

these are called mental stop loses,we dont give triger of these with broker but these are kept in our mind,so that if eod closing come below this stop loss only then we will take step with our broker to close the trade at market price at once without giving second thought(now only natural gas and aluminium are pending in my view rest all seven are complete

I have always used mental stop loss only till date.Only problem was to hold the contract even after hitting the stop loss and waiting for a miracle to happen (but pullbacks occur very rarely
But now the trading rules are changed