how much return you expect from commodity market

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cotton

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except the stop loss value which u calculated with fluke and it comes near universal stop loss due to good luck of ur fluke.
Rest all 100% wrong ,u made ur own formula, once again check ur atr value calculated and see and tell what is the (mistake of principal )in ur calculation of atr stop loss and answer .
Atr is 100 % correct but formula which u used for caculating stop loss is 100 % wrong:( (i will explain shortly once listen from u )BUT STILL, I APPRECIATE UR EFFORT!!!!!!(I USED WEEPING ICON FIRST TIME ,AT THIS THREAD,AFTER UR THIS FORMULA)
Ashwani the value i calculated I used reference from your earlier post where u suggested 2.5 for EOD and 4 times from 4 hr intraday...thats why i calculated the same...otherwise we can use the standard pivot also to calculate...
 
Hi all... Sorry I'm off for the last few days....

I have been seriously working on starting Sub-broker business for commodities. I have at present 10 to 20 clients ready to invest minimum of 50K.

Kindly advise is that a good business and can i earn good monthly income.

Pls give your valuable suggestions.

thank you
Sairam
i dont think it is a good business,good clints trade just on line,brokerage which one get are very low.i dont recommend to start this business,your over head will be more then your income,if dont start at a very large scale
 

cotton

Well-Known Member
dear cotton.,as my lap top dont print y and j,so since a month i was using i in place of y in various words of my post
to day i have baught new desk top with 17 inch screen
firstly it will solve my problem if my lap top is some time under repair,other wise i was not trading on those days,when lap top is under repair
secondly i will still be writing my posts at lap top but i will try to adit my post for y and j at this desk top,to day it is my first post from my new desk top and i adited few of my previous posts for replacing y in place of y
I myself using desktop only..office is yet to provide me my new laptop..should be getting on monday i suppose...
 

cotton

Well-Known Member
except the stop loss value which u calculated with fluke and it comes near universal stop loss due to good luck of ur fluke.
Rest all 100% wrong ,u made ur own formula, once again check ur atr value calculated and see and tell what is the (mistake of principal )in ur calculation of atr stop loss and answer .
Atr is 100 % correct but formula which u used for caculating stop loss is 100 % wrong:( (i will explain shortly once listen from u )BUT STILL, I APPRECIATE UR EFFORT!!!!!!(I USED WEEPING ICON FIRST TIME ,AT THIS THREAD,AFTER UR THIS FORMULA)
I used the pivot calculator and here are the values..

Pivot : 107.85
R1 : 108.88
S1 : 105.35
 
Ashwani the value i calculated I used reference from your earlier post where u suggested 2.5 for EOD and 4 times from 4 hr intraday...thats why i calculated the same...otherwise we can use the standard pivot also to calculate...
i just told you at my post that use 2.5 atr as eod stop loss bUT( first)i did not told you
that atr is adjusted in buying price and you did it your self IT IS ADDED OR SUBTRACTED FROM LAST CLOSING PRICE
TWO---WHEN YOU ARE SHORT YOU WILL ADD 2.5 ATR IN LAST CLOSING PRICE BUT AS YOU ARE SHORT IN LEAD ,IN STEAD OF ADDING 2.5 ATR VALUE IN LAST CLOSING PRICE ,YOU SUBSTRACTED 2.5 ATR FROM YOUR SELLING PRICE
NOW I THINK YOU CAN REALISE YOUR MISTAKE
NOW AGAIN CALKCULATE AND GIVE STOP LOSS FOR LEAD FOR MONDAY WHICH YOU WILL BE USING,SO THAT I CAN CHECK WHEATHER THIS TIME YOU ARE WRITE OR NOT ,CAN STILL CLEAR ANY CONFUSION
 

cotton

Well-Known Member
i just told you at my post that use 2.5 atr as eod stop loss bUT( first)i did not told you
that atr is adjusted in buying price and you did it your self IT IS ADDED OR SUBTRACTED FROM LAST CLOSING PRICE
TWO---WHEN YOU ARE SHORT YOU WILL ADD 2.5 ATR IN LAST CLOSING PRICE BUT AS YOU ARE SHORT IN LEAD ,IN STEAD OF ADDING 2.5 ATR VALUE IN LAST CLOSING PRICE ,YOU SUBSTRACTED 2.5 ATR FROM YOUR SELLING PRICE
NOW I THINK YOU CAN REALISE YOUR MISTAKE
NOW AGAIN CALKCULATE AND GIVE STOP LOSS FOR LEAD FOR MONDAY WHICH YOU WILL BE USING,SO THAT I CAN CHECK WHEATHER THIS TIME YOU ARE WRITE OR NOT ,CAN STILL CLEAR ANY CONFUSION
Todays ATR : 2.46
Closing Price : 103.20
Monday SL : 103.20+2.46=105.66
 
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