how much return you expect from commodity market

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while doing end of day trading,we will stick to the principal of
(((BE RIGHT AND SIT TIGHT)))-how i will explain shortly
BE RIGHT---means till ---PERFECT TRADE SETUP-is not there we will not take a trade ,how strong trade looks to be
FOR US PERFECT TRADE SET UP MEANS
EITHER WE WILL TAKE A TRADE FROM LOWE SUPPORT EOD
OR IF TRADE IS ALREADY IN MOMENTUM,WE WILL TAKE A TRADE FROM PIVOT SUPPORT EOD
WE WILL NEVER TAKE A TRADE ,ABOVE PIVOT LEVEL FOR LONG AND BELOW PIVOT LEVEL FOR SHORT
 

ayush2020

Well-Known Member
BE RIGHT---means till ---PERFECT TRADE SETUP-is not there we will not take a trade ,how strong trade looks to be
FOR US PERFECT TRADE SET UP MEANS
EITHER WE WILL TAKE A TRADE FROM LOWE SUPPORT EOD
OR IF TRADE IS ALREADY IN MOMENTUM,WE WILL TAKE A TRADE FROM PIVOT SUPPORT EOD
WE WILL NEVER TAKE A TRADE ,ABOVE PIVOT LEVEL FOR LONG AND BELOW PIVOT LEVEL FOR SHORT
very good lesson.... :)
 
Trailing stop loss is a mental stop loss as it is closing below stop loss,but
protective stop loss is a trigger stop loss,which you will use along with taking a trade
once we have used mental stop loss,we will remove protective stop loss at once,without failure,other wise against one long,after some time you may come to know,you have squared up your position twice and now you are siting short ,just as you have not removed your protective stop loss
 

ayush2020

Well-Known Member
once we have used mental stop loss,we will remove protective stop loss at once,without failure,other wise against one long,after some time you may come to know,you have squared up your position twice and now you are siting short ,just as you have not removed your protective stop loss
hello boss ... as of now there is no much move in any script.. how to handle these situations?? is it better to stay out of trade??
 
BE RIGHT---means till ---PERFECT TRADE SETUP-is not there we will not take a trade ,how strong trade looks to be
FOR US PERFECT TRADE SET UP MEANS
EITHER WE WILL TAKE A TRADE FROM LOWE SUPPORT EOD
OR IF TRADE IS ALREADY IN MOMENTUM,WE WILL TAKE A TRADE FROM PIVOT SUPPORT EOD
WE WILL NEVER TAKE A TRADE ,ABOVE PIVOT LEVEL FOR LONG AND BELOW PIVOT LEVEL FOR SHORT
Sir,

are you from delhi, if its ok with you would like to meet you.
It's work related.

Regards,
AP
 
hello boss ... as of now there is no much move in any script.. how to handle these situations?? is it better to stay out of trade??
dear ayush,it is not like this,in nine lots of commodity app 10 to 30 k move comes every day,but to catch them is every body risk reward own level
almost the risk which we will take on some day we can expect 50 to 100 % reward of the risk taken same day
suppose you have used 2000 as stop loss for to day then you can expect 1000 to 2000 reward for that day.pre condition is your buying should be not above pivot as explained earlier
to day silver lower support was 57000 and presently trading at 57500 stop loss for intraday was required 500 point ,current profit 500 point ,so for your trade now intra move risk and reward for to day are equal 500 rs risk 500 rs reward-trade closed
 
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