how much return you expect from commodity market

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ashwani chadha

Well-Known Member
#42
dear cotton ,weekly support 20032/eod support 20015/eod resistance 20179(where exactly market closed to day)if market open gap up then 20179 will become support/if gap down during intraday it may touch 20015 on lower side, these data are on today closing/for tommorow opening all the three may be 10 to 15 point higher from these to leval.
 
#43
avoid taking short positions in commodity market till you are not mature trader ,reason here is risk involved in going short is three time more then going long ,secondly we are 20 time leveraged, so due to high risk& leverage,during going short & a small mistake on our part, will kill our capital very fast
 
#44
Dear ashwani,
First of all thanks for your valueable post on commodity. I am interested about commodity trading please guide me ... I am having a account with sharekhan
My 1st question How can I get the "10sma" "20ema" from Sharekhan (Trade tiger) is it there in the trade Tiger chart?

I will be thankfull to you if please give me the entry levels for gold mini or guina for my referrence.

warm regards
 

4xpipcounter

Well-Known Member
#47
Melissa, I can answer that question from a personal perspective. A sound technical methodology will not fail. You will fail it. 85% of my trades are winning trades. I'll take the 15% failure rate.

Also, if you feel like trading is gambling then stay out. Most gamblers lose. It is possible for all traders to win (Even though 90% fail.). It is impossible for all gamblers to win.

I could give you my views concerning Natural Gas, but my numbers are not close to yours. Current rate on my chart is 3.949.

BTW don't take the comments like I'm being hard. I am blunt and to the point.
Also, I did share my perspective concerning winning and losing. But, you can be a winner in this arena if you want to. It takes work and the application thereof.


Hey akash,
Thanks for the advice. I really value it. But I have also heard that technical details can also fail. So now what to rely on ? Evryday after knowing the market more i seriously feel its just gambling.
P.S : What do you suggest about Holding or Exiting Natural gas. I have bought @ 201.20
Saturday closing : 197.20
Thanks
 

4xpipcounter

Well-Known Member
#48
Most commodities are supply and demand. The odds are they are going UP, even though they do have downtrends. Ashwani was saying you need to be experienced in order to risk a short in the commodities markets.
I would defer in only one point. You need a sound methodology to trade the markets, regardless which way you go.


can u please please elaborate this?
 
#49
dear cotton ,weekly support 20032/eod support 20015/eod resistance 20179(where exactly market closed to day)if market open gap up then 20179 will become support/if gap down during intraday it may touch 20015 on lower side, these data are on today closing/for tommorow opening all the three may be 10 to 15 point higher from these to leval.
Where can I get techincal charts for Zinc/Lead and Gold (intra-day) ? I liked yor advice of trading in mini lots as fear of loss is less.
 
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