Ashwini Chadha,
I have observed that in the recent past, Copper exhibiting nice trending moves. Since you have been into commodities trading, I would like to know if Copper trended same way historically especially in 30 min/60 min timeframe.
Secondly, the lot of copper costs around Rs.4.30 lakhs. Margin around 22K. I need your advice on the part that how much is sufficient to trade 1 lot of copper keeping a buffer for loss of consequitive 5 trades in a row. Say for example, each loss costs around Rs.5 K........multiplied by 5 losses comes to 25K. So, initial margin of Rs.20K + loss buffer of Rs.25K comes to Rs.45K. So, is it sufficient to have around Rs.60K in a/c to trade 1 lot of copper ie almost 3 times of required margin.
Thirdly, I would be grateful if you can share .........how copper can be traded. Though asking too much, I need your help in this regard.
Regard,
veluri