How to trade Commodities - Gold, Silver, Crude Oil, Natural Gas

[sandipromade]

Hi

As per NTrader42, I have consolidated all the 15 Theorems by Kamlesh Sir in a PDF Version and now is available for download.

At the end of the document I have Summarized all the Thread (Till Posts 1044) shortly.

Here we go..

KHAZANA

 

[sandipromade]

Hi All,

Introduce myself,

I am a part-time Trader.. Working in MNC which is Core one, as Senior Engineer and trading since one year.

Mostly I trade in Minis Zinc, Lead, Natural Gas and sometimes Copper, Crude. I am new to TA and studying Books referred by Kamlesh Sir.

I burnt my hands so many times as well as I Flied with Wings.

I request you all to guide me whenever I do Mistakes in Charting and in Trades. I Love your Company.

Thanks and Regards for Welcome Mr. Kamlesh Sir.

Sandip Romade

 

[uttamkamlesh]

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[uttamkamlesh]

You may realize some profits at $100.06 (Pivot), again re-enter on bounce.

 

[NTrader42]

You may realize some profits at $100.06 (Pivot), again re-enter on bounce.

Hello Kamlesh

I messup most of the time trying to convert the $ rates into rupees thats why once the trade moves in favor, I trail them on mcx 5 mins charts, current short on crude at 5175, CMP 5130 Stops now at 5138

Thanks

 

[uttamkamlesh]

Next Stop at $99.0, Intraday positions may be closed.

One trade a day is good enough!

 

[NTrader42]

yes closed the trade at 5120 as MCX charts also show supply area around yesterdays close

Nice trade, patience paid

 

[uttamkamlesh]

Hello Kamlesh

I messup most of the time trying to convert the $ rates into rupees thats why once the trade moves in favor, I trail them on mcx 5 mins charts, current short on crude at 5175, CMP 5130 Stops now at 5138

Thanks

Your stop moving is OK, why do you convert etc.

Take decision in dollar terms on MT4 and hit market order at MCX, this is what i do.

 

[NTrader42]

Your stop moving is OK, why do you convert etc.

Take decision in dollar terms on MT4 and hit market order at MCX, this is what i do.

I usually close / partial book with limit orders, i enter stops always in the system as soon as my trades are executed.

Thanks

 

[uttamkamlesh]

Dear Friends,

Please follow ONE Trade a Day rule (zero is also OK => your money is with you). Controlling Greed & Fear is the KEY in this business.

You would excel in trading much before than normally you would.

Best Wishes!!!

Kamlesh Uttam