Hello,
My apologies if this may sound erratic to the members.
I have been a day trader/positional trader in Equities since about a year.
I want to start trading in MCX Gold in a few days time. I would like to know from the experienced traders for the same. My questions is, is it possible to capture a definite movement of Rs. 15-20 on daily basis? Just to make myself clear, say i bought MCX Gold Dec @ 19,840 in the morning at 10. Will it be possible that till 11 PM, i can book a profit @ 19,855-19,860 in the same trading session or is it possible to have a better/lower target on daily basis?
I am considering 14 trading sessions in a month for intraday and 2-3 for overnight positions.
I am open for suggestions and strategies.
Kindly share your opinions at the earliest if possible.
Regards
My apologies if this may sound erratic to the members.
I have been a day trader/positional trader in Equities since about a year.
I want to start trading in MCX Gold in a few days time. I would like to know from the experienced traders for the same. My questions is, is it possible to capture a definite movement of Rs. 15-20 on daily basis? Just to make myself clear, say i bought MCX Gold Dec @ 19,840 in the morning at 10. Will it be possible that till 11 PM, i can book a profit @ 19,855-19,860 in the same trading session or is it possible to have a better/lower target on daily basis?
I am considering 14 trading sessions in a month for intraday and 2-3 for overnight positions.
I am open for suggestions and strategies.
Kindly share your opinions at the earliest if possible.
Regards