MCX Silver Real Time Trading Log - 20% ROI

[manikam]

sir, how to use edging methods in intraday trading

 

[marimuthu13]

sir, how to use edging methods in intraday trading

Hello sir..
To be frank, i dont use Hedging in trading as i am small trader..

 

[marimuthu13]

3rd Trade

Friends,

Waiting for price action near 54650, then will decide buy or sell...update the same ..

 

[marimuthu13]

Re: 3rd Trade

Friends,

Waiting for price action near 54650, then will decide buy or sell...update the same ..

Sorry for the dealy..

Bought @ 54697 based on price action at 54650...sl 54580

Tgt 55080 ...

NB:
One can buy on dips (if comes) to 54640 with sl of 54490 tgt 55080

 

[marimuthu13]

Re: 3rd Trade

Sorry for the dealy..

Bought @ 54697 based on price action at 54650...sl 54580

Tgt 55080 ...

NB:
One can buy on dips (if comes) to 54640 with sl of 54490 tgt 55080

3rd Trade closed (automatic square off by system as its intraday product type) with 155 points profit..

N.B
Whoever missed 1st chance to enter buy, got another chance to enter at 54640 ...

 

[marimuthu13]

Summery (up to 4th March'13)

Here is summery of the trades.

No of Trading Days - 3
No of Trade - 3
Cumaltive profits/Loss - +590 points.

 

[marimuthu13]

Trade No 4

Sell Silver May Future at 55290 (cmp 55240 , time 5.21 PM)

SL 55380 Tgt 55030

 

[marimuthu13]

Re: Trade No 4

Sell Silver May Future at 55290 (cmp 55240 , time 5.21 PM)

SL 55380 Tgt 55030

Sold at 55290 (time 5.26 PM) ..SL is 55410 tgt 55030

 

[marimuthu13]

Re: Trade No 4

Sold at 55290 (time 5.26 PM) ..SL is 55410 tgt 55030

Trigerred SL of 120 Points


Cumalative profits/loss is (590-120) +470 Points..

After sell call @ 55290, it went only 4 rs, thats 55294...

then down to 55108 around 182 points gain...

then up in 300 points & triggeered SL in same 5 min candle..

Anyway, its market..so loss is part of trading...

 

[MANISH_DAMANI]

In silver sl 100-200 points is nothing. If instant reaction come 200-300 points in 1 short always possi.