How much capital is required for commodities? Is my initial investment 50K will be fine?
I thought 50k was enough for the F&O market as i was checking Zerodha and they had that margin calculator where it said it requires around 30k for each futures contract of Nifty and BankNifty? Is that correct then?
Or that will be a huge risk on the current capital?
Problem is not the money...
If you know the market, then with capital of 20 K u can earn big with proper timing & buying CE or PE only.....
But problem is ur new, and with 50K u will not be able to take proper action, like partial booking, adjusting, holding more time, like etc.
That is why I have told u not to enter FNO market.
U can very well trade in stocks, where u can manipulate according to chart with one stock, not like FNO where one lot size has to be bought or sold..
Also do not EXPECT to earn more than 10% in first year...
Mind it...u have to give tution fees to market...so keep it simple, small in trade size...
Never risk more than 1% or ur capital..