new to commodity trading

a-b

New Member
#1
i am new to commodity trading and using odin as my work software,
i wanted to ask how can i hold a commodity for say 15 days without getting the loses or profits in my account.
for example,
if i buy copper nov for 379 and the next day it goes to 370 and dont want to quit and i am sure that after a week it will give me some good returns
in this case can i do something where nothing gets deducted(loses) or added(profits) for the time period i want to wait.( but i have to maintain some kind of minimum margin in my account):confused:.also, i wanted to ask if i buy any commodity say nickel oct on 27
oct and the contract expires on 29 oct and i am facing loses on the last day also so i have to sell on loses itself or there is any way for holding the commdity:confused:.
thanks
please reply even if there is a no in answer::):)
 

alroyraj

Well-Known Member
#2
i am new to commodity trading and using odin as my work software,
i wanted to ask how can i hold a commodity for say 15 days without getting the loses or profits in my account.
for example,
if i buy copper nov for 379 and the next day it goes to 370 and dont want to quit and i am sure that after a week it will give me some good returns
in this case can i do something where nothing gets deducted(loses) or added(profits) for the time period i want to wait.( but i have to maintain some kind of minimum margin in my account):confused:.also, i wanted to ask if i buy any commodity say nickel oct on 27
oct and the contract expires on 29 oct and i am facing loses on the last day also so i have to sell on loses itself or there is any way for holding the commdity:confused:.
thanks
please reply even if there is a no in answer::):)
Mark to market will always have to deducted or added.
But you can search on calender spread trading. In this in one month contract you are long and in another you are short. This will require lesser margin.
Nut some thumb rules do not trade on any contract in the last few days before expiry.
Always keep an active stop loss,say if you bought 379 keep stoploss at 1%-3% depending on position size.
Or you can trade commodities intraday that way you can avoid MTM.

Most obvious options is options.
 
Last edited:

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