Commodities Newbie Here

Where to get odd lot trade statistics for individual commodities (for both India and USA)?

Thanks

Odd lots are contracts marked for delivery. For MCX you'll find it under Marketoperations -> expired contract details. no under Deliveries are odd lot.
Try finding the same for Comex, but there its complicated as there are many contracts and ETF which will complicate things. If you are studying delivery to trade markets its hell of a job for a trader. Anyways all the best.
:thumb:

:clapping::clapping::clapping:

Can you post the names of the commodities in USA that are equivalent to MCX/NCDEX.

Like here in India, we have the name only "Crude Oil"..but in USA, we have a variety of crude oil contracts like "crude oil light sweet-nymex", "crude oil light sweet-ice futures"..and many more with the name crude oil..

Similarly, what is equivalent for wheat? SRW wheat or HRW or something else?

Its hard to figure out the right one that is equivalent to the one traded in India (agri or non agri....mcx or ncdex)

Re: How do you choose your broker...

Hi everyone...

This question may be basic, but being an investor in stocks for several years when one talks about a reputed broker I tend to relate to 'physical' brokerages of the past like - Geojit, Motilal Oswal Etc. - or the big entrants of the internet era like ICICIDIRECT...

Even though there were Sharekhan and HDFC, market regulators were choosey and strict in not allowing too many players..

And now when I am looking for a new broker I am so confused with the number of brokers ..
unlike earlier every one offers every segment.... our choice of brokerage... choice of platforms and so on...

At first I was wary atleast of the so called 'discount' brokers (not long ago, we do not even encourage large sub brokers), but I was surprised that every discount broker has a branch in ever area of my city..,


To make things worse there are rankings where only new brokerages feature in the list... ICICI etal are not even in the list...

Well.... where do I start?
Can I give even weightage to all these firms and evaluate...

How do you guyz choose your broker... I 'm curious...

Cheers...

Re: How do you choose your broker...

Hi,
Choosing a broker is a very personal thing and depends on what kind of trader exactly you are. Basically the list you are talking, I guess you have read it in Brokers thread which is Discount broker only thread, and rankings are done as per the preference of traders which need low brokerage in order to survive the market. Apart from brokerage platform and ease of use is the main criteria from traders point of view, which we all are sharing here on the rankings. Each brokerage house has some pros and cons and you need to analyze your need according it.
Now talking about other brokers apart from discount brokers are Full Service brokers, they usually charge premium(ofcourse they can ) coz they have wide branches across India, they have heavy staff and research, dealing and marketing team for which they charge premium rate and matter of fact I still think larger part of market is still with Full Service broker coz not every office going employee can trade in market hours and have market understanding, this is reason they are still existing and will always exist btw my personal belief is that they are not providing anything extra ordinary but they still are needed in the industry's food chain. So evaluating them accordingly.

Re: How do you choose your broker...

Thank you ashu... I agree, it's so very true...
However, in reality most of these discount players have everything - Technical analysis tools, charting, intraday recommendations, training and what not.... Research reports !!
They even allow you to walk in to their branches and use their terminals to place your orders...

Technology has made it accessible to everyone and they don't incur substantial over heads for these..

Full service players do not match up with this....
(but I have seen a couple of big payers already compromising on their brokerage terms...)...

Re: How do you choose your broker...

Good to know that discount brokers are trying to keep up with Full service brokers, about Technical analysis and charting can you name your discount broker which is giving it stable version of terminal with charting, so far Nest Plus and Zirodha's Pi is still buggy and I have witnessed problems, these products are still under developement I guess. Intraday calls is not a thing to look for any brokers (my personal view, they are only intended to generate turnover). Regarding research reports I really feel only top brokers are able to do it in true terms, rest of the brokers are just copying it.....
Anyways I'll look for only two things stability of software(in terms of speed and connectivity and ofcourse atleast 15 days on intraday data) and not low but reasonable brokerage with some leverage. Rest of the things are freely available on internet domain.

I don't know who is the leader (crude,silver or gold) but yes, there is a herding behavior among the commodities, especially after 2004.Non Agri commodities (some agries too) move in sync that even defies their individual supply/demand matrix.

Gold

OLX wants to buy whatever gold we have in our household.

http://imgur.com/1oHq7SA