Commodities Newbie Here

S

sangitadas62

Member
#82
#82
1.What is the weightage of each of the individual commodities within the commodity index(non-argi)?

2. Is crude oil having the highest weightage?

3. Is it true that whichever direction crude oil goes....it takes the entire commodity market with it?
 
A

ashu1234

Well-Known Member
#83
#83
sangitadas62 said:
1.What is the weightage of each of the individual commodities within the commodity index(non-argi)?

2. Is crude oil having the highest weightage?

3. Is it true that whichever direction crude oil goes....it takes the entire commodity market with it?
Click to expand...
As far as I know there are 3 major index MCXCOMDEX, MCXMETAL, MCXENERGY. And these are just calculated averages not much can be identified as all commodities are totally independent so assuming that crude can drag down gold/silver or metals is wrong as these are physical commodities and their movement depends on their individual demand and supply, even you can't compare gold with silver in the same group and lead with zinc coz there are times where the do not co-relate with each other due to individual factors. And for example take energy complex n.g and crude are now used as substitutes in international markets that's why many times they co-relate inversely. So commodities markets are purely demand and supply game plus sentiments so focus on that only.
 
A

ashu1234

Well-Known Member
#85
#85
Change the gold contract of Oct expiry, See Dec contract and it has given good swings this week, 1000 rs swing intraday in previous days.
 
N

NAYANTARA

New Member
#86
#86
Weight average price defination & how its calculated ?
When u disposed off a contract , how profit / loss calculated ?
What is break even price and how its calculated ?
Why i am in profit based on weight avg. Pr. & in loss based m2m ?
 
A

ankur07090

Banned
#88
#88
If we first sell then buy in lower position, what is it called...?
and can we do it for intraday only.Can we carry our position in next day in this scenario.

thanks
 
A

ashu1234

Well-Known Member
#89
#89
ankur07090 said:
If we first sell then buy in lower position, what is it called...?
and can we do it for intraday only.Can we carry our position in next day in this scenario.

thanks
Click to expand...
First understand what instrument that you are trading. In commodities you trade Futures - which are mostly non-deliverables. And what exactly a Future is - its an instrument through which one person promises to buy and other to sell at an agreed price without any actual deliveries. So if you are trading futures - yes you can sell and then buy at later price (you are speculating negative view) be it intraday or carry over until the contract expires.
 
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