I started to trade in mcx from last march.You might have heared people
burning their fingers, but I burnt my hand.I did few alluminum lots and made
few rupees. But the Same alluminum burnt me big.Then made few trades in other commodities and few + few - .Net is big L.
I understood that market is not wrong, but I do'not know how to do it?
But kept trying. Resently I came across few friends who told me about Pivot
R1,R2 etc.., I realy stunned to see market moves in this points and rests in this points.
What I want you people to help me is recover my big L.Curently short in april potato @ 606.5.
My advice to new commers to MCX.
1.First trade in book(write IN paper)
2.Follow Pivot points.
3.Sell or buy but the entry point to good.
4.Never take more than one position in one commodity.
5.Objective is very importent.
6.E(emotion) F(Fear) G(greed) H(hope) not allowed in commodity trading.
burning their fingers, but I burnt my hand.I did few alluminum lots and made
few rupees. But the Same alluminum burnt me big.Then made few trades in other commodities and few + few - .Net is big L.
I understood that market is not wrong, but I do'not know how to do it?
But kept trying. Resently I came across few friends who told me about Pivot
R1,R2 etc.., I realy stunned to see market moves in this points and rests in this points.
What I want you people to help me is recover my big L.Curently short in april potato @ 606.5.
My advice to new commers to MCX.
1.First trade in book(write IN paper)
2.Follow Pivot points.
3.Sell or buy but the entry point to good.
4.Never take more than one position in one commodity.
5.Objective is very importent.
6.E(emotion) F(Fear) G(greed) H(hope) not allowed in commodity trading.