Paper Trade in Crude

zabeen2004

Well-Known Member
#21
Hi bro, Thanks.

IMO. Trading demo account is still paper trade,as demo acc also is devoid of emotional aspects. Also, i feel doing nymex trade is not the same as mcx crude. Not always alteast..!

I have real trade exposure in crude but, i was doing it without MM and lost heavily. I am doing the paper trade until i get my comfortable margin saved.

:)
Just posted my opinion because eventhough its demo account still you will get to know whether your strategy is making consistent profits or not. Yes I agree prices doesn't match only when INR value mismatch with $ that usually happens when high impact data releases from US. To be honest with you i wasted a lots of time in doing paper trade. Then I finally dumped nearly 20 forex demo accounts. Finally it gave a bit of confidence which is comparatively very high to paper trade. Anyways its upto you.. so All the best.
 

TraderPRO

Well-Known Member
#22
Just posted my opinion because eventhough its demo account still you will get to know whether your strategy is making consistent profits or not. Yes I agree prices doesn't match only when INR value mismatch with $ that usually happens when high impact data releases from US. To be honest with you i wasted a lots of time in doing paper trade. Then I finally dumped nearly 20 forex demo accounts. Finally it gave a bit of confidence which is comparatively very high to paper trade. Anyways its upto you.. so All the best.

Thanks bro. I have started right away.:thumb:

will work and finetune my system in the demo as well.
 

zabeen2004

Well-Known Member
#24
Please mention a couple of names for Demo accounts where one can Demo trade Crude in INR? Thanks.
You can trade crude, NG, gold n silver only $ for Demo. But you can trade few indian equities which will show a bit variation in the prices of Equities stocks such... GCI, YTFX etc are some of the brokers whom you can open demo accounts and test... I believe they are giving around 10K $ and you can dump as many as accounts until you are satisified. Let me know if any additional info required.
 

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