Trading Diary for metals and energy

umeshmandal

Well-Known Member
#11
I went long in Copper today at 359.75, it did a high of 359.95 ! The exited this long in 50 paise loss and reversed to short at 359.25 ! Has done a low of 358.20. I have kept a trailing SL of 358.85 !
 

umeshmandal

Well-Known Member
#13
I went long in Copper today at 359.75, it did a high of 359.95 ! The exited this long in 50 paise loss and reversed to short at 359.25 ! Has done a low of 358.20. I have kept a trailing SL of 358.85 !
In my other trade Crude moving adversely hence exited the Copper trade at 358.45 !
Recovered 50 paise and approx. 20 paise profit.
 

umeshmandal

Well-Known Member
#15
Copper mini shorted at 359.35 ~9:45 , did a low of 358.75, reversed to long at 359.55 giving a loss of 20p after giving an opp. of 60p ! Where should one keep his/her first target or move SL to cost after what move?

The long however did well went upto >362.85 , an opportunity of ~ more than Rs.3/- but I exited after covering my morning loss plus 60p , i.e. at a profit of 80p !
Need guidance about booking profit if I trade 2 lots or multiple there of.
 

umeshmandal

Well-Known Member
#17
Paper trades already done in Copper for 22 Sep. 2015 till 19:35 hours:
15 min. chart
Long above 10:45 , gave opportunity of Re.1/-
Short below 12 noon low , gave opportunity of >Rs.10/- Not sure how easy or difficult it would be to collect Rs.10/- in copper intraday!!!???? Seems herculean task to me.
Trailing SL for the Sell below 350 now comes at >above 341 !
 

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