Hello Members,
I request the learned members of this forum to answer the following questions about trading in commodities. I am a newbie and trying to learn as much as possible.
1. Incase of a "buying" a commodity such as "Copper" the lot size is specified as "1MT [1 Metric Ton]". And the price it is traded for is "1KG[1 Kilo Gram]". Say the price of 1KG copper is Rs. 190. Does this mean, one should have 190 *1000 in his account to buy 1MT, the minimum lot size, without using margins?
2. How are you senior members trading, using the "Margin" for such commodities. Can you please give an example in case of profit and loss?
3. I have TradeTiger account, can we shortsell commodities with this software?
Regards,
-Sri
I request the learned members of this forum to answer the following questions about trading in commodities. I am a newbie and trying to learn as much as possible.
1. Incase of a "buying" a commodity such as "Copper" the lot size is specified as "1MT [1 Metric Ton]". And the price it is traded for is "1KG[1 Kilo Gram]". Say the price of 1KG copper is Rs. 190. Does this mean, one should have 190 *1000 in his account to buy 1MT, the minimum lot size, without using margins?
2. How are you senior members trading, using the "Margin" for such commodities. Can you please give an example in case of profit and loss?
3. I have TradeTiger account, can we shortsell commodities with this software?
Regards,
-Sri