beginners request

HAI ,my dear fellow traders. Im a beginner and new to online trading.I want to trade in MCX commodities .I have odin diet software.may i have your valuable suggestions before i start trading.

Re: beginners reqest

Yeah ! start with only 10% of your capital and only increase the stakes if you r able to make money on that.

And trade the way you want to trade, use your imagination...........

Re: beginners reqest


The risk profile increases as we go from commodities
to equities.

Commodities>Forex>Derivatives>Equities
And reward also increases in the fashion.

Since you are telling NEW to online trading better
first to get experience from Equities and Derivatives
rather than jumping into commodities at first.

Re: beginners reqest

dear friend,commodity is good better than equity.you now enter gold guni(8g).trade 3 months.and watch copper and gold mini/gold kg.dont over trade.best of luck

Re: beginners reqest

friends.iam a loser in trading.iam intrsted to know techniqs of day trading.please help me, how to know days support/resistance /(nifty and share)

Re: beginners reqest

Previous day HIGH(H)+LOW(L)+CLOSE/3=p
Resistance= 2p-L
Support=2p-H

Mere calculating Resistance/Supports may not help much in Day Trading.Yes,it is a good starting point.