FX - Trading the Daily's

[timepass]

Although 1 oz = 28.3495 gram for all conversions, in case of Gold and Silver, 1 oz means 1 Troy Ounce, not the common Ounce,

1 troy ounce = 31.1034768 grams

Thus, Troy Ounce is heavier than common ounce by about 9.71%.

Although the definition does not make any difference to trading, this explanation is given for those who want to convert the international price(per Ounce) of gold or silver to our common unit in India, the Tola (10g) or the metric unit gram.

-Anant

I think that earlier a tola used to be about 12 grams. Found a wikipedia entry about "Tola", very interesting history. I didn't know that it was in use since the Vedic times !!

 

[SavantGarde]

I think that earlier a tola used to be about 12 grams. Found a wikipedia entry about "Tola", very interesting history. I didn't know that it was in use since the Vedic times !!

Yes..TP, it is perhaps a little over 15 years or so when Tola was still 12gms...


SG

 

[SavantGarde]

UPDATE 24-03-2012

SG

 

[ayush2020]

UPDATE 24-03-2012

SG

SG sir how come this 1 sheet is in loss ??? i think first time have seen...:thumb:

 

[timepass]

SG sir how come this 1 sheet is in loss ??? i think first time have seen...:thumb:

Isn't it showing a profit of 16304 ??

 

[ayush2020]

Isn't it showing a profit of 16304 ??

yes ... it is there too.. woh to har din aata rehta hai ... :lol:

 

[SavantGarde]

Hi Ayush,

The Image immediately below the chart is of the Open Trades that are not closed yet, while the image below the open trades is that of Account History where the Trades have been closed already......Look carefully.....

SG

SG sir how come this 1 sheet is in loss ??? i think first time have seen...:thumb: