Important lesson for everyone who trades Crude

#22
Hey all,

i have a query regarding crude trading, if anyone can please help me...

1. At what time (IST) does US starts trading
2. Whats the minimum size of MCX/NCDEX contract.
3. Last but not the least, what happened on a trading day, I punched in a order day 5000 , and it got filled and then I punched in a SL of 20 points
then what happended after 20 mins my SL got triggered at the low of the day and the drop was only for few seconds and then there was a monster rise :mad::mad::mad: :(

I s there any way to avoid this situation,,,
 
#24
Thanks buddy,

Just wanna make sure, for crude the min lot size is 100 barrels right?

Also experts please when you find some time from minting money :) please reply
Thanks in advance...
 

TraderRavi

low risk profile
#25
Beware of sudden gaps when the US market opens. See the gap today at exactly 6 PM India Time. All technicals were pointing down, but then look at the sudden gap up.

The image below is from Netdania.

angubhai that was monster rise..........:eek::eek: