Mcx Gold and silver trading is dangerous.

Shailu

Active Member
#1
Hello friends now a days heavy volatility in gold and silver in single day 1000 point ups and down in gold and 2000 points in silver.
Both side stoploss will be execute. No safety will work.
 

Rish

Well-Known Member
#2
Hello friends now a days heavy volatility in gold and silver in single day 1000 point ups and down in gold and 2000 points in silver.
Both side stoploss will be execute. No safety will work.
Because, weekly price action range is very much wide..

1069 / 1118.40 / 1156 / 1209.80 / 1238.82 and 1263.85

so move is almost 800 point...
 

TraderRavi

MM is the holy grail
#7
May be use small time frames if its moving 800 pts in a day. I think its normal in commodities to do that much.

Don't forget the Sep of 2011. Silver fell down from 70000 to 35000 in a single day.
50% in a single day ?
what about lower circuit limits.
 

vagar11

Well-Known Member
#9
50% in a single day ?
what about lower circuit limits.
Looks like I exaggerated. But, that was a very big fall.

Yes, there was lower circuit on that day for some time.

But, applying lower circuit on commodities like silver and gold doesn't matter as they are getting traded in international market. when the circuit was removed, prices opened a lot lower.
 

333

Active Member
#10
According to my analysis SILVER is 100% manipulation/Cheating kuch v kaho,Only tradable is Crude rest all are useless for trading!!! Only hope is SEBI,let see how save innocent traders from such scam!!!
 

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