MCX Survival CHALLENGE - 2019

[timepass]

crude mini = 350
copper min = 400
silvermic = 280
nickel mini = 750

I don't trade commodities, but this sounds like a lot. How much is it in points ?

 

[chota hulk]

I don't trade commodities, but this sounds like a lot. How much is it in points ?

these are rupees, let me explain

crudemini = 350rs => 1lot = 10pt ( means if crude move 10point = you get 100rs)
coppermini = 400rs => 1lot = 250pt ( means copper move 1rs = you get 250rs)
nickelmini = 750rs => 1lot = 10pt ( same as crude mini , 10pt move = 100rs)
silvermic = 280rs => 1lot = 1rs ( means silvermic move 100pt = you get 100rs)

 

[timepass]

these are rupees, let me explain

crudemini = 350rs => 1lot = 10pt ( means if crude move 10point = you get 100rs)
coppermini = 400rs => 1lot = 250pt ( means copper move 1rs = you get 250rs)
nickelmini = 750rs => 1lot = 10pt ( same as crude mini , 10pt move = 100rs)
silvermic = 280rs => 1lot = 1rs ( means silvermic move 100pt = you get 100rs)

Strange costing. Both Fyers and Zerodha brokerage calculators show breakeven less than 2 points for CRUDEOILM

 

[chota hulk]

Strange costing. Both Fyers and Zerodha brokerage calculators show breakeven less than 2 points for CRUDEOILM

View attachment 33910

highly volatile commodity within 5min sometime move 50pt and these days total range bound , maximum traded commodity around world also

 

[kumudhan]

Hello chota hulk ji..your trading recorder exel seems good...pl give a copy of it if its ok...

 

[TraderRavi]

Strange costing. Both Fyers and Zerodha brokerage calculators show breakeven less than 2 points for CRUDEOILM

he misunderstood your post. he is telling you his losses not charges. first day loss is 1052 and charges are 295 including 196 brokerage.
1052+295 = 1347

 

[chota hulk]

Day 2: Small profit , i hope new week some more and better profit this time

 

[chota hulk]

he misunderstood your post. he is telling you his losses not charges. first day loss is 1052 and charges are 295 including 196 brokerage.
1052+295 = 1347

i add all charges brokerage and taxes ... mention in sheet clear and trading record opening balance check u get everything

 

[chota hulk]

Day 3: Loss and game over

my bad luck cant survive again

 

[timepass]

Day 3: Loss and game over

my bad luck cant survive again

Cool. Now you can sit back and talk about the strategy followed.

Maybe for the next challenge you can do paper trading with 2000 and mark your trades on the charts too.