I have some questions regarding your useful strategy.
Bro this strategy is for us all For a kid From a Kid
1. regarding the conract month, should we always buy the longest period contract? ie. today i should buy nov contract ?
Whatever contract you think is ok you can buy bcoz buying current need exit before 20th and next means only eye on ADD and BE:thumb:
2. suppose I buy nov contract at 3000, should I average down if it goes down by 5%?
5%%%%%%%%%%%%%%%%%%%%%%%%%%
Bro i never posted its 5% its only 50 point for who want a safe and a return around 20-30% yearly and for people who want more then that avg is at 30 points:thumb:
3. should i always go for long trade or should try short also ?
It depends on your Hazma and risk taking capacity as my view is till 2015 Bears are not going to get good profit by shorting check the charts of spot upmove are so fast and swift that shorters run to cover at every rate whenever a spike comes Gold is near to break resistence to kiss all time high again at 1923$:clap::clap::clap: Jai Ram Ji KI
Thread continues at http://www.traderji.com/day-trading/72826-trading-pt-style-part-2-a.html
Bro this strategy is for us all For a kid From a Kid
1. regarding the conract month, should we always buy the longest period contract? ie. today i should buy nov contract ?
Whatever contract you think is ok you can buy bcoz buying current need exit before 20th and next means only eye on ADD and BE:thumb:
2. suppose I buy nov contract at 3000, should I average down if it goes down by 5%?
5%%%%%%%%%%%%%%%%%%%%%%%%%%
Bro i never posted its 5% its only 50 point for who want a safe and a return around 20-30% yearly and for people who want more then that avg is at 30 points:thumb:
3. should i always go for long trade or should try short also ?
It depends on your Hazma and risk taking capacity as my view is till 2015 Bears are not going to get good profit by shorting check the charts of spot upmove are so fast and swift that shorters run to cover at every rate whenever a spike comes Gold is near to break resistence to kiss all time high again at 1923$:clap::clap::clap: Jai Ram Ji KI
Thread continues at http://www.traderji.com/day-trading/72826-trading-pt-style-part-2-a.html