Wants suggation from metals guru's

[precision]

Hi all experts,
I have sold MCX copper (29FEB08), 1 lot on 5 december at 264.00 Rs when market was falling ( I received call, if market breaked 264.00 then then next down to 261 and then 260). but now copper is above 274.0

Please suggest me what can i do for minimum loss.

Is copper will down ? or Up ?

I am new in Commodities, i am online clint of karvy , I have loss in 1.5 lakh.

Thanks

 

[amarnath]

Hi all experts,
I have sold MCX copper (29FEB08), 1 lot on 5 december at 264.00 Rs when market was falling ( I received call, if market breaked 264.00 then then next down to 261 and then 260). but now copper is above 274.0

Please suggest me what can i do for minimum loss.

Is copper will down ? or Up ?

I am new in Commodities, i am online clint of karvy , I have loss in 1.5 lakh.

Thanks

But why you dont ask your brokers expert team who really enjoy income from your so called comission

 

[precision]

Hi amarnath.
You r abs. right.
They cuts my bids every 0.5Rs and even 0.25Rs(25p), for their brokage.
i was new in this line at that time. i was teaching from him. within 3 day's i have lost 80,000.
But when i understands all matters, i was late.

Thanks