MCX Gold petal vs E-gold

:rofl::rofl::rofl::rofl::rofl:

Main bhi kahan samjhane mein apna Mathha Kharab kar rahaa hoon

Praveen ji
Issi vishay pe ek question.... agar investment karne ke liye humne 3rd month ke gold petal ka ek lot buy kiya(on a dip), phir usko expiry ke baad carry forward kar liya, dobara 3rd month contract. Agar aisa humne pichhle ek saal se kiya hota, in theory toh humko woh investment zaada bhai. aapka kya kehna hai?

From 10th Nov 2011 to today.
Spot Gold Petal has gone from 2876 to 3177= +301
31 Dec future from 2911 to 3192= +281
On a margin of Rs.125 approx, that is more than :clap:200%:clap: return even after paying brokerage. Now, what am I missing?

ur right about the rise of gold in this nov.
but u cant expect the same rise everytime rite.
u can face fall in future..

Bro best way is for trading gold is wait for a dip of 300+ Rs in a day in Gold M bcoz after that always or mostly buying start coming in BUT that wont happen always bcoz rate is already on top and is in consolidation for next move so never buy all at once I mean if you want 100 petals buy 20 or 25 at one go and buy balance on every fall of 30 for short term players and 50 for long term players so chances of almost negeted in that way .

after that trade with exiting at BE and holding the base with that your cost would go at low and let profit run. in all falling day sell your petals and when next comes at same level buy that would give u a safety cushion bcoz current fall more in falling days and next rise fast on rising day Jai Ram Ji KI:thumb::thumb::thumb:

That was not just for this Nov. It was 1 year, from last Nov till this one.

I personally like petals on future bcz it is very convenient.... of course this is not an investment but can be treated as investment... top most advantage of futures that you can go for a short also but you cant do it in e-gold/etf.....

National Spot Exchange Ltd (NSEL) offers spot trading in gold. Named ‘e-gold', this product's can be purchased and sold on-line after opening a trading account. The commodity is held in demat form by NSDL or CDSL. The contract can be purchased in multiples of one gram and the settlement cycle is T+2.