Popular Posts
How To Become A Stock Trader - 6 Stages Of Development As A Share Market Trader, Trading For A Living – A Practical idea?,How to use the market calls table, Simple Money Management Rules For Online Stock Trading, Buy Only and Sell Only Watch List, How do I calculate Stop and Reverse (SAR) Level ?, How to avoid whipsaws in trading, Inspirational Quotes - For Good And Bad Times, Elliott wave pattern - Impulse (IM), Internal structure, Rules and Guidelines, Diagonal [Leading (LD) and Ending (ED)],Zigzag (ZZ), Double Zigzag (DZ), Triple Zigzag (TZ), Flat (FL), Double Sideways (D3), Triple Sideways (T3), Triangle [Contracting (CT) and Expanding (ET)], Download - Elliott Wave Calculator,Free online Black Scholes option value and option greeks calculator,Free Download - Position Sizing Calculator For Stocks, Commodity And Forex Trading Using Microsoft Excel, Stock screener based on comparative relative strength indicator method, How to filter stock's information, to get the data for your portfolio scrips, Calculating Compound Annual Growth Rate (CAGR) for investment, Stock Scan setup using Narrow Range Seven (NR7) Strategy, Average True Range (ATR) Indicator Calculator Excel Sheet, Pivot Point, Support and Resistance Calculator for Intraday Trading, Relative Strength Index (RSI), Fibonacci Extension, Fibonacci Retracement, Compounding Calculator, Simple and Exponential moving average in Excel, DJIA Today [FREE DOW FUTURES LIVE CHART] Price Rate
Dear Anuj,
ReplyDeleteI am not trading on commodities but would like to start slowly soon in commodity GOLD..
Can you give your levels in INR terms..
Thanks,
Ramesh.
hi ramsfm
ReplyDeletewell problem is with data ...i can get the dollar rates from quote.com but intraday INR rate i dont get.if you can tell where i can get intraday INR rates i can help.
But why do you want to trade in gold
Indian equity market offer better oppurtunity than gold (thats what i feel)....more volatile and tending ) for example check the returns of bank nifty with that of crude/gold.
or HDIL with crude/gold..better trending markets offer good profit opportunity
But do tell me your reasons(reason can beyond profits as well) like convenience etc
Its nice to have guidence from you because the way you are looking in all the angles..
ReplyDeletereason behind commodity trading is just simply trading hours..I am a working professional euity trading in office hours is good always..
Would like to take some positional stock futures with hedge and then just wanted to try commodity trading in the evening after office hours at home..
I don't know live quotes but i used to track in money control with INR rates from the below link..
http://www.moneycontrol.com/commodity/
Thanks,
Ramesh.
Sorry typo errors in the above post..
ReplyDeleteIts nice to have guidence from you because the way you are looking in all the angles..
reason behind commodity trading is just simply of trading hours..I am a working professional euity trading in office hours is not good and not convienent some times..
Would like to take some positional stock futures with hedge along with positions in cash segment and then just wanted to try commodity trading in the evening after office hours at home..
I don't know live quotes but i used to track in money control with INR rates from the below link..
http://www.moneycontrol.com/commodity/
hi...no problem with typos ...i makes them every where in blog post and comments....
ReplyDeleteyes trading from office is bad habit:)
thats why prefer this Swing trading...if you check nifty is on down trend for almost all this week...same with gold,crude oil....you just have to place SAR....and don't watch the screen and do your office work if SAR is hit you enter opposite position
using money management with the table can be great
eg enter half position at sar and next half at low risk entry ...that way i fell results will be better and save you from whipsaws in trendless markets...more on this later ...need to go
See you