Vimal Raj at Here i want to share how to earn from crude oil trading in MCX Here i will give you the baby steps for success in crude oil trading This is purely for newbies Crude oil is my friend Crude oil is not a commodity Crude oil is a human for me. I strategies know the every movement of my friend Crude Oil Watch here Download pdf Experience 1 to Experience 28 http: Black line indicate only trailing stop loss for trades but not a trailing stop loss mechanism. Trade should not me initiated belated to the signal. Dont wait for the next signal to exit the trade. First, it should be noted we do not want to see these price targets as absolutes. They are really guides to give us highly probable approximations as to where the market is likely headed during a particular wave or move. These methods take practice to learn how to use, so take your time mcx them, but never look at this as an absolute target. In reality, there are 4 basic price measurement methods according to the theory, however the 4th is generally regarded as a low probability event and takes a considerable amount of skill to spot and use. So for our purposes, we will only use the basic three which are the most common and critical to learn. The formulas for them are listed above, but I will show you a diagram to better understand them which is below. Pratap Patel at Experience 28 Attitude and self confidence for Accepting the loss and own mistake Sometimes, it happens in the trading for the winners also. If we see the profit in our trading account, we are the first person to be over confident in our trading strategies. But if we are starting to make the losses in trading, how we face this situation is to be given great importance. Existing in the market is the first priority Making the profit is the second priority We should not lose our entire capital. That is enough to recover all the losses and become millioniare one day. So, We should always exist in the market. At that time, i remember this story and get boosted again to trade in the market you can also read and boost yourself A Businessman was deep mcx debt and could not see any way out. Creditors and Suppliers were demanding payments. He sat in the park, deep in thought, wondering if anything could save his company from bankruptcy. Suddenly an old man appeared before him and asked, "I can see that something is troubling you seriously". After listening patiently the old man said, "I believe I can help you". He asked the man his name, wrote out a cheque and put it into his hands saying, "Take this money, meet me here exactly one year from today Then he turned and disappeared as quickly as he had come. But instead, the man decided to put the uncashed cheque in his safe, knowing that it might give him the strength to work out to save his business and to use this only in case of dire emergency. With changed thinking he negotiated better deals,restructured his business and worked rigorously with full zeal and enthusiasm and got several big deals. Within few months, he was out of debt and started making money once again. Exactly one year later he returned to the park with the uncashed cheque. As agreed, the old man appeared. But just as the businessman was about to hand him back the cheque and share his success story, a nurse came running up and grabbed the old man. The surprised man just stood there, stunned! All year long he had been dealing thinking that he had half a million dollars behind him Its not the money, real or imagined that turns our life around. Experience 27 Pros and cons of 5 minutes and 30 minutes. Support and Resistance is found mcx every small breakout points. Stop Loss is minimised at every small breakout reversal. Target is maximised at the trending market 4. It is not working in sideways market. It gives more wrong signals when there is narrow range mcx 6. Number of trades per month is very high 7. Brokerages and other slippages are very high if compared to higher time frame 8. Watching the market at every five minutes is important which is very inconvenience to all 9. Profit mcx is very low if compared to higher time frames Algo Trading setup is required to act on the signals timely. Support and Resistance is found on the major trend reversal points only 2. Number of Trades are very low per month 3. Wrong signals are very low per month 4. Profit Ratio is very high if we follow higher time frames 5. Very Peaceful trading can be done if we follow higher time frames 6. No Way for emotions and fear 7. It works good in sideways market and avoids wrong signal 8. Brokerages and other slippages are very low 9. Stop loss and target is very high which is not suitable for small traders Higher time frame is the best performer for crude oil positional trading After analysing and using the real money, and losing some money in the lower time frames, i got this decision to follow the higher time frames. SoAccording to my experience. Higher Time Frame is always good for earning decent income every month. But Money management, Risk Management, and Patience is must to earn decent money from higher time frames. Experience 26 When are you going to make a fresh profit? How many days will it take to recover your old losses? This question belongs to 99 percent of the traders. Because 99 percent of the traders are making losses in commodity market. In the current market scenario, Number of traders are very high. But there are three types of traders. I am trading in the market to make fresh profit every day Type 2: I am trading in the market to recover my old losses. Currently it is recovered slowly as i am trading with proven strategy and discipline Type 3: Strategies, Still i dont know trading to make the profits and what wrongs with me. I am not able to recover my losses. So i lose again and again. In the beginning stage, To learn the market, We should cross the type 3. If you get proven strategy and follow with discipline, You will be shifted to type 2. If you pass in the type 2 pdf with hard work, Your dream will come into real as Type 1 Every one wants to be type 1. They only know about their position. I proudly say that i am a type 1 trader. Experience 25 Positional Trading is the Express Train. Intraday Trading is the passenger train. Which trading do you prefer? Trading is a wonderful Journey. All people are willing to participate in this journey. There are two types of people in this journey. They are always liking to travel in the Express train. Positional Trading Advantages of the Passenger Train Intraday Trading 1. Very Low Ticket Fare Very Low Capital is enough 2. All people can catch the train at their place Anytime, you can enter in the market and exit from market when you reach your destination target or stop loss Disadvantages of the Passenger Train Intraday Trading 1. If the express train is coming on the track, This passenger train will be stopped in strategies station for giving the way to express train. If the positional trend is bullish or intraday trend is bearish, intraday traders will sell and positional traders will buy. So Intraday traders always give their money to positional traders 2. Ticket fare is low but extra expenses are high. As passenger train is stopped in all the small stations, we will do more expenses in the small station to eat, drink, etc. Pdf and Other Slippages are high pdf to trading trading profit in intraday trading. Train will be stopped in the important stations only. We can catch the train in the important stations only In Positional Trading, Whenever we see the major trend reversal point, at that time, we should enter the market or exit from market. All the prices is the correct price to enter or exit 2. Number of Stations are very less to reach the destination Number of trading per month is very less to achieve our target 3. No over Expenses in the station As number of trading is very less, brokerages and other slippages are very low 4. Peaceful Journey Positional trading never gives the way for emotions, greed, fear, etc. This is purely a peaceful trading system to trade only trend to trend only Disadvantages of the Express Train Positional Trading 1. High Ticket Fare High capital required to do positional trading 2. Common People cannot prefer this As positional trading requires high capital, The common people with low capital cannot trading positional trading 3. Preparation is required to book the ticket. Before catching the express train, we should reserve the ticket, and get the allotment, after confirmation, we can travel in the express train In Positional trading, Backtesting of the strategy, Paper Trading is required to become a full time trader. After getting profit constantly from your strategy, you can do positional trading I am purely a positional Pdf Just for making the trading business as your interest, i have given with real journey examples Experience 24 "MCX Market is the "COPY PASTE MARKET" - So Profit Making is very easy Just think one minute, Determination of the Price in MCX Crude 1. Is Indian Traders having such capacity to fix the strategies of the commodity market? Is there any market movers in India having capacity of buying and selling the tons of lots? Is there any possibility to create the special community for operating the market like america? The Answer for all the question is "NO NO NO" Indian Traders have nothing in their hand. Yes, We are totally a copy paste market. We are copying the Nymex Crude and INR in International Market and We are pasting in the Indian Market. So, Technical Analysis based on the MCX Crude is no use. Technical Analysis and Fundamental Analysis based on the international market chart will only give the profit to indian traders. As Technology is improving, Our Indian Market Makers strategies using the automated trading system attached with international market like MT4, to Place they buy or sell orders in the MCX, and Moves the Prices in the MCX. In this post, i did not explain the full concept clearly. I will ask you a simple question. Think it and reply it. This question is to the my followers. Data is released as positive. MCX Crude price is at 8: Just one second difference. Who bought this 60 Points? Who sold this 60 Points? Normal Traders cannot think within one second. But Our Indian Market makers moved the prices 60 points higher within a second. How do they know? Experience 23 Dont Allow anyone to interfere in your trading decisions and Avoid such persons. This is your Business. Mind it This is very difficult situation in the market. When you enter the market, Decide your entry point and exit. Dont Change after entering the market. But Comments are varying from every traders. So you sell the crude oil today. But Strategies Best Friend Says Crude will go up. What will you do? Which is given the first priority? Trading is a business for pdf. This is my mcx. I am always not allowing my Friends, Relatives, Brokers to comment about my trading decision. If they give any comments about my decision, I will simply say " Wait and Watch". Because i am always correct with my entry and exit point before entering every trade. Dont pdf your exit point after entering the market. If you take a buy position, someone will say, market will go up. If you take a sell position, someone will say, market will go up. Avoid both the persons. Dont allow anyone to interfere in your trading business. If you are not confident in your trading decision, You may strategies your suggestion from seniors. But dont ask with more persons. Everyone will say different answers. Always follow only one system if you have a good strategy. Always follow only one person if you dont have any strategy and have confident and satisfactory in his decision. I know whether it will go up or down. I know what to do if it goes up. I know what to if it goes down. This is not a gambling. So you should be very confident in your trading decision and exit point. Please dont allow anyone to interfere in your trading decisions. If you think mcx about your trading, You can become a expert in your business very soon This Post is for making self-discipline with your own analysis and to know and be sincere in your business We are not allowing others to interfere in the other business Is trading a exception to this? This is also a super business So Dont allow anyone to interfere Experience 22 "Triggering the stop loss order of the Intraday traders is the Main Goal of the Market makers" I dont know, how many traders are feeling like this. But Every newbie will feel this. Sir, I have some doubt on the exchange and my brokers. They disclose about my order. Crude is trading at day high. Day high is So i think that, it will not touch So i sell the crude at current price by placing stop loss at with target of 20 points. Newbies feel that it will not touch trading But market makers feel that there will be more stop loss order of the sellers at So again they move the market to and triggers the seller's stop loss and again crude comes down. Most of the times, It happens for every trader. Stop loss should not be to the particular amount. Near every round numbers, there will be more stop loss orders. So think before deciding your stop loss level. But I feel strategies losstarget Can anyone understand how i fix my stop loss and target? If anyone has the doubt, ask me i will clarify in this thread. Experience 21 "Practice makes a man perfect- Indian Commodity Brokers are the main reason for the loss of pdf Indian Traders" This is the important one for all the traders. Our Indian Traders have lost their real money in trading. Do you trading why? Bur Foreign Traders have not lost their real money while comparing with Indian Traders. Usually, In Foreign Exchanges, Traders are given the chance for trading in demo account with demo money. They learn all the things like using exposure, money management, applying various techniques, and they learn various lessons through demo software trading But There is no demo account in MCX for our Indian Traders. We still do Paper Trading only for our practice. But Paper Trading is not comfortable for Indian Traders. They should trade with demo software. But our Indian Brokers are not giving any demo software for practice. So our Indian Traders lose their trading money in real trading without any prior experience Anyway, No Problem. I will tell you how to make profit in crude oil trading. Manytimes, i told thatMCX Crude oil is totally dependant on Nymex Crude and USDINR. You can Practice both the product in foreign exchange with demo software. I first gained my money in foreign exchange in the demo account. After constant profit with demo account, i started real trading in MCX. All newbies should follow this step. Better one is gcitrading dot com and download metatrader platform. Then, Why cannot make a profit in MCX? Think Well, Do Demo trading for better practice. Dont lose your hard-earned money. Dont lose your life. This is my one of the best experience in my trading life. Experience 20 "Averaging a Losing position is like catching a falling knife" Yes. Anyone cannot find the top of the day or bottom of the day. When the market breaks low, newbies think that this trading will be the day's low. So he decides to go long. But, market still makes new low again. So he averages his position by thinking this new low is the day's low. But Whole day market trades with downtrend. This is totally opposite to the disciplined trading. Averaging is a good concept. I will tell you example. I got a sell signal atand my stop loss is Soi sold one lot at This is a good opportunity for me to sell again. But My Exit point for the two lots is only if there is contra trend. If you follow the above method, there is no problem with averaging concept. Without knowing the trend and exit point, dont average your position Crude is coming down from to within two months. Think now, how can you trading positionally? The messages and ideas posted on this website are user's own views. Data delayed 15 to 20 minutes unless otherwise indicated. Home Stock Scanner Double Bottom Double Top Stocks at Year Low Stocks at Year High Oversold Stock with Improving RSI Overbought Stock with Falling RSI Bullish Moving Average Cross Over Bearish Moving Average Cross Over Stocks with Triple Top Stock with Triple Bottom Strong Volume Gainers Strong Volume Losers. View Profile Vinoth's Crudeoil trading Experience [Vimalraj] From: You might have heard this many times before. If you control your decisions strategies these 4 major reasons, I believe, you will be walking on the right path to success in trading. Many years ago, I myself, was a victim of these errors. Through self mcx I had the chance to rectify them. I just want to highlight them here so that others too get benefitted. The 4 Fatal Errors that make you lose Money in Trading 1 Over Trading: If you have made a loss in the previous trade, never mind to take it back immediately. Fine, whatever lost is lost! Don't trading to grab them back. Because market won't work that, actually. You need to plan the recovery more patiently than making profits. You trade on information mcx unknown source. May be he is your Broker, Advisory firm, any other freely available chart based trading system. You should use them as a aid but not as a source. Try to understand them, Exposure create better opportunities to make additional profits. But they should be utilized only when you are sure about the probabilities. Or else, believe me, it is not meant for you. If you don't follow this, you will never learn to control your Emotions. Firstly planning covers all the above. Learn to organize your trades. What to do when things go against or in favour of you. Create a list of procedures to follow SAMPLE 1 Check List to confirm that your decision is right. Based on what info the decision is made? Is this a emotional Trade? Am I over trading? How much Qty to trade? Whether to Accumulate it for compounding or Take it out. Nothing more… I always regret for those who lose money, but that's what trading is about. A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen 2. A bearish signal occurs when the Tenkan Sen crosses from above to below the Kijun Sen B. A bullish signal occurs when the price crosses from below to above the Kijun Sen 2. A bearish signal occurs when the price crosses from above to below the Kijun Sen C. A bullish signal occurs when the price goes upwards through the top of the Kumo. A bearish signal occurs when the price goes downwards through the bottom of the Kumo. A bullish signal occurs when the Senkou Span A crosses from below to above the Senkou Span B 2. A bearish signal occurs when the Senkou Span A crosses from above to below the Senkou Span B E. A bullish signal occurs when the Chikou Span rises from below to above the price 2. A bearish signal occurs when the Pdf Span falls from above to below the price. Login to participate in discussion. Vinoth's Crudeoil trading Experience [Vimalraj]. In Reply to above Message 1 to 20 out of 39 - Latest Replies are put pdf Top.
Day Trading MCX / Commodity Market Starting 30 Minute Strategy.
Day Trading MCX / Commodity Market Starting 30 Minute Strategy.
Hagrid mentions their feud has been hurting Hermione more than they think, and that she is only concerned about protecting Harry from Sirius Black.
The search warrant affidavit written by FBI Inspector Terry D.