Dear All, Basic Rules to Earn Profit in MCX - (1) SL:1st Target - TopicsExpress



          

Dear All, Basic Rules to Earn Profit in MCX - (1) SL:1st Target ratio should be minimum nearest to 1:2, 1st Target must be minimum near double of your Stop Loss !! (2) Always Trade in Same Volume on all calls, Dont change lots size on calls (3) Single lot traders always book full Profit on 1st Target or must Modify Stop Loss. Multi lot traders book 50% on 1st Target & rest hold with modified Stop Loss !! (4) Trade in all calls !!! (5) Accuracy of 80% is more than enough for profit but remember SL:1st Target near to minimum 1:2 (if Stop Loss in copper is Rs.2 than 1st must be near Rs.4) !! (6) Dont trade without Stop Loss !! (7) Either Grab knowledge or Take Advice from good advisory who knows market !!
Posted on: Wed, 19 Mar 2014 18:49:02 +0000

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