When you will start mcx commodity trading you have to set your trading strategy, and swiched to a live mcx commodity trading account, you should move on to the next step or step or step.
successful MCX commodity trader
- Keep trade with stop-loss. Otherwise failure is almost certain.
- You have to develop your trading plan as per your margin.
- Don’t risk more then 10% of your margin per single trade.
- Do not involve your emotions in trading.
- Only trade when you are sure and right movement.
- Always try to book your profit in intraday.
- Trading is business don’t believe in luck and gambling.
- Never blame your trading system.
- Don’t fear making next trade.
- Study fundamental news and market demand supply.
- Do not change your technical view again and again
- Don’t do average in your tradein.