Opened a commodities account and very nearly made a winning (newbie) trade but due to no funds in the account the trade was rejected. Would have gained 6 points.
Anyways, will start trading in commodities in a month or two. Most probably from June.
The primary reason for heading towards commodities is that the markets are open till 11:30 IST which means a longer trading window hence no need to rush for taking trades.
Second reason is to have a different avenue than the cash/future market.
Have not been trading in the last 3 days as my target for the month was met. Seeing the setup at 3pm IST today, placed a limit order @ 18290 but was not filled even after price touching 18290 twice. This was supposed to be a quick hit-and-run trade. BNF closed at 18347 :-)
Anyways, no more trade this week as tomorrow is expiry and Friday is a trading holiday due to May Day.
Target for May is 300 points.
Luck is with me till it deserts me.
Anyways, will start trading in commodities in a month or two. Most probably from June.
The primary reason for heading towards commodities is that the markets are open till 11:30 IST which means a longer trading window hence no need to rush for taking trades.
Second reason is to have a different avenue than the cash/future market.
Have not been trading in the last 3 days as my target for the month was met. Seeing the setup at 3pm IST today, placed a limit order @ 18290 but was not filled even after price touching 18290 twice. This was supposed to be a quick hit-and-run trade. BNF closed at 18347 :-)
Anyways, no more trade this week as tomorrow is expiry and Friday is a trading holiday due to May Day.
Target for May is 300 points.
Luck is with me till it deserts me.
No comments:
Post a Comment