Multi Commodity Exchange of India Ltd (MCX) is a self-governing commodity exchange based in India. It was establish in 2003 and is based in Mumbai. It is India’s biggest commodity futures exchange where the permission and settlements of the exchange happens and the turnover of the exchange for district ended September 2017 was 26.08 trillion rupees. MCX offers futures trading in bullion, base metals and energy. MCX provide the price transparency to the Indian or Traders who are related for that commodity.
Very Useful Points for MCX Trading:
Top 10 Rules of Recover Losses in MCX Market:
- Always choose the Best Mcx Advisory Company.
- After joining their service, don’t trust blindly on them.
- Don’t think, you can get well previous losses within a month.
- Forever plan to get well losses in a year in place of subscription time month.
- Start taking only small risk, In Starting plan to trade only small lots size.
- At all times and take only small risk at the time.
- If you are Advisor Company said you via SMS and phone that” Trading in 5 lots or more than, for all time avoid it.
- Not at all trade with profit sharing advisory company always.
- Keep in mind always nobody over the world have 100% accuracy in every day basis.
- For all time to intraday trading and follows the provide stop loss.
- Don’t take worry if you face loss sometimes.
- Personally observe the market trend of commodities is so much hard not possible for the individuals to trade on that basis.
How capital Gain in MCX Market:
- Open a Demits account with the top reputed broker (Like R k Global, Share khan, Anagram, Religion money.
- Deposit sufficient amount of margin capital.
- Never take loan for MCX commodity intraday trading choose the top advisory company.
- Always try to trade only in intraday basis.
- Use lots size according to the margin capital you have current in your account.
- Use a little limit from broker for trading.
- Never take a large or 10 times limit from your broker, it will give income at 2 – 4 times only but maximum times you will losses or bigger losses.
- Avoid averaging the traders when the markets are not range bound.
- Don’t hedge your loss future position. This is because after that you will confuse which position you will exit. At first because when you hedge your losses position to the next comfort you are looked the position in no more income.
- If you are prepared to book the income, then sometimes ready to book the loss because this market is not moving in one side. So keep booking loss and income timely. Lots of traders book the small income and when the market volatile they are not prepared to book loss. They will focus heavy losses.
- Don’t trust anybody blindly and trade on that basis.
- Don’t increase the lots size with increasing or decreasing the income and loss.
- Don’t hedge any position between the futures.
- Don’t over trade on the rumors.
- Keep manages your wealth and divided them for this investment.
- Don’t trust on any company about MCX Tips Free Trial 1 Days.
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