What is the strategy of mcx intraday trading?

Discussion in 'Stock Picks Of Wizards' started by neerupama, Sep 26, 2018.

  1. neerupama

    neerupama New Member

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    Can anybody suggest some MCX Intraday trading strategies as I want to start the intraday trading?
     
  2. Newbie

    Newbie Member

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    And now some other Troll will reply, almost certainly about some paid advisory service. :)
     
  3. neerupama

    neerupama New Member

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    Thank you for the reply.
     
  4. Saksham k

    Saksham k New Member

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    Hi nir
    hi,
    Regarding your query on commodity trading ... i have a youtube chanbel which you can follow to learn pure price action trading
    I am a price action trader and i teach price action trading

    Here is the link
     
  5. Gaithonde

    Gaithonde Member

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    It is basically gambling.. So you buy in the hope that the asset goes up by a few bps in a few minutes/hours. Use a 4x-10x leverage so your returns are higher on a small gain. Use a stop loss so that you can come back the next day and gamble.
     
  6. Gaithonde

    Gaithonde Member

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    What is your long term cagr? I doubt you have made any money in trading. I would suggest that you encourage long term compoudning and learn to build true wealth. I would say that it is wrong to encourage beginners to take up trading. However I admire your effort. It takes a lot to work extremely hard and make sub par returns. I bet if you buy and hold ITC for 2-3 years you will make more money than trading everyday for 3 years. dont waste time, do trading for fun, invest to build wealth.
     
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