MCX Certified Commodity Professional

Trading Dairy of Smart Trader.. How to make smart trade on Crude Oil? on Live Market on 22.01.14

(Crude Oil Mcx Feb:Buy at cmp 5945 and on dips up to 5935 tgt 5995 sl below 5905 1/22/2014 : 10:34:02 AM)

Crudeoil Feb MCX: Res: 6021/6048 1/22/2014 : 10:00:10 PM

Trading Dairy of Smart Trader.. How to make smart trade on Crude Oil?

What is reality that even when you do make money in the commodity markets it is a challenge to keep it. A select few do keep it and even compound their money. These are commodity trading Analysts who have a plan and follow it with absolute discipline.

Too many believe that they can watch Business TV Channels and be told where the markets will go. Looking for tips is the surest way to lose money! Once a trader realizes that no one knows the future they start to mature as a commodity trader.

Discipline, patience,humility,prudence,perseverance, good judgement, courage and self reliance are the traits that distinguish success. These are not easy traits to have. It is very easy to get disgusted and give up. You have to want it. You have to want to succeed and know you will be doing this for the next 30 to 50 years of your life. This is what it takes. There is NOTHING easy in commodity trading. Experience and time he build these qualitiess

We have learned all along the way what it takes to be successful. It is hard work. This hard work must be done day in ..day out..and many days..months..or even longer periods of time we do not make money. Then all of a sudden we stumble into some major move in something and make up and profit largely.