Live Trade Dairy by Live Signal and Live Trade on Crude Oil on 30.12.13 ..Part 4

Sold @ 6245
Bought @ 6162

Net Profit - Rs 7900/-

Live Trade Dairy by Live Signal and Live Trade on Copper on 30.12.13 ..Part 3

(Copper Mcx Feb : Sell at Present Levels(Cmp 468.4)Up to 469.10 TGT 465.20 Sl Above 470.50 Time : 4:44:53 PM)

Sold @ 468.5
Bought @466.5

Net Profit - Rs 1700/-

Book Profits Cmp 466.5((Copper Mcx Feb : Sell at Present Levels(Cmp 468.4)Up to 469.10 TGT 465.20 Sl Above 470.50 Time : 4:44:53 PM)) 12/30/2013 : 7:08:12 PM

Live Trade Dairy by Live Signal and Live Trade on Nickel on 30.12.13 ..Part 2

Nickel Mcx DEc: Sell at Present Levels(Cmp 880)up to 883TGT 866 SL Above 891 12/30/2013 : 3:01:46 PM

Sold @ 880.0
Bought 866.0

Net Profit - Rs 3300/-

Book Profits Cmp 872((Nickel Mcx DEc: Sell at Present Levels(Cmp 880)up to 883TGT 866 SL Above 891 Time : 3:01:46 PM)) 12/30/2013 : 5:33:13 PM

Live Trade Dairy by Live Signal and Live Trade on LeadMini on 30.12.13 ..Part 1

LeadM Mcx Dec: Buy at present levels(CMP 140.35) And on dips to 140.10, TGT 141.80, SL below 139.20 12/30/2013 : 1:02:50 PM

Bought @ 140.35

Sold @ 140.95

Net Profit - Rs 500/ + Net Profit - Rs 2900/- = Rs 3400/-

On Jan contract

Sold @ 141.90

Bought @ 138.90

Net Profit - Rs 2900/-

Commodity Trading as a Business

1.  It should be understood in the first place that trading in shares and commodities in     a serious full time business.It is not gambling as many view.One of the main reasons     for making loss is this attitude of thinking and treating trading as gambling.

2. Trading is an full time business .It requires FULL time and dedication.

3. Trading requires good capital.In today's inflation,even for starting a very small     business one requires a capital of not less than five lacs. This is the minimum,in my     opinion,one should have as capital before venturing into full time trading.If you do     not have the capital,be content with an investor and do not try to become a trader.

4.  Do not take exposure limit from brokerage house.It is the first suicidal step.

5.  Practice money management .Divide your capital into four equal parts and start with     one part at a time and increase gradually.

6.  Invest in basic infrastructure.You need a good computer with good internet     connectivity and power back up.A quiet room is a must.Anyone compromising on this     and planning to trade sitting before a broker terminal will never get anywhere. 

7.  Read all necessary books on trading.Visit various web sites to gain knowledge.Keep     updating your knowledge.Make it a habit to keep updated with national and global     events and developments.Avoid having television in your trading place.All news are     available online.Do not let the commentators in television disturb you.

8.  Know well what you are buying and selling and why and its valuation.Combine  fundamentals with    technicals.

9.  Be very clear about exit of a trade.It is more difficult than entering a trade.Never     be greedy.

10. Master the art of controlling emotions. Be it profit or loss,keep cool.

11. Trading is a lone mans business. Do not try for consensus on a decision or trade in      a group.

12.  Never never go for paid or free so called tips.You are sure to go bonkers if you do      the mistake of tasking tips or recommendations.

13. Be realistic about your expected return by trading. You cannot make unrealistic      returns.

14. Go for a brokerage house which is reliable and reasonable in brokerage.

15. Master the art of hedging rather than going for stoploss.

Live Contract Note on Dated 27.12.13

Live Trade Diary of 4 Weeks Trade Result - for 1 Lakh Margin (December Month) (High Risk Strategy)

Live Trade Diary of 4 Weeks (29.11.13 TO 27.12.13) Trade Details Result - for 1 Lakh Margin 
(December Month)

01. 29.11.13  - 1 Trades  - Total Net Profit  - Rs 3500/-

02. 30.11.13  - Break (SATURDAY)

03. 01.12.13  - Break (SUNDAY)

04. 02.12.13  - 5 Trades  - Total Net Profit  - Rs 8200/-

05. 03.12.13  - 2 Trades  - Total Net Profit  - Rs 6600/-

06. 04.12.13  - 1 Trades  - Total Net Profit  - Rs 2700/-

07. 05.12.13  - Break (TRADE BREAK)

08. 06.12.13  - 4 Trades  - Total Net Profit  - Rs 4600/-

09. 07.12.13  - Break (SATURDAY)

10. 08.12.13  - Break (SUNDAY)

TRADING DAYS - 5

Total Net Profit - Rs 25,600/-

For 1 Lakh 25% Returns Acheived..
For 1 Lakh Above 100% Returns  to be expect..

11. 09.12.13  - 2 Trades  - Total Net Profit  - Rs 2400/-

12. 10.12.13  - 2 Trades  - Total Net Profit  - Rs 5000/-

13. 11.12.13  - 3 Trades  - Total Net Profit  - Rs 6150/-

14. 12.12.13  - Break (TRADE BREAK)

15. 13.12.13  - 5 Trades  - Total Net Profit  - Rs 6100/-

16. 14.12.13  - Break (SATURDAY)

17. 15.12.13  - Break (SUNDAY)

TRADING DAYS - 4

Total Net Profit - Rs 19,650/-

For 1 Lakh 19% Returns Acheived..
For 1 Lakh Above 100% Returns  to be expect..

18. 16.12.13  - 3 Trades  - Total Net Profit  - Rs 6600/-

19. 17.12.13  - Break (TRADE BREAK)

20. 18.12.13  - 2 Trades  - Total Net Profit  - Rs 1400/-

21. 19.12.13  - 5 Trades  - Total Net Profit  - Rs 18,700/-

22. 20.12.13  - 2 Trades  - Total Net Profit  - Rs 2500/-

23. 21.12.13  - Break (SATURDAY)

24. 22.12.13  - Break (SUNDAY)

TRADING DAYS - 4

Total Net Profit - Rs 29,200/-

For 1 Lakh 29% Returns Acheived..
................................................................
1 st Week - 25% Returns Acheived..
2 nd Week - 19% Returns Acheived..
3 rd Week - 29% Returns Acheived..
So far 73% Returns Acheived..

For 1 Lakh Above 100% Returns  to be expect..

25. 23.12.13  - 2 Trades  - Total Net Profit  - Rs 3000/-

26. 24.12.13  - Break (TRADE BREAK)

27. 25.12.13  - Break (TRADE BREAK)

28. 26.12.13  - Break (TRADE BREAK)

29. 27.12.13  - 2 Trades  - Total Net Profit  - Rs 6500/-

30. 28.12.13  - Break (SATURDAY)

31. 29.12.13  - Break (SUNDAY)

TRADING DAYS - 2

Total Net Profit - Rs 9,500/-

For 1 Lakh 9% Returns Acheived.

1 st Week - 25.6% Returns Acheived..
2 nd Week - 19.6% Returns Acheived..
3 rd Week - 29.2% Returns Acheived..
4 th Week - 9.5% Returns Acheived..
-
So far Above 83% Returns Acheived..

For 1 Lakh Above 100% Returns  to be expect..

LAST  October to November Month Returns....for ref..Click Here Above 100% Returns