Golden Trading Rules of MCX Trading

• Always trade with stop loss
• Never do over trading.
• Always trade with trend
• Never trade or enter / exit positions in panic. Volatility is a non-separable component of this trade market and will be present most of the times.
• Do not enter the Commodity Markets with Stock Market trading ideas. Though both are speculative trade markets, there is a substantial difference in both and generally have opposite trading patterns and thumb rules.
• Avoid getting in or out of the commodity market too often.
• Always discipline yourself by following per-determined set of rules in our commodity tips
• Always check your risk appetite time-to-time
• Do not trade in a market that is too thin
• Remember that no one can predict the exact highs and exact lows. So never try to catch them.
• Never cancel a stop loss order after you have placed it!