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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!
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