Let’s illustrate with a trade in sugar. Say we buy an October sugar futures contract at $15.44 and then we set our sell stop order below the market at $15.00. Now the market moves higher, to $15.95. Our smartest strategy is to move our stop up now from $15.00 to our entry point of $15.44, or breakeven. In other words, we would break even on the trade, more than likely. Later, if the market moves even higher, we can move the stop again, and now almost guarantee a profit. This type of activity is called placing a trailing stop, because it trails behind our trade and moves as the trade moves. This is smart trading. Master it, and use it.
Thursday, May 26, 2011
COPPER , NICKEL - UPDATE
COPPER-MCX
YESTERDAY WE TOLD COPPER
ABOVE 406.70.....
TARGET 408.50..... , 410.30.......
HIT OUR 2nd TARGET MAKE HIGH 414.75....
AND CLOSED ON 412.90.....
NOW WHAT EXPECT ? ? ?
ABOVE 413.50....
TARGET ARE 415.50....., 418.20.....
BELOW 411......
TARGET ARE 409.50....., 406.80......
for more detail contact us - niranjanpatel80@gmail.com
CRUD OIL - UPDATE
CRUD OIL-MCX
YESTERDAY ES TOLD
ABOVE 4530....
TARGET 4585...., 4650.....
SEE YESTERDAY HIGH 4619....
AND CLOSED ON 4602....
NOW WHAT IN CRUD ? ? ?
ABOVE 4620....
TARGET ARE 4650...., 4690....
BELOW 4560.....
TARGET ARE 4530...., 4480....
(more detail to our subscribers)
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE 26/may
GOLD-MCX
YESTERDAY WE RECOMMENDED TO
ABOVE 22,430.......
OUR TARGET 55,480....., 22,550......
SEE HIGH 22,568.....
AND CLOSED ON 22,501.....
WHAT EXPECT TODAY ? ? ?
ABOVE 22,525......
TARGET ARE 22,595....., 22,635......
BELOW 22, 460.....
TARGET ARE 22,430..... , 22,390.....
(more intraday detail to our subscribers.)
SILVER-MCX
WE ARE BULLISH FROM LAST TWO DAY
YESTERDAY WE TOLD
ABOVE 55,300.....
TARGET 55,505...., 56,100...., 56,609.....
YOU SEE MORE FIREWORK ABOVE OUR LAST TARGET
MAKE HIGH 57,682.....
( 1000 point up from our last target )
AND CLOSED ON 57,352....
NOW WHAT EXPECT IN SILVER ? ? ?
ABOVE 57,600....
TARGET ARE 57,817...., 58,059...., 58,522....
BELOW 57,100....
TARGET ARE 56,745...., 56,495...., 55,780....
(more live intraday detail to our subscribers)
for more detail contact us - niranjanpatel80@gmail.com
Wednesday, May 25, 2011
Mistake: Not Taking Profits
The second mistake—and in my opinion, an even worse one—that most traders make is that by not taking profits, they get greedy. Why wouldn’t you take profits when given the opportunity? In other words, if the crude oil market moves up to $72.58, that’s a $.50 profit, for a total gain of $500. The trader could exit the crude market, taking his or her profit off the table, and then jump back in when presented with another opportunity. Most of the time, however, they don’t. The reality is that most people hold onto the position until it turns around and they are losing so much they are forced to liquidate. Avoid this at all costs by setting your goals from the start, by grabbing gains, and by not being greedy.
Another way to play it if you have multiple positions is to simply liquidate one of the contracts and hold the other. In other words, if you buy two contracts you can sell one as the market starts to go up if you’re long. Then as the market, as hoped, goes even higher, you would sell the other one. An even smarter move is to take your protective stop order and keep moving it up behind you as the market moves higher.
Eventually the stop will be above where you initially entered the trade, and even if the market reverses itself you will likely be stopped out with a profit or minimal loss. Bravo!
So if you were holding onto two contracts or positions in December crude oil from $75.00 and the market rallied to $75.50 and you sold the first contract, you would make $500. Then if the market continued higher to $76.00, you could sell the second contract for a profit of $1,000. Nice!
Another way to play it if you have multiple positions is to simply liquidate one of the contracts and hold the other. In other words, if you buy two contracts you can sell one as the market starts to go up if you’re long. Then as the market, as hoped, goes even higher, you would sell the other one. An even smarter move is to take your protective stop order and keep moving it up behind you as the market moves higher.
Eventually the stop will be above where you initially entered the trade, and even if the market reverses itself you will likely be stopped out with a profit or minimal loss. Bravo!
So if you were holding onto two contracts or positions in December crude oil from $75.00 and the market rallied to $75.50 and you sold the first contract, you would make $500. Then if the market continued higher to $76.00, you could sell the second contract for a profit of $1,000. Nice!
COPPER , NICKEL - UPDATE 25/MAY
YESTERDAY WE TOLD THAT
ABOVE......401.30.....
TARGET ARE......405.50....., 407.60.......
SEE THE YESTERDAY HIGH...... 406.95......
AND CLOSED ON.........403......
NOW WHAT TO EXPECT ? ? ?
ABOVE.....406.70....
TARGET ARE .....408.50....., 410.30.....
BELOW .......403 ......
TARGET ARE .......401,......397.50.......
for more detail contact us - niranjanpatel80@gmail.com
CRUD OIL - UPDATE 25/MAY
CRUD OIL-MCX
YESTERDAY WE TOLD
ABOVE.....4445.....
TARGET ARE......4530......, 4572.......
SEE YESTERDAY HIGH.....4530........
AND CLOSED ON.......4468.......
NOW WHAT TO EXPECT ? ? ?
ABOVE.......4530.......
TARGET ARE......4585....., 4650.......
BELOW......4479.....
TARGET ARE ......4420,....., 4350.......
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE 25/may
YESTERDAY WE TOLD OF GOLD
ABOVE.........22,315..........
TARGET ARE.........22,370........, 22,440........
SEE THE YESTERDAY HIGH............22,430
AND CLOSED ON...........22,382.....
TODAY WHAT EXPECT ? ? ?
ABOVE..........22,430.......
TARGET ARE.......22,480....., 22,550........
BELOW.......22,353........
TARGET ARE........22,280.......,22,215.........
SILVER-MCX
YESTERDAY WE TOLD ABOUT SILVER
ABOVE.........53,650...........
TARGET ARE..... 53,810....., 54,005......, 54,610....
SEE WHAT HAPPENED ? ? ?
HIT AFTER OUR 3 rd TARGET MORE FIREWORKS
UP TO .......55,290.......
AND CLOSED ON.......55,051......
TODAY WHAT TO EXPECT ? ? ?
ABOVE....... 55,300......
TARGET ARE.....55,505...., 56,100....., 56,609.......
BELOW.......55,457.........
TARGET ARE.......54,252....., 53,970......, 53,605.......
for more detail contact us - niranjanpatel80@gmail.com
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