Golden Trading Rules of MCX Trading
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* Always trade with stop loss
* Never do overtrading.
* 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 pre-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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