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What are commodities----Commodity If we talk about this word, commodity play an important role in economics market and affecting the live of most of people.Broadly speaking, Commodity trading is an activity which involves investing/trading in commodities.There are so many people in commodity and future exchange around the world.Trading and investing can be very different in commodity from investing and traditional securities in stocks or bonds.Commodity trading is the act of buying and selling commodities on major exchanges through standardized contracts. Before we learn about how this market works, it is essential to understand what commodities are and why people trade them. Multi Commodity Exchange of india Ltd is deal trading with 40 commodities which includes precious metals and base metals, In Mcx precious metals like gold,silver and platinum are best platform for trading in mcx commodity market.And in the base metals trading all trader mostly use aluminium,copper, lead,nickel etc. Commodity tips are very useful and profitable if the traders trade in it a proper and planned manner is it just like stock market. There are many Golden rules of commodity trading----- Do not trade with doubt,half heartedly or without any fear, or in a confidence.You may rising small but repeated losses if you are fearful of the markets or heavier ones if you are overtly daring and rude. Do not be over optimistic if trades have hit stoploss suggest by you. If you realize that you are in bad situation then exit fast when you need to pray for relief at each rise or fall in a trade which is leading you forward dead pit towards heavy losses. One more thing is that follow only one analyst or technical advisors guidelines at a time, if you take more guideline from different different advisors will again create a lots of confusion. And be faithful to yourself hoping and praying for other something different,than the real reality or condition are nothing less than fooling your own self. Do not trade enter/exit place in panic. If you enter once time in this situation then very painful to exit from its.Volatility is a non separable cause of this trade commodity market and this will be present most of times. Never enter in commodity markets with stock trading ideas, though both are imaginary trade markets.There is enough difference in both,and have different trading pattern and rules. Do not be decline in one commodity, see at all commodities with volumes.Always remember,you can not use yesterday's ideas for todays business hope to be in business tomorrow.Be ready to accept and make change in commodity market. Trend is a king so follow it all time, and do not develop tendency to being a bull or bear in these market.There is only one side in commodity market neither the bull side nor the bearish side. Best Commodity tips
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