I honestly don’t know where the markets are heading next. I cannot predict where and when the top and bottom shall take place. But I learnt it hard way, what I should do "stay" or "quit" when price is traveling beyond my reference levels.

Thursday, June 23, 2011

Trade Update

Trade details of 23rd June:

Crude oil :

After the fed meet, it has cooled off and opened low today.Reversed to shorts at 4230. SAR@4340 now.

Copper :

Traded with more than my normal position and end up with neat loss!!. Reversed to shorts @ 402.50.SAR@407 now

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