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.

Wednesday, June 22, 2011

Trade Update

Trade details of 20th June:

Crude Oil :

Entered into shorts @4128 again. But it bounced sharply and had to cover it @4186. Had a thought that let me rollover it later with some cushion but it fell again after covering the current contract.. Finally re-entered shorts with JULY series@4190.

Copper :

Holding the shorts

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