Finance

Sunday 28 April 2013

Why Gold trading in forex is more benefit?

If you are a Gold and Silver trader in Indian Multi Commodity Exchange ( Indian MCX), then I would suggest you to start Investing in forex which will be more benefit to you.

Suppose you are buying 1 lot ( 1kg) Gold in Indian MCX then you have to pay around 1,00,000 as margin and if the Gold price increase 100 points.

for example- Current market price of Gold is Rs26,200 and it increase to Rs 26,300 then the profit is of 100 points.
In amount it will be (Quantity * the point increase)= (100*100)= Rs10,000

In similar case International Gold price has increased around $6 as on each $1 appreciation in International Gold impact our 15-18 point increase.

To Buy 1 lot International Gold you need to pay around $1300 = (1300*54)=70200.
Suppose $1=Rs54.

As it is increase around $6 then your profit will be around $6*100= $600 which is in Indian currency around  $600*54= 32400.

So you can see from this simple calculation how buying International Gold is more benefit to you.

Also read out about my forex trading experience.

http://expertscolumn.com/content/my-experience-forex-trading

Thursday 25 April 2013

NIFTY momentum for the month of May

Last expiry NIFTY shown some uptrend and still it is in Bull trend.NIFTY is expected to trade in a strict range bound of 5700-6100 in the month of May expiry.
Until unless it break the immediate support of 5870 it will straight towards up trend 5970 and after breaking that resistance it will go straight to 6100.

As nifty option seeing buying of put option 5900 strike price level.
So for may expiry Buy nifty future and buy nifty 5900 put option.
Hold it till expiry .

Bank of England giving loan at cheaper rate which is a positive news for Europe market and their economy which impact will be seen in Indian market as well. So it will be wise to buy NIFTY on each dip. 

Monday 22 April 2013

How to make money from forex trading

now days there is huge demand in forex trading. It is because you can do forex trading from your home, school, college or work place.
As this does not need any qualification, any one can start forex trading who is having a computer and Internet connection. whether a ladies, student, house wife, retired person.
Due to very less investment required to start forex ( you can start forex trading by investing $20 only).
As a beginner you need to open a demo trading account first to understand how it works actually? after having operation idea of trading plat form you can start investing in real account to earn some money by sitting at your home.

Why Currency trading has huge demand?

Due to high liquidity and turn over is more than $6 trillion which is very much easy to do trading..
Read the my own experience in forex trading.

http://expertscolumn.com/content/my-experience-forex-trading

Saturday 20 April 2013

Gold And Silver has more fall in near future

Intaernation Gold has broken its support $1512 and after touching 1322 it is heading towards $1403 again and if it does not go above $1522 then there will be free fall again to $1200 directly. So for MCX traders they should sit with cash to buy Gold at 23,000 very soon.
Also MCX silver will touch around 39,000 with in 2-3 month so do not think to buy at 46,000 as it looks attractive.

If you want to trade then from each rise start selling Gold and silver to earn money from MCX.