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Mr.Dev(s) is a team of non-biased certified technical and research analysts with extensive experience in the financial markets dating back to 1997. They accurately forecast market movements and position their clients accordingly. They are popular online contributors on many channels and platforms, known for their non-biased advice and commitment to helping investors make informed decisions. The team is also the founder of forex account management services on Moneymunch.com, demonstrating their knowledge and experience in the financial world. Investors can rely on Mr.Dev(s) for research reports and opinions, as well as trading guidance.

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How To Beat the 10 PITFALL of Trading?

PITFALL of Trading

This are some methods that can be help for beat the 10 pitfall’s of trading.

1. Having no trading plan

It becomes very expensive when your emotions are high, and you have to make decisions on the hurry.

2. Using strategies that don’t match your personality

One important factor to consider is: does it match who you are and your lifestyle?

3. Having unrealistic expectations

Most traders imagine that it is very easy to make money in trading. They have unrealistic opportunity with regard to their initial capital, their risk profile and how much money they can expect to make.

4. Taking too much risk

Usually, when traders are down, they want to make their money back very quickly. Therefore, they increase their position size without thinking about the risk/rewards.

5. Not having rules to follow

Most traders think if they have rules to follow, they are restricting themselves. It is on the contrary. Having rules allows you to be more flexible since you have thought about lots of issues beforehand.

6. Not being flexible to market conditions

It is very important to see the markets as they are and not as you want them to be or as you assume them to be.

7. Failing to take responsibility for your results

When you blame things outside of yourself, you become a victim of circumstance. When you take responsibility, you can react differently to your circumstances and become the success you know you can be.

8. Being addicted to volatility

One of the reasons that people get into trading is because they like the excitement of it. If there is no excitement, they create it. This is one of the reasons that traders sabotage themselves.

9. Not having a process to keep track of your performance

If you don’t keep track of your results, how do you know what has worked and what has not? How can you tweak your process to get the best results that you can?

10. Not dealing with your Emotional Risk

When dealing with money, there are lots of emotions involved. Emotions are part of everyday life. What separates the successful traders from others is how they react to their emotions.

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Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.

Report of MCX Natural Gas – Futures Tips

print moneyNatural gas futures immediately can’t grab a break. Most of commodities are trending higher, but natural gas prices continue to fall into bloodbath. I said you in my report on 7th October 2010. “Only and only with any luck we could get an up rally in natural gas. There is no reason to buy it.” I alerted you and said big blizzard is started in market with Natural gas.

MCX Natural gas chartDo you know? Supplies of natural gas continue to rise plus the Energy Department predicts they will be at the second highest level ever to start the heating season. Natural gas futures closed at $3.333 on Friday, down 0.035. Prices bottomed last September around $2.63, so there could be some value below the $3 level. We can’t able to decide bottom of natural gas. Don’t do overbought trade with NG but don’t think, Close your eyes and continue to short it. There is no bottom level.

Now you have a license to print money.

My new targets for Natural gas are 135 – 126.

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NCDEX Pepper, Rape Mustard seed & Chana Trading Tips

NCDEX Pepper (Last close 19689):

NCDEX Pepper

Pepper support for short term trader 19614 and my target is 19800.

NCDEX Rape Mustard seed(Last close 559.85):

NCDEX Rape Mustard seed

Who want to earn huge money and without risk?

You? Ok, than bought it @ opening bell and forget.

My targets are 564 – 571.

NCDEX Chana (Last close 2423):

NCDEX Chana

Chane khao – Mast ho jao.

We’re horse of commodity market.

Who want to go with me for long riding?

Try to munch chana above 2412.

My targets is 2442 – 2453

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MCX Kapas, Zinc, Aluminium, Chanadel Tips

MCX Kapas Cotton

MCX Kapas (Last Close 740.80):

Yes, my subscribers bought @ 728.

My last target is 746.

If Kapas open 740 above than intraday trader for from this level 740 buy and forget.

Set profit level 743-746.

Don’t think below 237 for long…!

MCX Zinc (Last Close 112.05):

MCX Zinc

Are you ready for play risk free game…?

Buy zinc @ 112 and get profit near @ 113 – 113.5.

Red light below triple one (111)

MCX Aluminium (Last Close 104.5):

MCX Aluminium

I think there is some profit and some risk in this.

If aluminium wait at 104.4 then don’t think, just buy it. Targets 105 – 105.5 (Stoploss – 104)

MCX Chanadel (Last close 2342):

MCX Chanadel

Watch: 2344 above

Crossover it… Grab for targets 2351

After 2351 and touching 2365… then 2378 for positional in 2-3 days

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Essential Knowledge: Commodity Trading – Futures Market – Spot Market

commodity market

Commodity trading market has first-class history going every part of the way back to the mid 1800s. INDUSTRIAL REVOLUTION bring fresh technologies and abilities to manufacture new resourceful tools and consequently additional food. Economic output begin to out-pace residents enlargement, our country developed a must for more well-organized agricultural storage, transportation and distribution of goods.

As the capacity of goods greater than before exponentially, FUTURES MARKET amid constantly standardized commodity pricing, grading and delivery became an complete requirement in order to deal with the seasonal gluts occurring just after harvest and sharp shortages occurring before harvest. Farmers and investors could now protect themselves from price rise and falls by locking in exact prices for commodities time-consuming earlier than essentially needing to receive physical delivery of them. So the FUTURES MARKET and COMMODITY TRADING was born.

What is Commodity market?

“A commodity is some good for which there is demand, but which is supplied without qualitative differentiation across a market. It is fungible, i.e. the same no matter who produces it. Examples are petroleum, notebook paper, milk or copper…”

Specific items values to be well thought-out a COMMODITY and be traded in a futures market. A commodity must be STANDARDIZED. So whether we are discussion about a barrel of oil, a bushel of wheat, a ton of iron ore or a particular importance of foreign currency, commodities have a standardized and set value. This is exactly why such items as art or jewelry is not considered a commodity. Each piece is definitely one of a kind and totally single unto itself. Therefore the value differs and fluctuates massively from one part to one more.

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