Saturday, August 1, 2009

HELLO EVERY ONE - FIRST STEP OF TRADING IS TO IDENTIFY A PERFECT TRADING INSTRUMENT AND TRADERS WHO ARE TRADING CRUDE ,GOLD THROGH INDIAN EXCHANGES, OR THROGH ETF,S ( OF GOLD) . THROUGH IN DEPTH STUDY AND WITH MY TRADING EXPERIENCE I FOUND THESE MARKET NOT SUITABLE FOR TRADING RESONS ARE -
1- MISMATCH OF PRICE WITH INTERNATIONAL MARKETS - ARBITRAGE OPPURTUNITIES WITH INTERNATIONAL EXCHANGES WIDELY AVAILABLE.
2- SEEMS SUSPICIOUS AS HEAVY ABNORMAL SWINGS INTRADAY LOOKS LIKE OPERATOR RUN MARKET LIKE BOMBAY STOCK EXCHANGE IN EARLY NINTIES .
3- HISTORY OF POOR GOVERNANCE IN INDIA
4-STRUCTURED LIKE TO FAVOUR BIG PLAYERS.

FOR TRADING,INVESTING ,SPECULATION - I FOUND FOLLOWING ETF TRADED IN US MARKETS SUITABLE FOR TRADING ( WE CAN EASILY TRADE IN US MARKETS FROM INDIA).
GOLD- GLD NYSE TRADED ETF
CRUDE- USO
SIVER- SLV
NATURAL GAS- UNG
I WILL SOON POST MY CHARTS AND OTHER USEFULL STUFF.

Wednesday, July 22, 2009

HELLO , I AM PROFFESIONAL TRADER ENGAGED IN TRADING IN GOLD AND OIL ETF FROM LAST FOUR YEARS