This product is suitable for traders who believe in creating opportunities every day and are looking to avoid overnight
carrying risk and cost.
This product is about intraday trading in commodities where all the trades recommended would be closed on or before 15 minutes for the end of the trading session.
Trades would be given in all commodities such as Bullions like Gold and Silver, Energy like Crude and Base Metals. The trades could be either Long or Short. Long trades are where we buy first and sell at higher price, here we believe prices to rise and short trades are where we sell first and then buy at a lower price, here we believe prices to drop.
The Trades would be generated from in-depth Technical analysis of the price, trend-structure, support-resistances and
the degree of momentum.
Risk: Reward is another major criteria which is taken into consideration and we strive to make traders comfortable and at ease by providing low risk high reward trade.
With respect to number of open trading positions, at any point of time we shall have a maximum of 4 open positions. And therefore the ideal Margin required to participate in this product shall be 1.5lakh. Traders can take trades in multiple lots based on the their capital size but for reference calculation purpose we shall show Profit and Loss based on one lot of trade.
- What is Sprint Trade?
This is a purely intraday product where we recommend Commodity from the MCX list.
- Which are the technical parameters used to Select Commodity?
We look for the suitable risk-reward criteria, check classical technical analysis, Dow theory, MACD, RSI and other technical aspects.
- What are the maximum numbers of open trade?
The maximum numbers of open trade are 4.
- What is Risk-Reward criteria?
The Reward per Recommendations are as follow.
- What is Margin Requirement?
Margin requirement for the product is 1.5 lakh.
- Is it necessary to trade in all recommendations?
Yes to match with our P&L one has to trade in all recommendations.
- How are Profit and loss calculated?
Profit and loss are calculated on one lot per recommendation basis.