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Gold trading every 2nd month--- |
rahul321 White Belt
Joined: 17 Dec 2011 Posts: 8
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Post: #46 Posted: Thu Oct 25, 2012 1:41 pm Post subject: |
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Dear Rahulsharmaat,
thanks a lot for such a nice strategy.
Right now Nov GoldM and Dec Gold is trading at a difference of 190.
Request you to pls suggest
CAN WE BUY GOLDM AND SELL GOLD.
Also one clarification, At the expiry of GoldM i.e on 5th november, can you pls suggest what is the approx. idea of gap that will be at that time.
Means at goldM expiry what is the gap between that goldM and Gold, the gap that you have seen generally.
Hope you understood my query.
Regards
Rahul |
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rahul321 White Belt
Joined: 17 Dec 2011 Posts: 8
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Post: #47 Posted: Thu Oct 25, 2012 1:48 pm Post subject: Re: Gold mini & gold |
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You got it abs right dear.
If anything else you can ask
stejasmehta wrote: | So Rahul Ji,
What I have understood is :-
Buy Nov Gold Mini 1 lot
Sell Dec Gold 1 lot
so quantity should be equal I think because Buy Gold mini should be 10 lots that is 1000 grams then only one can sell Gold Dec 1 lot that is 1000 grams
Please correct me if i m wrong
I m learning so hope you dont mind questions
Thank You
Tejas |
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paa White Belt
Joined: 28 Sep 2010 Posts: 178
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Post: #48 Posted: Thu Oct 25, 2012 3:13 pm Post subject: |
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What to long and what to short around 5th Nov. Please clear it Rahulsmart1 |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #49 Posted: Thu Oct 25, 2012 4:32 pm Post subject: |
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Nothing has to be dont on 5Th nov---
Trade is now
Buy MINI NOV
Short Gold DEc
Diff now 200--- ideally before expirt it should dip down to 120--100--
n then reverse to 150-- at expiry
lets see |
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rahul321 White Belt
Joined: 17 Dec 2011 Posts: 8
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Post: #50 Posted: Mon Oct 29, 2012 10:43 pm Post subject: |
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Dear Rahulsharmaat
as suggested by you
Dec Gold sell and
Nov GoldM buy
currently gap at 230.
position taken at difference of 200 as suggested by you.
pls advice wether to average more or not as expiry is near. |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #51 Posted: Tue Oct 30, 2012 8:44 am Post subject: |
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It may go to 270 also-- as i have mentioned earlier---
so see your risk capasity--- if it dosent comes down by saturday--i will exit n sift into
jan mini n feb Gold |
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rahul321 White Belt
Joined: 17 Dec 2011 Posts: 8
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Post: #52 Posted: Tue Oct 30, 2012 3:08 pm Post subject: |
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Hello Rahulsharmaat,
right now jan. GoldM and Feb Gold gap is trading at 180 now.
is it recommended to take short position at 180 or wait for 200 and more.
Rahulsharmaat wrote: | It may go to 270 also-- as i have mentioned earlier---
so see your risk capasity--- if it dosent comes down by saturday--i will exit n sift into
jan mini n feb Gold |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #53 Posted: Thu Nov 01, 2012 11:07 am Post subject: |
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Dec-- gold
Nov Gold mini
Last night difference hit--270
Those who traded at 270 diff can book now at 225---
Rest hold |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #54 Posted: Thu Nov 01, 2012 9:08 pm Post subject: |
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Diff is 205 now
why people panic so much
yesterday night 275-- now 205 |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #55 Posted: Thu Nov 01, 2012 9:10 pm Post subject: |
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Diff 199 now
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sethu45 White Belt
Joined: 06 Aug 2009 Posts: 168
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Post: #56 Posted: Fri Nov 02, 2012 6:33 am Post subject: |
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GoldM expiring on 5th november. My broker advising to close on y/day otherwise compulsory delivery he said. Dear Rahul, can u please advise upto what time we can keep this mini 5th nov contract on expiry. I have not done your trade as huge capital is involved. I am working with 1 goldm & 12 gunea lots. The margin required is less as allowed by mcx. I entered at 25 difference now it is 83. Please post for expiry of goldmini contracts. sethuraman |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #57 Posted: Fri Nov 02, 2012 9:07 am Post subject: |
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I have no idea of gold gunia----
it depends on broker to broker--
I will exit today or by saturday--
have booked few at 205-- and 195 diff last night |
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rahul321 White Belt
Joined: 17 Dec 2011 Posts: 8
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Post: #58 Posted: Fri Nov 02, 2012 10:40 am Post subject: |
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Hello Rahulsharmaat,
right now jan. GoldM and Feb Gold gap is trading at 180 now.
is it recommended to take short position at 180 or wait for 200 and more.
and bro, one more thing,
is it common like gap going to 250 to 270 near expiry and then again fall.
and can we take new positions for jan goldm and feb gold.
pls suggest. |
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sethu45 White Belt
Joined: 06 Aug 2009 Posts: 168
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Post: #59 Posted: Sat Nov 03, 2012 5:41 am Post subject: |
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Rahulsharmaat wrote: | I have no idea of gold gunia----
it depends on broker to broker--
I will exit today or by saturday--
have booked few at 205-- and 195 diff last night |
Thanks rahul. My broker not allowing the mini till 5th nov. MCX have given concession for this kind of pair trading with pair legs stipulated with less margin. I entered gunea & mini @ 25 and booked at difference of 180 y/day. can do multiple lots in this pair and margin also 50% of stipulated for the total pair. |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #60 Posted: Sat Nov 03, 2012 2:09 pm Post subject: |
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so what u did---
sold gunea-- and bought mini ???
how many gunea-- n how many mini--- as one lot |
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