Simply Rs.50,000 pm by investing Rs.50,000 in MCX.
How do you make it possible?
Crude oil has a lot size of 100. That means every single ruppee change in rate will give Profit/Loss of Rs.100.
How do you make it possible?
Crude oil has a lot size of 100. That means every single ruppee change in rate will give Profit/Loss of Rs.100.
How many lots you can trade in Rs.50,000 ?
As 1 lot of crude is available in 5000 margin , we recommend you to take 2 lots.
Rs.5000 x 2 Lots = Rs. 10000 (investment)
Now we have approximately 20 trading days in a month. That means we need to make Rs.2500 a day to make Rs.50000 at the end of the month.
20 Days x Rs.2500 = Rs.50000 (At the end of Month)
How to make Rs.2500 a day?
By using this Robo is it possible?
We have 2 lots, that means we need 25 points to make Rs. 2500.
As we have 2 lots to work on, we need only 12-13 points to make Rs. 2500.
Now see, today our robo made a buy @ 4343 / 2 lots with target 4363/4364
Scroll up and see the crude oil chart given above and judge how many points the software is generating in a single trade.
and one more important thing to notice is that we have trailing stoploss also , so that if it cross 15 points and reverses back , then we exit at atleast 10 points (10*2 lots= total Rs.2000)
In today scenario same thing happened and system exited at 4354 with 11 points profit.
Conclusion:
1. Everyday 1 trades(2 lots) = 20 + 20 points= 40 points.
2. 40 points x 100 lot size= Rs.4000/Day
3. Rs.4000 x 20 trading days = Rs.80000/ Month
However we have calculated on the basis of only 20 points a day. You can even get more than 20 points in Crude Oil/day.
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