How much can you earn trading commodities?

How much can you earn trading commodities?

If you are interested in Commodity trading: Then you can set your daily target for it. And yes, it’s possible to generate income of Rs. 500-1000 per day on capital of Rs. 5000 from Commodity trading.

Which commodity is best for day trading?

Commodity futures Futures on highly-liquid commodities like crude oil and gold make them good instruments for day trading. Day trading in commodity futures also offers a diversification of assets from the usual equity or index-based trading.

Can commodity trading make you rich?

Commodity trading is the dematerialized trading of real-world commodities like gold, silver, cotton, rice, oil etc. Tomorrow, the price of the commodity becomes ₹110 per unit and you sell it. You have earned a profit of ₹10. This makes commodity trading profitable.

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Which is the easiest commodity to trade?

The Best 5 Commodities to Trade in India in 2022

  • Crude Oil. Crude oil is one of the best commodities to trade because it is naturally-occurring unrefined petroleum and a fossil fuel which comprises organic materials and hydrocarbon deposits.
  • Aluminium.
  • Copper.
  • Natural Gas.
  • Gold.

Is it possible to get a 1\% return on commodity trading?

As commodity trading is uncertain and it is not possible you can get every day a return of 1\%, You may lose a significant amount of money.

How to get a 10\% monthly return day trading?

How to Get a 10\% Monthly Return Day Trading 1 You could start with a large amount of capital and make a small percentage return to produce a decent monthly income. 2 The other option is to start with a smaller amount of capital, say $10,000 to $30,000, and generate higher returns in… More

Is it possible to make 1 percent a day in trading?

Firstly, 1 percent a day would quickly amass into huge returns that simply aren’t attainable. Secondly, your returns won’t be distributed evenly across all days. Instead, you’ll experience both winning and losing days. This might come as a disappointment if you had anticipated that such returns indeed were possible.

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How many trading days do you have in a year?

Wikipedia says there are 252 trading days per year. 1\% return each day means that for every 1 unit you have, you have 1.01 after a day’s trading. Do that 252 times and for every 1 unit you start the year with, you’ll have 1.01^252, or 12.274.