Hi Everybody,
I was hoping somebody could shed some light. I'm currently trading in NYMEX and I've been hearing a lot about MCX and NYMEX trading.
1) Some say trading NYMEX is risky since the Brokers are all against us and mostly based in Cyprus and Russia
2) Some say trading MCX is even more risky since the price also depends on USD/INR value and that MCX is fully manipulated by the big guns like Jignesh Shah
So what's the average guy who is going to be back in India supposed to do ???
I was hoping somebody could shed some light. I'm currently trading in NYMEX and I've been hearing a lot about MCX and NYMEX trading.
1) Some say trading NYMEX is risky since the Brokers are all against us and mostly based in Cyprus and Russia
2) Some say trading MCX is even more risky since the price also depends on USD/INR value and that MCX is fully manipulated by the big guns like Jignesh Shah
So what's the average guy who is going to be back in India supposed to do ???