When people hear the words ‘precious metals’, they instinctively think of gold and silver. However the precious metals group comprises of four metals; the other two being platinum and palladium. We at The Logical Traders have extensively focused on gold and silver over the past twelve months. We’ve written several bullish articles on the two …
“The price of commodity can never go to zero. When you invest in commodities futures, you are not buying a piece of paper that says you own an intangible piece of a company that can go bankrupt.” The quote mentioned above comes from the commodity investing guru Jim Rogers. Rogers has a net worth in …
Will Crude Oil Price Double in the next Two Years? Read More »
We at the Logical Traders have been very bullish on commodities. Our experts wrote many bullish articles on precious metals in 2019 and 2020 and have now switched out attention to other commodities as well. Consequently, we have three open positions in the commodities market. Our exposure to those three trades is 5%, meaning we …
Going Long the U.S. Dollar to Hedge against our Commodities Position Read More »
This will be The Logical Traders first official trade that is based solely on technical analysis and price action. In technical analysis, it’s quite well known that the longer the consolidation, the stronger the breakout. And Muthoot Finance just broke out of a symmetrical triangle that took almost 8 months to form. As evident from …
Our First Trade in the Equities Segment has Great Potential Read More »
The Logical Traders has gone long ICICI Lombard based on its recent price action. Technical analysis suggests the stock is headed higher in the near term and thus it presents a great opportunity. As evident from the image below, the stock is attempting to break out of a falling wedge pattern after taking support at …
An Equity Trade with Great Risk-to-Reward Ratio is in the Play Read More »
Just a day before Christmas, we bought ICICI Lombard at roughly Rs 1484. We even sent out a tweet regarding the same that you can check by clicking here. After a few days of consolidation, the stock has moved higher rapidly and hit our target of Rs. 1604, yielding us an 8% profit. While the …
The Logical Traders bought platinum when it was trading around $1,030 per ounce. With a target of around $1,400 per ounce in our mind, the trade had an extremely favorable risk-to-reward ratio of around 1:7.5. You can read our first piece on Platinum by clicking here. Platinum price has since broken out of a bullish …
We at The Logical Traders have been collectively bullish on gold for well over a year now. We were extremely bullish heading into 2020 and the yellow metal rallied over 25% in the year. Our bullish case on gold in 2020 was based on fundamentals and macro environment. However, the recent price action of gold …
We’ve placed two trades based purely on price action and technical analysis in the last one month. One was ICICI Lombard, which worked out in favor and fetched us a profit of 8% and the other one was Muthoot Finance, which didn’t work out and cost us 2% of our capital. Since our technical picks …
Our last trade in the equities segment didn’t quite work out as we had hoped. We had bought EID-Parry and were stopped out just a few days after placing the trade. It’s necessary for our followers to realize that we often get things and trades wrong. And so does every trader in the world. This …
