What is jobbing ? & how can we earn from it on mcx platform ?

Can we generate profit  from doing jobbing on mcx platform ?

Yes, it is sure that," we can generate some money from doing jobbing using mcx platform. I use 'crude' for explaining the same. First of all we should know the concept of jobbing. What we always see in the name of intraday trading is not 'trading' nor 'jobbing' but a tool to destroy capital. Jobbing is very short term buying & selling or selling or buying of a script or commodity with the intent of generating quick profits. Jobbing consist speculative nature. 

I use crude hourly chart to show," how we can use 'nymex' crude price to do jobbing in mcx crude. Lets look at the chart first.

I used candles to show mcx crude price and line to show Nymex crude price. You can see a blue vertical line no 1. Look carefully, this line cross a green candle. This green candle shows mcx crude price open 3551, high 3556, low 3551 and close 3555. This is very recent chart, I just draw it and saw the price action happened. This candle told us that mcx crude remains within only 5 point range for that 1 hour while Nymex crude went down considerably.

My friends, this is the chance for jobbers, you can sell crude here and cover it with very little profit. 

There are some things which can effect your calculations. One of these is currency rate. On Odin software, we can see that, exchange always generates messages about difference in commodity price ( domestic & international ). 

One should use live 'Nymex chart ' for this purpose. there are more chances in less traded commodity like gold 1 kg lot, nickel.

You can earn 3 to 4 points in each trade, if you study it and develop your skills with latest instruments. Instead of doing intraday trading, think about doing jobbing.

There are more things to write about, but I stop this article here. Interested reader should use his skill's and try it on paper for many times. Only after then, you can understand --- " what is jobbing ?"