WHY trading in Gold is dangerous for new trader.

[rose555]

if we have small equity no matter we are beginer or old timer,because the spread are high 100pips if im not mistake,so every movement for 1pips are too large,it is safe if we have large amount account isn't recommended for newbies because gold is the most volatile trading instruments. If we made wrong order then it could be easy to clean up our account with the short of time

[mahi218]

gold kafi mehnat say ki janay wali or samjhi janay wali cheez howa karti hai is ko samjha or dekha jae to behter kam chala kar is ko apnaya ja sakta hai meray andazay k mutabik to hume gold ko ek zrori cheez bana kar is pay chalna chahye jb tak gold ek zrori cheez nahi samjhi ja sake ge or kuch nahi mill pae ga.

[reda2020]

All of you said very true pals, gold isn't recommended for newbies because gold is the most volatile trading instruments. If we made wrong order then it could be easy to clean up our account with the short of time. Newbies should learn trading with currencies at began.

[kinan]

trading is very difficult for new bies it need suffiecient knowledge and experience they make 80 pips per day on average rate its good but not best so the need more knowlege ...gold is not onlr risky foe new but also for expert one because some times it want a special knowledege who sufficient it so it create e big chance for loss

[javed415]

forex trading main new traders k liyeh is liyeh gold per trade kerna mushkil hota hai q k wo is k baray main itna nahain janatay hotay hian is liyeh wo low lot ki jaga ziyda lot rukh layaty hian jis ki waja say wo loose ker jatay hianb and nuksaan ker baithtayay haian.

[rameez1786]

yhes of course that you are say the right that the gold trade is a dangerous, first reason is that gold market has the big spread and secondly, gold market movement up or down very very fast. so that we are work the market carefully.

[pidro20]

I think that gold is indeed very dangerous, if we can't trade on gold, because in the movement of gold it very much, so we as traders need to have more capital and that's the danger of trading gold, and we should be able to manage money well menejement.

[nouriiset]

Welltrading in gold is very dangerous for beginners because beginners do not know how the gold price movement. spread in gold is greater than currency. and movements in the price of gold could reach hundreds of pips.

[almi]

Gold is bought as the ultimate defensive investment. Many people buying gold hope to make large profits from a global economic shock which might be disastrous to many other people. Indeed many gold investors fear financial meltdown occurring as a result of the over-extended global credit base - a significant part of which is derivatives.

[KUMARRAJ]

i gold trading is very difficult because the spread of gold is very big. we can not afford this spread . we have not big balance at the time starting in trade.