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you must be carefull, altough the best strategy in gold s buy only, but sometime gold have a large corection last in the august or september last.Quote:
Originally Posted by miracle
i think many trader got margin call at the time, because gold have down trend after touch the 1.9000 .
i see now has been on 1.69xx
current gold price movements are very fluctuating, decline that occurred since the creation of a new record is very drastic at all ...Quote:
Originally Posted by SG Trader
This may also be caused due to increase in the price of gold very quickly, so it dropped the price of gold also falling so fast ...
i think there are affected by economic in US, because now index market in US is well.Quote:
Originally Posted by Mr. Tukul
im so fear to trading in the gold. i just prefere in the forex currency because i have been more knowledge and experience on that.
maybe in some day i will trades also in the gold commodity
i have not trade gold yet , i have seen that investing in gold has became a trend nowadays in many people as they consider it as a safe deposit. i don't know is it good to trade gold and another fact is that i really am happy with trading with currencies.
in my view trading in gold always be batter but there is one condition..you have enough balance...in my view for 0.01 need 500$Quote:
Originally Posted by shibilyt
gold not only gold metal always has up trend...they come down but after there down movement they make new high point.
maybe we can open the cent account to start trading in the gold, so we get a large resilience of capital altough we invest a small amount.Quote:
Originally Posted by s19
i think $100 is enough if we are open in the cent account to trades in the gold. and its safety if we are always use a reasonable lot.
may be in cent account 100$ is enough...Quote:
Originally Posted by SG Trader
we can see more then 200pips up & down in gold...it need a good money managment. one more thing in my view...if we are open gold order then we dont play with other currency pair..
You need a more investments and much better analysis to trade in gold and it is very risky as well.So if you do not have any knowledge about it stay with the currencies and avoid gold trading for the time being.Quote:
Originally Posted by SG Trader
yes friend,with $100 or 10000 cent we can using 0.1 maximum of lot size.Quote:
Originally Posted by s19
and also must focus only on the gold, if we are in pair currency too it makes you confuse and difficult to make analysis again in gold if in pair get floating minus.
200 pips floating at a time is just so high so it's quite a big risk trading on gold and if it went right it can be greatly profiting too .Quote:
Originally Posted by s19
however i still don't find any need of trading gold as i'm doing good at curencies.