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Gold trading is too fast and the chart varies so quickly, i never recommend this chart for new comers and the traders who has small investments, normaly the spread size is also big in gold trading and trader required more than 100 pips for earning profits while they lose suddenly with the position, so i think it is very difficult for new trader to trade in gold. the trader who has big investments and lot of experience can trade in gold.
gold trading is not very easy if you wanna do gold trading you must have some good experience for gold trading.and most important indicator analyse technique and good strategies which work always with low risk. because gold trading is very risky.
every trading activities is gives more return in the long run if u are greedy and think we earn huge amount in short period of time its not possible so first of all keep in mind trade in gold always beneficial for small as well as big trader
Gold is not good pair for all. Gold pair is a very strong pair and it's prices are going higher and higher but sometime Gold prices goes down instantly and without any clear signal so there is a risk of loss so i suggest it's much risky for newbies and small traders perfect traders can trade with Gold with strong signals.
but for long term trade, gold is best option for all, you can see every year gold prices always go higher, down in small timeframe just a correction. but you need enough margin to trade gold since spread is very high, is about 100 pipsQuote:
Originally Posted by Mars
Sometimes I am make trade on gold currency but now I am never trade on that. Trade on GOld currency need large capital and large margin. I am prefer trade on forex currency because need small capitalQuote:
Originally Posted by fahadshaheen
no, i don't think so. Because gold trades need some huge capital and there are 100pips gap between the buy and sell. So making profit from that needs higher capital and long time which can't be affordable for every one.
Gold trade is so risky. mene gold trade kiya tha pahale starting me bahot achha earn kiya lekin suddnly market uper jaane se bahot loss laga. gold trade ka kuchh pata ni chalta kab high ho jaye kab low ho jaye ..agaraapkepas mone achha profit le sakteh lekin money kam hai toh fir kabhi b market uper niche jaane par agar loss lag sakta h
With some brokers we may need big capital to trade in gold but with instaforex it is different and even those having cents account can trade as little as .1 cents lot that require only around 1.7$ for opening a single trade at 1:100 margin.
trade with gold is very good, gold has geat fluctuation and faster movement, but then we need to know that the spread is bigger too, so we need to have good preparation for it and also increase the knowledge about gold, but almost every years it will always moves up, always like this, and so if you want to make invest for longer time, buy is a good decision