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We need huge equity to trade in gold and the huge spread can lead us to huge loss too. You must never forget it requires more capital to trade in gold because of its spread this huge spread there is good opportunity to make profit.Gold is not suitable for scalpers
Great opportunities for big profits in gold, the fast, the movement of the currency pairs and many people in business. as higher gold runner to push the merits promotion is very popular, because you trade gold. a small investment, but also monetary gold grater with in a very short period of time benefits.
in gold trading we cane take a big risk and gold is big spread .spread is that way because of the volatility of gold. Gold can move 1000 pips in 1 hour..gold commodity is a favorite for those who have big capital because they are able to withstand large floating a result...
That's likely because of the large deals in commodities gold, the consequence to the high value of the spread. But I do not know much about gold, and I'm not ready to trade, with the pieces spread over 3 pips.Quote:
Originally Posted by yogesh
Yes gold has a big spreads if you compare it to other currency pairs. The usual currency I noticed has 2-3 pips a day but gold has more then 10 pips a day.
Well,You might think that gold has a high dividend so it will be easy to make big profits. :peace:You are wrong my friend. We have a large stock trading in gold and distribution can lead to large losses. One should never forget to catch me if you are a real trader@>-
gold has actually huge price fluctuations so greater spread then the currency trading but trading in gold requires more skills and more equity then the currency trading, being vigilant is also neccessary
Forex trading is a business.peoples now join in Forex trading because of money.Forex is a good business for earning dineros
I think to trading on the Gold requires more capital because it makes more moves in a day because of its spread and from the liquidity and volatility in gold is more, the gap is higher. So it's a job for millionaire as I pence.
dear Gold is very costly and have more then price then all the things in the forex market so it is a big deal in Gold trading therefor there is big spread in Gold trading.