Gold is offered by most brokers that i know, it is not a currency, rather it is a commodity. Anyone can trade in gold, but a trader that wants to trade gold must know that gold requires a huge account balance like 500 - 100 dollars.
Printable View
I am not agree with you. because gold trade is different for other pair. also if trader have a tiny deposit then its better to not trade in gold. because some time gold fluctuation very very high, so small capital never enough for risk cover.
i am also lover of gold trading but it in not good for all trader initially i lost lot of money due to greed and good is most risky and profitable instruments in today markets last week i good for Gold and it gain nearly 100$ price
no, there can influence the individual so the gold trade is suitable for the expert trader but not suitable for beginner trader
for beginner trader suitable with demo and easy trading to make success after that use gold trade
Gold trading is not suitable for newbie traders. This commodity needs at least big capital to start with and it also got high spread which is very critical if you only have small capital to begin with. If you want, trade with gold in your demo account first.
I think it may be suitable for all but i do not trade in gold.As i know it has 30 pips spread so i need huge capital for trading in it.I think most of the traders so do not like to trade in gold for having it huge spread.
Traders gold m trading karke munafa kama sakta hai aur iske liye ise thodi mehnat jarur karni padegi. Waise to traders gold mein bhi short trading kar sakta hai par traders ke liye gold main long period ke liye investment karna hi fayde ka soda sabit hota hai.
Gold trade is not suitable for all traders. Because is very scalping. It is risk for low investment traders. It is very volatile and risky to trade. I think that it is risk able any other currency or pair.