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Thread: WHY trading in Gold is dangerous for new trader.

  1. #11
    Member don1 is on a distinguished road don1's Avatar
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    Gold trade id very dangerous because forex is risky business and the price of Gold is very high in the forex market the price of Gold is on top from all the metals and from all the currencies so it will a big risk to trad with Gold.
    i hope i will trade successfully on Gold.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned pro2 is on a distinguished road pro2's Avatar
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    If you don't have sufficient knowledge about it than sufficient balance won't work for you.It is a matter of time that you will loose it.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by mdyeasinkhan View Post
    New comer has less amount in balance...
    They can not match with the market properly. But Gold moves first..
    In a hour sometimes i move more then 400-500 pips.
    yes gold is very volatile, it requires a very reasonable capital to trade considering adherence to proper money management rules.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned FREEDOM is on a distinguished road FREEDOM's Avatar
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    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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member abi_man is an unknown quantity at this point abi_man's Avatar
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    Quote Originally Posted by mdyeasinkhan View Post
    New comer has less amount in balance...
    They can not match with the market properly. But Gold moves first..
    In a hour sometimes i move more then 400-500 pips.
    an hour can move 500pips? very dangerous when one of the open positions.
    is not recommended for beginners

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member monsterzz is an unknown quantity at this point monsterzz's Avatar
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    new traders usually always think that it is very easy to be making a profit from forex and they only count the possibilities for profit without ever counting the possibility of a loss. They always think forex = profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned mdyeasinkhan is on a distinguished road mdyeasinkhan's Avatar
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    Quote Originally Posted by jiching View Post
    yes, trading in gold very dangerous for newbie because the spread of gold is 100 pips.
    and the movement is very big and if we don't have strong balance, we will get loss and margin calls
    as i know The spread of gold is minimum 5 pips. Some Broker offer 4 pips too....
    And Maximum 49 pips...
    Why u says spread is 100 pips..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member shikder is on a distinguished road shikder's Avatar
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    Gold is not dangerous for new traders but also for expert traders too.if you have not sufficient knowledge about gold & if you are not an experienced you should not trade with gold.because gold move very fast.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Hi,trade in gold are very high risk 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

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  18. #2
    Member jiching is a jewel in the rough jiching is a jewel in the rough jiching is a jewel in the rough jiching is a jewel in the rough jiching's Avatar
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    Quote Originally Posted by mdyeasinkhan View Post
    New comer has less amount in balance...
    They can not match with the market properly. But Gold moves first..
    In a hour sometimes i move more then 400-500 pips.
    yes, trading in gold very dangerous for newbie because the spread of gold is 100 pips.
    and the movement is very big and if we don't have strong balance, we will get loss and margin calls

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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