WHY trading in Gold is dangerous for new trader.

[Ahmadali]

Forex Trading kay business main work karna easy hota hay jb Trader Forex Trading ka business thek knowledge aor experience say start karta hay aor Trader ko chhy k woh Forex Trading main time day aor Forex Trading main thek planing karay aor Trading main right Trading kay methods ko Trading main use kar kay good profit earn karay

[Bindas36]

Gold trading is not suitable for all traders..
Gold trade is only suitable for those trader who have good experience and enough capital.
In trade with gold you have good capital.
Gold trade dangerous because its movement is very fast and in this thread you invest good money..
There is lots of chancesa to loss so its a risky trade.
When it goes into profit it will make you rich in a day.. This is a good sign of gold.

[salimah fx]

Yes, that is dangerous for new traders. The reason is that it is a high-level currency for trading. So, a beginner must learn everything needed to learn. Newbie faced many problems in trading so he had to overcome them before starting to trade with GOLD. and yes my dear gold is very dangerous for everyone if you don't have good knowledge in gold than you are unsuccessful in the gold trade because gold is a very dangerous online partner if you have a new trade if you don't have good and natural knowledge whether in business trading that does not trade gold is dangerous for you, and the central bank will assess a number of different factors when deciding whether interest rates need to be changed. So traders will check various economic announcements, and try to predict what the central bank will do next. The three most important are the consumer price index (CPI), employment data, and gross domestic product (GDP). and yes I agree with you gold trading is difficult for new traders and I say that we do our trading with experience and we know the right direction of the gold market and we know the price of gold and news about gold pairs and other updates related to gold and we have orders are good in the market and we have good investments so we trade gold pairs and we make good profits with the gold trade and Hi, gold trading is a very high risk if we have small equity, no matter we are beginners or old, because the spread 100 points high if I'm not wrong, [Answer]

[hujan]

Gold tends to trigger strong reactions from traders, making them put a lot of money in one trade, or add it to a losing trade. It is important to put aside your feelings and think of commodities only in terms of price action. Prepare a trading plan with a profit-to-risk ratio. and Hi, a business in rare metals is risky if we have a little money, no matter whether it's a beginner or an old timer, remember that propagating is usually a big 100 pips if I don't need to miscalculate, so every movement with 1 pips is usually too big, right- true risk free if we now have a lot of consideration. and There are more advantages in gold but are always more risky. Therefore it is good for new traders to avoid the gold trade because new traders have less capital and they do not have much gold trading experience. Moreover, the distribution of gold is 100 pips. so I think it's difficult for new traders to handle the gold trade. Once they become experience, they can trade gold to get more profits and Hi, gold trading is a very high risk if we have small equity, no matter we are beginners or old, because the spread is 100 pips high if I'm not wrong, so every move to 1 pips is too big, it's safe if we have many accounts

[jagal]

Gold is not dangerous for new traders if they know the basics about gold trading and they have little knowledge or experience about the gold trade so they have to trade with gold but without this you might experience heavy losses. Become a new trader, you must first learn some basics before trading gold. and new traders don't know the gold market price and they don't know the price is high and low that's why they face a lot of difficulties when they start trading with gold they need to get good experience of trading experience without having a gold trading experience traders don't earn a lot of traders losing their capital with the gold trade. and gold traders don't know how to make a lot of money for traders, he is a whirlwind seller, and he is a trader in a business that does his work, he has a lot of money for his business, I don't know how to do it, because I write books, but I don't know how to do it. For example, for traders to use the same information in the Empowerment field, it is necessary to use the person's name using the person's name, but it is very important that he has a lot of knowledge about how much money he gets.

[sumerach]

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,

[sumerach]

as i know The spread of gold is minimum 5 pips. Some Broker offer 4 pips too....
And Maximum 49 pips.

[setia]

Yes, that is dangerous for new traders. The reason is that it is a high-level currency for trading. So, a beginner must learn everything needed to learn. Newbie faced many problems in trading so he had to overcome them before starting to trade with GOLD. and yes my dear gold is very dangerous for everyone if you don't have good knowledge in gold than you are unsuccessful in the gold trade because gold is a very dangerous online partner if you have a new trade if you don't have good knowledge and experience whether in a trading business that does not trade gold is dangerous for you, and the central bank will assess a number of different factors when deciding whether interest rates need to be changed. So traders will check various economic announcements, and try to predict what the central bank will do next. The three most important are the consumer price index (CPI), employment data, and gross domestic product (GDP). and yes I agree with you gold trading is difficult for new traders and I say that we do our trading with experience and we know the right direction of the gold market and we know the price of gold and news about gold pairs and other updates related to gold and we have good orders on the market and we have a good investment so we trade gold pairs and we make good profits with gold trading

[dingin]

To transact gold requires some kind of experience and you can only have that kind of experience when you can understand that what is needed from trading arrangements, you must first learn and then carry out your strategy on the forex market, gold trading is considered dangerous for beginners in gold, volatility high and if you lose trade, you might be destroyed and I think trading through gold is very risky because; Gold trading has high spreads and you can lose all your amounts even in one trade. Therefore, you must update yourself about market trends when you trade through gold. On the other hand you have to use stop loss and low lot size to escape from margin calls. and I think gold is very dangerous, if we cannot trade gold, because in the movement of gold it is very much, so we as traders need to have more capital and that is the danger of gold trading, and we must be able to manage money well. and trade is very difficult for new bie. It requires sufficient knowledge and experience. They produce 80 pips per day with a good average level but not the best so that more knowledge is needed ... gold is not only a new enemy of risk but also for experts because several times he wants enough special knowledge to create great opportunities for lost

[ngomong]

relatively low abilities so that novice traders must be one thing that will worsen the quality of their trade, this is the reason why beginners are prohibited from trading gold, I think trading gold requires expert skills large enough to analyze and fund others. traders and Your Majesty, gold trading is the highest risk if we have little equity, regardless, we are beginners or big timekeepers, for spreads to rise by 50 points if I make no mistakes so that every move for 1 point is too big it's safe, if we have a big value consideration and Gold is difficult to predict and when you lose a loss it will be extraordinary. Maybe if we work in a simple way (and not only on forex), the first thing we need to do is try to understand in the case of forex, which means I try to find out why prices move or stop at a certain level. and trading gold is dangerous for new traders because gold points or checks are not less than one dollar and usually newcomer traders have fewer account balances. it's good that you can trade with currencies and if you want to trade with gold from your account size not less than 1,000 dollars.