I am new in forex but don't know about gold

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  • #16 Collapse

    If you are new bie so you should not go to the gold trade earlier gold is the risky market for the traders because it's movement is to much high and it's needs the big capital for the better trading if you are experienced on the currency trading then you can go to the gold trading .
       
    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #17 Collapse

      you are new in forex world do not trade in gold, because trading in gold is very risky for all traders especially when you start with a small capital, less knowledge,your expectations high.in gold trading single shock and you will out. start with currency pairs and practice on it. there are a great profit in currency pairs. as far as concern gold do not keep in mind.
         
      • #18 Collapse

        As a newbie you shouldn't start with Gold trading because it needs lots of experience and good amount of investment also as the yellow metal trading is very much faster due to high volatility and for that reason we have to keep a good pips back up to protect the trading account .
           
        • #19 Collapse

          dear mate if you are new trader in this market then you should stick with the major currency pairs and avoid trading gold because gold is actually much more volatile than the currency pairs. One wrong move against your trade in gold and you have to trade with currency pairs
             
          • #20 Collapse

            Gold trading is just like any other asset class or currency pair you trade on forex. If you are not familiar with gold trading it may be a good idea to try it in a demo account first before trading it on a live account, when you have become confident that you can trade it profitably.
               
            • #21 Collapse

              Gold is a metal but instaforex allows us to trade gold also along with Forex. Gold is the trading favorite of many people and has become more popular in these days. Gold is quite volatile and can be a good bet when traded with discipline and proper analysis.
                 
              • #22 Collapse

                Gold is highly volatile Metal pair with USD in the Forex market. Gold can move up to 2000 pips some time . Trading in gold required highly strong experience of trading and having at least 3 months of experience at demo first with Gold . If you want to study the market behavior of Gold then Always open The lots size of 0.1 or maximum 0.2$ per trades and always trade with full of analyzing at higher time frame such as daily time chart
                   
                • #23 Collapse

                  Trading gold in forex is very challenging and risky and requires a lot of technical and fundamental know-how in the analysis and also how to place profitable trades with the precious metal. Gold is still the most volatile and such volatility allows the broker to increase the spread when a trade is placed and gold is also very liquid as prices move freely and one needs to properly understand the trade to be successful in it.
                     
                  • #24 Collapse

                    Well.. I think there's a thing which is more important than understanding about Gold trading mate. that's the risk management and also the supply demand law. I think those things are more important to know especially if you are still new in this business. try to learn about it and you will not be worry to trade in whatever the instrument, including gold trading
                       
                    • #25 Collapse

                      If you lack of knowledge about trade in gold, then make sure do not open position on you real account before have experience in demo account.
                      As you know, spread in gold is very big, gold movement is very agressive thats means you can margin call in short time.
                         
                      • #26 Collapse

                        If you still new in this market the first step you must do to open demo account and training on it for more time it is useful to you and when you trade and train at it collect information and choose good strategy but my advice leave trade at gold now to increase your skills
                           
                        • #27 Collapse

                          If you are new in forex, then you need to take training in demo account by maintaining patience, greed and concentration. If you have enough skills, then you need to do trading in real accounts. you can choose the currency pairs that is easy to predict
                             
                          • #28 Collapse

                            A newbie should practice on demo ,it is a vital and essential practice tool, if you are a newcomer so you should also trade on demo and all pairs are on demo account,you can practice on it and open trade just like live account only money is fake on demo but you can get your trading result just like live account.
                               
                            • #29 Collapse

                              I think that since you are a newbie in forex trading you should start with currency pairs first.Gold is much more fluctuant than currencies,so that it is much harder trading with gold than currency pairs,but trading gold is more profitable,this is true.As a newbie try to trade currency pairs successfully first.
                                 
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #30 Collapse

                                I am also new in this business, so i don't know anything about gold. But at the same time, gold to me is the most risky business in this trade that needs a lot of experience and skills before you can trade in it, otherwise you will just loose your capital. So i will advise you only trade with what you are good in it and be satisfied.
                                   

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