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

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  • #31 Collapse

    Gold is the last thing we should learn as if we are good enough in currency pair that is seriously good and profitable so we don't have to worry about Gold or any other metal as not only they are risky but requires big amount of investment which a newbie mostly cant afford.
       
    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #32 Collapse

      i have heard from many traders that gold trading is risky but i must say that though it is risky but at the same time we have much chance of gaining more money from gold trade. we just need to follow gold market trends, its price fluctuation and then start trade with gold. it is volatile and liquid also, so we need to be very much careful.
         
      • #33 Collapse

        If you are new as you have claimed to be in forex, then i will give you this simple advice that you should jus put all your energy and attention on currency trading for now and allow metal which are consider to be exclusively for the experienced ones. It is a little too early for you to be looking into metal, please take it one after the other.
           
        • #34 Collapse

          As i know gold trading is as like other pair and it's also true gold trading is so much profitable if you keep trading with big capital. As you mention you are newbie in forex market. For you my advice is avoid gold trading as long as possible because this pair bear high spread and need high capital.
             
          • #35 Collapse

            As far as i know if you are a newbie to the forex trading and want to learn and earn money from the starting then i advice you not to choose gold becuase it is a very high fluctuating commodity and you need a very sound knowledge of market and chart reading to make money from gold.
               
            • #36 Collapse

              if you are new in the forex then there is no need to even touch the gold first play on the demo account and then think about it which is the good strategy of working on the forex and making money in my point of view that the gold is the most unpredictable thing in the forex and if you don't have the sufficient knowledge of gold then you have to play in the currencies
                 
              • #37 Collapse

                I think that when a new trader join in the Forex market then he do not know all Forex business system.I take training for the money currency but when we doing trade with the gold those gold is very costly and this gold business is very risky in the new trader.
                   
                • #38 Collapse

                  hellow i also did not know about gold but i think if you want to trade on gold you need bigger capital to make deposit because in gold there are soo big spread that takes and means that you have to prepare more bigger capital and good money management for trade in this pair
                     
                  • #39 Collapse

                    It is okay as a newbie you want to know about gold trading too but you also should know that gold trading have more bigger risk rather than currencies trading.. so my suggestion is it will be better for you to focus your self to learning with a currencies trading first before you want to jump in into a gold trading.
                       
                    • #40 Collapse

                      if you are a new trader then you don`t try trade into gold.because,gold have a big movement in the daily base.for trading into gold you learn first and practice on demo account and increase own experience.when you consider that your trading result improved then you do trade in the gold.please be careful.
                         
                      • #41 Collapse

                        in forex market we can trade on both currency , meterial and commodities . and gold is in meterial section . and gold market moves with high volatility. gold market move the opposite of us dollar. gold market is much critical and difficult but if we can learn the gold trading it will be much profitable . cause its movement is high .
                           
                        • #42 Collapse

                          actually i think that if you are new in this forex trading business then it will be better for you that if you not think about trading in gold in this forex trading market, because gold is very risky metal specially for a new trader and it need allot of experience and big account balance otherwise it mostly gives losses.
                             
                          • #43 Collapse

                            If you are new alike you have said, then i am welcoming you to this noble business, i said noble because many descent gentlemen are here making cool money in his business. i will like you o take me as your friend and so i will advice you like my friend.Try and learn forex very well before you come into live trading and when you do, do not start with too big capital and try to trade currencies rather than gold so after you are perfect in currencies, then you can trade on gold
                               
                            • #44 Collapse

                              Was also able to learn the currency market, also the trade in minerals, especially gold, which needs a special style in dealing differs from the currency in terms of analysis and price trend.
                              Thanks,
                              Best regards.
                                 
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #45 Collapse

                                If you are newbie maybe you should not be so worried in learning the way of trading gold, my friend; you should learn firstly the basics of this business through the practice with a single currency pair, and when you have achieved the experience enough, you would test your skills in Gold, but not before.
                                   

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