Gold in my opinion is more likely moves against the news stuff.Gold moves in a trend more than other assets that's why medium and long-term bets make more sense rather than scalping.
Gold in my opinion is more likely moves against the news stuff.Gold moves in a trend more than other assets that's why medium and long-term bets make more sense rather than scalping.
I have recently done some of my trades in the Gold and they were profitable for meGold in my opinion is more likely moves against the news stuff.
It does happen that many of the traders who are Newbie are joining the business of the Forex trading without any knowledge about how it works.Every newbie must to know that trading is not a get rich quick game. It needs a lot of hard work and even then the success is not 100% sure. Also they must not risk what they can`t afford to lose.
I was thinking the same, for newbies gold is not the suitable option to start trading with as it requires a good margin to invest.Gold is definitely one not for newbies in my view as pip value is massively different from your standard currencies
Sure but nobody can`t prevent anybody from his own mistakes. With other words some newbies must learn their lesson by the hard way.It does happen that many of the traders who are Newbie are joining the business of the Forex trading without any knowledge about how it works.
And then they will also open the trading without any knowledge about the currencies in which they are actually doing their trades.
One trade is a limited view, the measure should be to trade a series of trades and then make judgementWhat do you need to know when you join forex trading? Yes, your goal is definitely to make money. But how to make money? You need to choose a product that you are familiar with or that you know.How to determine the transaction time? You need to have a professional analysis, or have a professional person to help you analyze it.I can directly say that I have experienced great ups and downs in foreign exchange trading, so I know the market very well now. The product I invest in is XAUUSD. I have analyzed the trend of gold plummeting in June. I went short, and One transaction realizes the freedom of wealth
Very limited for sure but if he want he can share some setups with us and we`ll see how`s he doing.One trade is a limited view, the measure should be to trade a series of trades and then make judgement