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newbie

Discussion in 'Beginners Bootcamp' started by wilo1st, Apr 13, 2010.

  1. wilo1st

    wilo1st Recruit

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    Hi All,

    What would you say is the easy commodity to trade in as a complete biginner
    or does it not matter.

    I am still trying to get to grips with it all no real money used yet!

    wilost
     
  2. cowmadagan

    cowmadagan Sergeant

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    I'd say the commodity that you can use spastically small lots.

    In other words, I think it doesn't matter which commodity you deal in, the small term movements are outrageous. How it relates to forex is that perfect trades in AUD or EUR get completely botched frequently because of a move in gold, for example.
    While AUD and EUR are considered risk assets in the sense that they're high yield, gold doesn't yield anything other than price appreciation.

    I say that the short term movements are outrageous because they laugh in the face of technical indicators in my experience.
     
  3. townage

    townage Recruit

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    I would agress with cowmadagan in that short term movements are wild and technicals indicators dont always pick up these moves
     

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