Gold transactions (and how to deal with it)?
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Thread: Gold transactions (and how to deal with it)?

  1. #1
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    Gold transactions (and how to deal with it)?

    I wish any extent with experience
    Explains how to deal with gold transactions
    And AT News that affect it are usually in the market.

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    Gold trading is not advisable to be traded by the newbie traders because of its highly volatile nature and if care is not taken, it can just wipe out trader's account within a very short period of time. The movement of dollar index really helps me to determine the direction of gold because the strength of gold is the weakness of dollars and vice versa.

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    Gold transaction is very expensive and require huge investment.If you have big capital to invest and proper knowledge and experience you can deal with the gold transaction.It is very risky investment as we have to invest a huge amount of capital and if don't have proper knowledge and experience we cannot deal with it.

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    Gold transaction is very expensive and require huge investment.If you have big capital to invest and proper knowledge and experience you can deal with the gold transaction.It is very risky investment as we have to invest a huge amount of capital and if don't have proper knowledge and experience we cannot deal with it.

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    Gold is the most volatide trading instruments, And infact it is more complex than the highest volatide currency pairs such as gbpjpy. And you need a separate money management. Because here pip value is difficult and complex than the currencies.

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  6. #6
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    yes gold transaction is expect by everyone.we always search for gold transaction.member of gold transaction is expected by everyone.
    we should always take care of them.

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  7. #7
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    Basically gold is commonly known as a commodity market whereby price movements are more driven by speculators than the actual purchasing power of the real market,which Is to say that the price of gold is mainly traded by online investors. Gold is also known as a safe heaven currency when the us dollar is experiencing economical and financial difficulties.

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  8. #8
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    In my opinion Gold should be used for investment for new traders as always stay long what ever fall you see, do not panic because in coming days may be in next year Gold will be always see new highs. SO trading is strictly not advise for new traders as you may not able to manage the margin . SO initial days trade with currency pair if you make profit then stay long in Gold with very small lot and be prepared for 100 pip fall to average another.

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  9. #9
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    Gold transaction is very difficult to control and to have continuous and consistent profits we need to have vast knowledge of markets not only from the technical points of view but also from the fundamentals view as Gold is affected by global economy so as a new trader we should not go for trading Gold.

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  10. #10
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    You know gold is a high profitable currency. Forex traders are need here good experience. Beacuse without good experience do trade on gold thats not good for forex traders. Forex every traders are need good learn first and analysis market. After a forex trader very easily do trade with gold.

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