Thread: Trade gold and make money

Originally Posted by Billy Prince

If making money with Gold was ever so easy, I bet most people would have left doing currency trading and started doing this only, so obviously the mindset is absolutely wrong and silly because Gold needs so much more capital as compare to currency pairs and all that while it’s seriously risky too! I believe currency trading is far easier and requires less capital, so that’s why I prefer that only. I work with OctaFX broker where I use currency pairs only and it’s so much easier for me given the low spread that they have got for it while another great benefit for me is their 50% bonus on deposit which too gives me great strength in trading well.

If I think that trading for the gold it would be very risky because of fluctuations in the price is really hard to predict, if we are still in the beginner's level is better to avoid trading on greater risk and certainly better to play safe so that we will be more calm in trading on forex market

I am sorry, but if anyone is suggesting new comers to do trading on Gold then the person needs to be ignored. Gold is probably the last thing you will suggest beginners to trade on, it’s far tougher than Gold and will only end us up in massive losses, so that’s why we got to be sure that we don’t do anything silly. I have learned a lot from Baby Pips while even my broker OctaFX is excellent as far learning is concern through their educational guide, so that’s why I am able to perform well and I clearly understand the risk that’s present when we go with trading on Gold with low investment and many lose up fairly quickly before we even know it!

Trading in gold as a trading tool now often used by traders to make money. in TICKMILL, now there is a contest Gold rush - Trade gold get gold. Where a trader or IB may have the opportunity to get gold in every trade with gold

See mate, we don’t need to worry about Gold or anything like that, we just need to make sure, we trade with positive mindset and good strategy, if we do that then we have better chance at performing no matter which instrument we select up with.

Originally Posted by Clark Kent

See mate, we don’t need to worry about Gold or anything like that, we just need to make sure, we trade with positive mindset and good strategy, if we do that then we have better chance at performing no matter which instrument we select up with.

a positive mindset and strategy is not in the can by a trader in an instant, all his needs in training, advice separately traders especially novice traders to be able to train the ability and mindset to trading on a demo account, see the funds in use in a demo account form virtual so that it can minimize the risks that could occur

Agreed, it is in this world no one instant, as well as in the world of forex trading. If we want to become a successful trader who has an excellent trading skills, it will not happen by itself, but it takes effort to exercise and discipline.

Originally Posted by gaban

Agreed, it is in this world no one instant, as well as in the world of forex trading. If we want to become a successful trader who has an excellent trading skills, it will not happen by itself, but it takes effort to exercise and discipline.

Surely we need to be discipline when trading because it's the key for us to get success in forex trading. Do not forget to more improve skills to make us earn more profit. Beside that try to maximize promotions from broker like given by Freshforex.

really everything instant surely will not last long. we will have the capability of forex trading itself will not be in the can in an instant, all going through the process of training or any of the mistakes that we made.

Originally Posted by Uncle Gober

really everything instant surely will not last long. we will have the capability of forex trading itself will not be in the can in an instant, all going through the process of training or any of the mistakes that we made.

As a good trader, we should be willing to proceed, because doing so will improve the ability trading we have so well that we will be able to trade forex with the maximum and we will be able to produce a higher profit in forex trading.

Originally Posted by gaban

As a good trader, we should be willing to proceed, because doing so will improve the ability trading we have so well that we will be able to trade forex with the maximum and we will be able to produce a higher profit in forex trading.

I think that trading for the gold it would be very risky because of fluctuations in the price is really hard to predict, if we are still in the beginner's level is better to avoid trading on greater risk and certainly better to play safe so that we will be more calm in trading on forex market