I think forex is a place where you can play your game according to the timing. In many situations long term investment becomes profitable. Whereas sometimes you can play a big game in a day.
Please take a look around, and feel free to .
If any product is very fluctuating then it is always advised to trade that for short term basis to gain more profit rather than keeping your money blocked for long term. Metals like gold silver and other product like crude are very good for investing for mid term or long term.
I think trading in metals or other than pairs are requiring more capital and huge spreads. But then, that's what investor to be to have more investments in their trading no matter they plan in pair, commodities or metal because, they need to have appropriate capital for each of it.
[MENTION=51947]Decub[/MENTION] can you throw more light on metal trading? Is it done like normal forex trading and what are the requirements necessary for it? I think I've come across this topic in forex sites but i always ignore them because I'm still a newbie to forex.
Yes, thats true. Such an example, right now it is the best time to invest at gold. Price of gold is going down. But it will increase within 2 months. After 2 months it will again go down. So you can earn a god amount from it.
Yes, thats true. Such an example, right now it is the best time to invest at gold. Price of gold is going down. But it will increase within 2 months. After 2 months it will again go down. So you can earn a god amount from it.
[MENTION=482]glucoseguy[/MENTION] You can trade with gold with any amount you want. If you see the chart you will see gold market. It is simple to buy and sell. As it is only one product, you can buy it from order button. When you want to sell it, click the sell button.
[MENTION=90]riddick09[/MENTION] Iam not mentioning 2 months interval. You are right gold rates increases in supply and demand. In india we can easily trace that. Gold is use to make jewelries and ornaments. And in India demand of gold increases at the time of major festival or wedding season. Hence that time gold rates increases. After one month there is a major festival we call it Diwali. Before that gold demand will increase.
But you did made to have mentioned 2 months so, probably because of your country often have festivals it will be easy to understand the demand of gold and others to make it advantageous when gold will be worth to trade. Although, Gold is not just for certain country but it's worldwide still unpredictable.[MENTION=482]glucoseguy[/MENTION] You can trade with gold with any amount you want. If you see the chart you will see gold market. It is simple to buy and sell. As it is only one product, you can buy it from order button. When you want to sell it, click the sell button.
[MENTION=90]riddick09[/MENTION] Iam not mentioning 2 months interval. You are right gold rates increases in supply and demand. In india we can easily trace that. Gold is use to make jewelries and ornaments. And in India demand of gold increases at the time of major festival or wedding season. Hence that time gold rates increases. After one month there is a major festival we call it Diwali. Before that gold demand will increase.