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    Thread: If Gold trading is much Risky then why people trade on Gold?

    1. #51
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      Although Gold is considered as risky in trade but most of traders like to trade it very much because of its lot of qualities even some traders get loss in gold trading. But traders love to trade gold because
      == Gold is counted in metals and many countries depend on metal production and it export
      == Gold moves in high speed in chart that's why people want to get profit very soon so gold gives them early profit
      == If you enter in market with good analyses, you can earn lot of money in gold trading
      == In short time you can become rich or poor in gold trading
      == Gold trading is very risky and no risk no profit
      but I suggest that new trader should not trade of gold, first to trade only currencies, after getting experience in trading no issue for trading in gold


    2. #52
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      Gold is not risky to me, it is normal to say that the financial market trading assets are risky in general, but saying that the gold is more risky is not what i agree with, because the gold is even considers as one of the "Safe Haven" assets in the market, which is against many other risky assets in the same market. However, it is good to trade the gold professionally, and the traders of the gold must work on the good strategy to trade the gold, and also use the appropriate money and risk management to trade the gold.

      Gold can be traded online by traders, it can be bought on wallets to keep in order to appreciate, it can be bought physically too, that makes it better in working with, it is not really risky.

      When traders can trade the gold with a good long term strategies that are good to make higher percentage of profits, it is better in that way, gold trading can be riskier only to the traders that think they can trade the gold with scalping. In that case, it will be that it is the trader that is looking for the trouble of the gold trading, not that the gold is the one that is so excessively risky. The gold is moderate in its risk, only that it is volatile, and that volatility is not having the value of risk that the normal currencies would have, this is because the pricing of gold is different to that of the normal trading of the currency assets in the forex market at large.


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