Don't get sucked into trading the trend when the moves are not your friend.
Posts: 194
Member since: 26/04/2012
Its a forex trading and here anything can be happened and i think its better to not to give up if we suffer a loss over here because its a business and anything can be happen here.
Posts: 9
Member since: 06/03/2012
Gold and silver are quite tricky to trade. Only trade these two currencies if you already know how to read your indicators. Also, spread your risk low by making many trades on these two with small lot sizes.
Sometimes when the indicator suggests a reversal pattern the opposite would usually happen i.e. the price would begin to range. This especially happened during during last week i think when EU was in a dilemna with the greek problem.
The government watches over the people. But who watches over the government? It's the corporations.
Posts: 359
Member since: 21/05/2012
The majority of gold and silver are held by a few hands, so it is highly manipulated. DO you remember when silver fell from $49. That was a huge short position that was bigger than the market to create that drop. The same thing happens again and again with gold and silver - I don't like to trade them on a daily basis, unless there is something really really standout.
Posts: 94
Member since: 26/04/2012
if you are forex trader then you should have to keep in mind that you should be more innovative to be a successful forex trader and just avoid giving up in your life.