How You Should Run Your Trades Like a Business
The biggest mistake people make with gold trading is treating it like a hobby instead of a business. Viewing gold trading as a hobby will only make you hobby-type money, and you’ll most likely lose more than you earn. The first step in treating your trades like a business is having a business mentality. Turning […]
These 5 Tips Can Help You Beat the Market
Beginner gold traders may have the attitude of wanting to dominate the market. That’s the right attitude to have, but it has to be backed up with smart decisions along the way. The truth is, the gold trading market can be beaten. It doesn’t happen effortlessly, but with the right strategies and discipline, you could […]
5 Ways to Improve Your Forex Trading
If you’re not constantly looking for ways to improve your gold forex trading, you’re likely not seeing much success. No trading strategy is perfect from the beginning. Whatever your strategy is, it will require a lot of tweaks along the way. The worst thing any gold trader can do is be stuck in their ways […]
An Insider’s Look at Inside Bar Trading
Most gold trading strategies rely on what the price of gold is doing. However, with inside bar trading, it’s actually more beneficial to focus on what the price is not doing. Using inside bars as a trade strategy is nothing new, but there are many different ways to look at them. Once you learn enough […]
Taking Advantage of Pin Bar Trading
Gold investors have to look at a multitude of different strategies to find the best one for them. The pin bar trading strategy can be one of the most effective once you learn exactly how to use it in your gold trading. The components of a pin bar include the tail, the nose and the […]
Developing Your Daily Forex Trading Routine
Anyone invested in gold trading needs to have a daily forex trading routine. The small actions you take on a daily basis lay the foundation for your success as a gold trader. In order to turn regular profits, you have to be consistent in your daily habits. Once you understand success with gold forex trading […]
How to Improve Your Forex Trading Schedule
Once you’ve been trading for a while, you will naturally start developing a routine. While a routine and schedule can be great, sometimes it can consume your life. You can imagine both the benefits and disadvantages of having a life-consuming routine, so it’s important to keep a healthy balance in your gold trading schedule. Here […]
Everything You Should Know About Automated Trading
The new thing in gold trading today is automated forex trading systems. However, while there are plenty of different automated systems on the Internet, are they really the future of online gold trading? Most of them will hook a beginner gold trader in by marketing their services as the dream scenario of being able to […]
Is Gold the Best Investment Option to Hedge against Inflation?
As compared to currency, gold is the real wealth. Many scholars have pointed out the benefits of gold in fighting inflation. In times of uncertainty, people turn to gold to hedge their savings against financial disasters. The upward rally of gold in the past few decades is a testament to the fact that people still […]
Three Main Fears that Trigger Increase in the Prices of Gold
Most psychologists say that knowing your fears allows you to overcome them. While our individual fears influence several aspects of our lives, our collective fears influence market trends. For example, the rise and fall in gold prices can be attributed to a number of fears that compels investors to buy or sell the valuable […]
