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Gold Trading

Written by ForexCult Team
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Gold Trading In this article, I am going to take the time to tell you a little about gold trading. In this article, I hope to be able to tell you everything that you are going to want to know when it comes to gold trading. However, if you want to learn the material make sure that you take the time to read over it and that you take the time to familiarize yourself with the material that is going to be provided. You can’t learn something by looking at it one time, you are going to have to concentrate on the information and study it. Thriving Gold Trading So, I guess you are probably wondering why there is a thriving gold futures market that is full of gold trading. In this paragraph I would like to tell you the answer to this question. The truth of the matter is that the physical bullion markets take the time to repel private types of bullion investment for the actual reasons of cost as well as transparency and the convenience and due to this fact as well as the requirements that are short term of the gold speculators there is absolutely a gold futures market that is thriving. You should be bale to meet any of the speculators requirements by actually having a standardized as well as a transferable quarterly. Advantages of Gold Trading As with other forms of trading there are also advantages of gold trading as well. The first advantage of gold trading that you will be able to benefit from is the fact that for the traders that don’t particularly like custody, gold trading allows the ability to eliminate the actual hassles as well as the costs of the settlement as well as the storage. This also is what reduces the costs greatly. The second advantage that you will have is that the investors don’t actually need a great amount of money to participate. The number one factor that seems to play a significant role in an investor trying to trade is the amount of the money that it costs to get started. The third benefit of gold trading that you will have is that the traders can also short sell. The fourth benefit that you will get from the gold trading is that all of the participants are able to trade the exact same notional rights. The last benefit that you will have from gold trading is that there is a greater level of liquidity that is able to provide what is known as a reliable price that is in real time. Risks of Gold Trading As with any other type of trading there are also risks that accompany gold trading as well. As you know there is always the risk that the prices are going to go the wrong direction however there is one risk that you should also know about when it comes to gold trading and that is the actual risk of a default that is going to take place during a certain period from the trade to the settlement date this will leave someone that is entitled to the actual profit but will not be able to actually collect it. All of this is mitigated by one thing and one thing alone and that is margin. In which the margin is actually collected as well as managed by a person that is known as a clearer on the actual behalf of the actual exchange. As you know if any other type of trading, it is important that you take the time to educate yourself on the type of trading that you are going to be doing. Gold trading is the same as any other type of trading and it is important that if you are going to be participating in the gold trading that you take the time to learn everything there is to know about the type of trading. The first thing that you are going to want to learn is the basics. Once you have learned the basics, you are going to want to make sure that you take the time to learn about all the advantages as well as the disadvantages that are associated with the market. In this article I have taken the time to tell you about the advantages however if you would like to learn about the disadvantages all you have to do is get online and look up the type of trading that you are interested in and you will be able to find everything that you need.

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Interview with Matthew Sheppard

Senior Forex Advisor at XForex


1. What is your name and position?

Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?

In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?

We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?

Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?

Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..

Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?

My advice to the beginning trader entering the Forex world is as follows:
  • Learn the market and understand what you’re getting into.
  • Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
  • Invest smartly and calculate your risks.
  • Always know when to get out of a trade.

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