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Want to Trade Gold – Know about THINGS that you need to Take Care.

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    Trading Gold is a secure way to make money against the negative effects of economic crises. It’s true that Gold is an ideal hedge for financial market risks. But still, there are drawbacks that are best avoided, especially for rookies. I am writing here some tips for new traders in Gold: Never Buy too Much:-  Gold is always supposed to be safe while the value of other assets may befall. You should hold no more than 3% of the portfolio in gold. Large gold holdings provide no income and the prices can be volatile. Have a clear understanding of strategy:  You should have a clear understanding of strategy if you are going to buy gold. You should not buy trades on the basis of how you feel about an asset or on advice from other traders – this will make your gold Trading process very unsystematic. Create your own plan and stick to it and make a profit. Keep a journal of each trade:  The person who learns from his mistakes will definitely get success. Every trader also needs to learn from

Top Forex Trading Strategies that Work Best

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    Forex Trading Strategy includes techniques used by all the traders to make a profit on Financial Instruments. Most of the Forex Trading strategies  based on Technical Analysis, Chart Analysis, Fundamental or news-based events. Here we are going to show Four Types of Strategies that are used by most traders.    1)  Position Trading:-  Position Trading is the oldest and longer-term trading   approach where a trader holds trades for a longer period of time maybe for a week, for a month, or for years. These types of trades less concerned with short-term fluctuations or news of the day unless there is a very big reason behind the stock they are trading. Position Trading is completely different from day trading as they make a profit in the primary trend rather than taking short-term profit or fluctuations. ·  ·          For Position Trading you need to understand the trend of the firm or industry. ·  ·          In Position Trading you may not make a profit every year. ·  ·          Appl