Common Gold Question and Answers About Gold Trading
What is Gold practice account
A demo trading account is a free practice account given to a trader by a broker so that a trader can learn the platform which is the real tool that is used to trade the market.
What is Trade Analysis
Gold analysis is a method of analyzing xauusd trading prices using charts and studies known as technical indicators.
What is Software
Gold Software is the software installed on a traders PC or laptop that is used to open & close trades & analyze charts at the same time displaying gold trading rates of trades
What is Intra-Day Trading
Day trading is the method of trading where a trader opens and closes trades during the same day.
What is Scalping Trading
Gold scalping is the method where a trader opens & holds trades for less than 5 minutes & opens many trade transactions during the day.
What is Swing Trading
Swing Trading is a technique of trading where a gold trader opens trades for a couple of days so as to earn profits from the market swings.
What is Charts
Gold charts are graph representations of trading prices that show the general direction of trading prices either up or down. Indicators & line studies are applied on charts to determine where to buy or sell gold.
What is Gold Plan
A trading plan is a summary of all the techniques & rules that a trader follows when it comes to trading gold.
What is Strategy
A trading system is a set of indicators that use a set of guidelines to generate trading signals.
What is broker
A broker is the intermediary who transacts and facilitates trades to access the online market.
What is Gold automated trading
Gold automated trading is the trading of gold using gold trading programs that are programmed to open and close trades automatically. The automated trading systems are installed on the traders' trading platform & trade on behalf of a trader depending on the settings a trader has specified.
What is Strategies?
Gold trading strategies are methods used by traders to analyze the market and determine when to buy or sell gold and when to take profit.
What is Gold Exchange Rates
Exchange rates are the trading prices at which a trader will buy or sell gold when transacting in the market. Gold exchange rates are determined by market forces and will fluctuate from day to day.
What is Indicators
Indicators are tools used to analyze the market & are added on the trading charts and they use studies to determine when to trade.
What is Robot
A trading robot is program is an automatic system
What is Mobile Trading?
Mobile trading is the use of phone applications that are installed on the traders' mobile phone to trade gold.
What is Trade Signals?
Gold signals are methods used to determine when to buy or sell gold, signals are generated by systems.
What is Training?
Gold trading training is a set of training courses in gold trading compiled by experienced traders as a curriculum for training of the new beginner traders.
What is basics
Gold trading basic will explain to traders the various concepts they should begin by knowing before starting to trade the market.
What is Gold guide
Gold trading tutorial is a specific type of learning material that teaches a trader a particular topic or concept about trading the market.
What is Gold learning
Gold trading learning is what every trader should first of all do before opening a trading account to trade with.
What is Gold for beginners
Beginners is the set of guides specifically designed for traders wanting to begin trading.
What is Gold guide
A trading guide is a trading step by step guide that has tutorials that a beginner trader can use to learn what is trading how does it work?
What is MetaTrader 4
MT4 is the software which a trader installs on their personal computer that facilitates connection to the broker & transaction of trades, in other word it's the trading desk for the trader.
What is Gold review
Gold trading review web sites will talk about the review of different gold trading products, gold trading sites and trading brokers. The review of products can be by the site owners or by other traders who have used the products or who have traded with these trading online brokers.
What is Gold Morning Trade
Gold morning trade is a method where a trader only trades during the morning hours which are the busiest times to trade the market.
What is Gold sites
Gold trading sites are of many versions, learn trading sites, broker sites, gold trading review site. A trade wanting to learn trading should start with learn trading sites so as to learn the trading skills they require to trade profitably in the market.
What is Standard Account
A account where a trader requires more than $10,000 dollars to open and will trade standard lots that move $10 dollars per pip
What is Mini Account
A trading account where a trader requires more than $1,000 dollars to open and will trade mini gold lots that move $1 per pip
What is Micro Account
A trading account where a trader requires more than $100 dollars to open and will trade micro profit lots that move 0.1 cents per pip
What is Gold Forum
Gold trading forum are gold trading sites where traders can go to discuss their strategies & trading analysis with other traders.
What is News
Gold trading news strategies is a technique of trading the economic news reports where traders will ascertain whether to buy or sell a trade depending on the economic news reports
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