Common Gold Question and Answers About Gold Trading

What is Gold practice account

A practice demo trading account is a free practice demo account given to a trader by a broker so that a beginner 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 gold 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 and 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 Trade is a technique and method 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 prices which show the general direction of prices either upwards or downwards. Indicators & line studies are applied on charts to identify where to buy or sell gold.

What is Gold Plan

A plan is a summary of all the techniques & rules that one follows when it comes to trading gold.

What is Strategy

A 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 of gold using gold trading programs that are programmed/coded to open/execute and close trades automatically. The automated systems are installed on the traders' trading platform & trade on behalf of one depending on the settings one has specified.

What is Strategies?

Gold trading strategies are methods & techniques used by traders to analyze & interpret the market and determine when to buy or sell gold and when to take profit.

What is Gold Exchange Rates

Exchange rates are the 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 & interpret the market & are added on the charts and they use studies to identify when to trade.

What is Robot

A trading robot is program is an automatic trading strategy

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 identify when to buy or sell gold, signals are generated by systems.

What is Training?

Gold training is a set of training courses in gold trading compiled by experienced traders as a curriculum for training of the new beginners.

What is basics

Gold basics tutorials will illustrate to traders the various concepts they should begin & start by knowing before beginning to trade the online 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 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 tutorials specifically designed & built 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 MT4

MetaTrader 4 is the software which one installs on their personal computer that facilitates connection to the online broker and transaction of trades, in other words it's the desk for the gold 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 & rating of products can be by of the website owners or by others who have used these products or that have traded with these online trading 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 sites are of many versions, learn trading web sites, broker web sites, gold trading review site. A trade wanting to learn should start with learn trading sites so as to learn the skills they require to trade profitably in the market.

What is Standard Account

A account where a trader requires more than $10,000 to open and will trade standard lots/contracts that move $10 dollars per one 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 one pip.

What is Micro Account

A account where a trader requires more than $100 dollars to open and will trade micro lots that move 0.1 cent per one 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 method 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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Common Gold Question and Answers About Gold Trading