Need help for Gold and Silver Investment

What type of money are you working with as you really can't get much better than Futures.. Or look at weekly options on etf's/miners which require alot less capital and more potential for upside gain.

Cheers,
Lazard
 
Quote from jplazard:

What type of money are you working with as you really can't get much better than Futures.. Or look at weekly options on etf's/miners which require alot less capital and more potential for upside gain.

Cheers,
Lazard
More...

I wouldn't take this too seriously. The OP has also asked similar broad/vague "How do I make money in forex?" questions but gave this definition of successful trader:

"A successful trader must be someone who has the ability to analyze the ups & downs of any currencies & commodities and can predict the future trends.

I will be glad if I can help you guys..........................."

Either a troll or totally confused noob.
 
I don't find your question very clear but if you have a micro lot account with FXOpen, you can click on the Marketwatch window inside Metatrader4 and right-click on a currency pair and click on "show all" to show gold and silver in the pull-down menu in the platform. They allow you to trade 0.1 (units of what I don't know, all I know is when I had a temporary loss once it was only $2, not $200 or $2000 but two dollars).
 
the question is quite broad, you can buy gold ang try selling it at a higher price, specially if the wife got lots of friends :)

another way is to trade metals, its somewhat like trading forex, though i trade with hotforex but never tried trading metals :)
 
I prefer Futures and Gold Miners ETF

GC - Futures - Volatile "spread and slippage can be costly if scalping",
I like it for position trades and occasionally momentum scalping when near my S/R levels

Gold - Miners

GLD - can be tricky, due to contango / backwardization and fund capital gains treatment

Perform your due diligence -- As a starting point

http://seekingalpha.com/symbol/gld?source=search_general&s=gld
http://seekingalpha.com/symbol/gold?source=search_general&s=gold
http://seekingalpha.com/article/366091-gld-capital-gains-need-careful-tax-planning
http://www.investopedia.com/terms/c/contango.asp#axzz1xTN7dqSn
http://etfdb.com/

FYI: More detailed Inquiry, would most likely produce more detailed responses

PS: Probably doesn't belong in the Forex threads...
 
Quote from jsp326:

I wouldn't take this too seriously. The OP has also asked similar broad/vague "How do I make money in forex?" questions but gave this definition of successful trader:

"A successful trader must be someone who has the ability to analyze the ups & downs of any currencies & commodities and can predict the future trends.

I will be glad if I can help you guys..........................."

Either a troll or totally confused noob.
More...

Just caught this... probably right...
 
You must log in or register to reply here.
Back
Top