• 15:00 Canada - GDP Date: 11/27, 2020 23:10 • 23:00 Australia - AIG Manufacturing Index Date: 11/27, 2020 23:10 • 15:00 Canada - Building Permits Date: 11/27, 2020 23:8 • 14:30 USA- PCE Price index Date: 11/27, 2020 23:8 • 15:00 Germany - CPI Date: 11/27, 2020 23:7 • 12:00 Europe - Eurogroup meeting Date: 11/27, 2020 23:6 • 12:00 USA - OPEC Meeting Date: 11/27, 2020 23:5 • 03:00 China - Manufacturing PMI Date: 11/27, 2020 23:4 • 10:00 Spain - CPI Date: 11/27, 2020 23:4 • 02:30 Australia –PPI Date: 11/27, 2020 23:3 • 02:00 New Zealand - ANZ Business Confidence Date: 11/27, 2020 23:1
To gain profit from gold is easy! You can trade in precious metals and to profit from the difference in the prices, as in an increasing and in a down market. With a click of a mouse you can buy or sell the desired amount without the need for actual acquisition of the asset.
Gold is one of the most attractive instruments due to the constant growth of the price used by many traders as an alternative to riskier assets such as currencies and shares.
To get the profit is necessary to buy precious metal to wait its growth, and then to finish the deal. Resulting in a transaction for positive difference of the price rise - this is the profit of the trader.
- Trading of precious metals (spot price) is carried out in exactly the same way as trading currency.
- The minimum trading volume is 1 ounce for gold, platinum and palladium and 100 ounces of silver.
- Without commission to trade in precious metals
What means “Long” and “Short positions?
In trading slang, a long position is one in which the investor buys gold at a fixed price and aims to sell at a higher price. In this case, the investor benefits from a rising market. Short position is one in which the trader sells gold in anticipation of its devaluation and subsequent purchase at a lower price. In this scenario, the trader benefits from a declining market.
How to control the risk?
The most common tools for risk control in trading precious metals limit (Limit) and stop (Stop loss) orders. Limit order sets the maximum purchase price or minimum price for sell.Stop loss order ensures that a particular position is automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position. Liquidity of the market ensures that limit and stop orders will be easy.