Thursday, November 8, 2007
Online Trading of Gold and Silver
Ever thought of investing in ever bull market of gold and silver, think now because unlike the olden days investing in gold and silver has never been easy. Trading gold and silver is very risky as it is high volatile market than currency trading. All you need is a pay pal account and a broker who offers this facility . Oanda.com is one broker which offer gold and silver trading and accepts deposits thru paypal , unlike other websites which needs e-gold for deposits, which I believe is a big pain in the neck .
Predicting the trend is never easy , Gold and Silver move 1000 pips (for more trading terminology check babypips.com) either way. Trader who want to trade them have to be emotionless. Look out for news every hour every news can be good or bad for both .Both of them pullback very strongly after a long bull or bear run, Always book profits before the pullback.
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