This is the best time to buy
Gold.
But there is a problem....what is the best margin to use?
What is too much margin?
The average person fears using margin and that I understand.
So what is a fair margin?
First thing you have you need to
Understand is that the average business makes about 3x profits
Anything higher than 3x profits
Is usually a sign that the company
Is "cooking" the books.
If you have a good trading system
I think nothing higher than 5x margin
Then nothing lower than x1 margin
Again this is subjective..this is my
Risk Management system.
You will have to try out your
Trading system to see which risk management system you find comfortable.
Some people don't use margin
And would would rather buy the
Physical Gold.
Which is fine as well.
You will find the best strategy for
Your situation.
Looking at this chart :
1. The price is above the 50 EMA
2. The price is above the 200 EMA
3. The price is about to Gap up
This gap up will be confirmed once the price crosses the line shown on the chart.
Rocket boost this content to learn more 🚀
Disclaimer ⚠️ Trading is risky please learn Risk Management And Profit Taking Strategies.Also feel free to use a simulation trading account before you use real money.
Gold.
But there is a problem....what is the best margin to use?
What is too much margin?
The average person fears using margin and that I understand.
So what is a fair margin?
First thing you have you need to
Understand is that the average business makes about 3x profits
Anything higher than 3x profits
Is usually a sign that the company
Is "cooking" the books.
If you have a good trading system
I think nothing higher than 5x margin
Then nothing lower than x1 margin
Again this is subjective..this is my
Risk Management system.
You will have to try out your
Trading system to see which risk management system you find comfortable.
Some people don't use margin
And would would rather buy the
Physical Gold.
Which is fine as well.
You will find the best strategy for
Your situation.
Looking at this chart :
1. The price is above the 50 EMA
2. The price is above the 200 EMA
3. The price is about to Gap up
This gap up will be confirmed once the price crosses the line shown on the chart.
Rocket boost this content to learn more 🚀
Disclaimer ⚠️ Trading is risky please learn Risk Management And Profit Taking Strategies.Also feel free to use a simulation trading account before you use real money.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.