10:58 PM
The subject of gold trading electronically or gold trading contracts margin through the Internet is subject to a lot of research these days.
Many are looking for how to trade gold online and the best broker and company to start trading online in the world gold market.
One of the fundamentals of trading in the gold market is the following:
1 - Gold point is measured in cents according to the price of gold ounce against the US dollar.
Example:
If we say for example that the price of gold ounce is now 1350 US dollars per ounce.
The point in the price here is every 10 cents, so moving the price 10 cents means moving one point.
If the price rises from 1350 to 1350.10 one point rose.
If the price rises, for example, from 1350 US dollars per ounce to 1,351 US dollars per ounce, we would say the price rose 10 points.
Many are looking for how to trade gold online and the best broker and company to start trading online in the world gold market.
One of the fundamentals of trading in the gold market is the following:
1 - Gold point is measured in cents according to the price of gold ounce against the US dollar.
Example:
If we say for example that the price of gold ounce is now 1350 US dollars per ounce.
The point in the price here is every 10 cents, so moving the price 10 cents means moving one point.
If the price rises from 1350 to 1350.10 one point rose.
If the price rises, for example, from 1350 US dollars per ounce to 1,351 US dollars per ounce, we would say the price rose 10 points.
However, if the price rises from 1350 US dollars per ounce to 1360 US dollars per ounce, it will rise 100 points.
100 points Why? Because it rose at a price of 10 dollars, including 10 cents hit 100, which is 100 points.
Of course in the case of decline the same calculation if the price fell, we calculate the same method.
2 - The circulation of gold through the Internet are gold contracts according to the margin and not ordinary gold.
If you sell and buy gold contracts and not material gold material.
If we say for example that you bought a capital of one thousand dollars gold at a price of 1350 dollars an ounce, it means you bought gold contracts.
According to the margin or the ordinary leverage of 1: 100, one thousand dollars buys gold contracts worth 100,000 US dollars.
If the gold here is traded with contracts is not real gold, but only contracts over the Internet.
Gold is also traded based on the margin or leverage system How?
Trading in gold according to the leverage means multiplying your capital by hundreds of times so that you can trade in gold to weaken your original capital.
Example :
If, for example, the margin is 1: 100, the capital of the gold trading portfolio, for example, is 1000 USD.
You can trade in gold worth 100,000 US dollars.
If gold trading online depends mainly on margin or leverage.
100 points Why? Because it rose at a price of 10 dollars, including 10 cents hit 100, which is 100 points.
Of course in the case of decline the same calculation if the price fell, we calculate the same method.
2 - The circulation of gold through the Internet are gold contracts according to the margin and not ordinary gold.
If you sell and buy gold contracts and not material gold material.
If we say for example that you bought a capital of one thousand dollars gold at a price of 1350 dollars an ounce, it means you bought gold contracts.
According to the margin or the ordinary leverage of 1: 100, one thousand dollars buys gold contracts worth 100,000 US dollars.
If the gold here is traded with contracts is not real gold, but only contracts over the Internet.
Gold is also traded based on the margin or leverage system How?
Trading in gold according to the leverage means multiplying your capital by hundreds of times so that you can trade in gold to weaken your original capital.
Example :
If, for example, the margin is 1: 100, the capital of the gold trading portfolio, for example, is 1000 USD.
You can trade in gold worth 100,000 US dollars.
If gold trading online depends mainly on margin or leverage.
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