Jan 4, 2012 - Gold    No Comments

“Rules” for Trading Gold

  1. What is your motivation: diversifi cation or appreciation?
  2. For what time frame are you considering holding gold?
  3. What is your view of the U.S. dollar?
  4. How has gold performed against the euro and other currencies?
  5. What is the geopolitical picture?
  6. What is the market sentiment?
  7. How much attention is gold receiving?
  8. Have central banks or sovereign wealth funds announced plans?
  9. Take a look at the charts.
  10. Do you want allocated or unallocated metal?
  11. Never trust silver!

Yet Another Related posts:

  1. Properties of Gold
  2. Mistake #1 – Trading without a plan
  3. 7 Mistakes Every Gold Trader Must Avoid
  4. Mistake #2 – Getting emotional about gold
  5. Mistake #6 – Trading with the herd

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