Wht r the risks of day trading precious metals? - precious metals trading
My friend and I have given the money boys in our school. Boys have been committed to providing a total of $ 10,000. My friend said that trading day from the sale of copper or silver, and from a profit of 10 cents per share, while increasing the period of one year and a half, our $ 10,000 to over 100,000 U.S. dollars. the Commission's ability from free trade, but they do not have to pay some kind of slip (sure what I am, however, is about $ 30 per sale), but even with this advantage of my friends seem to optimistic forecasts. would this type of operation during the period of 5-10 times per week, for about a year and a half. What are the problems with this system to get rich quick? that seems too good to be true at the plant he described. i havent be able to talk to him b / CI know where enough. Please explain the risks and what we do to make this work when she hit in the face. Thanks
Tuesday, January 19, 2010
Precious Metals Trading Wht R The Risks Of Day Trading Precious Metals?
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4 comments:
Short answer: You will lose all or most of their money.
My answer: The market, a market moves against you always difficult to take the money at the wrong time. $ 30 to a "pay slip" is more than a committee can be as low as $ 1 Gold trading available to everyone, which means why Everbody not rich? and B: you can thwart the Swiss bankers, not to mention NYC?
Short answer: You will lose all or most of their money.
My answer: The market, a market moves against you always difficult to take the money at the wrong time. $ 30 to a "pay slip" is more than a committee can be as low as $ 1 Gold trading available to everyone, which means why Everbody not rich? and B: you can thwart the Swiss bankers, not to mention NYC?
You can not day traders with only $ 10,000.00 USD.
Big risks for day trading, as most people have lost a lot of money! It is a great bet, and if trading day, make sure that the best brokers, online broker is usually not stated price for the delay!
Day trading is as if one of the casino!
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