Long term investment

Previously i can't login to TradeInterceptor after the app update. I thought it is due to my FXCM demo account expired. Later I found out I used wrong username and password to login. Thus I didnt monitor my trade for about a month time.

The last moment I login to FXCM via TradeInterceptor, my account suffer losses more than USD$15k due to sharp drop in gold and silver price. At that moment, I

Terrible drop in Gold and silver price

Silver price continues to drop.
Gold price suddenly drop.

My account balance also drop :-(

Forex is really a risky trading due to its nature of high fluctuations












posted from Bloggeroid

Silver price drops drastically

Silver price drops drastically after Comex increased the margin requirements for trading silver.

I suffer big losses in silver trading. It was my mistake. I shall not go against the news. I already read the news of margin increase on silver yet I continue to open new buy trade in hoping the silver price will bounce back.

Well, I have enough money in account to wait for silver to bounce back but

Gold and silver price fall slightly

Both gold and silver have jumped to history high price last 2 days and fall down slightly.

When I saw its price is going down and caused me losses(I bought in near the highest price), I open pending buy limit.

And now, the gain I get from the buy limit order managed to cover the loses ftom buy order near highest gold price.







posted from Bloggeroid

Silver is also a good investment besides gold

Price of silver rose more than double since last year Oct. 100% return in six months time

Silver XAG/USD is an alternative good investment other than gold.





posted from Bloggeroid