Thursday, May 24, 2007
How to trade gold an oil?Is it all online like stocks?If yes do brokers offer leverage like in forex? -
Is it harder to predict the price of gold and oil or the price of stocks and currencies? yes it is online and no You can buy and sell both gold and oil futures. All futures are bought on margin (leveraged) so yes, like forex. But you need to set up an account with a commodities broker to deal this way. You can also buy exchange traded gold and oil related companies on line so this is something to consider too. There are times when gold and oil price movements are glaringly obvious and times when they are not. Same with currencies. The best investors wait for a no brainer opportunity and are patient as this can take years.
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