Can i make more money faster by trading gold or currencies?
October 14th, 2008
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You can lose money equally fast in either.
In trading currencies you are allowed to have 100 to 1 leverage. Which amplifies currency price fluctuations 100 times.
But in trading gold the most you can get is a 1.5 leverage by trading gold ETF’s and stocks of gold mining companies on the stock market.
You can make money faster by trading currencies. But you can also loose money faster by trading currencies. Because with a 100 to 1 margin, your risk of loosing money is amplified 100 times.
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