New to Bullion trading

Discussion in 'Introductions' started by bouttomakebank, Feb 19, 2012.

  1. bouttomakebank New Member

    Hi guys,

    I'm currently a college kid, a freshman to be exact. I'm fairly new to Bullion trading, but I have experience with forex trading. I've dabbled in trading gold and I've gotten killed by it. I lost 1000 dollars in less than 1 hour.

    I'm here on this forum to learn about trading gold and silver now because I'd like to "avenge" my loss. Do you guys know any brokers that have an option for trading gold/silver and forex as well?

    Also, this question may be irrelevant, but what is the USA30 index?
  2. Peter T Davis Administrator

    Welcome aboard! Personally, I'm very weary about short-term speculation in precious metals like you're talking about. IMO, a better use for gold and silver is as a hedge against inflation, or God-forbid, hyper-inflation.
  3. visionrafael84 New Member

    Day trader here. My first thing I want to say is don't get personal with anything in the market. Trying to avenge a loss is why millions and millions of people went broke.

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