How do I consistently gain in forex, gold, futures, spot, option? Among those mentioned above , which is the fastest and safest to invest in? Is there any guidebook or forum for us to learn or interact each other relate those investment skills? - Seedly
Seedly logo
Seedly logo
 

Investments

Anonymous

Asked on 22 Aug 2018

How do I consistently gain in forex, gold, futures, spot, option? Among those mentioned above , which is the fastest and safest to invest in? Is there any guidebook or forum for us to learn or interact each other relate those investment skills?

what is a steady cash-generating method?

0 comments

4 answers

Answer Now

Answers (4)

Sort By

Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 24 Aug 2018

For the 'safest' among what you mentioned, options may be the one. Cos it is still possible to repair the trade if it goes against you. Not exactly the fastest earning but quite consistent, possible to get about 3% or more month on month or so. Don't really need extensive use of charts as well if you know how.

0 comments

👍 1
Gabriel Tham
Gabriel Tham
Level 9. God of Wisdom
Updated on 15 Sep 2018

Those you mentioned, there is no fastest or safest way. These are high risk products and require good knowledge of technical analysis for trading.

To learn more about trading:

Two really good books on candlestick charting are:

  • Japanese Candlesticks Charting Techniques – Steve Nisson

  • The Candlestick Course – Steve Nisson

You can find them in the library.

Other good trading books are:

  • Entries and Exits – Alexander Elder

  • Trading for a Living – Alexander Elder

  • Sell and Sell Short – Alexander Elder

  • Come into my Trading Room – Alexander Elder​​​

0 comments

👍 1

Financial instruments such as forex, gold, futures, spot, option etc are considered many to be risky, especially if you do not know what you are doing. For example, driving a car is dangerous unless you make the effort to learn how to drive safely. Likewise, trading in financial instruments is risky unless you make the effort to learn how to trade the instruments safely.

0 comments

👍 0
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jun)

Level 9. God of Wisdom
Answered on 26 Feb 2020

Sorry, my private point of view:

these are exactly asset classes that the retail investor surely should avoid given they are highest risk and often short term trading instruments, when even finance professionals cannot predict the price developments

0 comments

👍 0