At present, more and more investment and wealth management products are available in the market. If investors want to create an ideal return from these many trading products, it is best to choose according to their own needs. Spot gold trading is very popular. However, you need to fully understand the characteristics of spot gold transactions in order to make better use of product features to achieve expected returns.
1. Free time and flexible trading
The trading time is continuous. During the trading day, it can be traded at any time, so there is rarely a large gap. Despite you find that the market is unfavorable, you can easily switch from buying to selling and change your strategy at any time. The trading time is almost 24 hours a day, which is especially suitable for those who prefer night trading.
2. Short selling mechanism
Moreover, one of the main features of spot gold trading is the short-selling mechanism, which is not the same as investing in stocks and fund warrants. In other words, it is possible to make money even when the market is falling, and so the opportunity is doubled.
3. open to the market
The international spot gold market is open to the world, open and transparent, with a daily trading volume of several trillion US dollars. It is difficult to have a market maker and is suitable for various types of technical analysis.