What is spot gold
Spot gold (also known as international gold and London gold) is a current transaction, which refers to delivery after the transaction is completed or within a few days.
It is also commonly called spot gold as the largest stock in the world. Because the daily trading volume of spot gold is huge, the daily trading volume is about 2 trillion US dollars. Therefore, no consortium or organization can think that controlling such a huge market depends entirely on the spontaneous adjustment of the market. There is no banker in the spot gold market, and the market is standardized, self-disciplined and sound.
Spot gold trading is a kind of contract trading based on the principle of capital leverage. According to the trading standard of international gold margin contract, the right to buy 1 ounces of gold at the price of one ounce. Use the trading right of this 1-ounce gold to buy up and sell down, and earn the difference profit in the middle. And if you make up the difference, you can extract physical gold. Minimum 1 ounces.
what is spread?
spread is the difference between buying and selling. When a gold dealer and a bank make a quotation, they will quote a lower buying price and a higher selling price. The difference in the middle is their profit. Usually, the difference between buying and selling spot gold is .5 USD/ounce. For example, a gold dealer wants to buy gold, and his bid is 945. USD/ounce, and he sells gold at the same time, and his offer is 945.5 USD. If you want to buy gold, you can buy it at 945.5, and if you want to sell gold, you can only sell it at 945..
what is a deposit?
margin trading, also known as virtual trading and deposit trading, means that investors use their own funds as a guarantee to enlarge the financing provided by banks or brokers to conduct spot gold trading, that is, to enlarge investors' trading funds. The proportion of financing is generally determined by banks or brokers. The greater the proportion of financing, the less money customers need to pay. The international financing multiple is also called leverage. For example, the standard contract in the market is 1, yuan per lot. If the leverage ratio provided by the broker is 2 times, the buyer and seller need a deposit of 5, yuan. If the leverage ratio is 1 times, the buyer and seller need 1 yuan margin.
gold margin trading means that in the gold trading business, market participants only need to pay a certain percentage of the price according to the total amount of gold trading as a performance guarantee for the physical delivery of gold. At present, there are both gold futures margin trading and gold spot margin trading in the world gold trading.
features of margin gold investment:
feature 1: leverage principle-low investment, high return, and high capital utilization rate
leverage amplification effect is achieved by controlling positions.
For example, an investor opened an account with US$ 1,, and the price of London gold was US$ 658.4/ounce at 2: on August 1th, and the investor bought primary gold and used it for 6 yuan. Westbank > The customer bought gold worth $ 1*658.4=6584 with only $658.4, and the margin ratio was 1: 1. When the gold price rose to $676.8 per ounce at 23: on the same day, the investor sold the gold, so his profit was (676.8-658.4) * 1 = $184.
For example, at 22: on August 16th, the price of gold was 663.5 USD/oz. After analysis and judgment, the investor thought that the market was going to fall, so he sold a short hand at this price, and the price of gold fell to 653. USD/oz at 23: on the same day. At this time, the investor bought another hand to close his position, and the investor made a profit of (663.5-653.)*1=15 USD that night. Turn losses into profits
Once the misjudgment is found, immediately close the position and reverse the operation to recover the loss.
For example, at 16: on August 17th, when the investor judged that the price would fall, he sold a short hand, but then the price of gold rose, and the investor closed the position at 655.1 USD/oz at 2: that day, at which time the investor lost money (655.1-655) At the same time, investors buy one hand at this price and go long in the opposite direction, and close their positions at the price of 662.6 USD/oz at 21: . At this time, investors gain (662.6-655.1)*1=75 USD. On that day, the investors' total income: 75-37=38 USD.
Feature 4: long trading service time
Gold trading time.
feature 5: global market, active trading
The daily total amount of gold trading in the world is 2 trillion US dollars, which is completely influenced by the relationship between supply and demand, and the market trend is suitable for technical analysis.
what is the trading time of spot gold?
1. The market at 5-14 am is generally extremely light, which is mainly due to the weak driving force of the Asian market! Generally, the vibration amplitude is small and there is no obvious direction. Mostly for adjustment and callback. Generally, it is opposite to the trend of the day. For example, if the trend of the day rises, this period of time is mostly a small shock decline. During this period, if the price is right, you can purchase goods appropriately.
2. 14-18 noon is the European morning market. After Europe starts trading, the funds will increase, and this period will be accompanied by the publication of some influential data on European currencies! During this period, if the price is right, you can purchase goods appropriately.
3. 18-2 pm is the noon break in Europe and the early morning in the American market, which is relatively light! This time is the lunch break in Europe and the eve of waiting for the start of the United States. This time period should wait and see.
4: , 2: -24: is the afternoon market in Europe and the morning market in America! This period is the time when the market fluctuates the most, and it is also the time when the amount of funds and the number of participants are the largest. During this period of time, we will act in full accordance with the direction of the day, so judging this market will be based on the general trend, and this period is a good time to ship.
from 5: to 24: in the morning, it is the afternoon session in the United States. Generally, at this time, it has already stepped out of the big market, and this time is mostly a technical adjustment to the previous market. Should wait and see.
In fact, gold speculators in China have an incomparable time advantage over other time zones, that is, they can seize the most fluctuating time period from 21: to 24: . For ordinary investors, they are engaged in non-gold professional work, and the period from 5: pm to 24: pm is free time, which can be used for gold investment without being distracted by work. As far as I'm concerned, my trading habit is to place an order at 15-18 pm and set a stop loss, and then I don't have to watch it every 2-3 minutes after 17: , 17: 3-18: and 2: 15-21: . Investors who can't catch up with the afternoon will of course wait until the evening to trade, but it's better to wait until after 2: 3, which is the time for the second market to start, that is, until Europe is closed at noon and the Americas are opened. Be very careful if there are important data released. It can be said that God has created incomparable trading time for people in China's time zone.
time division of each gold market
The global gold market is mainly distributed in Europe, Asia and North America. The gold spot delayed trading market is a global market. Therefore, you can trade around the world 24 hours a day.
Monday to Friday:
Wellington (New Zealand): 4: -12:
Sydney (Australia): 6: -14:
Tokyo (Japan): : 9: -16:
Frankfurt (Germany): 14: 3-23: 3
London (UK): 15: 3-12: 3
new york (USA):
profit model
As spot gold is a T+ financial product that can buy up and down, it provides us with extremely flexible operability.
that is, successful investment = strict mentality control+correct fund management+excellent technical skills
1. Long-term:
Because it is a T+ transaction, basically all the financial products of this transaction are not suitable for long-term trading, so it is not considered for the time being.
2. Mid-line operation:
Basically, a mid-line 5% position, according to the current gold market, it is normal to earn 2 yuan for each mid-line operation.
3. Short-term operation:
The average daily fluctuation of gold is between 1 and 2 dollars. There is a large profit margin, and the gold market is huge, so its trend is difficult to be artificially controlled, which is suitable for technical investment. The combination of resistance level and support level can be used for intraday operation, with a maximum position of 2%. Target 5-8 yuan, with a stop loss of 2-3 yuan. Generally, it can be operated more than twice a day.
the characteristics of gold and the comparison between gold investment and other investment products
1. Gold investment is the investment project with the lightest tax burden in the world
In contrast, many other investment products have some tax items that investors can easily ignore. Especially inheritance tax, when you want to transfer your property to your next generation, the best way is to turn your property into gold, and then your next generation will turn gold into other property, which will completely avoid the high inheritance tax. Moreover, the profits from the gold margin investment are all your own, and you don't have to pay personal income tax.
2. Gold has a strong liquidity
Because gold is an internationally recognized financial product, there is no need for buyers to undertake it in any region, so ordinary banks and pawn shops will give more than 9% short-term loans to gold, and the maximum amount of housing mortgage loans will not exceed 7% of the value of real estate assessment. Gold is a better mortgage variety in the world.
3. There is no banker in the gold market
Any regional stock market may be manipulated. However, this will not happen in the gold market, because the gold market is a global investment market. In reality, no consortium or country has the strength to manipulate the gold market, and the price of gold is completely determined by market supply and demand. It is precisely because the gold market is a transparent and effective market that gold investors get great investment protection.
the difference between spot gold and stocks
trading time
stocks: trading time and working hours overlap, so it is difficult for investors to balance the conflict between trading time and working hours.
gold: it can be traded 24 hours a day, and investors can enter and leave the market at any time according to their own time.
second product selection
stocks: there are more than a thousand kinds of stocks in the market, and it is quite difficult for investors to choose the right stock among thousands of stocks every day.
gold: mainly engaged in gold trading, investors can quickly understand the price changes and currency changes.
flexibility of funds
stocks: if you want to earn $ 3-5 a day in the stock market, you must invest $1,5-2,. Although you may lose money in both markets, you have the opportunity to make a big profit in the gold trading market.
gold: it only costs RMB 5, to open a standard warehouse for trading farmers, and you can also apply for a mini warehouse from RMB 1,. Relative to this money, you can earn a profit of 3-5 dollars a day.
Four profit margins
Stocks: At present, there is a daily limit on the China stock market, that is, the stock price can only rise by 1% at the highest and fall by 1% at the lowest in the same day, and the stock must pay three thousandths of the tax.
gold: there is no daily limit for gold trading, and there is a large profit margin, so it is very suitable for short-term investment, and the handling fee is less than one thousandth.
manipulation of the five markets
stocks: stocks are the behaviors of companies and enterprises. Only when the companies operate well can investors profit from stock dividends and the price difference in the secondary market; Once the company is not well managed, its stock value will plummet, or even withdraw from the market; Or due to the operation of big bookmakers and other reasons, investors have suffered large losses. At present, China stock market is in a period of reform, and the uncertainty in the future makes the risk of stock investment increase sharply.
gold: the gold trading market is the biggest market in the world. No matter how many investors trade in this market, they can't control this market, because gold trading is not a national behavior or a corporate behavior. The global gold market is a mature, transparent and effective market. In reality, no consortium or country has the power to manipulate it. It has a relative price system, which is the independence of gold, and the risk of operating and price manipulation is very small. There is almost no black-box operation in gold investment. All kinds of gold-related information, such as American economic data, international crude oil price fluctuations, attitudes of central banks and unexpected events, are open and transparent, and investors can make judgments based on public information.
VI. Affected by the economy
Stock: In the stock market, you can only make money when the stock market is on the rise and the economy is booming. However, economic development is a cycle, and after the boom reaches its peak, it is followed by a recession. Under such circumstances, when the stock market falls, it is difficult for a trader to become a winner.
gold: there is no so-called "bull market" or "bear market" in this market. No matter whether the economic boom is good or bad, you can operate in both directions (you can buy up or down). What you need to do is to take advantage of the situation.