If you are inexperienced or new you can't hedge. Of course you can't hedge 1:1 on a FX portfolio! And what kind of an idiot is going to go for a such a massive hedge in response to an assuming large trade so that you gonna get badly hit on the NAV. Doesn't make sense. Thought you can get some rough hedging still even on a FX portfolio.
As for the 15 pairs, I meant trading it all the same time. What's the point of dipping your toes in 1 meaningless trade a month? And again even if you follow a code it still makes no sense trading 15 pairs when you can focus far more on less pairs - least of all put your money to a better use.
@ZOOM there are people that trade on the daily/weekly charts ... get it in your mind that these people dont need to be focussed staring at the screen all day long ... everything you said may be true for shorttrem traders, for long term traders is pure nonsense
What I'm saying is the higher the number of pairs you are trading the less concentrated your trading becomes, unless there is some very good reason, way better than a small daily swing, something like a great opportunity ahead.
@johnnycash What I'm talking about is more of long-term trading, far longer than 1-day time-frame. If you trade way too many pairs in a very short intra-day time frame wouldn't the chances be far higher you would get hit at a SL on a pair or your NAV will go down because there will be too many unpredictable swings. So tell me, why would it be nonsense to stay under 15 pairs for long term traders?
no, I did not say that trading 15 or less pairs is nonsense; I just said that its nonsense that you lose focus when its more than 15 pairs and timeframes like daily or weekly. I guess we misunderstood each other.
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