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Anyone who trades more than 15 currency pairs at a time?

Gabriel99
Feb 01 at 11:05
37 Posts
I only trade with 2-3 pairs at a time. 15 currency pairs are too much.

Pointingmark
Feb 02 at 06:08
28 Posts
Marlonsmith posted:
levithomas posted:
A real trader is the one who knows how to control emotions and make profitable trades in any kind of market situation. Being consistent is the real thing, not making big profits once and then losing every time.

I agree. Emotions should not be involved in trading because we tend to take risky decisions in the flow of emotions. It is difficult to accept the loss, but acceptance will help you move forward and correct the mistakes in your strategy.

The emotions in trading is okay at some point. Confidence is a very important thing in our life and if we are confident in our trades, there is a high probability to win the trade.

Collingwood112
Feb 02 at 11:03
22 Posts
Pointingmark posted:
Marlonsmith posted:
levithomas posted:
A real trader is the one who knows how to control emotions and make profitable trades in any kind of market situation. Being consistent is the real thing, not making big profits once and then losing every time.

I agree. Emotions should not be involved in trading because we tend to take risky decisions in the flow of emotions. It is difficult to accept the loss, but acceptance will help you move forward and correct the mistakes in your strategy.

The emotions in trading is okay at some point. Confidence is a very important thing in our life and if we are confident in our trades, there is a high probability to win the trade.

Luck is also very important in trade as I realized at the start of my trading career with fxview and etrade. Many times I profitably closed a position when the odds were against me. Do you think luck and emotions work in trade?

Joz8
Feb 02 at 11:32
102 Posts
Bro, 15+ is like way too much according to me. It better to stick to lower number of pairs, and give better attention to those rather than segregate it over so many pairs and fail. But yes, if you think you can manage it well, go ahead.

Marlonsmith
Feb 03 at 10:08
28 Posts
Collingwood112 posted:
Pointingmark posted:
Marlonsmith posted:
levithomas posted:
A real trader is the one who knows how to control emotions and make profitable trades in any kind of market situation. Being consistent is the real thing, not making big profits once and then losing every time.

I agree. Emotions should not be involved in trading because we tend to take risky decisions in the flow of emotions. It is difficult to accept the loss, but acceptance will help you move forward and correct the mistakes in your strategy.

The emotions in trading is okay at some point. Confidence is a very important thing in our life and if we are confident in our trades, there is a high probability to win the trade.

Luck is also very important in trade as I realized at the start of my trading career with fxview and etrade. Many times I profitably closed a position when the odds were against me. Do you think luck and emotions work in trade?

Marlonsmith, I am a staunch believer that luck does not play a role in trading.

Collingwood112
Feb 03 at 12:47
22 Posts
Marlonsmith posted:
Collingwood112 posted:
Pointingmark posted:
Marlonsmith posted:
levithomas posted:
A real trader is the one who knows how to control emotions and make profitable trades in any kind of market situation. Being consistent is the real thing, not making big profits once and then losing every time.

I agree. Emotions should not be involved in trading because we tend to take risky decisions in the flow of emotions. It is difficult to accept the loss, but acceptance will help you move forward and correct the mistakes in your strategy.

The emotions in trading is okay at some point. Confidence is a very important thing in our life and if we are confident in our trades, there is a high probability to win the trade.

Luck is also very important in trade as I realized at the start of my trading career with fxview and etrade. Many times I profitably closed a position when the odds were against me. Do you think luck and emotions work in trade?

Marlonsmith, I am a staunch believer that luck does not play a role in trading.

 What is luck for us when we don’t put our effort. So not solely luck, but I think our effort plus luck is the most important in trading.

Fx_howie
Feb 04 at 08:14
28 Posts
Collingwood112 posted:
What is luck for us when we don’t put our effort. So not solely luck, but I think our effort plus luck is the most important in trading.

Yes. Both luck and effort go hand in hand.

desertdye
Feb 05 at 10:39
20 Posts
I have not traded more than 10 at a time but you can always give it a shot. Good luck.

Joz8
Feb 05 at 12:01
102 Posts
Fx_howie posted:
Yes. Both luck and effort go hand in hand.

Totally!
Some people just sit back waiting for good results, expecting their luck to work. Well that might happen 1-2 times, but in the long run hard work and skills are what will yield earnings.

Starcliff
Feb 10 at 10:53
55 Posts
Some just think that they will come to work in this area, and nothing will need to be done, and money will drip.

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