Trade few pairs
Nov 06, 2020 at 13:06
602 Views
11 Replies
Nov 06, 2020 at 13:06
I don't like to follow too many pairs. For my trading I just trade EURUSD and GBPUSD pairs. I comprehend these two pairs more as I have done good research on them. To me it is a smart thought to trade a couple of pairs. I figure each trader should begin with a single pair.
Member Since Jul 20, 2020
232 posts
Nov 08, 2020 at 19:08
I also don't like to trade i many pairs. I like few pairs from this market. I always try to trade those pairs.
Member Since Jul 23, 2020
869 posts
Nov 15, 2020 at 13:29
EbonyJones posted:Yes. Mastering only one or two pair is enough to become successful in the market. New traders often trade with many pair and end up learning nothing.
I also don't like to trade i many pairs. I like few pairs from this market. I always try to trade those pairs.
Member Since Jul 23, 2020
759 posts
Nov 20, 2020 at 17:16
Andronn posted:That’s true. Traders also need to know about correlation which is important to choose best suitable pair according to your trading strategy.
There are many strategies that allow you to trade simultaneously for different currency pairs. Some of them force the trader to trade in two or three pairs of currencies at once.
Member Since Jul 19, 2020
318 posts
Nov 21, 2020 at 18:12
Yes. If you are new in this market, you should trade only selective pairs.
Member Since Nov 03, 2020
65 posts
Nov 22, 2020 at 07:58
I do not take many currency pairs into trading, despite the fact that the Amarkets broker offers more than 250 financial instruments, I determine those with which I am most profitable.
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