To use chat, please login.
Back to contacts

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

dianajs
Apr 12 2016 at 06:36
823 mensajes
snapdragon1970 posted:
TheCyclist posted:
I trade 24 and if you're doing those amount of pairs it's not usually predictive trading. So the questions is more or less irrelevant. You'll only do it to win, but not by pair. By portfolio.

They are:

'EURUSD','GBPUSD','USDCHF','USDJPY','EURJPY','AUDUSD','AUDJPY','CADJPY','CHFJPY','EURCHF','GBPAUD','GBPCAD',
'GBPCHF','GBPJPY','USDCAD','EURGBP','EURAUD','EURNZD','EURCAD','USDCAD','AUDNZD','AUDUSD','AUDCAD','NZDJPY

Anything with a spread less than 7 pips, I think was my criteria...

EURNZD is a particular pain in the arse. Just borderline spread wise.

And in that I would trade EURGBP against both EURUSD and GBPUSD which makes no sense at all in conventional FX thinking...it's either doubling up my position or hedging it. There will be similar examples in the rest of the pairs.


That's a lot of pairs to trade,some of them don't make sense trading,there's about 4/5 pairs worth trading.


Which are those pairs in your opinion?

I, personally, would say that there are more than 4/5 pairs worth trading, but I can't focus on more than 3-4 pairs at a time. I usually just pick and choose which ones I think seem to have the most opportunities to trade at the moment and stick to them until I decide I need to switch to something else because the opportunities are getting fewer and fewer.

snapdragon1970 (snapdragon1970)
Apr 12 2016 at 07:28
1944 mensajes
I trade Eur/Usd all the time,but here's what they like to trade at Barclays Eur,Usd,Jpy,Aud and Cad,its what I was taught too.It depends on spread as well,does it have a positive return over a set time period.I would run a portfolio on Stocks not Forex,but that's a personal choice.

Best of Luck!

"They mistook leverage with genius".
dianajs
Apr 14 2016 at 14:38
823 mensajes
snapdragon1970 posted:
I trade Eur/Usd all the time,but here's what they like to trade at Barclays Eur,Usd,Jpy,Aud and Cad,its what I was taught too.It depends on spread as well,does it have a positive return over a set time period.I would run a portfolio on Stocks not Forex,but that's a personal choice.

Best of Luck!


The good thing about EUR/USD is that it usually has such a low spread. What I don't like about it is the random spikes it seems to be prone to. I used to trade it a lot, but not anymore.

snapdragon1970 (snapdragon1970)
Apr 14 2016 at 17:25
1944 mensajes
dianajs posted:
snapdragon1970 posted:
I trade Eur/Usd all the time,but here's what they like to trade at Barclays Eur,Usd,Jpy,Aud and Cad,its what I was taught too.It depends on spread as well,does it have a positive return over a set time period.I would run a portfolio on Stocks not Forex,but that's a personal choice.

Best of Luck!


The good thing about EUR/USD is that it usually has such a low spread. What I don't like about it is the random spikes it seems to be prone to. I used to trade it a lot, but not anymore.


You can use spikes to your advantage,for instance an extreme downside or upside on a news event,its no guarantee of a reversal but increases the odds in your favour.The random spikes is usually major investor doing an opposite play.

"They mistook leverage with genius".
togr (togr)
Apr 15 2016 at 08:23
4862 mensajes
tolgupde posted:
If yes what are they and do you usually win or lose? I would like to hear from you.


I do trade more pairs. I won on all of them.

Adjuntos


zzrock
Apr 22 2016 at 19:19
4 mensajes
mlawson71 posted:
zzrock posted:
More pairs = more opporttunities in trading, IMHO.

It also means more opportunities to make mistake, if you aren't familiar with these pairs, since every pair moves slightly differently than the rest.


And this is true, bro!

mlawson71
Apr 23 2016 at 10:28
1487 mensajes
Mind you, I am not against trading with many pairs at the same time, I think that if you take the time to study each and every pair you can probably be successful in trading them. I just thing it's not a good idea to just go into it with no preparation at all.

idimitrov
Apr 25 2016 at 06:12
421 mensajes
what's the point of trading so many currency pairs ?

ritvaharju
Apr 25 2016 at 11:17
1 mensajes
I think, it's important diversity 😎

rob559
Apr 25 2016 at 14:26
1916 mensajes
ritvaharju posted:
I think, it's important diversity 😎


only when those pairs are not co related

Por favor inicie sesión para comentar.