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Not a good idea to follow many pairs
Jan 24, 2021 at 13:12
Membre depuis Jul 19, 2020
posts 751
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.
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Jan 25, 2021 at 18:44
Membre depuis Jul 23, 2020
posts 759
UweMoench posted:Those two are also my favorite pairs. I also trade with other major pairs.
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.
Jan 28, 2021 at 07:46
Membre depuis Nov 08, 2019
posts 26
UweMoench posted:Pretty much I am agreeing with you. It is always good idea to start trading with just single pair and if that pair is not to your liking, you can always go for another pair til you find the right one.
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.
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Feb 05, 2021 at 10:13
Membre depuis Oct 26, 2020
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Malajind posted:I completely agree with you. You don’t need to trade numerous pairs in the beginning just to lose your money because you need to focus on the currency pairs while trading to make profits. It’s better to test the market with a single pair and trade more with time and experience you gain.
The forex market provides a very large opportunity for parking, but it seems to me that it is better to take the minimum volume so that your profit is good enough, with a certain practice and experience, you can and increase.
Feb 05, 2021 at 13:00
Membre depuis Nov 06, 2020
posts 24
Ericdier752 posted:The simplest way to distinguish them is to see the USD. When the US dollar is not included in a particular pair, it is called a minor pair.
I keep getting confused between major and minor pairs. I know the basic difference but when I’m trading, at times I can’t figure it out.
Membre depuis Jul 20, 2020
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Feb 05, 2021 at 17:32
Membre depuis Jul 20, 2020
posts 399
UweMoench posted:
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.
I did that at the start i used to do some many pairs now i have 3

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