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Not a good idea to follow many pairs
Jan 24, 2021 at 13:12
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
286 posts
Jan 24, 2021 at 14:50
(edited Jan 24, 2021 at 14:51)
I think it is possible to do a lot of work pair if you can use trading knowledge properly and maintain discipline with patience.
Member Since Jul 23, 2020
816 posts
Jan 24, 2021 at 17:27
Forex market offers too many pairs to trade. But it is not necessary to trade all of them, traders only need good understanding of one or two pairs to make consistent money.
Member Since Jul 23, 2020
696 posts
Jan 25, 2021 at 18:44
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.
Those two are also my favorite pairs. I also trade with other major pairs.
Jan 28, 2021 at 07:46
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.
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.
Member Since Jan 13, 2021
25 posts
Jan 29, 2021 at 23:19
I have 5 pairs but trade no more than 3 at a time
Member Since Jan 22, 2021
126 posts
Feb 01, 2021 at 12:22
forextrader777 posted:
I also think that trading too many pairs can be a bit complicated. Personally I prefer EUR/USD and USD/JPY.
Yes I agree to you, for the beginners 2-3 major pairs would be fine.
Member Since Sep 12, 2017
232 posts
Feb 02, 2021 at 07:52
we cannot say it is for all the cases. one can have the capability to trade on multiple pairs depending on the knowledge and keenness to work
Member Since Jul 20, 2020
385 posts
Feb 05, 2021 at 17:32
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
Member Since Jan 13, 2021
25 posts
Feb 07, 2021 at 22:50
I use 5 pairs but they to trade only 3 at a time
