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 24 at 14:50
I think it is possible to do a lot of work pair if you can use trading knowledge properly and maintain discipline with patience.
Jan 24 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.
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.
Jan 25 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.
Absolutely. Focus on 1, 2 or 3 pairs or if there are more they must be corelated.
momchil_slavov@
It is not easy to track all or many of the pairs. Better to stick with 2-3, or even 1 pair is fine.
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.
If one can handle so many pairs that's up to him. However, in my view, trading with 2-3 pairs are enough.
Jan 29 at 12:03
I also think that trading too many pairs can be a bit complicated. Personally I prefer EUR/USD and USD/JPY.
