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.
I think it also depends on the trading style (Scalping, day trading, swing trading). The longer the time-frame, more pairs can you trade because you have enough time to concentrate.
Our system can easily trade all the pairs on the forex, but again its more risk, because not all spreads on all pairs are equal. and buy trading to many pairs your basically trading the same pair in a different configuration. your just setting your self up for a large loss from a single event. like news or something. for example our live system has placed over 1,000 trades in the last 2 months. thats about 500 trades per month and that's just on 1 pair. there is plenty of opportunity on a single pair for a properly coded System or EA.
Jayakumar posted: Its better to restrict your trade to few pairs...then only you can feel the pulse of the particular pair and understand the trend. I watch only EUR/USD and able to predict the trend
Hello, lets agree with one thing.. you cannot predict trend, prices are chaotic, what you need is a solid strategy and then discipline with using the correct money management. So with that said, the strategy should work on all products, so if eurusd or usdjpy is flat then trade a setup on xauusd or euraud, just dont have too many positions open, such that if usd news comes out and burns a hole in your pocket.. always prepare for the next three steps / losses / entries, all the best , jaypipin