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

More pairs = more opporttunities in trading, IMHO.

Totally agree, diversify is the best way, look through 40 pairs, indices and commodities to find the best daily setups and place them in 10 mins and walk away. Dont get dragged into the mess going on on the really low timeframes unless your sclaping as these moves are just there to breed confusion in the markets

tolgupde posted:
If yes what are they and do you usually win or lose? I would like to hear from you.

Hi !

Yes i did trade all major currencies at a time. I trade more than 10 currencies depending on the market situation. please check my account. https://www.myfxbook.com/members/gallerianzerge/fxmomentum/1562888 i am a momentum trader my strategy is simple based on the market price action.

😄

live trading with 28 pairs, diversification is important

zzrock posted:
More pairs = more opporttunities in trading, IMHO.

While I agree that the more pairs you trade the more trading opportunities you have, I also think that means that you need to learn more and remember more about each and every pairing, because they all move differently and one always needs to keep that in mind when trading.

Depends on your trading style too, if you look to trade Daily Setups, ;ight be nice to have a lot of pairs but intraday clearly stick to less than 15. The lower timeframe I am working on is 15min and have 12 different pairs wisely chosen for diversification and ability to trade the correlation and strength between each of those

mlawson71 posted:

zzrock posted:
More pairs = more opporttunities in trading, IMHO.

While I agree that the more pairs you trade the more trading opportunities you have, I also think that means that you need to learn more and remember more about each and every pairing, because they all move differently and one always needs to keep that in mind when trading.

That's true, but you always have to choose. For me - to trade more pairs is the lesser of two evils. 😈

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.

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.

tolgupde posted:
Thanks for all your replies and for your nice trading performance history. What I would like to know is that are there any struggling traders who have been trying to make money in forex market but have lost or have been losing? I know there are many, but what I would like to know is that are there any among those losing traders who trade more than 10, 15 different pairs manually? If yes, I would like to hear from you. Just send me a private message and will discuss further. Thank you all, keep up the good work!

visit our performance https://www.myfxbook.com/members/agustrader01/ct-s-real-account-satu/1571874

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.

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!

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.

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.

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.

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!

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.

what's the point of trading so many currency pairs ?

I think, it's important diversity 😎