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Trade few pairs
Členom od Jul 19, 2020
751 príspevkov
Nov 06, 2020 at 13:06
Členom od Jul 19, 2020
751 príspevkov
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.
Členom od Jun 30, 2020
90 príspevkov
Nov 08, 2020 at 14:19
Členom od Jun 30, 2020
90 príspevkov
There are many strategies that allow you to trade simultaneously for different currency pairs. Some of them force the trader to trade in two or three pairs of currencies at once.
Členom od Jul 20, 2020
232 príspevkov
Nov 08, 2020 at 19:08
Členom od Jul 20, 2020
232 príspevkov
I also don't like to trade i many pairs. I like few pairs from this market. I always try to trade those pairs.
Členom od Jul 19, 2020
788 príspevkov
Nov 08, 2020 at 22:39
Členom od Jul 19, 2020
788 príspevkov
My trading mindset with you is the same. I also think it is better to trade with Few Pairs. It has a good understanding of the pair.
Členom od Jul 23, 2020
869 príspevkov
Nov 15, 2020 at 13:29
Členom od Jul 23, 2020
869 príspevkov
EbonyJones posted:Yes. Mastering only one or two pair is enough to become successful in the market. New traders often trade with many pair and end up learning nothing.
I also don't like to trade i many pairs. I like few pairs from this market. I always try to trade those pairs.
Členom od Nov 16, 2020
55 príspevkov
Nov 16, 2020 at 05:53
Členom od Nov 16, 2020
55 príspevkov
Personally, I choose the number of pairs of my mood for trading, and here's my strategy, and I like that with a broker Amarkets where you can choose the one you need with more than 250 financial instruments
Členom od Oct 09, 2020
36 príspevkov
Nov 20, 2020 at 11:27
Členom od Oct 09, 2020
36 príspevkov
I am also more of a safe player, trade pairs with positive correlation. USD/CAD is my fav, also USD/JPY at times, but that’s about it. Tried going exotic on the different currency options on fxview once but turned out to be a bad move, resumed trading the 2 majors. Doing the same on my new pepperstone account as well.
Členom od Jul 23, 2020
759 príspevkov
Nov 20, 2020 at 17:16
Členom od Jul 23, 2020
759 príspevkov
Andronn posted:That’s true. Traders also need to know about correlation which is important to choose best suitable pair according to your trading strategy.
There are many strategies that allow you to trade simultaneously for different currency pairs. Some of them force the trader to trade in two or three pairs of currencies at once.
Členom od Sep 25, 2019
24 príspevkov
Nov 21, 2020 at 16:20
Členom od Sep 25, 2019
24 príspevkov
It is better to start trading on those pairs that are easiest to analyze based on news releases. It is also important to have a haven pair that can be traded during times of increased volatility. Also, you can use correlating pairs
Členom od Jul 19, 2020
318 príspevkov
Nov 21, 2020 at 18:12
Členom od Jul 19, 2020
318 príspevkov
Yes. If you are new in this market, you should trade only selective pairs.
Členom od Jul 19, 2020
788 príspevkov
Nov 22, 2020 at 01:15
Členom od Jul 19, 2020
788 príspevkov
The lower the trading pair, the more you have an idea about the market. I think it is better to trade in low pairs.
Členom od Nov 03, 2020
65 príspevkov
Nov 22, 2020 at 07:58
Členom od Nov 03, 2020
65 príspevkov
I do not take many currency pairs into trading, despite the fact that the Amarkets broker offers more than 250 financial instruments, I determine those with which I am most profitable.
Členom od Nov 05, 2020
54 príspevkov
Nov 23, 2020 at 06:42
Členom od Nov 05, 2020
54 príspevkov
From the provided more than 250 sets of financial instruments, the broker Amarkets, you can choose exactly those that you like the most and with which you can successfully trade

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