Hodnotenie: Empty Star Empty Star Empty Star Empty Star Empty Star
Anyone who trades more than 15 currency pairs at a time?
Predchádzajúce 1 2 3 4 5 .. 10 Ďalší
tolgupde

Členom od Mar 02, 2014  3 príspevkov tolgupde Mar 05 2014 at 07:02
If yes what are they and do you usually win or lose? I would like to hear from you.

TheCyclist

Členom od Feb 07, 2011  724 príspevkov PipGnostic (TheCyclist) Mar 05 2014 at 15:06 (upravené Mar 05 2014 at 15:14 )
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.

TheCyclist

Členom od Feb 07, 2011  724 príspevkov PipGnostic (TheCyclist) Mar 05 2014 at 15:19
The thing with hedging it is one side will lose value while the other gains, so you can always move money from the winning side to the losing side, be tearing the other way in a day or two.

vothienphu93

Členom od Feb 20, 2013  26 príspevkov Võ Thiên Phú (vothienphu93) Mar 05 2014 at 16:20
You can see it via myfxbook link:https://www.myfxbook.com/members/vothienphu93/robinhood/807405
I trade a lot of pairs to disversify and to have much more signals because I'm a swing trader, I have a very strict filter to have the most accurate setup.

Subscribe my system to see how far it will go :D

ZOOM

Členom od Oct 03, 2013  39 príspevkov ZOOM Mar 05 2014 at 16:20
Got me curious and I checked my trading history. So far I have 21 currency pairs traded but only 10 different currencies.

I mainly trade major currencies with a few quick trades done in NOK and HUF.

tolgupde

Členom od Mar 02, 2014  3 príspevkov tolgupde Mar 05 2014 at 19:32
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!

Forex21

Členom od Jan 16, 2014  346 príspevkov Forex21 Mar 07 2014 at 08:28
Trading 15 pairs plus is like trying to do 15 things at the same time.

TheCyclist

Členom od Feb 07, 2011  724 príspevkov PipGnostic (TheCyclist) Mar 07 2014 at 10:09
@Forex21

Really ? Don't think my server even notices it....

ZOOM

Členom od Oct 03, 2013  39 príspevkov ZOOM Mar 07 2014 at 13:49
@tolgupde Trading so many pairs shows lack of concentration, like others say. You can always do it, but there will be so much randomness that I can't see what good it's going to be trading so many pairs. Say you are trading CHF crosses, you will trade EUR/CHF and USD/CHF, and if you trade another cross you will center around 2-3, max probably 4 pairs. What's the point of trading so many, you will divert too much of your time onto other markets, just do one thing and do it well.

Unless of course you are hedging or find some amazing opportunity/idea to move into more pairs. there could be some nice opportunity to move into non-major currencies or rarely traded pairs on some signal or a view that the currency will gain or fall and make up for the very high spread. Hedging is also an idea if certain currency pair has a high or low (depending on what you are trying to do) correlation with your main trading pairs.

 

TheCyclist

Členom od Feb 07, 2011  724 príspevkov PipGnostic (TheCyclist) Mar 08 2014 at 00:57 (upravené Mar 08 2014 at 01:14 )
@ZOOM

That's just bullshit. Most who does that amount of pairs, do it using code. That I guarantee you. And they have an appropriate system for it.

And if it's a manual system, like swing trading, the volumes can be as low as a trade per month. Trend is easily 6 weeks, so you have to adjust say 24 trades every 6 weeks. Not very busy is it ?!

And then you can still automate your alarms, so you don't even have to look, you only look on an alarm.

Predchádzajúce 1 2 3 4 5 .. 10 Ďalší
Loading
Loading
EURUSD 1.11257 GBPUSD 1.33484
USDJPY 109.398 USDCAD 1.31825

Nástroje

Spoločenstvo

Recenzie

Makléri

Platforma

Podpora


Twitter |  Facebook |  Mapa stránky  |  Podmienky  |   Privacy Policy
©2019 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.