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Not a good idea to follow many pairs

Jan 24, 2021 at 13:12
1,083浏览
27 Replies
会员从Jul 19, 2020开始   751帖子
Jan 24, 2021 at 13:12
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.
会员从Jul 20, 2020开始   298帖子
Jan 24, 2021 at 14:50 (已编辑 Jan 24, 2021 at 14:51)
I think it is possible to do a lot of work pair if you can use trading knowledge properly and maintain discipline with patience.
会员从Jul 23, 2020开始   869帖子
Jan 24, 2021 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.
会员从Aug 07, 2020开始   75帖子
Jan 25, 2021 at 10:12
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.
会员从Jul 23, 2020开始   759帖子
Jan 25, 2021 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.
会员从Oct 20, 2018开始   300帖子
Jan 26, 2021 at 20:36
Absolutely. Focus on 1, 2 or 3 pairs or if there are more they must be corelated.
momchil_slavov@
会员从Dec 11, 2020开始   110帖子
Jan 28, 2021 at 07:19
It is not easy to track all or many of the pairs. Better to stick with 2-3, or even 1 pair is fine.
会员从Nov 08, 2019开始   26帖子
Jan 28, 2021 at 07:46
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.
会员从Jan 07, 2021开始   23帖子
Jan 28, 2021 at 07:57
If one can handle so many pairs that's up to him. However, in my view, trading with 2-3 pairs are enough.
会员从Jan 13, 2021开始   29帖子
Jan 29, 2021 at 23:19
I have 5 pairs but trade no more than 3 at a time
会员从Jul 19, 2020开始   788帖子
Jan 29, 2021 at 23:55
I use 4 pairs for trading. I am very satisfied with trading in these 4 pairs.
会员从Jan 22, 2021开始   125帖子
Feb 01, 2021 at 12:22
forextrader777 posted:
I also think that trading too many pairs can be a bit complicated. Personally I prefer EUR/USD and USD/JPY.
Yes I agree to you, for the beginners 2-3 major pairs would be fine.
会员从Nov 05, 2020开始   54帖子
Feb 01, 2021 at 12:44
It is wrong to trade a large number of currency pairs because there is no way to focus and control everything.
会员从Jun 25, 2019开始   9帖子
Feb 02, 2021 at 07:16
I also do focus just on 1 Pair. I think it's crazy how some people find the time to look at so many Pairs...
会员从Sep 12, 2017开始   238帖子
Feb 02, 2021 at 07:52
we cannot say it is for all the cases. one can have the capability to trade on multiple pairs depending on the knowledge and keenness to work
会员从Nov 06, 2020开始   24帖子
Feb 04, 2021 at 13:28
I mostly go with some major pairs. USD/JPY, USD/CHF, AUD/USD and NZD/USD are some of the primary currency pairs I like to trade. For platforms, I prefer MT4 and MT5 that I’m using with XM, Fxview.
会员从Oct 26, 2020开始   37帖子
Feb 05, 2021 at 10:13
Malajind posted:
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.
I completely agree with you. You don’t need to trade numerous pairs in the beginning just to lose your money because you need to focus on the currency pairs while trading to make profits. It’s better to test the market with a single pair and trade more with time and experience you gain.
会员从Nov 06, 2020开始   24帖子
Feb 05, 2021 at 13:00
Ericdier752 posted:
I keep getting confused between major and minor pairs. I know the basic difference but when I’m trading, at times I can’t figure it out.
The simplest way to distinguish them is to see the USD. When the US dollar is not included in a particular pair, it is called a minor pair.
会员从Jul 20, 2020开始   399帖子
Feb 05, 2021 at 17:32
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.

I did that at the start i used to do some many pairs now i have 3
会员从Jul 19, 2020开始   788帖子
Feb 05, 2021 at 17:55
If your trading knowledge is good, then working together with many pairs is not a problem.
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