trade with only two or three pairs

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  • #46 Collapse

    Well, I trade with more than three pairs and I know what am I doing, I see the co-relation and the technical background, if there is strong technical then I start trading, and if there is fundamental involve then I wait for market.
       
    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #47 Collapse

      yes i like your thread as there in no change to be over trade and over trade. Both are bad for Forex trading. One cant be manage his capital if he trade again and again and take big lot size trade. Long term sing trade is a risk free trade . But before any trade one must give trade after being both analysis and collecting updated news.
         
      • #48 Collapse

        I think single pairs is enough for you trading at a time because you cannot concentrate on different pairs at same time due to which you can miss your opportunity of profit and make loss. i like to trade only on single pair at a time.
           
        • #49 Collapse

          Yes more than three pair is so hard trade for a new trader and do not trade with gold. LOng time trade is also so bad for a new trader and it is so risky for all trader because forex is a quick and online money selling business. I have been doing this business so carefully.
             
          • #50 Collapse

            yes it is good for first time because all pair is not same so traders need time to understand them.But completing a good knowledge trader can trade with all pairs if he think.No tension if yiou have a good skills you will be succeed.
               
            • #51 Collapse

              It depends upon your trading rules, If your rules are general and applies to every trading pair and metals as well then you will just hint for the appropriate situation hile if your rule are pair specific then you will go for both fundamental and technical analysis of those pair.
                 
              • #52 Collapse

                If you are a day trader who is trying to scalp the lower time frames like 5-mins or 15 mins charts, then you have to monitor a few pairs. But if you are a swing trader who trades long term positions in the market, you can monitor more than 10 currency pairs at the same time.
                   
                • #53 Collapse

                  Trading two or three pairs can give us full concentration on it. Because our concentration can be distract if we trade all pairs on the same time. It is better to trade with two or three pair that has the correlation so it would be easy for us to analyze the market. For new traders just trade with one pair first before adding more pair to trade.
                     
                  • #54 Collapse

                    It is possible if that is what will help you, I do not like thee condition that the market will not know what he wants, or the way he will be planning the market for the best safety in the trading. It is better to secure with limited pairs if you are careful.
                       
                    • #55 Collapse

                      Yes, i trade with only three pairs. because i have not much money in my balance. so i fear to trade in multiple pair. if i have much money then i dare to trade in the multiple pair to increase the profit at the same time.
                         
                      • #56 Collapse

                        g dost apny sahi kaha....forex trading main humain hamesha kum pairs main trading karni chhaye taly humain kisi kisam ki koi mushkil nai ho....aur hum aik achi earning kar sakain....
                        • #57 Collapse

                          yes it is true that multiple pair can create lot of problem, but i am not using two or three pair, because i do not feel easy with using multiple pair, i think who have no more experience that trader should use only one pair for trading in this market.
                             
                          • #58 Collapse

                            it is depend on you my friend.you can trade in only one pair or you can trade in many pairs at a time.it is true when we trade in one or two pairs we get much knowledge about that pair and our trading is more and more easy in future.
                               
                            • #59 Collapse

                              Generally I analyze up to 8 pairs and I just find out which pair is getting more strongest and which one is weak. But when I make trades I just trade not more then with two pairs. It is not wise to trade with eight pairs or more at a time. If you are an expert and have that much ability with your investment then you can go ahead.
                                 
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #60 Collapse

                                yes on has to trade in two or three pair because it gives maximum rate of profit for the forex trader.one has to be very vigilant in the trading transactions because it controls the further trade accommodations.
                                   

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