Best Change

Read our Advertising Disclaimer


Page 1 of 2 12 LastLast
Results 1 to 20 of 26
  1. #1
    Join Date
    Mar 2020
    Posts
    110

    How many pairs should I trade?

    I want to know this time from expert traders of this valuable forum How many pairs should I trade? I hope i will get a good reply of my question.

  2. #2
    Join Date
    May 2020
    Posts
    66
    It is not recommended for beginners to trade many pairs. When you gain experience, then the multipliers are already supplemented. Broker Amarkets can offer quite good options in this direction.

  3. #3
    Join Date
    Aug 2017
    Posts
    1,181
    What I believe is work hard and see which time is suitable for you then work on that time frame. If you work at a suitable time then it will be good for you. I trade with Forex4you on my suitable time frame. As a result, it brings a good number of profits for me. This is the best broker I have ever worked with. It gives a very easy process to open an account. It has no additional charges while withdrawing money.

  4. #4
    Join Date
    Aug 2020
    Posts
    36
    I personally like both EURUSD and GBPUSD. Actually I only trade these two pairs. I do not like to trade many pairs. But between EURUSD and GBPUSD I like GBPUSD the more. It is a wise idea to select one or two pairs for trading. It gives you space to learn all the trading patterns of that single pair. I am trading with Eurotrader broker that has many trading including shares and crypto. You can choose your best from here.

  5. #5
    Join Date
    May 2020
    Posts
    566
    I believe that a trader should work with those couples that bring him profit. At least, this is the best option for work.

  6. #6
    Join Date
    Jul 2020
    Posts
    177
    I work with the broker ExpertOption, and this broker has quite a large number of pairs. Despite this, I prefer to work with classic ones.

  7. #7
    Remember that there are no restrictions, you yourself can choose the amount that will be convenient for you, comfortable, and most importantly - make a profit. And with Amarkets, you will generally have a wide choice, because there are up to more than 250 instruments for trading.

  8. #8
    Join Date
    May 2020
    Posts
    566
    I work with a broker Amarkets and work with very few pairs. Usually I choose literally 2-3 couples with whom I am able to work best.

  9. #9
    Join Date
    Apr 2020
    Posts
    75
    You need to decide on the number of currency pairs based on what kind of experience you have in trading in this market, but it's good that the Amarkets broker really has more than 250 instruments in which he can choose from.

  10. #10
    Join Date
    Apr 2017
    Posts
    566
    If you want to trade in forex market, first of all you need to learn the basics of forex trading. You can learn the basics from different sources. But my suggestion is to open a demo account. It will help you to understand all the basics and techniques of trading practically. I started my trading with the demo account of TP Global FX. It gave me opportunity to trade practically without any risk. It helped me to get knowledge about forex market.

  11. #11
    Join Date
    May 2020
    Posts
    566
    Of all the trading options, I usually choose those pairs with which it is most reliable and profitable for me to work. In my opinion, this is the best option.

  12. #12
    How many pairs you would not take, this is your decision, you need to trade according to your strategy and how much experience and knowledge you have

  13. #13
    Join Date
    Apr 2020
    Posts
    75
    As for me, 2-3 pairs for a start will be the best option in order to start trading to understand and eventually, of course, make money. And in the future it will be possible to add more

  14. #14
    Join Date
    Jan 2020
    Posts
    107
    For making money widely we the traders always depending on a good trading broker. And the qualities of a good broker we all should know such as- security of funds, give low spread with high leverage and many others. Tpglobalfx I select the good broker and they have their trading license from the Financial Service and Commissions. They helping me in earning good amount of money and trading comfortably without facing any problems.

  15. #15
    Join Date
    Apr 2020
    Posts
    436
    I believe that the trader needs to choose for work exclusively the number of pairs with which he knows how he can and wants to work. Do not strive for a large number.

  16. #16
    Join Date
    May 2020
    Posts
    566
    I try to trade only with those pairs that bring me profit. In general, for myself, I have already roughly understood what I can work with better, so I work with that.

  17. #17
    Join Date
    Jul 2020
    Posts
    177
    I work with the broker ExpertOption and usually try to work with the number of pairs I can work with, paying attention to each of them

  18. #18
    Join Date
    Apr 2020
    Posts
    436
    I try to work with a little steam. In my opinion, it is better to pay attention to a smaller number, but the main thing is better to get a result.

  19. #19
    Join Date
    Apr 2016
    Posts
    533
    As an experienced trader in this market, I recommend that you focus on two to three currency pairs max. Many new traders want to trade every single pair under the sun, and in result they can’t ever really develop consistency. Every pair behaves differently, and has varying levels of movement in the market compared to other pairs. It’s about finding/developing a trading style that fits your personality. You must fine tune your craft. When you focus on just one or two pairs, you begin understanding how it flows, and it’s easier to start spotting opportunities, recognizing recurring patterns, and developing an edge that leads to consistent profitability over time.

  20. #20
    Join Date
    Apr 2020
    Posts
    436
    I believe that it is not worth writing itself into achievements. Even if you trade with the same couple, but it will bring you money - keep doing it!

Page 1 of 2 12 LastLast

Similar Threads

  1. Favorite pairs
    By Toby Mistry in forum Forex General Discussion
    Replies: 1
    Last Post: 05-17-2020, 08:03 AM
  2. Don't trade many pairs
    By Toby Mistry in forum Forex General Discussion
    Replies: 4
    Last Post: 03-24-2020, 08:07 AM
  3. Currency pairs
    By Toby Mistry in forum Forex General Discussion
    Replies: 2
    Last Post: 02-18-2020, 07:59 PM
  4. Currency pairs
    By David lee in forum Forex General Discussion
    Replies: 2
    Last Post: 01-19-2020, 08:07 PM
  5. Types of pairs
    By Graham McKenzie in forum Forex General Discussion
    Replies: 6
    Last Post: 09-05-2019, 03:19 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •