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Do you Trade in Multi Pairs?
I have planned to trade in multi pairs in order to maximize potential earning! Previously I was always stick with one trading pair only. In addition, now I am trying to look opportunity to trade with multiple trading pairs. In addition, measuring whether my strategy able to work in particular market situation or in many market situation.
In Forex trading, we should keep improve, both in trading skills and result. As long as we still see there are rooms to improve, we should observe and make it to become our advantage. Probably traders got steady result and consistent in just one trading pair. They are mastering it but if we see others trading pair, we may find that opportunity to make profit appear there, it depends on us, whether we will take advantage or not! Whatever, now I want to know your trading style on this issue, please ……………..
Well, usually I do not trade in multi pairs often. Not because I have no knowledge about several trading pairs, intact I traded different times, but I do not find myself comfortable in dealing with several trading pairs simultaneously.
I also think that, trading in several trading pairs at a time would make things unnecessary complicated also we shall not be able to keep any on all those pairs as much we shall do while trading with a single trading pair. On the other hand, my favorite trading instrument is gold metal and others trading pairs I occasionally trade according to the market situation.
There are though some benefits one may seek trading several pairs together, one such advantage is it diversifies your investments so keeping the risk in limit but the big disadvantage it would bring is by making it hard to gather information about all those pairs and manage all of them.
For me, usually will open some pairs at my trading chart, but not all pairs I will choose to trade at one day, usually only choose one or two pair to traded. Because I will see my trading equity and possibility about the pair will giving more opportunity to catch profit or not. Although, not always success trading at few pair, but I will try to maintain account with stick money management, except in demo contest usually will trade will full lot size and closed relying with lucky.
Sometimes, I am also choose gold metal to trade, but usually gold has high trading spread fee which is not available option for me. If only have small margin then it’s impossible to trade in gold metal. In addition, I think trading in gold metal also required string mental if faced with floating might will in large number because average price movement of gold is more than 1000 pips.
Whatever it is! My personal trading strategy allows multiple trading pairs, that’s way I am comfortable enough with several trading pairs in my live trading chart! Although in my initial stage of trading I used only 8 major currencies of Forex, but right now I am also active on CFDs, Indices, Stocks and commodities! As a result, end of the month I get enough monthly return so smoothly!
With the help of a Reliable trading system we can learn the trades in a better way.
Originally Posted by Jillur Rahman
Whatever it is! My personal trading strategy
allows multiple trading pairs, that’s way I am comfortable enough with several trading pairs in my live trading chart! Although in my initial stage of trading I used only 8 major currencies of Forex
, but right now I am also active on CFDs, Indices, Stocks and commodities! As a result, end of the month I get enough monthly return so smoothly!
I have been doing my Forex Trading with FXOpen Markets from the last 10 Years and they are very Reliable and Trustable International Forex Brokers.
I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal
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