Single pair

[Anderson]

Initially it is best to choose one single pair. Spend time to observe that pair as much as you can. Every pair has Its own characteristics. You will find some unique characteristics of that pair. Study them and test them. It's a trail and error process. Once you are well familiar with one pair. You can choose another pair.

 

[Tom Latham]

It’s not the obvious rule but it’s a good decision. End of the day, we need to know our own strength & possibilities! In my demo, I started with EURUSD & GBPUSD.

 

[Adowyn]

For sure it is you really need to learn how to trade with one currency and not with the best set of rules anyway. How do you plan to get going there completely and totally. Care to share this much or not? I am eagerly waiting for this one.

 

[Direbringer]

Yes, it's totally fine and correct anyway. It's better to work with it lately anyway for no matter what reason. True? Better to look for something like CAD/AUD and NZD and GBP, I would say - it's not so compete but still have tons of real needed volume anyway.

 

[Lee Mark]

True; even I started my demo by only EURUSD, but I am using 6 major currency pairs based on my demo trading experience! I don’t add any new pair on my live chart randomly!

 

[Eduardo Lucchese]

Most traders want to earn money quickly from this market. It is the most dangerous decision.

 

[Kevin Vogt]

Trading a single pair can be a good practice. It allows you to observe one pair for long time which gives you insights about that pair.

 

[Alicia Lynch]

I think EURUSD and USDJPY are very important pairs. It is possible to get a lot of good movement by trading in this pair.

 

[Alexander Hudson]

I think EURUSD and USDJPY are very important pairs. It is possible to get a lot of good movement by trading in this pair.

I completely agree with you.

 

[Alicia Lynch]

I completely agree with you.

Thank you. I think if you trade in Major Pairs, the percentage of loss is less.

 

[Kazumu Fukunaga]

I personally like to trade GBPUSD. Actually it is your choice. You have to find out which pair suits you. For a newbie it is better to choose a pair and do research on it. The process is you have to observe chart a lot. You will find some unique characteristics of every pair. Use those characteristics as your strength.

 

[Gito Dinev]

There are a lot of pairs to trade. But that does not mean you have to trade in all of them. one or two is enough.

 

[Kazumu Fukunaga]

Choosing a pair is one of important part in trading. every pair have different movement form and to study a pair maybe will consume a lot of time. so a trader should not jump to another pair when they still not understand the habit of previous pair.

 

[Oscar Shumack]

So, don’t shelter your frustration rather flourish your trading so it provides you with huge influx of money.

 

[Bahiya Shinam]

Trading in a single pair is secure for traders because traders find it complex to analyze multiple pairs at a time. You can concentrate on a single pair highly and produce a good result.

 

[Nayek Pichai]

Choosinga single trading pair is the finest job done by traders. Trading in multiple pairs increases the risk of traders.