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    Thread: How many times we should play for the same currency in a day? (Part 5)

    1. #161
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      Personally, I trade as many as possible any currency pairs in a day as far as there is a good trading opportunities present in it, and as far as my trading system keeps on calling out for trades. But it is very wrong to start trading on a currency pair without any god reasons for so many times within a day.
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    2. #162
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      The idea of trading thesame curency is to get your self familiar with such currency , when you trade thesame currency , you understand its behavior better , it enhances specialization, the more you trade it seriously , the more your chances of making more money out of trading it . However , one must not engage in over trading


    3. #163
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      We can place the same trade as soon as we see that the first is running profits but is can be very risky that is why it's adviceable to make use of stop-loss so it can protect your account from running out when the unexpected happens,it can easily ruin an account,this has ruin my account ones.


    4. #164
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      We do not have to count how many times we have opened a Forex trade with a particular Forex pair, Its all about analysis. We should always scan all available pairs in our terminal for signals, Once we spot a signal in Forex then we should be able to trade irrespective of the fact that we have traded that same instrument that same day.


    5. #165
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      Quote Originally Posted by satria View Post
      I think if the currency pair has the opportunity to trade properly. we can use it twice a day. for short positions and long positions. I was a beginner and I use the currency pair only once a day. because I do not dare to trade with large volume.
      we can trade forex pairs as much as possible in a trading day, i dint really think there is any limit in opening of pairs, all i know i that we cannot even reach that leve;l, because instead of opening too many trade on one particular pair we can easily open all in one place so that we will be able to control all of them, even if things goes wrong, we must always think like especially in the forex market


    6. #166
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      Well that depends on how many times a good trading opportunity shows up in a particular currency pair, if there was one good trading opportunity then you trade once but there was two or more then we trade as much as possible. There is no limit to placing orders in the market


    7. #167
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      i think it is enough for you to trade with a single currency in just one day because you can just open the position once and keep it open until the next reversal so like that you dont even need to trade more than once in that particular currency and still you will be able to make good money with that.


    8. #168
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      you can trade a particular curreny for how times you are comfortable trading it there is absolutely no limit to trading them , just make sure that you are trading the right signal because if you are not trading the right signa;ls you may be wasting your trading capital; and that is actually not a good thing at all bevcause you surely need to be very careful.


    9. #169
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      You can open many position on one currency pair .If your strategy is good then you can earn good from one currency pair . No need to trade with multiple currency pairs if your strategy is good . But using of different currency pair for trading in forex is good , traders need to use at least 3 pair for good result . i you are losing in one pair you will get profit on another currency pair .


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    11. #170
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      In forex, we are faced with dozens of pairs that we can enter for the benefit. If you put a position on the whole pair, you can be likened to a student / student. Try to compare with a specialist in their field (lawyers, judges, athletes, surgeons, etc.), who has a higher income? student / student or a surgeon?
      Beyond that, as time goes by, every trader will have a tendency to favor a particular pair and by diligently opening the position in the pair. It turns out these habits have a good impact on your trading trip.


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