many people are blessed with multi-tasking ability, such as Julius Caesar, so it is for your own best interest to focus only on a single pair rather than taking the whole bunch of there
---------- Post added at 08:15 AM ---------- Previous post was at 08:14 AM ----------
people are blessed with multi-tasking ability, such as Julius Caesar, so it is for your own best interest to focus only on a single pair rather than taking the whole bunch of them
it is well to know something well rather than weakly know many things. but in forex it is not wise to concentrate just one pair bcuz you need much knowledge to earn money in forex
Good and informative post. I love it. I will make sure I apply them in my daily trading plan. as well I encourage every beginner to apply them in their forex trading business day and day .I am very grateful for the wonderful post. very very thanks.
Many exper traders said that it is better to trade in one pair only and master it than trade with many pairs but we never really know them. Master one pair then master another, one by one
This however depends on individual trader. Forex market consists of different currency pairs and all can be traded. As a matter of principle, I trade majorly all the major currency pairs. I see the relationship between this pairs as some are positive correlated and some are negative correlated pairs. Trading only one pair will lower the earnings of traders.
If we set our attention to only one thing only we can grasp the characteristics of that thing faster. That also works in forex trading. Better to stick to one pair only for example UER/USD and trade with it untill we really understand the characteristic of that pair and can trade in that pair expertly
yes!you are rite.forex is the master of all.there a huge number of peoples who are trade in this business but they are like a student and forex is like a teacher.we are know that students are all but teacher is one.
A very informative thread for all traders in this forum of forex. If we are successful to know about one useful pair then its so much profitable for us like i believe that 0.1 to 0.3 is so lucky for me.
if you want to be unique trader so you must have your own invented system in trading, don't think it is very hard to make your own strategy, you should exert some effort in Forex and don't expect everything easy to reach your goal
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