-
I think 1 pair is not good for even new traders, they should trade with 2 or 3 pairs because they will find more opportunities and more signals any their learning process will be fast while with one pair they will find less signals to trade and they learn slowly.
-
A trading plan makes the trader also trade at ease because he/she has some facts to follow and not emotion. This helps in situations where the trade is not doing so good because the trader will have a guide on what to do.
-
i think depend by each trader that suitable to analyze any pairs. for me also always follow the eur/usd and gbp usd. but when its pairs have dont allow to make decision i trading in other pairs like eur/jpy, usd/cad and eur/chf to scalping
-
i not interested with long term, because we must wait too long what the result. and also 200 Pips for me is very large, it also mean we need a large capital.
but hopefully you get well result and can share to us in here.
-
im rarely to using trailing stop in my transaction, i just use it when i trades in the news,
because when trades in the news the price will move quickly and sometime the price will back again in first position, so trailing stop is very important. and i use 5 pips its reasonable for me..
-
follow many pairs and trade in one time is really dangerous,
for me, i will difficult to analyze the chart because too many pair i see.
so better to make one or more transaction that only one pair in one time.
-
as a newbie trader we should focus on one pair, dont trading in many pairs. i think if you trading in many pairs you will get stress when the other position is loss. we can improve our skills in it pairs, if we mastering for it we can learn the other pairs.
-
trading in 3 pairs is enough altough they has been trading for 3 years.
if we know about the character of pairs in not become a problem.
maybe this is good way to be more focus and develop our skill in only it pairs.
-
i think we will need a more resilience of capital or good balance,
because follow many pairs and trade in one time is really dangerous, for me, i will difficult to analyze the chart because too many pair i see.
so better to make one or more transaction that only one pair in one time.
-
I think the best strategy is to manage your capital at your best level, use very little amount in trading and try to trade on one pair. if you use this technique you can easily survive in trading.