Greetings to the master and the senior
through the international thread I would like to ask the master and his colleagues
there who know how to trade using the strategy basket-trading system?
I really want to know and learn
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Greetings to the master and the senior
through the international thread I would like to ask the master and his colleagues
there who know how to trade using the strategy basket-trading system?
I really want to know and learn
Ye strategy to may first time sun raha hoon . Ho sakta hai is ka koi wajood ho laikin meray kkhayal may normal traders is kay baray may nahi jantay . even I have not heard this term throughout my trading career.
I have heard so much about this basket trading strategy, but i am yet to understand what it is all about.
some say as separating or separated between oil and water
usually took place on Wednesday when British market had just opened and it was a trader can do the op
sorry if I'm wrong
From what I know, basket trading system is very risky strategy because it will use all currency pairs in a time so
I don't think if this strategy is good idea for traders and it's not easy to do. I prefer to use another strategy than using
this one, it's too dangerous but if you want to use this strategy so I suggested to try it on demo account first to know the
risk of strategy and effectiveness to use this strategy.
I am still new in the forex world so I apologize if any mistakes that I know its composition as follows:
SELL:
USD / CHF
EUR / GBP
NZD / USD
GBP / USD
EUR / JPY
AUD / JPY
GBP / JPY
BUY:
AUD / USD
NZD / JPY
GBP / CHF
EUR / USD
EUR / CHF
CHF / JPY
USD / JPY
ask guidance from the senior and master in this forum to provide information, experience and knowledge, thank you
Basket trading system is strategy which use all currency pairs at once so it's very high risk strategy and it will need very good
money management and huge amount of capitals to hold movement for many pairs. I don't think if basket trading system could
be used by beginners.
there are 14 pairs and we can divide them
there are 14 pairs of currencies, and we can divide it into two parts, the first part opposite each other with the second part
thus we can make use of hedging, for example, for the first part, we set the short positions and buy for the second part
we make order for all at the same time