DislikedHi Edge,
That is fine for those like you you can manage 2 or more open trades at the same time. But I think most of us are not at that stage yet. Certainly it is one at a time for me, otherwise I tend to make mistakes.
IanIgnored
I also agree with your above post, since I travel a lot...I am usually trading off my laptop and have limited viewing area...so in order to see the charts well...I only keep 2 pairs up at a time. Perhaps at home I can put all 4 pairs up...HOWEVER, maybe edge or someone else can comment on this: My thinking is that while having 4 pairs up could give you great results when you are in winning trades...What about the days when you are in losing trade? You just quadrupled your losses. Say you used a 20pip stoploss...20 X 4 = 80pips lost. If I trade only 2 pairs...that's 20 X 2 for only a 40pip loss that day. Now I know some will argue that you will make 4times as much on winning days trading 4pairs, but I'm more worried about my "risk" instead of "profits" right now. Just something I was thinking about...food for thought.
Cheers!