I know its hard, but its a good seed to plant for when they come full circle back to this advice...if they do...
Trading a single pair allows them to familiarize themselves with the specific personality in terms of price movement of the pair. In essence, they become an expert in that pair.
Over time, they will also learn the market ranges and the support and resistance levels which are all added fuel to profitable trading.
Trading a single pair allows them to familiarize themselves with the specific personality in terms of price movement of the pair. In essence, they become an expert in that pair.
Over time, they will also learn the market ranges and the support and resistance levels which are all added fuel to profitable trading.
DislikedThis is hard for new traders... trading 1 pair.
Trade the majors and stay away from the exotics until you're well schooled.
The most liquid pair is the e/u.
MikeIgnored
In Charts We Trust!