Is it advisable for a beginner to trade up to 3 pairs of currency at a time?
- #17
- Aug 9, 2011 11:18pm Aug 9, 2011 11:18pm
- Joined Jan 2011 | Status: Trader | 2,680 Posts
AVT INVENIAM VIAM AVT FACIAM
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DislikedIf you risk %2 per trade and open 3 trades at a time, you are risking %6 which should not be acceptable. Do not risk more than you can afford.Ignored
DislikedIs it advisable for a beginner to trade up to 3 pairs of currency at a time?Ignored
DislikedThat is what I am doing, I will be starting my Demo trading with the GBPUSD myself...Ignored
DislikedIf you can't trade one profitably, you won't be able to trade any.
If you can trade one, you will be able to trade them all.
If you learn market mechanics, you will be able to trade anything.. gold, corn, barbies.. anything.
Start with one.Ignored