👉 HOW MANY PAIRS SHOULD YOU TRADE?
I get this question a lot and today I’ve decided to write a post on it.
There is no right answer.
The key is to know:
See Also
Most Successful Swing TradersHow Much Money Do You Need to Start Trading?Can You Make a Living Swing Trading?The Daily Routine of a Swing Trader• Yourself
• Strategy
• Risk appetite
• Goals
Swing Trader, that trades on High Timeframes and needs setups?
Watch and trade 20 pairs.
Day Trader, that scalps on the 1M or 5M timeframe? Trade 1-2 pairs
Day Trader that is risky and has no problem losing 5-6% a day?
Monitor and trade 3-5 pairs.
Day Trader who is risk-averse whose goal is to protect his capital and generate slow consistent returns?
Focus on mastering 1 pair.
Do not listen to anyone!
Know your goals, test what works for you, see what you like doing, and stick to it no matter what!
There are 1000 ways to make money. Find your way!
