How Many Pairs Do You Trade Everyday?

[moonchild]

This question can help you gauge your effectiveness in the forex market, it has been reported by brokers that traders that limits the number of commodities they trade have a high winning rate and also make more profits than those that trade a lot of pairs, personally I came to that realization after trading different pairs and not being profitable for many years.

I had to cut it to one pair which is gold and also took it a little bit extreme by just trading one timeframe, I don't care about what's happening in other time frames when trading, and boy o boy it has changed my trading completely, what about you? How many pairs do you trade currently in the forex market?

 

[FinTrader]

I trade several currency pairs - the majors. And I think that it is better to study one or several currency instruments very well and trade them successfully, than to trade everything and not know anything about them.