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Old 19-10-2006, 09:32   #3
JohnJay
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Re: Anyone trade just one currency?

Trading one currency p would be advisable if you are learning about forex. It definitely would give a trader enough action. Like you said they are unlike stocks which can lay dead for months. If you feel overwhelmed trading only one then it will be worse trying to trade many others. It will be more confusing to try pinpoint where your errors may be then try to rectify them.

I guess your decision also depends on your strategy. If it is a uniform approach with other currency ps then trading more will give you more opportunity to trial your system. If you have a strategy which requires you to focus on a forex p then you might be better off trading less ps.

...Just my opinion.

Personally I trade many ps at once. Up to 10.
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