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Is it advisable to trade on all currency pair as a newbie?


flybiz08

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On 8/12/2021 at 3:02 PM, Harvey said:

If you are using a demo account, there is no harm in trying various currency pairs because it is risk-free if its live account using various pairs could lead to higher loss.

We can easily learn trading in the Forex markets with the help of the Demo Trading accounts.

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Newbies willing to make money from the market should not trade more than three pairs. There are always classic pairs, and we should stick to them like eur/usd or eur/yen.

Because they are popular in demand and also have lower spreads and better movement to earn profits.

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On 9/3/2021 at 9:26 PM, e_abrams said:

Nobody can trade on all currency pairs and be successful. Pick a few of the more popular ones and try them out, then narrow them down to one or two at a time.

When we are getting more income from our trades we will be able to get the required profits from doing our trades.

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