Nicely Said... Bensool....
Originally Posted by ;
Thanks Cleannn!
Neato!
I didn't there were additional pairs beside GBP/USD.
Wow!
I wager that they each have their own unique characteristics.
.
GBP/USD is my favorite pair for trading and doing good. It doesn't have anything to do with the pair that dictates the success of your trading. System, cash management, and self control of a person's self is key to becoming successful.
You are not gon na make money trading EUR, if you can not make money trading GBPUSD.
Same with shares, options, bonds, warrants, etc.. . etc.. .
In my opinion, it depends on your technique.
Some pairs are extremely trendy, so if you are a long-term trend follower it's possible to make money.
Some pairs are extremely ranging, should you trade the range you will make good money.
It depends on you ability to wait as well. You likely will eliminate money, if you dash when taking trades.
I personally dont trade USD/JPY because the trend isn't clear enough for my own technique. Pick on the right market on your own.
Hello!
I think, dont use indiors for open positions!!
See paterns and handle S/L if you can do this you will earn money!
No S/L no cash!!