Is it best to start with just one currency pair to learn fundamentals?

dianajs

Private, 1st Class
Messages
778
Yes. Initially it is best to choose one single pair. Spend time to observe that pair as much as you can. Every pair has Its own characteristics. You will find some unique characteristics of that pair. Study them and test them. It's a trail and error process. Once you are well familiar with one pair. You can choose another pair.
That is my advice as well. It's not a good idea to divide one's attention onto several pairs, especially as a newbie. Study them one by one.
 

EURUSD

Sergeant Major
Messages
1,133
That is my advice as well. It's not a good idea to divide one's attention onto several pairs, especially as a newbie. Study them one by one.
Yes one pair is already enough to making money if trader already really understand caracter these pair, and also trading one pair will easy to manage the risk, we can trading with using such strategy like as averaging with stop loss or we can trade for long term plan trading
 

dianajs

Private, 1st Class
Messages
778
Yes one pair is already enough to making money if trader already really understand caracter these pair, and also trading one pair will easy to manage the risk, we can trading with using such strategy like as averaging with stop loss or we can trade for long term plan trading
What were the first pairs you began studying? EUR/USD?
 
Top