Trading more then One Pair?
Hello everyone,
I know it is usually recommend for novice traders to start out trading more then one pair. However, I think I have come along way and looking to trade another pair. Specifically cable. I am not increasing the number of pairs I trade to increase my profits, mainly doing it because I want to increase my difersity. Like today during New York session I didn't really get a strong signal to enter. However, if I was watching cable I would of had a strong signal.
So do you think it would be safe for me to follow another pair? I just want to follow this pair to supplement my trading opportunities. I plan on not having two positions open at the same time. I just want it there in case there isn't opportunity in one pair over the other? Do you think this is wise and manageable? Do you think my motives for following another pair are valid?
Thanks,
--Nate
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