Newbie

cullyman · April 8, 2007, 11:18am

Hi All,
This is a great site (babypips)!!!
Simple question,
How many pairs would you follow @ any one time to get trades,(for swing traders)

Thanks

Cullyman

pipgod · April 8, 2007, 11:33am

I average some where between 10 and 20.

Always the majors.

rhodytrader · April 9, 2007, 8:16am

If you’re a new trader, and based in the US, then sticking with the major USD pairs is probably your best course of action. Once you get comfortable with that, then start looking at the major crosses.

cullyman · April 9, 2007, 6:07pm

I am in the UK John

thanks

rhodytrader · April 10, 2007, 8:32am

Then you are probably best off trading the GBP pairs - GBP/USD, EUR/GBP, etc. That makes it easiest to understand your profits and losses in your own currency without having to think about conversions from other pairs.