Post
Topic
Board Trading Discussion
Re: Trade multiple trading pairs or only a few trading pairs?
by
Olacryptoex12
on 15/07/2024, 19:30:32 UTC
In the crypto market, there are many trading pairs. After trading only two pairs for a year, I discovered that it is good to focus on a few pairs. Why? It has allowed me to master those two pairs and understand how they really move. It has also taught me patience because when your favorite setup does not appear, you can avoid entering a trade. Remember, jack of all trades, master of none.

What is your opinion about this?
As an emerging crypto traders the most safest and easiest thing to do is to have a few pairs to trade and as soon as you gaining more mastering you gradually adding more pairs to your whitelist. The major important of doing this is to improve and master your strategy (technical analysis), be familiarize with the chart understand how it move, know your do and don't, shape your risk management and proper trade management and most important thing master your psychology. As an 4years of experienced trader trading is more of patience and little of triggering the sell/short or buy/long button.