Should you Master ONE Currency Pair / Stock? Here's the Truth!

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I only trade GJ. And no im not a millionaire trader but im a profitable trader. Im from Jamaica where 1usd is 148jmd. I have a 100k usd ftmo accnt where I consistently make 25 to 40% growth for the month. I enjoy watching other traders just to hear their journey and opinions.

kswappedem
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Sticking with three pairs, I have begun to feel comfortable with their characters and their secrets...though, work in progress.

zarty
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Variety is the spice of life when it come to stocks. I like the fact I can find the set up I want if I scowl through enough stocks> When it comes to forex I do think its a good idea to stick to a few pairs and understand how they behave.

TheNocTrader
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You can focus on more than one pair. All you need to do is look on the monthly and weekly time frames for directon. From there everything else is pretty simple.

lbaz
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Thanks Nick! I have indeed heard some people say don't focus on one pair, but I've found by experience that not all pairs behave due to their different personality. For purposes of risk management, this newbie has had more success trading just one at this time. Later I may add on.

cubbie
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I trade NQ futures everyday but this last week we've been reaching all time highs and don't like buying breakouts to new highs everyday lol

PlayLifeSmartTravisChristian
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Trading only 1 pair could mean there are for several days or weeks no big moves. It isn't worth waiting days for 1 pair like a hungry lion until the best strategy has formed to enter.

easybusy
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35 years old and its my first comment on YouTube 😅. I started trading a few months ago and starting to finally get good results 🥳🥳. And I have to said, you are the first one who is not trying to sell a fake course!! But instead you are sharing your knowledge about your passion. I really appreciate that and have to say you are fucking awesome mate. Wish I would have know you a few months ago, lol. But now, I'm watching your videos with great interest as well as the one from Karen Foo.
Wish you the best mate and keep It real 👍😉

javierfernandez
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What do you think about trading 1 symbol for each market catagory (forex, stock, crypto, energy, etc) to avoid any amount of correlation.

greenlightforce
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Bro go ahead and carry on .. definitely there is something good in future .... Long term trend following analysis with 200 days moving average is so effective and it's very helpful to get an idea to know overall market long term trend ..that is really awesome ... On YouTube I had not seen a guy like you make realistic content on Forex trading. Most of them are busy with selling course instead of teaching good things .. to be honest I would like to tell you that... Your concept really awesome to

nakashmehedi
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GA
EJ
Xauusd
N now am either looking for an stock or index to add to the list and that's it

Thlanc
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"Damn Nick is waiting for Gold at that level like a hunter."😊😁😀

mirbond
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Fasts! I only trade gold and EU and watch the dollar

showluv
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Yes It is better to focus on one trade or two it's pays alot. Forex trade had been my favorite stock throughout this year I got received the profit of $4500 every 2 week from my stock trader whom take care of my trade invest.

michaellambota
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GBPUSD and AAPL. Jumped in on the break out of EURUSD. Serious pullback on friday for both GBPUSD and EURUSD, I didn’t sell I just held it.... watched all my profits deplete but my analysis is to move higher. I didn’t check The COT report yesterday, I need to see if my analysis still correlates with the big dogs.

MelekShelomohTrading
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Everbody is asking what characteristics they have, well based on my experience; the big differentials they have are FVG or imbalance some will fill the gap earlier and go on, some may just move and come back later on to fill the gap and some will manipulate prices for you to give up or take your stoploss and move to fill or to move. personally i like those who fill earlier which supposed to be the ones are very volitile like Gbp/Jpy, Gold, even Gbp/Usd, Nasdaq100 and Cryptocurrencies. If you want slow motion movements go with Euro/Usd and Usd/Chf but never forget FVG is always important.

MusalMohamed
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Haven't been watching since lately just be liking the videos busy trying to opening up a real estate business right here in Jamaica

luchandmorris
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My entry time frame 15 min how many pairs take in my watchlist

nyc
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Thanks Nick, very helpful video. Cheers

aftabb
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GBPUSD is my staple. I can tell you all the market conditions since the 90s😂

nnadivictorc