FOREX TRADING BLOG 076 - Gaining a Feel for Trading

2,263 views · Published 27 June 2017 · 15:56 · Indexed 30 October 2026

Channel: Akil Stokes - Trading Coach · 2017 · Education

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We've all heard the saying "Size Matters" right? Well in trading this certainly holds true. However, bigger isn't necessarily better. Over the years I've had many battles with myself over what should be the size of my trading portfolio. On one hand, I would like to watch as many pairs as I possibly can because that gives me the opportunity to be involved in as many trades as possible. However, what I've noticed is that the more pairs that I watch, the more opportunities I miss, especially as I've increased a number of ways that I can get involved in the markets.

For me, it's very important to find that sweet spot between having enough opportunity, yet not being overwhelmed with opportunity and if you're undecided I would certainly go with the less is more approach. Trading fewer pairs may not be as exciting but it really allows you to lock in on those pairs and get to know them a lot better than you would otherwise. This may not seem like such a big deal, but in a field where success and failure are decided by the smallest of margins, any slight increase of your edge is more than worth it. 

Akil Stokes
Currency Analyst & Trading Coach
Trade Empowered – Empowering Traders Worldwide
http://tradeempowered.com/

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