I have made a huge mind shift since I began trading nearly 7+ years ago.
When I first started I wanted to make the most money, as fast as possible.
I chose the most volatile pair at the time, which was GBPNZD, in 2024 it would be GBPJPY.
Those pairs move 150-200 pips per day on average.
And, with that much volatility, comes much larger losses – plain and simple.
Also, I like to trade with automation – and an automated system can run away fast trading a pair that moves 200 pips per day and can trend up or down 1,000 pips over a few day period.
NOW my mind has shifted and in fact my profits have increased and my risk has decreased, by simply trading the lowest volatility pair(s) such as EURGBP, CADCHF, NZDCHF & AUDNZD – each of which move about 40 pips per day.
Yes, those pairs can still trend and move a lot a few times per year, but they are much more controllable than the high volatility pairs mentioned above.
Now a days, I run my automations on the slower pairs and it has even allowed me to go back to old algorithms and re-run them with success – opening up a whole new set of automated trading on low volatility pairs.
In fact, from my testing I can run many of the bots I have developed and purchased over the years on the lower volatility pairs and create a portfolio of trading systems running on small accounts ($1,000) creating a lot of diversity in my forex portfolio.
Soon I will be offering a new level of membership called “Portfolio Manager” allowing you to access multiple bots that you can run on smaller accounts at the minimum lot size and create great diversity in your trading moving forward.
Stay tuned….