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- #1
There's a saying, "Don't put all your eggs in one basket." This very much applies to trades when we want to see results but not lose all money at the same time. Some would make the mistake of not diversifying, but diversifying too much isn't good either. Finding a balance is all it takes to make smart moves in a trade. Why? Holding positions in various currency pairs increases the odds of exposure to assets performing well in different market environments. Plus, it gives you a chance to explore different trading styles.
