How long should a beginner stay on one pair?

There's a strong case for trading one pair for months: you learn its rhythms, its session behaviour and which news moves it. But boredom pushes beginners to hop pairs constantly.

How long should a beginner stay on one pair? — trading sessions clock diagram
The four forex trading sessions across a 24-hour day

How many pairs do you trade?

  • the number you trade now versus when you started
  • how long you stayed with your first pair
  • what pair-hopping cost you
How long should a beginner stay on one pair? — risk-reward diagram
A risk-reward ratio of 1 to 2

The major, minor and exotic guide helps you choose deliberately.

Background: Major, minor and exotic currency pairs explained

How to read a currency quote, which pairs count as majors, crosses and exotics, and why spreads and risks differ so much between them.

What are the seven major currency pairs?

EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, USD/CHF and NZD/USD.

What is a cross currency pair?

A pair of major currencies that doesn't include the US dollar, such as EUR/GBP or GBP/JPY.

Read the full guide

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