Specialize in a currency in the forex market:
In recent times, all specialization appear to carry higher yields.
About the application of this maxim in the FOREX market are split. There are those who claim and argue that the best way to identify real opportunities for investment and that if efforts are concentrated on a single pair signals can be detected more easily than if it diversifies the study. Others, however, maintain that the only observe the evolution of a single pair lost many really interesting investment opportunities and the benefits outweigh operate over a single pair.
It is difficult to give any reason to a branch of thought and that both have interesting strengths but also some weak.
What is usually recommended for those investors who are true professionals of trading is to be linked with others through online participation that can be websites, forums, blogs and more. This exchange of views and opinions provide a broad overview of the market so that the individual investor can specialize in a particular currency pair and also be informed about the general evolution.