Focus one currency pair at one time while you are playing makes
you become more efficient, which is "if you ever have one
chance, which currency pair would you be playing, and how would
you know is it at the right position?".
In gambling, normally a person will focus on a particular
table, if she/he decide whether today have the luck or not.
(what we normal people call it as 'luck') but actually they
have their own strategy, such as
betting a limited money to ensure he/she stay in the game
longer and a rule for himself/herself to feel whether today is
enough is enough, meaning enough winning as well as enough of
losing. In other words, today might not be a good mood.
Strangely to say, a bad mood quite easy to lose.
Diversify your money (resources) into more than 2 pairs makes
you tired, and you would not able to place your 'more money'
per pips if you diversify too much.
In addition to that, you would find yourself closing all the
currency pairs at the same time when the market does not follow
you, and you do not have a targeted stop loss for all the
currency pairs.
By the way, why do I compare gambling with forex?
Some of the games in gambling involves calculations. And of
course they are similarity of the following
a) with greed
b) with fear of losing
c) with emotion breakdown
d) could not stop playing
e) 90% losses
Not forgetting there do have winners in the gambling as well.
So how do they win? I don't believe they cheat but they do have
skill on their own. But do they teach us? For those who are
successful trader in forex, do you think they will teach us in
the public then? Doesn't it would look similar?