A trader explains why they focus exclusively on NASDAQ instead of juggling multiple assets like EUR/USD and GBP/USD. Specializing in one market reduces clutter, sharpens focus, and improves execution, especially for scalping. The most successful traders they know all concentrate on a single asset.
Chapters
Why did you choose NASDAQ and why choosing one asset instead of a lot of them? This is the biggest cheat code that you can ever get in trading, mastering one asset and the underlying mechanics that are moving this asset. I started trading having a watchlist on the Forex market. I was trading EUR/USD, GBP/USD. When I started trading only one asset, I experienced some kind of psychological benefits in my trading session. The first thing is that you have one chart in front of you. Maybe you can have price action and order flow, but you have the focus on one asset. In scalping, I think, and I want to advise you to have one trading asset. And I want also to say that the best traders that I know in person, that I know that are doing crazy performance out of trading, they all trade one asset. If I get my trading model on gold, I don't have the same performance.