I used to trade a gazillion pairs and had great results for a while, then I had my doors blown off overnight! Now I only follow 4 pairs and rarely have more than 2 Fx positions on @ once. Get properly capitalized...then learn to make a few nice scalps a day. No need to trade 8 pairs IMHO. good trading, el surdo
Cash - With the help of anekdoten I have come a long way. Lots of my own backtesting, lots of sim trading, etc. All worth it though as I'm slowly getting there. Good luck man! You gonna do some damage in the next few years if you stick to it IMO.