Is trading BTCUSD, LTCUSD, and ETHUSD the same thing?

[goodoboy]

Hello all,

I am currently day trading BTCUSD, LTCUSD, and ETHUSD in sim or paper money mode.

I notice the price action for each market (BTCUSD, LTCUSD, and ETHUSD) trends the same.

Is this normally?

If so, does it make sense to trade all three since the trading setups look the same? seems like double the losses if all three markets trend the same.

Perhaps, its much easier to just trade one like BTCUSD only or he one with less spread.

Your thoughts please.

Thanks