To be honest,
No strategy or Method works for the second time.
The only thing that matters is the luck and good fortune.
If you lack in both of these, then surely you will fall in losses.
Moreover Trading should be done by doing high estimated calculations, not based on theories.
Hope this clears some doubts for you OP.
second time ? Or when re used ? Does that mean we need to practice all what is written by the op but if we are a beginner we can't learn all and I think most traders keeps on re using their Verry own single strategy because they think thats working for them and they are comfortable with that .
Luck and fortune sounds the same but what about the skills ? Trading needs skills . Estimated Calculations and theories sounds the same too but again this won't be enough without skills involved .
@op you missed trading or regular trading . Beginners don't know how to label themselve but they call themselves as plain traders .