Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?
When it comes to long term trading, a trader must know that the strategy he has taken is based on analysis. Many times trading strategy does not work even after doing good analysis, because no one knows the future, and the reason for saying this is that the market condition always depends on the global economic condition of that time, and also the rules and regulations, and since it is a changing process. It is natural that many times the old strategy will not work.
And I don't think those professional smart traders goes for sleep with a single strategy after investing money. They are always aware of the market conditions and are always ready to make adjustments to the strategy as needed.