Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Can old trading strategies work again?
by
jeraldskie11
on 27/03/2023, 23:04:02 UTC
⭐ Merited by fillippone (1)
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?
I know a lot of strategy and all of them are working, like pattern, SNR, ICT, SMC concept and others. But that doesn't mean I have to use them all in my trading journey. However you can confluence them to your strat but you should focus on a strategy or main strategy if you want to be successful in trading and you should have to refine it in order to fix something in order for your strat to increase it's probability of winning. I also experienced using those strategies, and I won in my trades. But when I experience losses, I switch to another strat which is wrong. Because losses are normal. You just need to master risk management and psychology and then stick to your plan. Just like what Rektproof is doing, a professional trader who turns his 500$ starting balance into $359,301. He's still experience losses in his trades but because of risk management and proper mindset, he became successful.