Because there is one truth, if it will go up, then it should show it will go up, obviously some shocking news could change that in a minute, but unless that happens it should be as obvious as it gets most of the time.
It is technically good, but fundamentally negative then the technical will fail. I understand this since I started trading precisely in 2015. So basically at the moment there are only two strategies that apply in the trading market. That is technical and fundamental and still plus mental management. That combination is an old way that I still use today. Although it does need adjustment to current market conditions. But indeed everyone has their own way that is adapted to comfort and that is what differentiates.
Strategies won't last and will not exist until now if it isn't effective. It only depends on how we apply it and how we deal with the volatility of the market. Both technical and fundamental analyses are needed for us to make concrete decisions when trading. I think the best strategy or edge that we can have when trading is knowledge of what we are doing and managing the risks. Lack of knowledge especially about the basics will surely lead us to losses despite applying the most recent or latest strategies that we know.
There's no such thing about a fixed strategy that would work for long term or would really be working permanently.We would really be definitely be able to realize this on the time we had stepped our foot
into this market.You would be working and trying out to make different strategies as much as you could considering that market could change up from time to time on which it would really be just that
right that you would be making up other combinations and tools which it would really be able to read up a certain price condition or do make out patterns.We know that
TA's arent that precise to make use but it is better rather than having none at all.
While no strategy wins all the time and you can still encounter some short term losses, make no mistake, the whole point of using a specific strategy is because you have through your research find out that your strategy works over the long term, and the only way to do this is to test it out against different market conditions and markets, a research which will show that your strategy does indeed work over long periods of time and it is worth using, and if you find the opposite then that is a strategy not worth implementing and you should keep looking for it.