Post
Topic
Board Trading Discussion
Re: Can old trading strategies work again?
by
Davidvictorson
on 09/04/2023, 07:50:56 UTC
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?
In my opinion, old trading strategies shouldn't be discarded, we never know what will happen in the future. I used to have a strategy that worked in the past but then stopped working, I kept it aside, developed a new and however I discovered that after some months, this same old abandoned strategy was put in use and made me some good bucks. I think different strategies worked in different market condition. So basically, what I did was to  evaluate why the strategy did not work in the past and I noticed there were some underlying issues or flaws that need to be addressed, I fixed it and reapplied it. As a trader be open or be fluid and be ready to adapt to the market as changes happen. Old strategies are gold and shouldn't be thrown out the window.