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?
The market is constantly changing. For 3 years, I have modified the trading strategy many times to suit the current realities. What worked in 2018 did not work at all in 2021, and so on. And I don’t even want to talk about the change in trend, the change of bulls to bears and vice versa. It's all about the markets themselves. It's no secret that exchanges monitor the actions of traders, and if they notice some patterns that a trader very often successfully uses in his strategies, then they try to fix it. I have noticed this many times. Although, why be surprised, because exchanges are a kind of casino that always plays against its client. Therefore, it is not beneficial for them that someone finds the right ways to extract money. They will stop this in every possible way and reconfigure the bots so that your working methods are the least effective.
Therefore, if you want to remain a successful trader on exchanges, you constantly need to refine and modify your strategy to the current market realities.
I was thinking it is our approach to the market that needs to be modified, because it is the same strategy traders have maintained over the years. The candle sticks are still the same, indicators as well hasn't changed, Sometimes it could be that traders tend to forget how to use the strategy the built in the past and as a result build new ones and discard the former.