Trading approaches that were profitable in the past may no longer be effective in the future. When considering a strategy shift, it's critical to analyze previous tactics and decide whether to dismiss them entirely or keep them in mind for the future. While a new strategy may be operating well, an old one may become useful again in the future. It is critical to remain adaptable and open to modifying techniques as needed, while still recognizing the potential usefulness of previous approaches. Finally, the most effective approach is one that is adaptable to changing market conditions.