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What about you, what is your preference, and why?
Well, having more strategies serves as an option that we use in a particular market situation because honestly, not all strategies work in all situations, it varies as well. Pertaining to such scenarios, at least we have another option that we think it was more applicable. Having 2-3 strategies are enough for me and besides, it was not just the strategies, it also needs trading tools. After all, it all depends on how comfortable we are, and as a trader, we know what seems to be a more effective and profitable strategy, we can stick to it if possible.
I believe it’s an advantage if we can master more strategies that will suit whatever the market condition is. And yes, 2-3 are just good enough knowing once your single strategy is not effective anymore, at least you have other strategies that will still be working on that particular season of the market. Also, your attitude towards trading will also count. If you good strategies plus a positive outlook on trading, then that will make you a winner in most of your trades.
The more the better because we know that on the time that the market do make out some different behavior then this is when we do make out some adjustments which is something that we do really to do rather
than on sticking with one method or strategy which its just been said that this market does have lots of variations on which it would really be just that normal that you would be creating different variations of your
strategy too and you cant really stick into one. It is true that the more the better on which this would really be a better approach on dealing with this unpredictable space.
You would really be finding out for yourself about its relevance when it comes to strategies that had been molded up. You would adjust accordingly into that situation.