Post
Topic
Board Trading Discussion
Re: One trading strategy is enough.
by
milewilda
on 15/10/2024, 15:55:37 UTC
~Snip
"Your observations are really valuable. Consistency and focus on strategy is vital to a trader's success. It's very common for new traders to get confused by multiple strategies, so it's wise to stick with a specific strategy that will work over time. Thanks for sharing your thoughts!
Not always the same strategy will give you the same return in trading, while you may need to make some adjustments to increase your chances of getting profit. In some circumstances, your main trading strategy may still not produce anything and that is why you need to make some adjustments to combine it with other strategies.

The right strategy approach allows traders to get returns, but some other things also need to be considered including the right moment and time in trading. Analysis is also needed regardless of any strategy, so profits do not only depend on the strategy.
Using a single strategy may be a good option but it can never be guaranteed reliable in the future. This is the  reason why we have to keep informed and updated with the latest market trend so that we can adjust and level up our own strategy if it's no longer working anymore.

Also, if you have variety of strategy that you have proven valuable in your trades, then much better. That way, you will no longer struggle in trading because you come to trade in the market with reserved strategies that are proven worthy and useful.
I share your view and I have used one strategy to trade the market before, it was a trend trading strategy. One thing I can't decipher about the use of one strategy to trade which I don't think people are considering is how the one strategy helps you spot your trade, know the overbought and oversold region and also help you decisively know the exit time and levels. There are different strategies for all that, people overestimate the the power of one strategy, professional traders need more.
Sooner or later on which you would really be able to find out on how you would really be able to make out some another strategy on various situations or conditions on which we know that it will really be that relevant
that you will really be needing up to create some another strategy on which it will really be that in line on the current market condition that you are into.It will really be just that common sense or instinct that you will really be needing up to have another ways on how to handle it and this is why it will really be that impossible that you wont really be creating something new on the moment that you will be able to encounter something new. So therefore one strategy wont really be enough because you will be able to face up different variations on how this market behaves or works. There would really be those individuals who will really be that able to realize those things along the way but there are ones who will really be sticking up into their principle.

So it will really be just that depending on you on how you would really be dealing up with things but it will really be just that too impossible that you wont really be able to observe such scenario.
Market variations and conditions will really be needing up for you to consider out on creating methods and strategies on which you do seem that it will really be giving out that kind of
advantage or at least having some good shot towards market unpredictability.