Post
Topic
Board Trading Discussion
Re: One trading strategy is enough.
by
dunfida
on 26/10/2024, 20:58:30 UTC
Market conditions will always be different, even if you apply one strategy and try to find similar patterns for its application, then this is a difficult path, you will most likely search for a long time and make few transactions. But if you are guided by the principles according to your strategy, then you will be able to apply it much more often. I hope I explained it clearly, in general, with experience, a trader looks at charts differently, he sees levels and follows trends, when he sees a suitable time to enter a deal, he does it, and then it's all a matter of technique and following the rules.
Professional traders do not apply one strategy every time they trade to avoid the losing system, but what they do is always follow the rules and trends that are currently taking place by looking at the scaled charts. I do not refuse if there are people who want to apply the same strategy as long as they are comfortable in trading and make a profit, continue, but remember that market prices are very volatile, they don't always move the same as before, it would be good to continue the strategy used and add some suggestions guided by seniors by using techniques that have been tried before.

Using a single trading technique limits your experience and prevents you from becoming a competent trader. By employing several strategies, you will be able to determine which one is superior. I am confident that trading is a big risk, and whether you use one or not, you will most likely lose because it is volatile and you never know which one will pay. However, it is preferable for someone to use a different trading technique so that if this one does not pay, you can trade another one that will benefit you and yield a profit. That is why if you have professionals who are into trading for a long time. you should close with them they should be your mentor and you will enjoy, because they can't end a week without getting huge profit.
You wont really be that become a good or professional trader if you would really be just that staying up on learning on a single strategy or you will really be thinking that it will really be that enough.
I agree into those sentiments above that the market isnt really just that having that a single path to take or single behavior on which you could be able to focus on.

You will really be able to find yourself that you will be needing up with different strategies on different market conditions and will really be finding yourself having that kind of adjustments
on whatever the market will really be having in terms of price actions. It is really that impossible that you cant be able to think of on having those kind of seek of new strategies on the moment you do face volatility.

If you do find yourself cant be able to manage up the risks level then its either would be sticking on a single strategy or you will really be that simply holding or
you will really be trying out to make another one or simply making up some trial and error on every trading entry and exits you will be making.