Post
Topic
Board Trading Discussion
Re: One trading strategy is enough.
by
Xcode7
on 27/10/2024, 06:28:48 UTC
From my observation of some older traders who are consistently profitable in the market, I have observed that they usually are very consistent with their strategy or approach to the market.

Just as starting to trade on one pair first is important for a beginner trader, it is also necessary for a new trader to know that the easiest way to become confused is to try to learn different trading strategies from different traders or sources at once.

One trading strategy is enough to make you successful until it is no longer working.

I agree with what you say that this is an OP, because the more strategies you use, the more complicated the situation becomes for you. At least if it's just one or even, let's say,
a maximum of two, it's still good as long as you don't exceed two strategies.

This is all I can say that it is fine, as long as you are comfortable using the strategy that you want to use in the actual trading that you will do in any
exchange that you will do trading activity.
When someone trades using only one strategy I think it will require them to stick to one strategy no matter what they face in the trade they do, but if they have two strategies they can change their strategy when something happens that they did not expect before when trading. It is true, of course someone must be very comfortable for them when trading whether they will use one strategy or more when trading and do not let them use several strategies but it is not good but instead makes them difficult to trade.