I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.
No matter what trading strategy you use, as long as it allows you to make a profit, it should not be changed. Using a large number of different strategies will not lead to even greater profit, most likely the trader will simply get confused in their use.
Exactly. It doesn’t matter even if you only have one or two strategies, as long as they’re continue working on you, that’s worth keeping. You don’t actually need to acquire a lot of strategies and develop all of them. You are the one trading, not your strategies, so you should develop well yourself as a trader first before you rush into learning different strategies. One or two is good enough, and just upgrade them when they start to lose their utility case.