Quote from: SATWAT on July 06, 2025, 01:47:51 AM

Quote from: Botnake on July 05, 2025, 11:50:49 PM

Quote from: Strongkored on July 05, 2025, 02:28:20 PM

Quote from: harapan on July 05, 2025, 11:11:26 AM

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.
Understanding many strategies may help us because the market is often unpredictable and it is possible that one of these strategies suits the current market conditions, but overall using many strategies in one trade will cause confusion and mistakes in decision making.

While I do not oppose having multiple reserved trading strategies, but in the long run you have to stick with a single strategy that is best suited to your trading style.

However, sticking to it does not simply mean you just keep doing the same thing, but as what successful traders have been telling us, improve your strategy from time to time and keep it updated, so that it can still combat those unpredictable market changes that are bound to happen every time we decide to trade.

Usually, peoples in early days of their trading try to keep changing into their trading strategies because its never been easy for them to have stick with one which allow them to have better results and keeping changes always helps them for having better performance.
While at the end they always keep strategy which allow them to have things balance because it's also important for them and their trading which need to have keep staying on positive during work on different strategy their business is also had ups and downs.
At the end always having strategy which give them better result and also have things easy to organize works because having more pressure or always keeping changes never help and also never affordable for most traders.

Changing up strategy isnt that bad because we are trying to find on what suits for us and to think that strategies could be applied on different market variations or situations on which its a common approach that you will be having those kind of changes or adjustments on which its understandable that as a trader then it will be that a trial and error thing. There are those situations that you would be needing up to have those kind of testing because not all the time that 1 strategy could work in all different market variations and since we do know that this market has different conditions then its normal that you do find for different approach but its true that you would be having that kind of headache whenever you do have those strategy hopping because we cant be able to make sure that one strategy will be effective on a specific market situation. There's no way on proving it out because the main proof will be that for you to become profitable in the first place. If you do know on how to make out some adjustments and for the sake of trial and error and you do learn something from it then there's no issue when it comes to this but make it sure that tolerance will be there because the main that affects it out is your emotion and your mentality because once that it will be having that kind of reaction on which it will be causing up that kind of those decisions that isnt that getting in line with your plan. If you are eager on sticking into one strategy then its not that also bad because everything will be basing up with someones preference and on which if they do saw about for it to be effective for him/her then why would be that trying out to hop for another one? It all matters about mastery? Yes it it is, but you cant just that be able to avoid not to think that since this market is volatile and unpredictable then it would be that so hard to stick up with one strategy or ways on how to deal up on different market situations or conditions. It will be that up to you whether you do made out some adjustments or you would be sticking up into your plan. Just make it sure that you wont be having no regrets at the time that you do made out such decision because usually traders do have those kind of regret at the time that they've been testing out some strategy and then tending to make out some changes just because they've been trying out to have that new strategy and ending up losing.