What do you do to a trading strategy that already earns you a good percentage in profit. do you still try improving on it to ensure it does not fail? or do you let it be until it starts showing signs of failure?
It is a simple question but I think answers and opinions will be different considering that some traders may fear further tampering with the strategy, others will no want to wait until it fails, what is your style?
with the current strategy that you have and is giving you good percentage of profit you should first be grateful because no one gets a good strategy without giving in effort. But there would have been a lot of strategies existed In the past that gave good return but the chances are really low that people are still using that same strategy that they used 5-10 years ago. Because of the rapidly changing world there comes different factors that affect the market. It may be because of the economic situation of the world, a country or because of whales that manipulate the Market.
one strategy can't always work . If the current strategy you have is working it's good but you should have a few backup strategies locked and loaded that can take over when this stops working.