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.
Traders have different trading strategies because they want to trade the tokens on best value and they want to buy these tokens at low price when overall market is low . Many people are trying to be rich by trading which could be risky and need more investment and these are main two types of trading which is spot and future trading. Spot trading is less risky because you will buy the tokens at current price and you will sell these tokens at best price. Future trading could eat all your money and full experts should do this trading but I will not suggest to anybody to trade these tokens at future trading. There are many strategies which could be use by that traders and I think they will not highlight all points on that thread.