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?
If a strategy works for me well, there is no way I will think of changing it when it’s earning me good profits. Since no strategy is perfect and works 100%, I will only continue to better myself with the strategy to try and improve my winning rate because that’s most important for me to keep and be more consistent in the trading game.
They say that every strategy works well, you just have to look for one strategy that best fits your style and work towards becoming better on it and not trying out plenty of strategy to look for the one that will be superior to the other, you’ll easily get distracted by that and won’t achieve anything in the end. One strategy that works well for one should be adhered to, that’s my style and what I’ll tell for every trader out there.