Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future.
Most old strategies are not what I can forget, I believed in screen trading and took much energy from me. I use high leverage which I thought was good but landed me in liquidations. Newbie traders will learn and they will move on. It is like promoting from a lower class to an upper class in school, you move up and you move on.
If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?
The strategies you apply can be as old as time and old for you because you have known about it many years ago, but the strategy is never old for you because you still use it. I see old strategies in this context as the strategies that you have abandoned before. I can not use the strategies I have abandoned before, I abandoned the strategies because they were faling me.
There isn't a one stratefy to rule them all. If you want to be profitable you always have to adapt according to the market conditions!
Are you talking about trend trading? If a trader is patient, using very low leverage or using just 1x leverage, adapting to market condition for trading is very profitable.