Can old trading strategies work again? - page 8.

irhact

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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. 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?

I don't think you have to throw them away, they migybe useless now but in the future the currently new strategy that you are now using might become absolute and you would need something to fall back on. The old trading strategies can fill the void while you search for something permanent that you'll be using for your trading sessions.

Some new trading strategies only works for a certain amount of time like in bull market, during this time everything seems to pump so the strategies you can use for that period mightn't be the same that you'll use when the market aren't in a pumping stage. All strategy can be reused since the market is in a circle.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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.

Quote from: Bananington on March 20, 2023, 02:51:32 PM

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.

Quote from: xCryptoManiaX on March 20, 2023, 04:12:14 PM

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.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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?

Believe or not, I am following the same set of strategies for more than 6 years for crypto trading and fortunately I am into profit side till date. Probably the traders who are making use of only one strategy might keep changing their strategy more frequently but I am doing technical analysis with 4+ strategies and I take positions only when at least 3 of my strategies say same thing. This helps me to filter out short term trends. I always prefer riding on trends which might be the another reason why the same set of strategies are always working for me for longer duration.

In my opinion, a strategy may turn inefficient when market gets more volatility. To handle this, we might either need to stay away from trading or need to fine-tune the strategy by adjusting the parameters. I mean switching over to new strategy does not sound good or as a working approach (in long term perspective) to me.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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.

This is why having a trading journal is important. If you've the strategy written down, as (is) advisable, then there won't be any point in throwing it away or completely forget it. It's there on paper, you only need to revisit it to remember what it's like. You can retest it even years later when you think the one you replaced it with had become faulty.

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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?

Yes, highly possible. In the past I used Breakout technique but left it because it was time consuming as it were. I would've wait patiently for it to catch a few movements. I revisited it years later and discovered my trading was better with it.

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There is no reason to simply forget about the old strategy that was used because maybe it can be used again at other times, because sometimes market conditions require us to change strategy but not to forget the old one instead it can be used as material for evaluating what the old strategy lacks and if possible in combination with a new one and it can provide benefits then why not.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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 market does not exist by itself and it needs market participants as well as their cash/ capital flow to exist.

In all markets, the psychology of market cycles is not changed so strategies will work. The game just repeats itself over time because market participants don't change their psychology over time. Generally things don't change but applying strategies successfully depends on each person.

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Quote from: Unbunplease on March 20, 2023, 06:15:36 PM

The main issue is that trading strategies, in my opinion, can not become obsolete in principle. Because most trading strategies were invented a long time ago, and over time, these strategies only become more refined. There are very few new trading strategies.

That’s good about trading, it never gets old and if there’s a new one you can easily adjust since you already know fundamentals of trading. You can have the old one, and it can still work to other cryptos just try to set-up a new approach and you can be good. Trading strategies should adopt the current trend, its ok to have the old one as long as it works for you, analyze is your best preparation trading in the market.

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The main issue is that trading strategies, in my opinion, can not become obsolete in principle. Because most trading strategies were invented a long time ago, and over time, these strategies only become more refined. There are very few new trading strategies.

Mahanton

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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. 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?

On general sense then for sure you should really be remembering those old strategies that you do have on a particular condition or situation in the market rather than on testing out strats every now and then and trying to find on which one does work and if its none then you would jump to another one. Yes,we do know that this market is really that hard to handle it out due to unpredictability and this is why as a trader who do deal off with moving prices on active manner then it isnt something that simple to deal with.You would really be needing for yourself to be that versatile so that you could really make out adjustments
basing up on the market condition which it would really be that typical.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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. 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?

They still might be working but are less effective. They'll somehow become obsolete due to the change in market behavior which is why we also have to do some upgrades and discover new strategies to fit the current situation, otherwise, it was hard to make a profit. Meanwhile, we can still use some of those old strategies but not really often. I'd say it was less effective due to the fact that we can't rely on them as we need to look for other strategies that would really work efficiently.

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If you really understand trading then you should know that investors behave the same in similar circumstances and they approach to repeat the patterns. Trading strategies never change in any kind of trading whether it's Crypto or stocks, Market behaves according to the demand and supplies a common mechanism. So it's not wrong to say that Tadring's strategies never get old but they modify themselves with the progression. Some of the approaches never even change after many many years such as Hold, All In, and All Out on different instances. Trading is all about the uncertainty of the market price if you know when and where to enter and exit you can be a successful trader and these skills develop after good experience you cant learn it but you can experience it.

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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. 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 market is a cycle, so your old strategy might still work but you have to analyze it and adjust accordingly.
You must be more flexible when it comes to using your strategy, what works before might not be ok today or even in the future because the trend in this market changes over time. If you are talking about trading, then I believe strategies in trading can always be the same since indicators are not changing as well, all you have to look for is for the perfect timing and perfect combination of indicators.

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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!

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Quote from: Bananington on March 20, 2023, 02:51:32 PM

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. If you have experienced this before; has any old trading strategy that you decided to apply work for you?

Just retest it every time you think that something is changing. We can go back on it every time we replace it with a new one.

Quote from: Bananington on March 20, 2023, 02:51:32 PM

Is it possible that old strategies may work in the future again?

Yes, very possible. They may seem to look old but strategies are just there and they'll never be obsolete unless the market entirely changes but it seems not. That's why these old strategies if ever you've got one might still work and thus, you can't just forget about it when it has come to the point of time that it has helped you a lot from your trades.

Bananington

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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. 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?

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