Does a trading strategy becomes obsolete?

Bushdark

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Quote from: Kgdktac on January 28, 2023, 04:33:37 PM

it's not about finding the one "best" indicator or strategy, but about developing a trading plan that works for you, and continuously testing and adapting it. A good trader is one who can adapt to the ever-changing market conditions, and not just rely on one indicator or strategy.

continuously learning and staying updated on market developments and new techniques can help you be a winner consistently

There is no way trading strategy will not become obsolete as the crypto market changes along.
Trading need to be updating our trading strategies just will we are updating our portfolio and softwares every time to fit to a new environment.
The market changes everytime that is why sometimes the strategy we use last time might not be that effective again because the market had changed pattern and things will be moving in another different directio.
Since the marketdoes not move in one direction, we need to know what we are doing amnd adjust our strategies to meet up.

Osama Maaz

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In my opinion any indicator or other parameters can help us to make some good decisions but they are not correct all the time ,
Before starting any trade you need to collect all the market information market sentiments , traders fear and greed index and one most important thing is when everyone is saying that market goes up or down it will react inversely so be vise and good luck , Try to ride the trend with proper SL .

LUCKMCFLY

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Quote from: TimeTeller on January 19, 2023, 05:36:06 PM

Quote from: Cling18 on January 19, 2023, 04:48:09 PM

Quote from: tjtonmoy on January 15, 2023, 03:07:13 PM

The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.

Any trader can create their own strategy depending on the market situation. There's no uniform strategy for everyone and I guess that's one of the reasons why the market remains volatile. Trading strategies will not be obsolete. It could change depending on the situation but people will still use and apply it. New strategies exist each day as traders discover their trading techniques and they will surely continuously develop in time.

Remember also that every coin has their own features, hence, you can't apply the known strategy that you know of.
Each project is unique, so it depends on their performance on the market how you will attack them.
It means, you will not run out of strategy because there are so many and it is not specific to a certain coin.
What you can do better is learn more about the project, its progress and what do you think is the plan of its developers?

I think that the strategies in the trandig are not obsolete, because as time goes by they can be given another name, because the same traps, the same strategies have been applied since the year 1800, when the great speculators like Wyckoff were in full swing. like Livermore, they are great traders who at that time understood the market and made good moves in the market, got big profits and also losses, the market over the years has changed its ways of operating but the strategies are still my way to see the same The mushrooms, the pyramids, and the way of sometimes cheating with stocks has been repeated in all markets.

_BlackStar

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Quote from: Kgdktac on January 28, 2023, 04:33:37 PM

it's not about finding the one "best" indicator or strategy, but about developing a trading plan that works for you, and continuously testing and adapting it. A good trader is one who can adapt to the ever-changing market conditions, and not just rely on one indicator or strategy.

Of course you said it right, I mean strategy adjustments can be made based on market condition and also trading plan. Nothing obsolete, but maybe not always profitable. One strategy or another can be applied consistently if in the end the trader can profit from it, but of course adjustment are needed because the market is constantly changing.

One thing they need to emphasize, avoid trading for assets that have high hype which are likely to only last short time. The high risk there is mainly to lose money, and of course it has never been more recommended.

Kgdktac

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it's not about finding the one "best" indicator or strategy, but about developing a trading plan that works for you, and continuously testing and adapting it. A good trader is one who can adapt to the ever-changing market conditions, and not just rely on one indicator or strategy.

continuously learning and staying updated on market developments and new techniques can help you be a winner consistently

TheUltraElite

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Quote from: TimeTeller on January 19, 2023, 05:36:06 PM

Remember also that every coin has their own features, hence, you can't apply the known strategy that you know of.
Each project is unique, so it depends on their performance on the market how you will attack them.
It means, you will not run out of strategy because there are so many and it is not specific to a certain coin.

The major strategy is the same for most of the coins. Your basic should be to buy low and then sell high. Nothing more needs to be given importance, just treat the assets as numbers forget for the time being that someone has created the project and attempting to sell it the people.

The less emotionally attached you become, the more successful you will be in trading.

Quote

What you can do better is learn more about the project, its progress and what do you think is the plan of its developers?

One thing I might say here is that the developers are never going to help you in any manner, take their words with a grain of salt. This mistrust is highly prevalent in the crypto community and the project owners have done nothing to improve the situation.

TimeTeller

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Quote from: Cling18 on January 19, 2023, 04:48:09 PM

Quote from: tjtonmoy on January 15, 2023, 03:07:13 PM

The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.

Any trader can create their own strategy depending on the market situation. There's no uniform strategy for everyone and I guess that's one of the reasons why the market remains volatile. Trading strategies will not be obsolete. It could change depending on the situation but people will still use and apply it. New strategies exist each day as traders discover their trading techniques and they will surely continuously develop in time.

Remember also that every coin has their own features, hence, you can't apply the known strategy that you know of.
Each project is unique, so it depends on their performance on the market how you will attack them.
It means, you will not run out of strategy because there are so many and it is not specific to a certain coin.
What you can do better is learn more about the project, its progress and what do you think is the plan of its developers?

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Quote from: Cling18 on January 19, 2023, 04:48:09 PM

Quote from: tjtonmoy on January 15, 2023, 03:07:13 PM

The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.

Any trader can create their own strategy depending on the market situation. There's no uniform strategy for everyone and I guess that's one of the reasons why the market remains volatile. Trading strategies will not be obsolete. It could change depending on the situation but people will still use and apply it. New strategies exist each day as traders discover their trading techniques and they will surely continuously develop in time.

It is very important to adapt to the situation and develop new strategies for this will become effective. Yes, it will vary depending on the market situation that is why we also have to analyze the market so well and take action fit to the situation. Maybe people say it was obsolete because they are losing but the reason is that they are using those strategies in the wrong way and in the wrong time. Old strategies will remain useful but of course, we need also to create another one that can be more effective as the market has changed.

Cling18

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Quote from: tjtonmoy on January 15, 2023, 03:07:13 PM

The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.

Any trader can create their own strategy depending on the market situation. There's no uniform strategy for everyone and I guess that's one of the reasons why the market remains volatile. Trading strategies will not be obsolete. It could change depending on the situation but people will still use and apply it. New strategies exist each day as traders discover their trading techniques and they will surely continuously develop in time.

tjtonmoy

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The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.

Mauser

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Quote from: Woodrose on December 19, 2022, 12:10:47 PM

Now, many Trading Gurus are teaching the best strategy to use. Wherein fact, strategies are becoming obsolete as time goes by. If you are new in trading world, definitely you will be eaten by those traders who know a lot in trading.

It's true, there isn't one strategy that is going to work forever and will always make you money. Whoever is trying to sell you such a strategy is not telling you the complete truth. Markets are very dynamic, there are so many different traders that are always looking for a new strategy. Which means that a profitable will attract a lot of traders, that is going to make the strategy less profitable over time. It's important for any trader to constantly reevaluate our strategies and stop using them once they are not profitable anymore. This also includes to not trust blindly any trading guru. They might have their motivation to promote a certain strategy and we need to make up our own mind. The best is to not put all our money on strategy and rather split it out across multiple coins and multiple strategies.

stadus

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Quote from: monineklutak on January 08, 2023, 04:01:58 PM

in a bearish market like now, the ratio for success is very small, because the market tends to fall and makes prices like altcoins very dangerous,
cases such as FTT, CELCIUS and LUNA have provided evidence that trading strategies are not successful. I have proven this in the past year and lots of lose that I get,
but during a bull market, the trading strategy you use I'm sure will always work.

I tend to agree that the situation is not really for traders to make a profit this time but it was not because of those scams like you have mentioned, it is because we are in the bear condition. However, I'd never think this will make trading strategies become obsolete, maybe we could it was not effective at this time but we also have to note that it works perfectly for all traders, and also it depends on the market condition.

It will work eventually if we trust them.

oaz7t

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Indicators are driving force of the charts and I dont think they can disappear just like that. With
more advance techniques the analysis is further detailed but they take the help of indicators.
Every candlestick or any sort of ticker is representation of the total volume, with respective to
the timeline on axis X. I don't think it can go just like that. Considering its vital role in the whole
trading chart view and predictions it will gain more popularity and also give out rise to variety of
techniques to merge with automated trading. In fact it is the most effective traditional method to
do the technical analysis. True trader always gets more than enough info from these tickers, they know the importance in right way

wxa7115

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Quote from: monineklutak on January 08, 2023, 04:01:58 PM

in a bearish market like now, the ratio for success is very small, because the market tends to fall and makes prices like altcoins very dangerous,
cases such as FTT, CELCIUS and LUNA have provided evidence that trading strategies are not successful. I have proven this in the past year and lots of lose that I get,
but during a bull market, the trading strategy you use I'm sure will always work.

No trading strategy can help you to predict those kind of brutal crashes that we experimented, and it is because of this that it is important to also add to whatever trading strategy you use some sort of fundamental analysis.

And while doing such a thing cannot help you to avoid every single scam or bad project out there, it will help you avoid the majority of them, and this is invaluable as there are many traders out there which do not care at all about the fundamentals of the coin they are trading as long as they can make money with it, and at least to me this is kind of view is a huge mistake since you never know when a coin that may seem to be doing well on the surface can crash and wipe out your savings, and those three coins are a very good example of what I am trying to convey.

monineklutak

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in a bearish market like now, the ratio for success is very small, because the market tends to fall and makes prices like altcoins very dangerous,
cases such as FTT, CELCIUS and LUNA have provided evidence that trading strategies are not successful. I have proven this in the past year and lots of lose that I get,
but during a bull market, the trading strategy you use I'm sure will always work.

virasisog

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Trading strategies will never be obsolete because even small time and beginners and trading could apply or even create their own effective strategies. Technical analysis will always be a big help in trading and is still being used by professional traders.
Trading strategies will work and will always be helpful especially if traders would know how to apply them in all types of market conditions. Trading will always be challenging and new strategies could possibly exist but having complete knowledge about their application will always be an edge.

Peanutswar

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This thing still depends on the investors, if they know how the market moves too for sure they would like to make manipulation like it what happens when Elon musk makes a tweet regarding bitcoin the coins goes dumped because of this kind of action, even though you have a good technical analysis if there's a manipulation with the whales there's a huge impact with it. Also not everyone in investment really makes an invest with their marketing strategy some of them just put it on and wait for their long term trading plan.

LUCKMCFLY

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I do not think that any commercial strategy becomes obsolete, quite the contrary, I think that one way of trading is through how the great traders of the years 1800-1900 did, which was crazy, these techniques are always going to prevail over time, which are the same as now, but some have given them some kind of name, and that is what makes them different and of course now there is more technology, there are better tools to analyze the markets, I think that there are so many things and tools that it is not known how a commercial strategy can be, if the market speculators had entered at this time I think they would have made a lot of money.

nurilham

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I thought it would not be like that. The trading strategy will still work if the strategy is in accordance with its development. This means it will depend on what kind of strategy is used. Analytical techniques will certainly develop on a regular basis in accordance with technological developments and also charts on the market. Maybe the same trading strategy will not always work, therefore, this is the function of evaluating each trading activity so that we can evaluate whether the trading strategy is still working or not. But on the other hand, trading strategy with indicator analysis is not the only thing being done. To get maximum ahsuil, we also have to understand Fundamental analysis and have good enough emotional management so that we can support our strategy to be more successful and reduce pressure.

Captain Corporate

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No trading strategy ever becomes obsolete if it worked at some time or another. The ones that work are there to work again when the time comes. Its just hard to adjust a strategy to work at ALL times, that just doesn't exist at all. I understand some people would prefer it if that was the case, like have one strategy and not work or think about that ever again, but that's not going to happen and that doesn't exists. So the best thing to do right now would be making sure that you are making a profit this way more than you should, and that's a pretty good deal, and then when the time passes, put it at bench and bring out the new one and cycle them that way.

Topic: Does a trading strategy becomes obsolete? (Read 1112 times)