Topic: One trading strategy is enough. - page 4. (Read 1833 times)

The buy low and sell high strategy works in most of the places. As long as you keep your limited to the niche of spot trading and dont expose yourself to the risks of leverage/margin and all those things, you should be good. The next important thing is being consistent in following your method. Although there is no guarantee, you will make money in safe manner.

The methods other than spot trading are all in favor of the exchange and they are more of gambling than trading. It is better to avoid those and choose spot trading in which long term is the preferred choice over day trading.

You would be able to find it for yourself on the time that you would be facing up different conditions or situations when you do make trading. You would be able to find out that one strategy
wont fit out for all on which means that you would really be needing up to adjust basing up on the market and just like the rest been saying then you would be needing up something else or another strategy.

Strategies would be made out will really be that definitely be basing up on how knowledgeable you are on the tools or indicators that we do have available. On the  time or moment that you
dont even know on what are those things then you would really be definitely having a hard time on trying out to handle this volatile space. You would be that panicking instead
on finding up some ways or methods. Although its not an assured  thing that everything would work according to plan but at least you have done something well on which
it could cause up at least better chance on making profitable trades.

Testing different strategies is a must, after all even if the strategy that you are using right now works, if you do not test other strategies then you will have no way to know if there are other strategies that are even more effective, this is why traders need to be always on the search of the next best thing, as if they are not and their strategy stops working, it may take them months or even years to find another strategy that produces the same profits they had with their previous strategy.

Elaborating a good and systematic planning on trading help a lot, one trading strategy is enough to some people but it doesn't suit some people, it is not beneficiary to some traders, traders need to be observable and systematic to enble them to be profitable.
 
Based on my experience one trading strategy is enough for a trader to make a lot of profits but when you realize that it is not favoring you anymore then you can try another strategy, one need to understand the best way to handle your business, plus good knowledge and skills, marketing isn't about being expert, traders lose and gain, but just because one strategy fails you once doesn't mean that you should give up on the same strategy, when it fails again and again then you can use another strategy, when you use many strategy at the same time the market may be turning around and will not work in your favor.

As a trader then you should really be that making yourself that being dynamic rather than on being static. You should really be that having that kind of versatility on the time or moment that you do deal up with this
market then you should really be that making yourself be mindful on what are the strategies that you would really be using on a specific condition on which we know that on the time or moment that you do find yourself
being having that kind of adjustment on the time that them market will shift then you would really be having that kind of advantage rather than on sticking on a single strategy on which we know that this is something
that cant really be possibly be applied because if you would really be forcing up yourself on sticking on a single strategy then you are really that bounding yourself into some serious loses.

You would of course trying out to chase on what happened or made out those realizations along the way that it would really be never be that ideal on making yourself sticking on a single strategy.
It would really be that too impossible that you wont be making out those kind of thinking that you should really be that making up such adjustments on the time that market will be making
out some another movement on which it would be sensible on doing such act rather than on making yourself blind.

I think a trader should be dynamic in trading. Because it is not possible to get profit by using the same strategy again and again in the market and using different strategies again and again is also not good. A trader must have a good knowledge of the market so that his strategy works in his favor. If a trader is profitable from a strategy then he can apply that strategy again and again until he fails from there. But keep in mind that a strategy won't work the same way over and over again. My personal opinion is that a trader should also change his strategy on understanding the market sentiment.

One trading strategy is enough but need to try different strategy otherwise you can not pick right strategy in your trading, personally i am trying so many strategy then if feel which one is work and good profitable, then i applying specific one. If you know varieties strategy then you can apply best one, depend on market situation.

Agree with your opinion, we have to have many strategies in trading, because when the first strategy doesn't produce results then what we have to do is change to another strategy so that everything runs smoothly, there are many strategies that we have to learn, especially in trading, if we Being stuck with one strategy will make us overwhelmed when that strategy is not realized, which is why we have to learn a lot more from experience of being directly involved in the field, so that we understand the senior strategies they use so that their market is safe and runs smoothly.

If you are going to use one strategy then you probably your strategy won't be good for all purposes. That's why for some strategies only work in certain cases and they probably master those cases to make a benefit on their strategy. You'd probably need to at least master one strategy before even bother to try other strategies, sometimes you don't need to learn all of the strategies just to get profit.

If you are someone who would really be loving on fixating themselves on a single method then you would really be finding yourself having some those decisions on trying out something better or
indeed making up some combination in terms of the things been used on the time that you would really be doing up some trades on which i could say that it would really be that relevant then it would
really be that understandable that this is something that you must need on the time that you will be seeing different variations or conditions on which this market could have. It would really be just
that too impossible that you cant really be able to make yourself be thinking that there would be other possible ways and methods on which you could really be able to make yourself
be inevitably be doing things on which you do seem that it is really just that right to do.

For someone to be a great trader, one must not rely on a single strategy. It is important to learn different strategies so that if one stops working, you can switch to another. Trading is not easy; it requires proper knowledge. This means you need to be smart enough to discover your own personal strategy. Relying on one strategy may not be bad, but honestly, great traders don't depend solely on a single trading strategy.


Looking for new strategies is a good thing for any trader to do, because that is what may easily solve someone's problem when trading. However, if you're not doing that, and you may find it complicated, and it could be a long way for you because you don't way to go dip in trading . Someone can rely on one strategy, but believe me, one strategy may not bring you the profits you may want all the time. . So, let's try to get other strategies so that problems can be easily solved in trading.

That’s the best thing to do obviously because learning different strategies will only make things more complicated and as a beginner that is a wrong move for them. Selecting the best suitable strategy for you will mean you will have to have an idea about other strategies as well. Pick the best strategy for you, learn and understand it better and stick to it even though the outcome is not encouraging yet.

That’s the problem and the reason why some people fail in trading, they shouldn’t expect trading to be easy and to work out from just number of trials, you learn more things from your trades and experience, that how you grow as a trader, you are bound to make mistakes and as a trader those mistakes are what makes you a better trader. Even experts lose while trading so loss is inevitable in trading.

This simply means 1 strategy is not enough for long-term trading.  Since the market has cycles, different strategies should be implemented depending on the market condition.  I also learn from this article [1][2] that strategy changes as the market transitions from one cycle to another.  Strategy also changes when there is a random event happens affecting the trading market.  One can't just rely only in 1 strategy when the market is actually unpredictable.  Our strategy should be flexible and adaptive on whatever changes on the market thus we should have different strategy in hand applying which one best suits the situation.

The title and the sentence I quoted have different meaning although the one I quoted gives a tricky statement that gives its meaning true but it should not be used to support and confuse the meaning of the title.

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[1] https://www.forbes.com/councils/forbesbusinesscouncil/2022/04/29/15-expert-recommended-strategies-for-keeping-up-with-an-ever-changing-market
[2] https://trendspider.com/learning-center/market-cycles/

If you are a newbie trying to discover the perfect strategy to use, then you can be trying out different strategies just to know which one to go for, but if you get the perfect strategy, which you are able to earn more than losing, then it’s just better to stick to one particular strategy. If you trying to be smart, by making use of multiple strategies, am sure you going to end up confusing yourself which won’t really end well. The only time I know it’s necessary to change strategy is when you notice your main strategy doesn’t longer give you the desired result.

When some of them have the one that gives them a good result but they still lose, they are not always satisfied with it, they are always looking for the one that they will never lose, and it’s not possible. You are definitely going to lose when it comes to trading, no one can avoid that.

it is indeed quite helpful. but it all also ultimately depends on the character of the trader himself. because there are also traders who like to innovate, they combine various methods of analysis and strategies to create a new habit in trading.
that's not something bad, it all depends on the will and ability of the trader. if it is successful enough and not troublesome with one strategy, then it won't be a problem.

Yes we have to predict the direction of market. I have lost money by trading in strangles because of consolidated market. Options premium erodes quickly in both sides, but it works well in trending market.

It is true that using one strategy is enough for a trader who wants to be profitable and last in the market, and different strategies won’t help the trader; they will also confuse him because trading strategies are different things, and for a trader to be successful in the game, he needs to have only one strategy so that he can master the strategy and make money from the market. Although some traders are using more than one strategy, the thing is that those people are at higher risk than those who use only one strategy because they will master it more effectively and in a way that will favour them more. Trading strategy is very important for every trader. 

And this is something that you should really be thinking off with on which there's no way that you could really be able to make the same results on which someone do able to attain or able to achieve because there would really be different factors on which it could really be able to affect someones results or outcomes. On the time that you would be dealing up with the market then having that one method of
doing trading on which i could say that it isnt really that enough. Why? There would really be having that different variations on where this market would really be moving and you cant really be able to think
up that there would really be that one trading strategy would work from time to time on which it would really be that common sense. You would really be needing up to be versatile when it comes into this
aspect.

You would really be able to find for yourself on which one would really be that effective and which one isnt. It would really be that impossible that you would really be sticking into a single thing
on which you are really that fully aware that there would really be different conditions on which you could really be able to encounter on with. It is really just that basing up into someones
observation because you would definitely be able to notice it out once you do step your foot into this market.

I don't think that a successful trader uses only one rule and one technique for trading. I think a successful trader has some tricks which he follows in trading and some methods which he follows. Many people trade without indicators and they trade successfully because apart from indicators they have knowledge they stay updated about the coins and the market so when they trade, they are mostly in profit.

There is no doubt that we cannot do anything without knowledge, if we do anything without learning, we will not be able to profit from it, so those who are successful in business have invested a lot of time in learning it. Whatever technique they use to trade, they have spent a lot of time learning. So, learning is a vital element to have no matter what you are getting into.

This is why stealing others strategies will never work, because there are so many things to consider. Not only what may work for them may not work for us, but what may worked for them once upon a time may not work for them now neither, just because it was a good trading strategy back in one period of time, doesn't mean that it will forever be good, it may suck in other times. So, there are so many other stuff that we need to take a look at, and because of that we are going to face with a lot of issues, which isn't always that great.

I believe that we need to be better at what we do in order to be able to say this, but we are going to end up with something that's going to be hard to counter. Just learn how to make a strategy yourself instead of stealing others strategy, that way you will build something that works for you.

You will keep trying whatever you learn, and remove what you dislike or what doesn't work, and eventually what's left will be what you like. Sometimes what we like doesn't make profit, so we change it until we find something, and sometimes what profits is something we dislike. So we keep trying until we find something that we both like and also can be profitable at the same time.