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Topic: Trading Strategies changes with time - page 14. (Read 2379 times)

hero member
Activity: 2114
Merit: 619
August 18, 2021, 02:33:41 PM
#34
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
More elaboratively I would like to say that "trading systems change with time." The trading system we are talking about is actually the whole set of indicators and screeners along with the triggers that you use, this is what changes over time when you learn more about the market, not only with your learning even due to natural momentum shifts in the market these can change, for example, something as simple as RSI can be pretty helpful in ranging markets but might become useless in a sideways market, while something like Bollinger band might be pretty helpful in a  sideways market but more or less becomes useless in a single direction market.  So obviously there is no holy grail that you can create just once in your lifetime and rely on it for the rest of your life.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 18, 2021, 01:57:14 PM
#33
...If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. ...

The change in the trading strategy also depends on the specific trader, which includes the experience and knowledge of trading. And the more you gain knowledge that will be based on your own experience, the more often you will use new trading strategies that will be adapted to the current market conditions.
member
Activity: 518
Merit: 11
HODL
August 18, 2021, 10:49:24 AM
#32
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
I think this is absolutely true.  Except for technical analysis, charts, news, trends that need to be done in a disciplined manner, it is necessary to develop strategies, plans and profit-taking goals in trading that need to be flexible from time to time on the market.  I think the most important thing about trading is being proactive.
sr. member
Activity: 1204
Merit: 272
1xbit.com
August 18, 2021, 10:42:24 AM
#31
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

Strategies are meant to be changed only.
And many legends already said no strategy works the second time.
Trading is a luck and calculation factor, if you follow the same techniques for all coins then ultimately you will face loss only.
Instead what you can do is do good calculations and choose the right coin and get profit.
jr. member
Activity: 111
Merit: 1
August 18, 2021, 10:27:20 AM
#30
There are a number of factors that can have an impact on an investor's entry (buy) into or exit (sell) out of a given stock or sector. Obviously, the shorter the time frame, the more important the entry. Because you have to trade as well as know about the coins that how much they are changing in the present time.
hero member
Activity: 2156
Merit: 670
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 17, 2021, 05:25:45 PM
#29
Yes, right.
This too:
A trading strategy might work well on someone, but not for the others.
Everybody has their own trading strategy that fits them.
Additionally, the tradings strategy may also not fit to be implemented to all types of coins or tokens. Sometimes, different crypto will need different trading strategies and techniques.
sr. member
Activity: 868
Merit: 256
August 17, 2021, 05:00:37 PM
#28
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

We should consider all possible breakthrough that might exist when we can't use that strategy successfully. If we seen that we're going to lose many times, please make it stop and avoid risking on situation that you might not survive. Don't bother yourself from specific strategy, much better if you choose one technique then hold your coins until such it reaches the most promising cost.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 17, 2021, 04:14:40 PM
#27
As the market is very volatile, strategies have to adopt or you are the one to adopt the changes and test every single strategy that you know.
Volatile contains opportunities and risks. It bring opportunities to good traders and good investors. It brings risks to bad traders and bad investors.
It's the same for good and bad traders and investors, there's always the opportunity and risk.

Yes, if I'm trading and I find something good and very well effective and proven. Why would I leave that strategy even if I saw some other effective strategies from others yet I haven't tried it? There is this essence that if you're doing good with what you've chosen as a strategy, just keep going and as long as you're seeing the results and effectiveness. Don't leave it yet because that might be where you belong and where you're good at.
An effective strategy is good for you but it can be bad for others. Because one trading strategy is not applicable for everyone. Depends on your personal characteristics, greed, calm, hurry, emotional uncontrollable, etc. you will have to choose one trading strategy that can work best for you.

Rather than trying to waste money and use your pocket money to practice and choose a good trading strategy, why do you not holding Bitcoin?
It is true and that's why you should apply it only to yourself and if it's working well for you, it's not a problem anymore if others don't find it effective and efficient. As long as you're doing good with the strategy that you've been using, you just have to continue it.
full member
Activity: 1190
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★Bitvest.io★ Play Plinko or Invest!
August 17, 2021, 03:39:10 PM
#26
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
I don't expect anything less from a volatile market, trading strategies can't always be constant as you need to change and evolve as time goes by, else if you keep try one thing over and over again you will definitely get the same result, although I think trading strategies don't change rather you become a better trader,cause you should learn from your previous mistakes and try not to repeat the same mistake again.
hero member
Activity: 2730
Merit: 632
August 17, 2021, 03:17:16 PM
#25
You are right because as we can see trading is not constant, just like that the market also changes and it can give you two possibilities whether it can give you profit or it can give you a loss. Its all depends upon your trading strategies and due to market changes which you have to change your strategies with time to time. As a result more you will learn and will get more profit in the future.
There would be no such thing about being constant specially into this market.Everything could really change in a snap of finger because this is the primary behavior or characteristics of this market.
Of course strategies would be mainly be in change because there are lots of various situations which would be needing specific kind of strategy and this is really a never ending learning or seeking of
those ways for us to be more efficient into this market.Learning is continous and theres no such person that could know everything .
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
August 17, 2021, 03:10:53 PM
#24
Main reason for this is the fact that everyone figures out the profitable strategy so you have to get another one. So, let's say there is this X strategy that works, 100 people trade total, 1 of them figures out X, then only he makes money and 99 people lose money, then second person either hears or figures out X as well, now 2 people make money and 98 lose, slowly this number goes up and one day 50 people make money and 50 lose, if you make it higher than it slowly starts to make less and less money for the ones who use X, one day 100 use X and nobody loses, how could that be? You can't have zero losers while having 100 winners, that means nobody wins.

Eventually one realizes Y strategy works as well, while others are making a small profit with X, that Y guy makes even more, and some people realize this and move there, and the whole cycle repeats itself over and over again. Nothing can work forever, only because we can't have every single person profiting, then where would the money come from?
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
August 17, 2021, 12:56:37 PM
#23
You are right because as we can see trading is not constant, just like that the market also changes and it can give you two possibilities whether it can give you profit or it can give you a loss. Its all depends upon your trading strategies and due to market changes which you have to change your strategies with time to time. As a result more you will learn and will get more profit in the future.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 17, 2021, 12:48:11 PM
#22
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
Probably it has to be changed for every trades since that much unpredictable market is cryptocurrency, even if there is any proven strategy in your hand it may not work for others because not everyone is going to love with the same mentality so the strategies changes woth the personalities as well.
full member
Activity: 770
Merit: 101
fLibero.financial
August 17, 2021, 11:03:44 AM
#21
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
I will like to butress your view with what I expirienced early this year as regards change in trading  strategies! I got into cryptocurrency about the end of 2013/2014 bitcoin halving circle so, I was a noob. I had to learn how cryptocurrency works and I lost money been a noob! Because I was consistent in learning, I was able to take good position for 2016/2017 circle and my strategy worked In 2020/2021 Bitcoin circle, I missed my position because I was thinking bitcoin pump will be similar to previous experienced! Trading strategies do cchange indeed!
legendary
Activity: 2366
Merit: 1084
zknodes.org
August 17, 2021, 10:34:59 AM
#20
Some strategies will also develop due to changing market conditions. Don't just focus on 1 trading strategy. there are many strategies or trading indicator tools that can be used. Just how can you understand it. Don't get stuck on just 1 strategy, you must have a backup strategy.

Trading knowledge must continue to grow, use the most effective and profitable strategies.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 17, 2021, 01:26:54 AM
#19
One particular strategy of trading can't be use all the time.
Buy low and sell high will work all the time. It is an age old method and it always works. Point is that most traders fail to use it properly. They buy when everyone else is buying and sell when everyone else is selling, while they should be doing the opposite.

Although it is completely subjective, I feel that the point the OP is trying to make is day trading strategies and attempting to gamble on the day trades. Nothing something I prefer, but yes the buy low sell high might not be possible to perform here.

Trading is a competition between you and other traders, just like an Olympic race.
That is incorrect. The end result of a race is winning or losing. The end result of trading is neither. You gain a profit only if you sell high or withstand a loss only if you sell at low. But that does not mean that you lost the money. You simply converted one coin to another. You always a chance of exchanging it back.

Quote
If you want to trade everyday and make a living out of it, you'll have to never stop learning and will have to keep adding new skills to your arsenal.
Again incorrect. A professional trader does not learn new things everyday because that everyone can do - it is not a battle of knowledge but a battle of timing and nerves.
full member
Activity: 2128
Merit: 180
August 16, 2021, 04:45:53 PM
#18
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
This is why we should always learn to adopt the trend and always make a new strategy because the market is growing and there’s a lot of strategies to be made if you are open in the market especially open to adopt change. We cannot do the same trading technique 10 years ago, that’s too old and not updated at all.
hero member
Activity: 1288
Merit: 504
August 16, 2021, 03:57:01 PM
#17
That's true @OP. The market is a highly dynamic environment, coupled with the fact that, there are different market determinants that didn't exist some 5years ago that have come into the picture today. Surely, this have got a way to change some interpretation to the various tools we use in predicting the market.
We've come to a time where, a single tweet from a highly placed individual or organisation would affect the market in ways like never before. This only calls to the need for a more watchful fundamental analysis of the market.
So, it would be in one's interest to not just analyse, interprete and live the market but, to keep a watchful eye on either its playing out or not. Especially for an account without a huge capital.
hero member
Activity: 2212
Merit: 805
🌀 Cosmic Casino
August 16, 2021, 01:34:19 PM
#16
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

That's exactly what my mentor taught me. He always said since the trends for crypto markets are constantly changing, the need for one to stay updated and adapt to new trends is key. You can't say you're a trader and still rely on textbook theories. That's why it's essential to keep learning, adapting to new trends and staying on top of your game otherwise, you'll get knocked off the crypto markets. I'm always on the lookout to learn about new trends that the markets are evolving with. Back in 2017, it was ico tokens. Today, its NFTs, defi and play to earn.
hero member
Activity: 2926
Merit: 722
August 16, 2021, 01:17:23 PM
#15
Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
It should be, because trading is a continuous learning and there's no such thing about pinnacle of being a trader and you wont really be stopping learning because market is always been unpredictable.

You would really be needing to continue to learn up new things because instances or situations does really vary nor really changes which means strategy could really be molded up.

As time progresses by then  you would definitely make yourself even more better since you do gain experience towards this market which should be the main focus of yours as a trader.
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