Trading Strategies changes with time - page 15.

gabbie2010

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Quote from: Rockstarguy on August 15, 2021, 12:44:44 PM

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.

When market sentiment changes it will definitely affects a profitable trading strategy due to change in dynamism of the price, however an experienced trader with some little tweak on the losing trading strategy such a trader can make amendments and recovers the loss fund.
From my own point of view once the overall market sentiment changes e.g from bearish to bullish I will only find long opportunities with signals from my own trading strategy vicevisa with little tweaks and variation

Ziskinberg

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Quote from: Qirtov on August 16, 2021, 08:48:14 AM

Right, I agree with your thinking. The market is difficult to predict because it is unstable so it is not enough if you only use one strategy. You need some backup strategies to use when your first plan fails. At least you are better prepared to deal with possible market possibilities that will occur. Anticipating is far better than you having to fall into a loss that will harm yourself.

And you should be prepared for anything. As we deal with the market on its unpredictable trend, our strategies will also be changing from time to time as there are times that it wasn't effective anymore. Keeping our eyes on the market we can easily make some adjustments to our plan and our strategies as well. This is we treat the market otherwise, we don't survive. Some just neglect it and this is one reason why they often fail. Because if just only know what gonna happen by tomorrow, I think we are in good preparation but somehow, it won't and that leaves people many were still suffering losses no matter what we did.

Qirtov

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Right, I agree with your thinking. The market is difficult to predict because it is unstable so it is not enough if you only use one strategy. You need some backup strategies to use when your first plan fails. At least you are better prepared to deal with possible market possibilities that will occur. Anticipating is far better than you having to fall into a loss that will harm yourself.

Furious 7

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Quote from: passwordnow on August 16, 2021, 05:55:12 AM

Quote from: Slow death on August 15, 2021, 06:32:41 PM

Quote from: passwordnow on August 15, 2021, 06:12:25 PM

But why not try to keep using an old method that seems to be effective?

True, as long as the method proves effective it will not be old and will not need to be replaced. in this cryptocurrency market since 2017 things have worked the same, nothing has changed.

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.

I always repeat the same strategy and this is indeed the same effect, use almost the same but there is a little difference but I say this is the same way it works in that strategy so I will not test the strategy again as long as this one is still profitable.
And it's true that as long as we are good at cultivating the right position, I'm sure the strategy will also be right, even if there is no difference if outsmarting is not the same and difficult to find, then it is necessary with another strategy and even that needs to be tested several times.

Wind_FURY

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Quote from: Rockstarguy on August 15, 2021, 12:44:44 PM

One particular strategy of trading can't be use all the time.

But THERE IS one particular strategy that can be used ALL OF THE TIME with good assets like Bitcoin and stocks of good companies. HODL-type investment strategies + DCA. The strategy can be used in Bitcoin, Apple, Microsoft, Facebook, Tesla, index funds? Zoom out those charts to the maximum.

tbct_mt2

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Quote from: passwordnow on August 15, 2021, 06:12:25 PM

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.

Quote from: passwordnow on August 16, 2021, 05:55:12 AM

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?

passwordnow

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Quote from: Slow death on August 15, 2021, 06:32:41 PM

Quote from: passwordnow on August 15, 2021, 06:12:25 PM

But why not try to keep using an old method that seems to be effective?

True, as long as the method proves effective it will not be old and will not need to be replaced. in this cryptocurrency market since 2017 things have worked the same, nothing has changed.

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.

Yamifoud

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Quote from: Rockstarguy on August 15, 2021, 12:44:44 PM

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.

Definitely, it changes depending on the market situation and that is why we have to create plan A, plan B, so on. That is why we have not to stop analyzing the market as that is the only way we could adjust as well. For many instances that this strategy will also become obsolete and ineffective which a need for us to change it otherwise, it will just be a loss of money and wasted time.

yasj

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Change is a necessity in every thing that's present today. If you don't change you'll become obsolete. Trading is a competition between you and other traders, just like an Olympic race. 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.

Wexnident

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Everything changes with time. Trading isn't an exception. Especially since trading makes you fight not only other traders, but also a lot of other factors that influence the market, and so change is quite natural. Not to mention that not only you are adapting to others, but others are also adopting to you, hence why changes were something quite inevitable. Idk if you can also consider this as a "strategy" but swaying people to change the market in a way that is favorable to what you read could be possible as well no? Totally not talking about a certain someone in Twitter, but I think you get my point Wink

sheenshane

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One reason is just that the market price is unpredictable and there are no strategies and analyses that can give accurate results upon predicting the price.
However, you can use these tools to have support your forecast but it doesn't mean it will give full accuracy.

We should know this from the start, trading isn't just an easy way of making money. Even expert traders have also encountered losses even how good they are in technical or even fundamental analysis. You can use different techniques and strategies in trading but make sure that only the amount that you can afford. This isn't a trial and error, it will always involve money.

Slow death

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well in the case of the cryptocurrency market nothing has changed since years, at least as far as i can see it as in the past. maybe in other markets things are different. in the crytocurrency market is still the same.

Quote from: passwordnow on August 15, 2021, 06:12:25 PM

But why not try to keep using an old method that seems to be effective?

True, as long as the method proves effective it will not be old and will not need to be replaced. in this cryptocurrency market since 2017 things have worked the same, nothing has changed.

passwordnow

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Quote from: Rockstarguy on August 15, 2021, 12:44:44 PM

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.

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. But why not try to keep using an old method that seems to be effective? if it's still effective, there's no need to change unless you find it inconvenient and you really think that there's a need for you to replace that strategy because it keeps you giving loss instead of making money out of it. Strategies that don't work anymore really have to be replaced.

Rockstarguy

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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.

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