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From my observation of some older traders who are consistently profitable in the market, I have observed that they usually are very consistent with their strategy or approach to the market.

Just as starting to trade on one pair first is important for a beginner trader, it is also necessary for a new trader to know that the easiest way to become confused is to try to learn different trading strategies from different traders or sources at once.

One trading strategy is enough to make you successful until it is no longer working.

You're right.

You don't need to know bunch of strategies just for you to be profitable. One working and profitable strategy as a trader is enough to stay and make yourself beneficial from it.

But if you're still looking for a good one, all you have to do is to make yourself comfortable to whichever works for you. You're free to test a new one if you want to but stick to which is working.

Based on my experience almost all trading strategies are the same the only difference between other strategies is that is the execution and process but all of them are the same.
So it is a good idea to try all strategies I'm sure you will notice that they don't have any difference to other strategies learning them all gives you more insight and gives you more confirmation that gives you confidence where you put your position.

All strategies are working fine you just need to optimize them all that is why there are some tools out there that you can use to backtest your strategies and optimize them.
Once you find a strategy that suits you then you can start to apply it on a backtesting tool and if the result gives you a better profit then you can trade in live trading and apply your strategy then stick with that strategy. I don't think a strategy would just die in the long run that is why you need to optimize them to keep your strategy working.

There should be nothing called multiple trading strategies because traders will prefer to follow one. If the strategy they followed is not working, they will change to another one in the process of having more experience about trading. Or should I even say we should not regard strategies as one or many because it is just like a pathway.

Example of a strategy is:
To be using just 5% of your week income for trading. Not going more than 1x leverage. Not trading highly volatile coins. Using not more than 3 indicators. Setting stop lose at 10% loss. All take profit at 10% gain.

Can you see that it seems more of being a pathway than to be saying strategies can be one or many. Traders are using just one strategy which they are using to look for profit. If they are losing, they make amend by changing it in a way they can make profit.

As a new trader, trade on one pair is enough as they still learn about trading and need to understand how to trade properly. They don't have to force themselves to trade more than one pair because that can makes them difficult to controls their emotion. They can lose their focus to watch and analyze the market and could be late to take action based on the current situation at the market.

They must familiarize with their trade so they can practices with right. By learning from step by step about trading, they will see how good they improve themselves so they can moves to the next lesson.

They need to learn many things about trading because trading is not just buy and sell. Many lessons about trading they must learn and practice so they must have patience to do one by one.

There might be some expert traders out there who are using more than 1 trading strategy as long as it works for them, but most of them might only be using 1.

It's like when finding your first client. Just a single "You're Hired" might change your life. It's the same with trading where only a single "WORKING" strategy might also change your life. Of course, different traders might have different strategies, but as long as it works for them then it's good. Whether it will be putting a stop loss at 10%, or putting a take profit at 20% as long as it works for them then you will always, always make profit. Learning a single strategy that works on your trading style takes time, and money though, but most who pursued trading ended up winning, and it's because they find the strategy that works for them.

At the end of the day, it isn't that easy to know a single strategy that works for you, and as for my understanding, there's no strategy out there that works literally for everyone.

Consistency can be a good way, if you have a good strategy to begin with. And i agree with some of this, because it also contains the idea of following your plan, and not changing it mid trough because you feel greedy or you get scared of some fud that others might not even notice.

Also, that consistently is easier to achieve when you keep things simple and have a minimalistic mindset where less is more. Trying to combine several indicators "to make sure" is often counterproductive, as we often forget that it's about probablility and there is nothing sure in any of this. We often use several indicators subconsciously to try to make the chart look bullish if we want it to look bullish.

Simplicity also helps, because more people are watching that same thing and some crossed lines, brake outs and confirmations trigger major buy evens from bots and the people who are looking at that same common indicator as you were.

Yes, for a new trader, they need to learn and make sure they master a particular strategy before moving onto the next one; otherwise,  they might find it confusing to just comprehend every strategy at once. For example, every coin or token has a market trend that can be studied before one can understand how frequently the price goes up and falls and if  there are some factors that contribute significantly to the price movement. By so doing, a trader can master a particular pair, which can generate more profit compared to when they are trading with another pair, which they feel they can just predict the market direction at that moment.Successful traders may have different strategies, but I also believe they have just one or two that they are very consistent with and that generates them more profit than others. 

I understand that a lot of different strategies are hard to understand and follow for beginners as they may get confused with that. But, I don't think one strategy is enough. But, I won't say you are wrong because I don't know your strategy well. If your strategy is good enough and you are making money constantly with that, I will have to agree with you.

But as you know, everyone does not carry the same feelings and I don't think one trader can always follow others strategy. Even though I am just a spot trader and holder, I know that sometimes a trader have to take risk and do different things apart from his main strategy to recover  his loss.

They need to be very knowledgeable, experienced and disciplined so that they only trade when their assessment gives them safe entry and possible good profit. But the condition to enter the market is risk is small and profit is bigger than loss from their entry point.

If a trader is not disciplined, it's hard to get profit consistently.

When people succeed with one trading strategy or new traders succeed in the market for a while, they can think they can beat the market and are no longer open minded, flexible and careful. It is when risk becomes bigger by their carelessness and actions, so loss will come.

Believe in what you are doing, strategy you use, is good but don't close your mind and ignore all risk warnings.

No it wont work. Why? Market would really be having that different variations or conditions on which if you would really be trying out to stick on a single strategy then you would really be that definitely be finding yourself
be losing trades on certain conditions. Yes, there's no guarantee or precision about making use of strategies on which we know that when it comes to this aspect then there would really be no assurance.
Somehow having analysis and strategies is much better rather than on making trading positions without any basis because it would really be that considered gambling. One trading strategy?
Yes you could really be making use of that but you would really be needing up to focus or stick into that market condition before you would really be making or taking some action.

I do much prefer on knowing multiple ways or methods or analysis on which on the time that you do encounter those market conditions then you do already have at least that idea
on what are the things that you should gonna do, specially on whats happening on the market.

I don’t think that one strategy is enough. It’s most likely to be better to have multiple strategies and depend those strategies into the market movements. So maybe it’s going to be with 3 strategies.

• Bull Market Strategy
• Bear Market Strategy
• Sideways Market Strategy

With that in mind, I think it would be best to roll into those three things and make the most out of the market using those strategies.

One trading strategy is enough as long as it’s consistently working. If it’s not, then find another one that will suit to your trading style. We don’t need actually 2 or 3 trading strategies just to ensure our trading success, remember it’s not the strategy that will matter but on how the trader make use of that strategy. And bear in mind that if one strategy works for others, it does not mean that it will also work for you. Find a strategy that will definitely work on you, as much as possible for long term.

How will he know which strategy works for him if he doesn't try several trading strategies? But sure he can choose which one that works for him.

However, as a newbie, I think he would have to try out several strategies and see which one he'd like the most as it is linked to his personality. If he is the kind of a person who is pretty much living on the edge, maybe learning the riskiest strategy gives him more thrills and keeps him making money at the same time. It's his choice.

There are swing traders who usually just buy, and hold for a long time and when the time is right in the crypto cycle, they sell.

I can testify that as I have been running behind multiple strategies and different combinations but guess what, I had made more profits when I was using basic trading strategies and follow that one simple strategy before calling for some indicators and messing it up, though I was able to make profit but the amount of stress while trying out different indicators and the profit margin is negligible.

I think we should same from the basic strategies and experiments with them to shortlisted the one best suited strategy and hold on to it.

I prefer this because it does make us much more understand and understand how to trade and can get more consistent profits, we don't need to have many strategies in trading the crypto market, we just need to be consistent in 1 strategy, and perfect it into a powerful strategy for our tools to fight in the market.

Instead of learning many strategies, it will make it very difficult for us to enter the market, or place positions and so on that can make us confused and slow in learning and gaining profits in the market.

But the average problem is, many traders are always tempted by other people's ways of making profits in the market and make them always want to use the same way as others, which in the end he could not get the same thing as the people he imitated.

I think you should try a lot of strategies because it will give you a lot of experience in your trading, if you think all the strategies have been tried then you can determine one strategy that makes you profitable but I'm sure some traders will not try just one but they will apply many patterns to this strategy.

Sometimes we have to understand everything we need, and indeed if you use many strategies it will be a little complicated for you and even drain energy for a trade, it's just that this is for the sake of profit so I think some traders do a lot about the strategies they know.

I disagree with you! Talking about the experienced traders who are making profits in the market, I am happy to be one of them, at least in my little way. Trading strategy is subjective, we should respect that for any trader as long as it is working for the trader. There are traders who are fine with a single strategy, but it is not sufficient for others, they have to combine more than 2 strategies together for more reliability.

Like myself, I will be deceiving myself with a single strategy because there are many signals that one strategy will not be able to capture, but if they are two or three, the chance of it not missing your radar is higher. Also, a combined strategy often filters our trading signals for better reliability, we can't underestimate that. Nevertheless, I say yes to the one-pair trading, it helps traders to be better focused.

While I agree, the issue is that those new traders do not know which one of all the strategies they have read is the one they can use to obtain profits, so at the early stages of their trading careers, it is correct to try different strategies to see which one fits them the most and offers the best results, however once a trader has taken a decision and they are sure the strategy they have selected is a profitable one, then they need to stick to it and master it.

I would agree with that, one strategy definitely isn't enough. I would say one strategy when you are on the action could be fine, like if you have 10 strategies and one of them works and you start doing that and in that moment don't switch strategies just on the middle of the road, try to make sure that you deal with something similar, not really get anything crazy at all.

But, if we are talking about something that could make some profit, then the best way would be having some open view to the market and not limit yourself. If you have just one strategy and nothing more, you are limiting yourself and that is going to be a very tough situation for you, nobody would like that, it would also mean that you are going to be a lot slower instead as well.

market requires you to be flexible, you likely gonna require many strategy if you truly want to profit.

for an instance, the strategy for trading altcoin and bitcoin is starkly different, with bitcoin you can buy the dips and just wait until price recover, but with alt you can buy the dip and you will see more dips until you ran out of money to buy the dips and the altcoin will never recover again.

you just can't settle with one strategy if market is like that, on the opposite, by adapting to the market, you will create better set of strategy to go dominate the market and effectively trade on both bitcoin and alts.

I agree with you. One trading strategy that is best for any beginner or anyone who doesn't understand math or have pattern recognition ability is, in my opinion, buy and hold.

Everything you said is true OP, I remember the importance of it after you said it, I would also agree that learning many things at once at the same time will only make us more confused, maybe we have heard the saying that 1 move practiced 1000x is much better than 1000 moves that are only practiced once each, meaning learning various strategies at once is indeed good but it is actually very possible to make us even more confused and in the end everything we learn is useless or does not help us in terms of increasing profit opportunities.

I also feel and experience this where when I was still a beginner I studied various strategies from various sources at the same time and it turned out that the results were even more losses, because maybe it was caused by me studying many things in a short time so that I could not really focus on learning especially studying the weaknesses and strengths of all the strategies I learned so that when I used them in executing the market the results were losses.

Successful traders in my opinion are those who have good consistency in terms of making profits, there is no point in learning various things at the same time if in the end it is completely useless and only wastes a lot of your time, so choose one strategy that you think is right for you and focus on learning about the weaknesses and strengths of the strategy before you decide to apply it in terms of executing the market, and this is a really important point that all traders, especially beginners, should know.

I agree with you OP. As long you are profitable, it's already fine, you just to master it. But having one trading strategy that will make you profitable is difficult to build, you may try different strategies, you may loss some amount of money but everything is worth it once you find and build your own trading strategy that will help you to become profitable.

Exactly. Possibly, one strategy is enough for Binary trading or Stock market trading. I haven't traded on the Stock market, so I don't know how it works. But we are talking about the crypto market here, which is extremely volatile, and nobody knows what is going to happen. Everything was going uptrend for a week, and it may crash in the very next hour by 3-4% and I am sure most of the traders are not ready for such movement.

Imagine you were accumulating for the whole week and a specific crypto gained 3% in a week, but then it went down 4% in a hour because some bad news hit the market. I am sure it will take another week for a trader to overcome that loss using the same strategy!

Only basic knowledge of mathematics is required—not anything too serious.


Everyone must not be involved in crypto trading as there are many opportunities in the crypto space, but if you must become a trader, recognizing patterns is not an instant ability for a new trader; it takes a while to develop, and to develop this ability, you have to practice and be consistent with looking at the charts so that you can see these patterns over and over again for you to be able to recognize them.

Binary trading is way too simple, so it would be fine if we can just use one strategy here, while I think stock market trading is the same as spot trading here in crypto which are not that simple, so they are the ones that needs more than one strategy in order for us to still possibly profit even for a random and gloomy market condition.

To be honest with you, I don't have an experience on the stock market either but like what I said earlier/above, they are kinda similar with spot trading here in crypto and if there are obvious differences, that would be is that the medium that we are using in stocks trading is stocks (hence they are called like that). If you still don't know what stocks are, they can be Apple stocks for example, or Coca-Cola stocks. It's like the company's name or product that is at stake here.

You can always use Google to know more about them. Another obvious difference of stocks trading in crypto trading is their volatility. Stocks trading is known to be less volatile than in crypto trading, I guess that is because of their supply differences and that is cryptos has more and sometimes have an unlimited amount of supply, while stocks only has limited.

You do not have to change what is working for you until it stops working, you have to perfect one trading strategy to be capable of using it anytime that you want to trade because you have mastered everything about the strategy and you can be getting profits regularly. Changing from one strategy to another is going to get you confused, you can also make mistakes that will cause you to lose because you might mistake one trading strategy for another. Using just one strategy will help you when you make mistakes you can correct yourself and try again until you can be making profits from the strategy. We should focus on mastering one strategy but when it is not working anymore for us, we have to change strategy and not think that we can not use another strategy to make money.

When you are trying to add more strategies to your trading as a new trader, it can make such new traders to miss so many positive things in trading because it will not make you to concentrate to the particular strategy that is bringing profits to traders. Learning different strategies in the industry on how to trade, I don't think anything is wrong about that as an old traders in the industry, because you will know how to use one strategy among other strategies to earn profits from your trading which new traders need to be master of one strategy to earn plenty profits before they can learn more strategies.

Am still using one popular strategy to trade my coins, and is working for me the way I want it and till now I don't want to use different strategies in trading because I don't want anything that will make me to lose profits in trading.

And bare in mind that binary trading is really that a some sort like a gambling type kind of trading even though it would really be that just needing to choose up whether it would be going up or down of the price
but since we are dealing with an unpredictable and volatile market and on a short period of time then it would really be that something that too risky for you to deal up and this is why that not lots of traders or people who do really wanted to test out binary options just because they cant really be able to handle or bare up with the risks involved. This is why it would really be that just important that you should really know on what you are doing. Speaking about one trading strategy then this is something that wont really be that something ideal just because the market does have different variations on which simply means that you would really
be needing up to consider on making different strategies too on different conditions.

You would really be able to find it for yourself on how this market behaves and be able to see and realize that you would really be needing to make use of another approach on which you do sees out for it to be that relevant. This is why it would really be that important that you should really know on how you would really be gonna deal off with things for you to be able to make such decisions and creating strategies for
specific price movements or market situations.

Will they come a time where a strategy will no longer work if it has been mastered and understood? I don’t really think so. If you’ve mastered a strategy it doesn’t mean you won’t get losses but just have it in mind that you’ll get to learn more and more new things about it that will make you more perfect in it.

Sticking to one strategy is good but will advise if all strategies is being tested by a beginner before they finally settle for one that pays them more, the one they understand better and are always profitable in it using one single strategy. Let them elaborate while learning and testing l, them pick one that suits them most and stick to it all their life.

Well, you are right, in order to find the best strategy that will fit for someone, one should try out different strategies and find out which one is the best and will suit to the trader. It actually depends on the personal preference of the trader. Either you chose the highly risky one or the least risky strategy, the important thing is you will earn a decent profit on it consistently and you are comfortable and confident on your personal choice of trading strategy.

One trading is enough, but it depends on the kind of strategy you have. If you have a good strategy that works well on your trades despite of some few losses, I can say you can settle with that and continue to improve it to minimize your losses in trading.

However, it's never bad to get exposed with several trading strategies at first because that's the only way so you can come up with your most powerful strategy. And once you found it, stick to it and make the most of it while trading in the market.

I know been consistent with a particular strategy is good in trading which can actually bring profit to traders.  The problem with most traders is that they work with different strategy which has been challenging to them because it is not all strategies that works at the same time , it is important for traders to get to understand the strategy that works for them than having surplus strategy that can result to the lost of money. One thing traders should also know is that relying on a strategy is not a guarantee of good profit because trading strategy can change with time, so it is important for traders to be current with strategies just incase a particular strategy stop working well.

I know about that, buddy. That is what I was talking about. Since the market is not too much volatile, you don't really need many strategies and probably it is possible to go with just one strategy if people trade of stock market. But compared to crypto, it's way too much volatile and you never know what is going to happen in the next hour. So, your generic one strategy is not going to work.

You always should have a backup strategy for situation like this. I haven't been doing leverage trade for a while, but I have been doing some spot trading and part time holder as well. A single strategy is not enough to recover huge losses. So, sometimes you have to take risk to recover from such situation.

Yes, this is actually true that when it comes to market conditions and variations then we do really need to have different strategies just like on what you have said because on the time that you are just focusing on a single strategy then it wont really be working in other market conditions on which it would really be only focused into that particular condition on which you do find it to be that relevant.

This is why it would really be that relevant that you do really know on what you are really that doing. You could really be able to adjust accordingly on whatever the things you would really be able to encounter
on which of course there would really be no guarantee that these strategies do work but same as you said that it is really that better to have one rather than on having nothing at all.

You would really be able to find it for yourself on the time that you've seen others been using other strategies then it would really be better that you do really make out those adjustments.
This is why it would really be that better that you do really know on what you are doing. So that you would really be making yourself adjust accordingly.

It's going to be a lot of experiments for a trader and see which strategy works and which one is not. So maybe in the beginning, if you have built a successful trading strategy then it will be enough to consistently making money, but I don't think that it will be big enough. I mean yeah for sure maybe winning like $100 a week is already big when you are just starting.

But sooner though, you might want to diversify and make more strategies, it might be complicated for you, but if you believed that you can work with it and then be consistent, then it can probably make you more money and then you continue to evolved yourself and not just rely on what strategy to make money.

In as much as I understand the importance of what you are trying to explain, I will still have a contrary opinion over this. I know it'll definitely confuse learners trying to learn all at the same time but maintaining just one is not ideal too. In fact, it's not even possible to learn every strategy but a trader should learn as many as he can be able to absorb. The last part of your post justifies the important of having more than one strategy. When your favorite strategy becomes obsolete, you don't need to dedicate time learning another strategy, you'll just switch to a new one.


It's actually going to be complicated but it worth every time to get adapt. Single strategy in trading doesn't give a trader options in case of failure. When you have multiple strategies, you can easily diversify from one to another when strategy A seems not to work to strategy B but a single strategy will make you helpless in such situations and things like that often happens to traders.

If you are a totally newbie or even just have a basic knowledge and considered as beginner people tend to find what are the best and fit with their current strategy in trading so they keep doing testing until they find what are the trading strategy they will use and become consistent so they don't need to try too much new techniques as long as the current strategy works on their side.

It is good to make a lot of trading pairs to trade so you have an option people often do this so they can open a lot of positions to get profit but sometimes traders get overwhelmed and exhausted already personally I do single pairs every time to make a position so I can watch the market situation. After the positon close that's the time I do commit a next trade.

Perhaps, over time, a trader will be able to develop his own strategy, but for this, he first needs to study the theoretical part, and later practice what, in his opinion, should work best. Often, a trader enters a trade when he sees suitable conditions for this, and trading only on one pair can be difficult, because if you simultaneously monitor several trading pairs, you will be able to see good moments to enter a trade more often. But if a trader only needs one trading pair for successful trading, then there is nothing wrong with that either.

People's understanding is different in carrying out trading activities in the crypto market, for you one method is enough, not for others, they want to do it based on the knowledge they have, Spot, Margin and Futures are not methods that are often used and the level of risk is different -different.

If I may know what crypto trading method you use...!
And how much capital do you put in, so that you can be successful in doing it...!

All of us here want to be as successful as you in crypto trading, can you give us a little about the strategy you use and what type of crypto currency you use so that you can be successful in such a way, if you like, if not, that's okay, maybe we'll do our own strategy, even if it's not as successful as yours.

Yes, that's right. One trading strategy is actually enough. If we already understand trading and already know many strategies in trading, but you can't be consistent in one strategy, that's a mistake. Many traders experience defeat because they often change strategies, even though every trader must have been in a moment of getting a winning streak, but there must be a moment when you will experience a losing streak and feel the bitterness of failure.

However, you should not despair and regret the strategy you have made, you must be sure of the strategy you choose because winning streaks are a natural thing in trading. So don't change strategies often when trading, especially if the coin has a basis or fundamental to the strategy you made so you must be consistent with the strategy. Unless the strategy you choose is not suitable, and is not fundamental to your trading. then you should look for another strategy that you think is suitable for your trading.

Keeping a stop loss target and buying at the low and selling at the high with pre-determined targets as to set the buying point is good enough.

To be able to make these decisions quickly is the next best thing. That needs practice and with time and patience one can execute the trades smoothly. However opposite site movements are not uncommon and thus the trader should learn how to mitigate them without losing hope.

Most newbie traders still dont understand what buying low and selling high is.

A beginner just sticking to only strategy would not be smart of that trader because he would not know if there is another strategy that would had worked better for him while trading. Sticking to just one trading strategy without trying out other strategies can cause you to be trading in losses when there is something else that you could have used to make profits therefore your advice is valid and every new traders needs to try different options before settling down for a strategy that works very well for them. They should not change the strategy until it stops working, not even a distraction of a new strategy should make you to change the present strategy that is giving you profits or you are going to regret it. Trading can be very tricky and if you are not disciplined you lose.

So how you would really be able to make yourself that be able to have that kind of trading on the moment that on different market variations if you would really be that making yourself sticking on one strategy method when it comes to trading? We've known that there are really that indeed different scenarios or conditions on which it would really be needing up that different approach on which it would really be that
understandable that you would really be needing up another set of strategies when dealing up with something on which we know that when it comes to this aspect then it would really be that something understandable that making use will really be that something relevant or something that helpful. Sooner or later you would really be able to find out that it is really that something needed.

If you do find for it to be enough then it would really be your own choice but if its not then you would really be finding for another strategy that would really be working and something
which would really be that relevant. This is why it would really be that important for such aspect.

If you are new to trading, why will you have to learn multiple trading strategies when you already have one that works for you? If you end up doing that, then you will confuse yourself, which at the end, you will end up losing. The best thing is to just focus on one and make sure you perfect it. When you are already a professional trader, you can start working on other strategies, and if the one you are using doesn’t work any longer, the other one which you working on  will serve as a backup for you. But it’s of no use looking for multiple strategies when you already have one that works well.

Trading is very complicated so learning one strategy is not enough to get profit, every beginner must learn several strategies in order to get the right strategy in viewing the market. Because every market will definitely have different strategies but what is clear is that the most important thing as you said every strategy needed is discipline and consistency. because even with a good strategy if both of these things cannot be mastered then your trading will not go well.

Beginner mistakes are not only fixated on one strategy but the most common mistake is that they do not have their own strategy they prefer to use other people's strategies. In fact, every trader has different strategies and goals so it is very important for beginners to be able to apply their own strategies because only you know where your trading is going.

The thing when people ask maybe they should stick to one strategy is when they must have been getting profits for that strategy before, someone cannot be losing and be say they should stick to that strategy. People ask this because they feel other strategies will mean more profits which is totally wrong, a single strategy can get you the profits you definitely desire if only you try to perfect your self in that strategy. Sometimes this particular strategy might not be giving you trade opportunities everyday and people get frustrated and then they resort to searching for numerous strategies. If the strategy doesn’t give you trade opportunities for the day go on with other activities and close trade for that day. In fact there people that do not only trade with one strategy but also using one single pair, reason been that they have definitely backtested pair and have gotten the confirmation needed. So I am also of the opinion that a strategy is enough if there is profit and you have mastered it.

Well, you also have your point. One trading strategy might be good enough, but it still depends on our individual preference. If we have developed more than one working strategy, then that would be a lot better, at least when one stops working, we can proceed to our reserved strategy, that way we will continue to benefit from trading.

Whether its a single strategy or more than that, what matters the most is how the trader use it to maximize trading profit potentials. Otherwise, if you are new to trading, even if you have a lot to use, still it won't make you profitable at all.

The simpler the trading strategy is, the easier it becomes to implement and the better the result will become. In keeping it simple, one strategy is just enough and the good part of this is that the trader knows what to look out for in the market before entering any trade. When these key features are not present in the market, the best decision is to abstain from entering any trade. The only requirement is the discipline needed to wait and refrain from entering the market when the setups refuses to appear. Remember that with just one strategy, the number of trades will be heavily affected so the discipline to wait is highly needed.

Yes, is enough for trader to achieve his or her goal in the market because is a popular strategy many traders are using to put stop in their losses during the bearish season which is the best season for traders to add coins to their wallets and wait for the bullish season to appear before they can trade to make passive income. Focusing on one strategy in trading, it will allow you to become professional on that strategy, because you have experienced so many things that opened your eyes to be on a profitable strategy. Learning with different strategies as a beginner, I don't think it will help beginners to achieve their target in trading, because they will not know the one that will profits them most which such choice can make beginners to experience losses in their trading.

Sooner or later you would really be able to realize or find out for yourself that you would really be needing up more strategies on which you could really be that be able to make use because this market is really that dynamic on which simply means that price movements and the trend/conditions would really be that different to each other on which it would really be just that right that you do really know on what you should really be that make use of such strategy on the time or moment that you do find yourself having this kind of approach. You are really just that basically making yourself trying out to figure on what are the things that you will really be mainly needing. There are individuals who would really be considering on mastering one strategy but on the moment that you will really be able to find out that market is really needing up even more strategies then
you would really be actually be doing it.

Just like on what i have said that on the time that you would really be making yourself having involving with this volatile space then it would really be just that right that you will really be making up adjustments accordingly because this is like a marathon on which making survival and sustain yourself will really be your main priority. You cant really just that make yourself sticking into a single
strategy and sooner you will find out and realize that you would really be needing even more which its a normal thing. Experience will really be telling you that you would really be gonna needing
more than one strategy. If you do really stick into this single strategy principle then it would really be your choice.

Yes, I totally agree with your sentiment here bro, one trading strategy is enough if you want to stand a chance in the market, because their are so many complications in the market already, so mixing it up with so many strategies will just complicate things the more for you, and one ugly truth about trading is that having knowledge alone is not enough, so discipline, emotional control, patience and knowledge on how to control your risk properly is also required if you really want to be successful, that's why trading with so many strategies will just make you confuse and in the process, you might make an avoidable mistake that you shouldn't have made, so in essence is that, just as the op has rightfully said, the only reasonable way to change is when the strategy you are using is not working anymore.

I don't think one trading strategy is enough to be successful in trading.Trading is something that requires experience,and that experience cannot just come from one time trading,or cannot just come from one mistake you made,the experience must come from series of mistakes  you've made,which will inturn make you a better trader.
Getting a particular strategy that works for you is very necessary,but getting varieties of strategy that works is also very important because if you depend on only one strategy to work,it might fail you,so getting strategise to work for you is more ideal than getting just one.

In my opinion, whether we use one or more strategies, one indicator or multiple indicators combined...will depend on each person because everyone has different knowledge and experience. We should not compare or imitate anyone, use any tool or method as long as it brings the results we expect.

In trading or investing, results are what we care about most, so if we achieve good results as expected, we should not care about what others say. Each person will have a different path to success, we should not imitate others because that strategy may be suitable for them but may not be suitable for us.

If I ask you, op, is it the only strategy you use when you do trading activity in this crypto space? And what strategy do you want to emphasize here in what you did that was also an OP topic?

Why are many indicators used in trading when traders read a chart on a graph? But it's not necessary to use all tool indicators; we need to use only which of them we are comfortable with and where we can get earnings more easily when we do actual trades on any exchange, either Dex or CX.

In general, what you said is not wrong at all, because if we can maximize everything that is available and makes us get greater profits in trading, then that is a good thing. However, if using many strategies and many indicators makes us confused, then a better approach is to use only one strategy. Usually if we have many options, it will actually confuse us, well that's where sometimes we can't maximize it. While when using only one strategy we will be able to focus more because there are not many choices for us. Apart from that, at any time we can develop the strategies we have to be even better in the future. because we are required to be able to maximize the use of existing strategies.

It's enough to make profits, you don't need to have many strategies before you can make profits. However it is best you always what benefits you the most, my opinion are about things I have done and it worked out great for me. But generally speaking, haven't you heard that a jack of all trades is a master of non. When you keep having many strategy you will not know how to master anyone. For every market conditions, you should have one strategy that you use in trading them which you have already mastered before you make it your one go to strategy.

For bull markets, you should have a strategy and for bear market, you should have a strategy. You can can't use the same strategy for trading in this two market and also when the market is trading sideways, have a strategy for that too. Having one strategy for the different markets is better because you can not have different market strategy for one market and think that you are always going to make profits. Have different trading strategies for different markets but limit them to just one, that's all I'm just trying to say based on what I have experienced myself.

Literally stick into those methods or ways or strategies on where you are are really that making profits. You would really be just that basically making yourself having to stick into that, doesnt matter
if it would really be that a single strategy or would be having multiple. Just like others been saying that you are the ones who would really be making up such decision on how you would really be gonna deal up with this kind of market. You cant really just that make yourself having that kind of confidence when it comes to this aspect that one strategy would really be that working on. We do know that there are different market situations and variations on which it would really be needing up that different strategies as well. You would really be able to find it out on the  time that you would be encountering different conditions.

Strategies will really be that varying depending on the market trend or condition if its really that on the ranging side then of course you wont really be just that making yourself
be putting up some positions with that specially when the market is boring or investors/traders are really that uncertain. This is the shittiest condition
on which i dont really like whenever theres a ranging market.

I disagree. If you are only looking for a simplicity kind of thing in your trading environment then certainly you are not fit for trading. Trading is a highly sensitive job where you always need a plan-B and plan-C as well. So, if you are limited on your learning part then you should quit trading immediately.

What a lot of strategies brings to the table is that you are going to end up with something good, you are going to end up with a result that will actually benefit you and I think that is the most important part of it, I do agree that it will get a good return, and people will make a lot of profit with multiple strategies, it will be quicker too because if it doesn't fit one, it may fit to another one instead and that must be the biggest advantage of having multiple strategies .

It takes understanding related to the use of trading strategies, it can use only one or more strategies. However, some traders use more trading strategies that are learned but are confused in making positions. In using strategies, adjust to market situations as well as our ability situations. Don't force yourself to use many strategies when we actually have difficulty using them.

Nobody can change the winning formula, when I use to be a trader, I have made it to a point where my strategy is profitable for few weeks, mainly short term and scalping strategies. I never thought of searching or using another strategy as long as Im profitable on the first one.
Every trader has his own strategy and the success of it depends more on money management, even if that strategy started to fail, you may not experience big losses or count it as a failure as long as you took profits from that. However, I don’t think there a strategy that will generate money for you in a very long term since all the market are unpredictable.

At first we will get to know many strategies that we can use, but over time we will see which strategy is easier to understand and provides many benefits. After that we will make a decision to use only one strategy. Basically I myself don't want to bother too much about which one to use, I mean if there is one we can use and it brings profit, then I would prefer to develop it and explore it further. You are right, even though it can bring profit, it does not mean that we are free from the risks that we face. Because after all the market cannot be predicted precisely, even though we have done our best to analyze it, if there is something that makes the movement move in the opposite direction from our predictions, then no one can reject it. So my advice is to use the best for us and don't forget to continue to explore it. Because even though we already understand but we don't want to explore it in my opinion we will be left behind too.

The problem is that there isn't a single strategy that works on every single market and every single day. Like for example what works a week ago, wouldn't work on today, when it crashes so hard. It means that we need to be careful with what we are doing. Sure on strategy that makes profit would be ideal and we could just stick to that and make a lot of money, but we know that's not the case here and most of the time we are going to end up with a loss.

We need to make sure that we are dealing with something that can make actual money, and while one strategy could make money on a good bull run, it could be terrible on a bear period. I would say having a few that changes based on the market could eb a lot better for every trader.

As I said, it all depends on each person because each person's ability is different, I don't care too much about which strategy to use, one or more strategies.
If you only use one strategy and it gives you the positive results you expected then continue with it and don't care about the strategy other people use. But if that strategy does not bring you good results, you need to change immediately, you can combine or still only use one strategy, as long as your results change in a positive direction.

If you can combine multiple strategies together and it is yielding good results, but just because you heard others say using just one strategy is enough, you imitate it and the results are not what you expected. Then there is no reason for you to change your strategy. That's what I want to say, be flexible with your abilities, don't listen to or imitate others.

If you combine several strategies into one, you end up with just one strategy to follow anyway ;) So OP is always right with his statement: you only need one strategy. Whether this consists of 500 "sub-strategies" or not is ultimately irrelevant.

However, I wouldn't tie the whole thing down to the strategy, but rather modify the statement to that effect: You need a plan (and you have to stick to it).

Much more important than the trading strategy itself is to be clear about your limits, profit intentions and money management. You can only achieve this if you prepare very well for the trades and follow the plan 100%, even if the trade is "still going so well" or "will soon recover anyway". Unfortunately, the best strategy does not protect you from your own stupidity (or rather: greed)

Combining or not, then it would really be just that on the same goal or target on which you would really be that definitely be making use of all the strategies that you do know. It is really just that a matter
of someones approach on how they would really be making their analysis or on how they would really be treating it out. Some would be considered it as a whole and there are ones who do consider it to be different or by parts. What matter most on here is on how you do make yourself having that kind of doing on the time that you do encounter different conditions or situations when it comes to market movement? Would you really that sticking into a single strategy on which it is really just that good for a certain condition or movement? Pretty sure you would really be finding something else on which
you would really be seeing to be relevant on particular approach. It would really be that just basing up into your own ways on how you would gonna handle it.

At the end the only thing that matters is what works, since what works for one person may not work for another, and there are clear examples of this being the case on the past, in which a newbie trader used the strategy of an experimented trader, and despite knowing they had the right strategy they still lost money, so whatever is the path that we take, as long as it works the rest becomes completely irrelevant, still it is also true that using several strategies should be harder, so all things being equal, using a single strategy should be more efficient than using several strategies.

My first strategy as a trader is that I avoid meme coins as possible. It's not even a strategy but more like a warning, some traders give this call to their followers when they see liquidity in them but I see that as a foolishness. Why would any person try meme coin trading just because they see much liquidity and growth when they tend to drop, theirs is always worst. For instance, the last 3 days that the market crash meme coins were touch the most.

Another thing is, whatever strategy you chose to used in trading, make sure you are not greedy. This thing is underrated when it comes to.trading but if your initial take profit is reach, close it and reexamine the market if it's work opening another position instead of leaving the previous one for more profits, if you aren't careful you might lose everything.

As a trader having a particular strategy and thinking to just work with only it is not the best because a strategy don't work forever when it comes to trading. It is better to use a strategy for trading while it last, when the strategy is not making profit like it used to be before one should be able to notice it and try another strategy that can be profitable for the trading. Giving good attention to the strategy we use in trading is very important, like when it is no longer profitable. If traders have the knowledge that strategies don't work forever in trading they will be more prepared to learn more which it won't like a surprise when a strategy is not profitable.

If you are talking about market movements here, that indicates to me that you are talking about different time windows. A market movement has no relevance on a time frame of 1H, on a time frame of one week of course it does.

But these are completely different markets that you serve as a trader, they are not comparable. The plan is also completely different for lower timeframes compared to higher timeframes.

Within a market (or timeframe), the strategy must of course be able to react to changing conditions. Depending on the market, however, other factors are decisive.

So you have to be careful not to compare apples and oranges.

I quite agree with what you said, because when a trader only focuses on using one trading strategy, then he really uses that strategy to be able to maximize his trading, and as he uses that strategy, then over time his expertise in using that strategy can be built - he can know what the weaknesses and strengths of that strategy are, and use it to gain profit in the market. His consistency in using that strategy really helps him to trade better in the market, compared to using many instruments or strategies.

That's what I mean, the most important thing we need to care about is the results, not which method people use the most. Because it may work for them but it may not work for us, and if it doesn't work for us then why do we stubbornly use it? I don't want to argue with people whether to use one strategy or many strategies, what I want to say is do anything as long as it brings the results we expect.

Each person will have a different mindset, knowledge and understanding. We should know our strengths and weaknesses and have methods that suit us, don't try to follow others and lose yourself . When it comes to investing and trading, the goal is to make money and achieve profits, not who is right or wrong .

I agree with you on this. A lot of people try to copy others when doing something, especially in trading, people try to copy other people's trading styles, their strategies, and even their trades, but they don't understand that you can't get success this way. Even if it works for a while, it will only be temporary, and for permanent results, they will need to do everything themselves. So, any trader needs to gain as much knowledge as possible before they start trading.

When you are knowledgeable, you don't need to copy others because you should be able to create your own strategy, read the charts yourself, and understand where the market will move next so that you can place your trades accordingly. Without knowledge, you can't survive for long in this market.

One trading strategy is enough. It is enough if you are mastering it, I mean trading view for example give you a ton of tool, from drawing, indicator and candlestick pattern and basically people can make combination from it and can lead into more and more indicator.

I Believe pro trader only use a few indicator that he really mastering in it and can lead him into daily profit for live.

Some could actually settle with one strategy and make it work longer, while others need few strategies so that they won't consistently lose in the market. What works for others may possibly won't work for us. So as much as I need few but reliable strategies when trading with the different market condition, some still prefer only single strategy and we can't change the fact that it probably work for them as well.

Yes, it would be better if we mastered one strategy and developed it to be better than learning many strategies but we couldn't master them. So, I think, as long as a trading strategy is successful, and it really brings profit, then that is enough to make someone successful. In fact, it would probably be better if he developed it into a better strategy. That's better than continuing to look for new strategies, but not having maximum results.

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.

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.

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.

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. 

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 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.

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.

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/

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.