Trading Strategies changes with time

[feelideb]

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!

[jrrsparkles]

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.

[checkmatesir]

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.

[el kaka22]

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?

[Mahanton]

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 .

[Traderbtcc]

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.

[passwordnow]

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.

[Boov]

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.

[Rengga Jati]

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.

[Anamika1000]

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.

[LimLims]

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.

[NeverSop]

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.

[tvplus006]

...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.

[teosanru]

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.

[Oilacris]

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.

There are some people whom do really love on following others steps which is literally copying every movement but didnt think off that not all things works into others would work on you and you will surely experience that reality as long you do follow others steps and thats why its important that you should really at least do know on what you are doing.

Traders should really be that too versatile on whatever situation that they are facing on.Different trading styles on different scenarios in the market because it cant really be just having one situation.

Its a matter of trial and error for a trader and not just sticking out on a single strategy which doesnt fit out on the current condition.You would need to be at least adventurous but still good on managing risk.

[suzanne5223]

Crypto trading strategies not to be constant if want to trade profitably is the reason why some traders compare trading with gambling but what's important is knowing how the market works and the things that always influence the price of the market just like mining difficulty, cash flow, hash rate, etc.

[Shenzou]

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.

A common mistake of many new traders is that they are always stuck with their own strategies, they try a strategy and i t works for a while but after they start losing money they still go back with the same one, which is not the way to go, especially when it comes to cryptocurrency market you have to be always adapt and change you thinking and strategies based on what the market demands otherwise you will lose a lot of money.

[LUCKMCFLY]

I have a different perception, because the strategies that were used by Wyckoff and Livermore in their time (years 1800-1900) are still valid, because they have the tonic isma, bullish traps, bearish traps, manipulation through the media, now on social media.

What I see differently in our times is that there are influencers who can dominate the masses at some point, apart from high-frequency trading that despite being widely used in the Stock Market for years, in the BTC market it is very possible that gives more and better results given that the volatility is enormous. I think that is the only difference between trading strategies, otherwise everything is the same, except that in the BTC market volatility makes the market when it moves through emotions have a deeper impact.

[wxa7115]

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.

Another reason why our strategies need to change and we need to update them is that we change as well, at the beginning you may have concentrated on earning profits no matter what but once you achieve a certain level of wealth thanks to that strategy then it does not make sense to keep taking so many risks when now a more conservative strategy makes more sense for you.

Also as we grow as investors and we get more knowledge we can realize that we could have made some mistakes in the past and we need to find a way to correct them and in many instances the best way to do this is by creating a new strategy that addresses those mistakes.

[tippytoes]

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.

Another reason why our strategies need to change and we need to update them is that we change as well, at the beginning you may have concentrated on earning profits no matter what but once you achieve a certain level of wealth thanks to that strategy then it does not make sense to keep taking so many risks when now a more conservative strategy makes more sense for you.

Also as we grow as investors and we get more knowledge we can realize that we could have made some mistakes in the past and we need to find a way to correct them and in many instances the best way to do this is by creating a new strategy that addresses those mistakes.

Another thing is that, every alt has their own performance in the market. You need to keep up with their developments, in order for you to have a grasp on what's going on with their market performance. There are reasons why they suddenly pump or are declining. You can get insights from their social medial channels. Because you can't expect them to post updates in their respective threads in the forum, if there's any.