Can old trading strategies work again?

[Cantsay]

As long as we're dealing with the same market then old strategy is still going to work. Btw you know the market doesn't just work with only one strategy so that strategy that you think is the best might turn out to just be a waste of time while the one you thing is archaic will turn out to be the best.
So when your trading don't just work with one strategy alone try to change and if you feel your strategy isn't good enough then try to modify it and look for why it's not working the way you want it to.

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[isaac_clarke22]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

Considering the volatility of the price of the coins right now in the short-term, I am pretty confident that the strategies I did in my day trading back in the days would work. My day trading strategy before did not just work out at the end because the price was like just stabilizing around a certain price mark. Had used Bollinger Band and RSI and nothing just worked out in the end.

I do not do day trading anymore since I was earning just.....losses and nothing more than that.

[Wind_FURY]

   
Can old trading strategies work again?

It can, and I believe the reason for it is because markets move in cycles, and the psychology of the participants of the market adjust together with it through the cycles.

I know that sounds confusing, but the best way I can explain it is when everyone uses the same trading strategy, its effectiveness to gain profit becomes less and less. Let's pretend everyone want an "old strategy" of buying the DIP, waiting for the right DIP. The market would then go lower and lower, giving opportunity to the short sellers = the right trading strategy for the current cycle. But the selling won't last because the market WILL run out of sellers, THEN the "old strategy" of buying the DIP starts working again.

It's merely a simplification of a more complex topic, sorry if I can't explain it good enough.

 

[maydna]

Using old strategies can be useful but also depends on market conditions and situations. If market conditions and situations are similar to previous market conditions, maybe we can immediately use the same strategy without modifying it. But if the situation changes, we must modify the strategy to work in the current market conditions. Instead, I often use a new strategy every time I trade because I find that the market movements I encounter are always changing and it forces me to keep making strategies. Even in one trade, I can prepare two or more strategies to anticipate market movements changing direction.

It all depends on the market circumstances and how we have amended it to work for us. We can't just long on to an old trading strategy without working on it so that it can work with the current market. We know the cryptocurrency market do not work the same always and things happens based on different reasons. If we need to make us of an old trading strategy them we need to look into the market and adjust our strategy in a way that it will work accordingly to the current market movement. If we are able to do this, we should be ready to make improvement in our profit making.

That's why we have to learn about trading in more depth to make or find the right strategy according to the market conditions at that time. The more we learn, we can get something useful for ourselves and of course, we can make a lot of strategies for these conditions different. The old strategy can work again with the condition that market conditions are the same as before or at least have similar movements to previous conditions so that we can know when to enter the market. And the advantage of having many strategies is that we can try to analyze them to find out what strategies can work for that situation.

[Minecache]

My point of view, no need to be too rigid or conservative, I mean the market is always constantly changing and what we need to do is to constantly learn new things for ourselves. The old or new strategy does not matter, as long as you can make a profit from it, you can keep and continue using it. If the old strategy does not work well, you need to find a new strategy. Profit is what we are targeting so use everything you can as long as you guarantee your profits.

[Kelvinid]

My point of view, no need to be too rigid or conservative, I mean the market is always constantly changing and what we need to do is to constantly learn new things for ourselves. The old or new strategy does not matter, as long as you can make a profit from it, you can keep and continue using it. If the old strategy does not work well, you need to find a new strategy. Profit is what we are targeting so use everything you can as long as you guarantee your profits.

The market changes and so we need to adapt to the current situation which could also affect our strategies and could possibly never work effectively. That is why we also have to develop new strategies that fit the current condition of the market otherwise, losses are what we get. Because the truth is that these old strategies will come to the point that they were no longer usable, they become obsolete. In fact, trading tools will be changed as well together with as we use new strategies. 

[AicecreaME]

I believe you have to be flexible when it comes to trading. Trial and error is the key, if one or two strategies didn't work out for you, try other ones. You don't have to limit yourself from one or two trading strategies, if your old strategies doesn't work anymore, it could be either you're doing it wrong or you need to level up your approach. There's a lot of rooms to grow in trading, you can't make profits if you're not going to get out of your comfort zone.

[Fatunad]

I believe you have to be flexible when it comes to trading. Trial and error is the key, if one or two strategies didn't work out for you, try other ones. You don't have to limit yourself from one or two trading strategies, if your old strategies doesn't work anymore, it could be either you're doing it wrong or you need to level up your approach. There's a lot of rooms to grow in trading, you can't make profits if you're not going to get out of your comfort zone.

Flexible or versatile in short on which you would really be needing this kind of characteristic specially when you are dealing with an unpredictable market.You cant really just make things for you to be conclusive
if a certain old strategy doesnt work rather than on new one.How you would be able to determine such way? We know that the market does have certain conditions which it doesnt matter on what kind of strategy you would be using neither old or new, it doesnt matter much.The thing on here is that you do really know on what you are doing because if you dont have any idea on what you are doing then
you are just simply taking up some gamble.

[Botnake]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

They still might be working but are less effective. They'll somehow become obsolete due to the change in market behavior which is why we also have to do some upgrades and discover new strategies to fit the current situation, otherwise, it was hard to make a profit. Meanwhile, we can still use some of those old strategies but not really often. I'd say it was less effective due to the fact that we can't rely on them as we need to look for other strategies that would really work efficiently.

Old strategies cannot be used all the time, as the market condition varies, so you also need to create a new working strategy or just revise or update the old strategy so it can still work and be as reliable like before. But  most traders do not prefer to use the old strategies as they can be outdated and become less productive anymore. Instead, they develop new strategies that will favor the current market condition and continue to use it until it becomes no longer profitable.

[kawetsriyanto]

~ do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

I have no reason to forget any strategy that I ever used. If it may work again in the future, why don't to use it again, right?  
We use a trading strategy because of its effectiveness, not about a new one or an old one. So, whenever a certain strategy can be effective to use, we should use the strategy. Never consider whether it is an old strategy or a new strategy. We don't follow a trend of a certain strategy but choose a strategy to optimize the chance for profits.

[Viscore]

They may be or maybe not. It actually depends on how you trade in the market, if you prefer to use old or new developed strategies. However, old strategies may still be considered productive in the future if they are being updated or recondition and improve its ability to be still usable and productive. But you can always create something new, and develop a strategy based on your trading experiences in the market for years.

[Yamifoud]

They may be or maybe not. It actually depends on how you trade in the market, if you prefer to use old or new developed strategies. However, old strategies may still be considered productive in the future if they are being updated or recondition and improve its ability to be still usable and productive. But you can always create something new, and develop a strategy based on your trading experiences in the market for years.

Not that I see it as productive anymore nor it was effective due to the changing situation of the market. In order to keep on profiting, using new strategies is what we need. Might can use the old strategies when it was applicable but never have to rely on them as this can be efficient anymore. As the market continues to improve, we also have to go along with it and do some strategies upgrade as well just to coop up the needs otherwise, we get out of track and make the wrong sell/buy position.

[harizen]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

Different strategies are created because of different trends in the market. You can't expect the market to have the same behavior and condition.

We can't really stick with a few strategies even how proven effective it is in our experience as there are lots of "what if" scenarios in the market that needs a different approach and therefore, needs a new strategy.

Simply, we will never know if a certain strategy is effective or not, if we don't test it on actual.

There are no old strategies but rather those are not just effective at a certainly given market trend.

[pgbit]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

It is important to keep old strategies in mind, as they may be useful in the future. You never know when the market conditions may change and an old strategy may start working once again. It is also important to note that old strategies may need to be tweaked or modified in order to be successful in the current market conditions. I have experienced this before and have had old strategies work for me in the past. It is possible for old strategies to work in the future, and it is important to keep them in mind and be open to tweaking or modifying them if necessary.

[Peanutswar]

If the old strategy or the current strategy you've been using right now does not work at all I guess this is the time to change your strategy now it's more ideal than risk your funds and yourself in too much frustration due to failing your trades.

Old strategy can be a lesson to you for your mistakes and it makes sense to avoid the future execution of trades.

[adzino]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

When it comes to crypto currencies, the market is always evolving, so should your trading strategies. If one of your strategies works today, after few weeks or months, chances are that it might not work anymore. You will need to come up with new strategies that will work with the current market situations. But yeah, you should also not toss away your old strategies. They might work again in the future if the market condition goes back to the previous state and you can also analyze the old trading strategies to learn something new!

[GreatArkansas]

If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

Super yes! I will not really be against this. Especially the strategy that you already master it. And for me, the strategy does not matter if that is old or new, as long as is it working and giving you good profits, it's all good.
Once you are good at that strategy, you always use it because that strategy is giving you profits.

[DevilSlayer]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

When it comes to crypto currencies, the market is always evolving, so should your trading strategies. If one of your strategies works today, after few weeks or months, chances are that it might not work anymore. You will need to come up with new strategies that will work with the current market situations. But yeah, you should also not toss away your old strategies. They might work again in the future if the market condition goes back to the previous state and you can also analyze the old trading strategies to learn something new!

How can you define an old strategies and new strategies? is that the old strategies came from the old trading books and the new strategies are the trending strategies currently in the internet? For me all of the strategies work, it is how you apply it. Application is the crucial ones in the trading, you can still lose huge amount of money even if you have good trading strategies then your application is not that good.

Before you apply your trading strategy,ask yourself with this question: does the money that I put for this trade is the money that I can afford to lose? do I have a stop loss for this trade? What is my Value at risk with this trade? What will I do if I did not get position? Is it okay for me to get stop loss. If you can answer those questions, there is a high probability that you can make money from your trading strategies. Remember that how you think about trading is the most important thing because your analysis will not help you if your mental fortitude is not good. Invest on things that can help your mental fortitude to grow wherein your trading environment can become healthy that can help you to find the way into consistency and profitability.

[michellee]

I'm not sure that one trading strategy can be used often because the current situation has changed a lot. The market is now more volatile than in recent years and this makes us have to have more strategies by learning more to anticipate what is happening in the market.

And if I already use one strategy, I will make another strategy that might help the strategy I used before so I can adapt to market conditions. My strategy will depend on market movements because if the market moves not to match to my analysis, I will change my strategy to another.

[Kasabus]

Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?

It’s always possible so instead of forgetting them, take some chance to update them, improve and enhance their effectivity before you start reapplying them. If they are still not working, that’s the time to develop new strategies that you think will suit to the market condition, and keep on retesting them in times the market condition varies.