ShowOff
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Activity: 2786
Merit: 1197
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March 21, 2023, 06:04:29 PM |
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I don't remember the old strategy, but I remember very well how many old mistakes I made on trading. Trading strategies tend to be the same over time, but due to developments in technology you can expect trading bots to help you.
A simple but profitable strategy is to buy the asset on a correction, or buy on dip. I think it is the best strategy to hope for short term gains while waiting for the market to recover after the correction. The essence of trading is to buy low and sell high, so regardless of your strategy profit is the main target.
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carlfebz2
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March 21, 2023, 07:24:54 PM |
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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?
Old or new it doesnt matter because strategies could really vary on certain conditions and as a trader and investor then you should really be that versatile on whatever ways you would be doing or making out adjustments for certain market conditions.Therefore, if you would really be making use of those old strategies, doesnt matter if its old as long it does fit out on a certain market condition. Also if it does give out profits then why not? There's no such thing about being new or old because what matter most is that it do makes out that results which we do all hoping for.
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Oceat
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March 21, 2023, 07:25:43 PM |
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It is called adapting the situation so old strategy probably gonna work depending on the situation. Don't just focus on a single strategy if it isn't giving you anymore profit but instead try the other method you will somehow gonna use every strategy you have been mastered before. The market is obviously unpredictable so you have to adapt to the high volatility of this market. Just don't try or practice a new strategy while trading and I think you obviously know this that you need experience and knowledge on that new strategy for it to work for you.
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3996
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cute nmp
Jr. Member
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Activity: 1848
Merit: 3
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March 21, 2023, 07:51:47 PM |
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Most of the old trading strategies are still effective if use properly.Basic support and resistance is still profitable in any kind of market weather fx, Crypto or stocks.Patterns like double tops,double bottoms still work sometime it is better to use the olden days trading strategies cause there are very profitable than many modern ones.
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GxSTxV
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March 21, 2023, 07:59:03 PM |
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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?
Some trading strategies that need to be updated over time, you can approach the management of any old strategies in different ways. One option is to completely forget about the old strategy and focus entirely on the new one that is currently working. This approach can be effective, particularly if the old strategy has proven to be consistently unprofitable or irrelevant. But if the old strategy is still generating profits i prefer to keep using it beside the new one separately in two different trading accounts and maximize my profits if one of them didn’t do good some day. As for the effectiveness of the old strategies it's so possible for an old strategy to work again in the future. The markket is dynamic and can change quick, which can make previously ineffective strategies profitableonce again.
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armanda90
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March 21, 2023, 10:30:05 PM |
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There are not different about old or new trading strategies because the achievement is how much to earn profit and effective without need to hold for long term due price drop. I don't know what you mean about old strategies because in trading investor or trader have the same strategies and their goal for earning profit as much possible.
I don't have complicated strategies in trading but still the same with first time I know bitcoin since last several years, don't be hurry up when entering with new coins investing and waiting one or several days later with great time for buying coins.
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Finestream
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March 21, 2023, 11:00:18 PM |
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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?
Just retest it every time you think that something is changing. We can go back on it every time we replace it with a new one. Is it possible that old strategies may work in the future again?
Yes, very possible. They may seem to look old but strategies are just there and they'll never be obsolete unless the market entirely changes but it seems not. That's why these old strategies if ever you've got one might still work and thus, you can't just forget about it when it has come to the point of time that it has helped you a lot from your trades. Old strategies can still be at its use depending on the market condition. But if you see that it’s no longer working anymore and all you experience are just consistent losses, then develop new strategies that you think will work and fit to the market condition. However, when the market condition changes, you can retest your old strategies and check if they can still be working and profitable in the market.
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nazmul30
Jr. Member
Offline
Activity: 266
Merit: 3
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March 22, 2023, 07:20:45 AM |
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Trading should be viewed from a business perspective. Just as a business has income and expenses, you must learn to see trading income as profit and expenses as loss.
So, it goes without saying that we must maximize our gains and minimize our losses. If you find that this is not happening for some long time, then you need to analyze / change the way you are trading.
Rule : Take full advantage of modern technology:
Trading is a job where you always have to stay updated with every ups and downs of prices etc. along with technical charts – tables updated news sources should be at hand which will help you to identify the trend/ trends of the market. Exercise Good Judgment Hopefully, you don't want to run into a situation where your trading tools cannot complete the trading order you need because they are lagging behind – slow – and out of date. So, it is very important to use the latest updated technology for trading.......
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youdacapt
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March 22, 2023, 09:19:11 AM |
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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?
To be candid, i think old trading strategies are always working, infact they always work. With my understanding of crypto currency trading as a trader, what i do is improve on old strategies by making tweaks and improvements to existing strategies. So my advise would be that as a trader, every experience is valuable and will come in handy with respect to different circumstances; so do not dismiss old strategies; instead improve on it and apply your knowledge and experience at every stage
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maydna
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March 22, 2023, 10:05:22 AM |
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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.
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fauzan Ichsan
Full Member
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Activity: 1246
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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March 22, 2023, 03:08:40 PM |
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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?
the old strategy and the new one for me can be used as long as we know the weaknesses and strengths of the strategy, because there is no one trading strategy that is 100% accurate, of course there are times when under certain conditions the strategy cannot work properly. on the other hand if the strategy is going well, then we don't get greedy, because anytime the market can change direction suddenly, especially for short-term trading
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Coin_trader
Copper Member
Legendary
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Activity: 2954
Merit: 1225
Leading Crypto Sports Betting & Casino Platform
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March 22, 2023, 03:14:55 PM |
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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?
I have rule book on every strategy that I make and I always save what I’m using as reference for my future trade. Strategy works in different scenario and there’s no strategy that is applicable for all type of market condition. It’s important to save your trading strategy and put a note on what’s the condition that you will use it so that you can easily decide what strategy to use if you are confused on the market behavior. Experience is the best teacher and same with trading. Those previous data of your trading will help you to choose on the perfect strategy setup to use on current condition since trading is just a repetition on what happened in the past. Trading is just buying and selling so there’s always a chance that an outcome that happened today is already happened in the past.
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naira
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March 22, 2023, 03:24:48 PM |
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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?
There is no expired strategy because it all depends on how we are able to adjust the movement and put in the right strategy. You are right that trading strategies need to be changed but again that doesn't mean the old methods are no longer valid. If you are based on market behavior, of course there will be very various types so many traders make so many strategies to adjust pattern after pattern.
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gabbie2010
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March 22, 2023, 03:29:42 PM |
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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?
A trading strategy always needed occasional minor adjustment or tweaking to met up with present market structure else a once profitable trading strategy wouldn't be working perfectly that is why it's always advisable to review the strategy if streaks of losses is the incurred instead of completely dumping the trading strategy for a new one, my own personal trading strategy is based on Price Action around the Pivot points and this has never change over the years but needed some minor adjustment with new indicators to aid and help in making a trading decision.
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jaberwock
Legendary
Offline
Activity: 2730
Merit: 1127
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March 22, 2023, 05:52:15 PM |
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I think the old strategy will work in the future if the moment is right. it's like selling all assets after a bull run because the market will go down to the bottom, I guess it's a repeatable strategy because these phases will come and go.
We sell assets during a bull run, not after it because after it was a bear market already but don't worry I still got your point there. It's like you are saying that the market works in two cycle and old events does repeat. We only need to wait or stop trading for a while if our old strategy is not working anymore. Other than that, we can also invent another new strategy which will be perfect for the current market condition. That way we can still continue trading and possibly earn something even if it's only small amounts. A small amount is still better than nothing and it won't really bother us as long as we still have other sources of income.
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doomloop
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March 22, 2023, 07:02:09 PM |
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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?
If you know a thing or two about programming or coding, you should know that there are a lot of programming languages, and almost all of them are used for different purposes and has different use cases and powers of their own, but, almost all of them have some similarities among them. So even if a new programming language is developed, having knowledge of a previous language helps you learn it more quickly or maybe sometimes use things from the old one in the new one. Similarly in trading, an old strategy should always stay with you, even if there is a new strategy that you develop yourself or just adapt, your old strategy will still be able to assist you at times.
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Sanitough
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March 22, 2023, 08:59:46 PM |
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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?
Yes, old strategies should never be outdated and should always be constantly changed if needed. That is because the market is also making a constant change, so strategies should also adopt whatever the market condition is. However, old strategies might still be used in the future as they never become obsolete. But only the market condition will tell if one will work or not, so you need to keep on updating or retesting it again and again.
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carlfebz2
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March 22, 2023, 09:26:22 PM |
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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?
Old or new, it doesnt really count at all because anything could really be that relevant in terms of market conditions.I dont know on why someone could be able to determine those old strategies and new ones that you had made out considering that it is really just that the same.Its up to yours whether you would be making use of it on particular scenario or would make an another one. It doesnt really that much in concern though on what strategies you would be using because what matter most is on how to make it that effective on such market condition. We cant even assure that even newly created one would be that effective or does work.
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TimeTeller
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March 22, 2023, 09:58:07 PM |
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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?
Old or new, it doesnt really count at all because anything could really be that relevant in terms of market conditions.I dont know on why someone could be able to determine those old strategies and new ones that you had made out considering that it is really just that the same.Its up to yours whether you would be making use of it on particular scenario or would make an another one. It doesnt really that much in concern though on what strategies you would be using because what matter most is on how to make it that effective on such market condition. We cant even assure that even newly created one would be that effective or does work. It depends on the coin or token you are trading with as old or new strategies can work depending on what is happening with the project. This question is very subjective as each project has their own progress of developments as well as features they are selling to the community. So you need to know and be familiar with the project itself to know what particular strategy you need to apply.
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GiftedMAN
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March 22, 2023, 11:51:53 PM |
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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.
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