One trading strategy is enough.

[YOSHIE]

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

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.

[Mame89]

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.

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.

[TheUltraElite]

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.

[$weetne$$]

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.

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.

[Lanatsa]

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.

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.

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.

[Issa56]

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.

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.

[ndutndut]

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.

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.

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.

[EL MOHA]

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.

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.

[Questat]

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

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.

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.

[Moreno233]

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.

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.

[Sebas.tian]

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.

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.

[Mahanton]

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

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.

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.

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.

[Barikui1]

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.

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.

[Sakanwa]

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.

[fuguebtc]

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.

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.

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.

[gunhell16]

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.

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.

[pusaka]

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.

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.

[Bananington]

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.

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.

[Oilacris]

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.

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.

[tygeade]

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.

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 .