One trading strategy is enough.

[Dzwaafu11]

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.

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. 

[Krishna1942]

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.

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.

[Pandu Geddon]

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.

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. 

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.

[Stable090]

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.

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.

That's better than continuing to look for new strategies, but not having maximum results.

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.

[serjent05]

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

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.


[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/

[Nheer]

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.

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.

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.

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.

[SOKO-DEKE]

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.

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.

That's better than continuing to look for new strategies, but not having maximum results.

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.