One trading strategy is enough.

[Dzwaafu11]

I am not sure that any trader would have a working strategy and instead of using it consistently to make money they resort in learning more and more strategies. A good trader should have one main working strategy and an alternative strategy to apply when the market misbehaves. We know how dynamic and unpredictable the market can be, that is why an alternative option is required.

We should understand that strategies get outdated and new ones emerge. That is why no one should just be absolutely comfortable with a strategy even if it works effectively.

One trading strategy is actually enough until it’s no longer working for the trader, although an alternative strategy could be important in a way that if the one a trader is using is not working effectively, he can quickly switch to the alternative one. Instead, he should go learn a new one. If he already has a new one that he can apply, the market is very unpredictable. And one must work very smart in the market; if not, even with the knowledge, a trader will find it difficult to make money from the market.

[laijsica]

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 would be a good idea to learn about each trading strategy. You might be interested in learning about them because it will be easier to adopt which one is suitable for your situation. What I mean is that you should learn about the trading strategies that exist and start applying the strategy that is considered easy for you based on your financial capacity. Being knowledgeable about anything will enrich your surrounding values ​​and trading will be considered easy for you with a combination of experience.

One trading strategy is enough to make you successful but you can be more successful by diversifying, such as long term investments and short term trading or medium term. I think trading/investing should be aligned on financial capacity so that there are multiple sources of income.

[reagansimms]

Traders who have been involved in crypto assets for a long time certainly know various strategies ranging from very simple to very complex. Especially for beginner traders, they should use the simplest strategy as a first step in trading, they should also focus on one strategy because their ability to master several strategies at once is still very limited. For example, if their ability is still at the Buy And Hold level, they must focus there and get used to that strategy while learning other types of strategies such as Day Trading, Swing Trading and Scalping. There are so many things to learn to become a trader who can profit consistently in the crypto market, but it all has to start from the simple things and then develop them slowly.

[nara1892]

I am not sure that any trader would have a working strategy and instead of using it consistently to make money they resort in learning more and more strategies. A good trader should have one main working strategy and an alternative strategy to apply when the market misbehaves. We know how dynamic and unpredictable the market can be, that is why an alternative option is required.

We should understand that strategies get outdated and new ones emerge. That is why no one should just be absolutely comfortable with a strategy even if it works effectively.

One trading strategy is actually enough until it’s no longer working for the trader, although an alternative strategy could be important in a way that if the one a trader is using is not working effectively, he can quickly switch to the alternative one. Instead, he should go learn a new one. If he already has a new one that he can apply, the market is very unpredictable. And one must work very smart in the market; if not, even with the knowledge, a trader will find it difficult to make money from the market.

Yes, one strategy is actually enough and what I can conclude from your opinion is that it is much better for a trader to have more than one strategy or have an alternative strategy for backup when the main strategy cannot be relied on in certain situations, basically it is a pretty good idea so that we can always make a profit but one thing to remember is that no matter how good the plan is, there will always be losses, meaning a trader must continue to play with good risk management such as applying limits to budget allocations in every decision making, and besides that knowledge must also continue to be improved.

[milewilda]

I am not sure that any trader would have a working strategy and instead of using it consistently to make money they resort in learning more and more strategies. A good trader should have one main working strategy and an alternative strategy to apply when the market misbehaves. We know how dynamic and unpredictable the market can be, that is why an alternative option is required.

We should understand that strategies get outdated and new ones emerge. That is why no one should just be absolutely comfortable with a strategy even if it works effectively.

One trading strategy is actually enough until it’s no longer working for the trader, although an alternative strategy could be important in a way that if the one a trader is using is not working effectively, he can quickly switch to the alternative one. Instead, he should go learn a new one. If he already has a new one that he can apply, the market is very unpredictable. And one must work very smart in the market; if not, even with the knowledge, a trader will find it difficult to make money from the market.

One of the main reasons on why traders do suffer out some loses because of strategy hopping. Actuallly its not bad to do such act because we would be that trying out to make those trials and errors on which we will be testing out on how we will be become profitable out of those strategies that we do make use on. Somehow, with having this kind of testing out different strategies then you would be that becoming having that kind of confusion towards your mind on which you will be having that kind of hopping on which despite of being not done with the new one. We do know that on the moment that you will be that too active on testing out strategies to find out on which one is working then it will be causing up that kind of confusion. If you do find out that one is working on the moment you do trade then it do make out some loses on the another day then you would be keeping on doing the same stuff all over again. It all matters about on how you do make yourself that control at the moment that the market do make out that opposite direction basing up on what we have analyzed. Trading is never been easy and it wouldnt be but it doesnt mean that it would be impossible for you to make money as long you do know on what you are doing or you do know on how to ride with the waves. What matter the most on here is on how we do sustain ourselves towards this market and this isnt a race as we do all know and its bad to have such approach just incase you do made out such action.

[harapan]

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.

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

[Strongkored]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.
Understanding many strategies may help us because the market is often unpredictable and it is possible that one of these strategies suits the current market conditions, but overall using many strategies in one trade will cause confusion and mistakes in decision making.

[Gaza13]

Professional traders do not apply one strategy every time they trade to avoid the losing system, but what they do is always follow the rules and trends that are currently taking place by looking at the scaled charts. I do not refuse if there are people who want to apply the same strategy as long as they are comfortable in trading and make a profit, continue, but remember that market prices are very volatile, they don't always move the same as before, it would be good to continue the strategy used and add some suggestions guided by seniors by using techniques that have been tried before.

Using a single trading technique limits your experience and prevents you from becoming a competent trader. By employing several strategies, you will be able to determine which one is superior. I am confident that trading is a big risk, and whether you use one or not, you will most likely lose because it is volatile and you never know which one will pay. However, it is preferable for someone to use a different trading technique so that if this one does not pay, you can trade another one that will benefit you and yield a profit. That is why if you have professionals who are into trading for a long time. you should close with them they should be your mentor and you will enjoy, because they can't end a week without getting huge profit.

True what you said, not only limiting but it will make it difficult for them to develop and hone their trading skills. It is impossible for them to use only one technique in trading, having more or various trading strategies not only helps reduce a trader's risk, but also increases the trader's ability to adapt to gain profit or development or the techniques we have when we trade. And if one of the proven techniques or strategies they tend to be calmer in making their trading decisions, this could help reduce the influence of a trader's emotions, which are often a factor in causing errors in trading. Indeed, having a mentor can be one of the fastest ways to gain insight into trading, but it would be better for us to jump in directly to do it all because what the mentor teaches may be different or not in accordance with our trading style.

[G_Besar]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

Indeed, because working in the market by becoming a trader must have many ways to be able to avoid losses and can have more opportunities to be profitable. Because as you said that one strategy alone is clearly not enough for every trader because the existing strategy is sometimes not suitable for the long term or less suitable when there are conditions that make the market change. So traders do have to have more ways so that at certain moments we can use the right strategy in order to gain profit in a short time.

[Botnake]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.
Understanding many strategies may help us because the market is often unpredictable and it is possible that one of these strategies suits the current market conditions, but overall using many strategies in one trade will cause confusion and mistakes in decision making.

While I do not oppose having multiple reserved trading strategies, but in the long run you have to stick with a single strategy that is best suited to your trading style.

However, sticking to it does not simply mean you just keep doing the same thing, but as what successful traders have been telling us, improve your strategy from time to time and keep it updated, so that it can still combat those unpredictable market changes that are bound to happen every time we decide to trade.

[SATWAT]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.
Understanding many strategies may help us because the market is often unpredictable and it is possible that one of these strategies suits the current market conditions, but overall using many strategies in one trade will cause confusion and mistakes in decision making.

While I do not oppose having multiple reserved trading strategies, but in the long run you have to stick with a single strategy that is best suited to your trading style.

However, sticking to it does not simply mean you just keep doing the same thing, but as what successful traders have been telling us, improve your strategy from time to time and keep it updated, so that it can still combat those unpredictable market changes that are bound to happen every time we decide to trade.

Usually, peoples in early days of their trading try to keep changing into their trading strategies because its never been easy for them to have stick with one which allow them to have better results and keeping changes always helps them for having better performance.
While at the end they always keep strategy which allow them to have things balance because it's also important for them and their trading which need to have keep staying on positive during work on different strategy their business is also had ups and downs.
At the end always having strategy which give them better result and also have things easy to organize works because having more pressure or always keeping changes never help and also never affordable for most traders.

[WatChe]

Yes, one strategy is actually enough and what I can conclude from your opinion is that it is much better for a trader to have more than one strategy or have an alternative strategy for backup when the main strategy cannot be relied on in certain situations, basically it is a pretty good idea so that we can always make a profit but one thing to remember is that no matter how good the plan is, there will always be losses, meaning a trader must continue to play with good risk management such as applying limits to budget allocations in every decision making, and besides that knowledge must also continue to be improved.

One strategy is usually good in long term investment i.e. buy and HODL for 5 or more years. Trading is a tricky thing and it's good to have alternate strategies for different scenarios. It's also important to note that a strategy that suit you may or may not suit me so we have to create our strategy our self.

Creating a trading strategy is not an easy thing as it require you to invest capital and then test the outcome. One may try different strategies before figuring out which one is best for him. With time as trader learns more thing he can refine his strategies to earn more profit.

[AGogi2003]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

Indeed, because working in the market by becoming a trader must have many ways to be able to avoid losses and can have more opportunities to be profitable. Because as you said that one strategy alone is clearly not enough for every trader because the existing strategy is sometimes not suitable for the long term or less suitable when there are conditions that make the market change. So traders do have to have more ways so that at certain moments we can use the right strategy in order to gain profit in a short time.

That is the fact, you can't just hold one trading strategy, you need to try many strategies and see which one will be more better for you to be using to get profit. But when you keep on using one planning and losing you will never get the benefit but when you used one and you see it not helpful is for you to change it and used another one. Normally I see many people that don't like using other strategy but I didn't blame them because they are getting profits on it and they don't want to used another one and see if he will work as the other once. We should always make difference strategy to trade because the market is unpredictable if you try things and you lose you can try another alternative and probably you can get what you are looking for. If you have used one strategy and he works you can continue using it, but I can probably says you are not a deep risk-taker in trading because professional traders used different stages to trade to achieve there goals.

[Razmirraz]

Usually, peoples in early days of their trading try to keep changing into their trading strategies because its never been easy for them to have stick with one which allow them to have better results and keeping changes always helps them for having better performance.
While at the end they always keep strategy which allow them to have things balance because it's also important for them and their trading which need to have keep staying on positive during work on different strategy their business is also had ups and downs.
At the end always having strategy which give them better result and also have things easy to organize works because having more pressure or always keeping changes never help and also never affordable for most traders.

Market Volatility is one of the reasons traders must immediately change their trading strategies. When the market direction starts to change, it is necessary to find alternative strategies to maintain the balance of basic capital. Traders should always try to increase the chances of achieving trading goals and reduce the risk of losses, so for this reason they need to learn several different strategies.

Each trader also has a different risk tolerance, so it is necessary to adjust the strategy to the level of risk that can be borne. Significant price fluctuations in a short period of time also greatly affect certain strategies, if the market does not show positive signs in the near future, trading can turn into investing or holding assets for a long time in the hope of making a profit.

[EarnOnVictor]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.

I'm not the kind of trader who advocates for anyone, it's good you do whatever you want to do. But I tell you, as I won't condemn a single strategy used, I am certain that anyone using a strategy is not yet a real trader. Such a trader will miss a whole lot of reasons why the market acted in a way. But this movement is easily detected by other strategies.

Aside from that, one strategy will not do all the work of Trendline, Daily pivotal breakout, Price action, Overbought/oversold, Wave theories, Retracement detection, and many more. One strategy is for starters, take it or leave it.

[Mahanton]

Sometimes most traders think maximizing lots of strategies will results in quick actions but it differs, yes a profitable market depends on a good strategy in as much as you can be consistent in it. And clearly sticking to a particular strategy doesn't seem profitable in the long run as things tends to change this is more reason one get to hold on to different strategies while working with one.

They don't have patience because they want to get results quickly and big, but actually the more consistent you are with just one strategy, the greater the chance of getting consistent profits, even if it's not big.
Understanding many strategies may help us because the market is often unpredictable and it is possible that one of these strategies suits the current market conditions, but overall using many strategies in one trade will cause confusion and mistakes in decision making.

While I do not oppose having multiple reserved trading strategies, but in the long run you have to stick with a single strategy that is best suited to your trading style.

However, sticking to it does not simply mean you just keep doing the same thing, but as what successful traders have been telling us, improve your strategy from time to time and keep it updated, so that it can still combat those unpredictable market changes that are bound to happen every time we decide to trade.

Usually, peoples in early days of their trading try to keep changing into their trading strategies because its never been easy for them to have stick with one which allow them to have better results and keeping changes always helps them for having better performance.
While at the end they always keep strategy which allow them to have things balance because it's also important for them and their trading which need to have keep staying on positive during work on different strategy their business is also had ups and downs.
At the end always having strategy which give them better result and also have things easy to organize works because having more pressure or always keeping changes never help and also never affordable for most traders.

Changing up strategy isnt that bad because we are trying to find on what suits for us and to think that strategies could be applied on different market variations or situations on which its a common approach that you will be having those kind of changes or adjustments on which its understandable that as a trader then it will be that a trial and error thing. There are those situations that you would be needing up to have those kind of testing because not all the time that 1 strategy could work in all different market variations and since we do know that this market has different conditions then its normal that you do find for different approach but its true that you would be having that kind of headache whenever you do have those strategy hopping because we cant be able to make sure that one strategy will be effective on a specific market situation. There's no way on proving it out because the main proof will be that for you to become profitable in the first place. If you do know on how to make out some adjustments and for the sake of trial and error and you do learn something from it then there's no issue when it comes to this but make it sure that tolerance will be there because the main that affects it out is your emotion and your mentality because once that it will be having that kind of reaction on which it will be causing up that kind of those decisions that isnt that getting in line with your plan. If you are eager on sticking into one strategy then its not that also bad because everything will be basing up with someones preference and on which if they do saw about for it to be effective for him/her then why would be that trying out to hop for another one? It all matters about mastery? Yes it it is, but you cant just that be able to avoid not to think that since this market is volatile and unpredictable then it would be that so hard to stick up with one strategy or ways on how to deal up on different market situations or conditions. It will be that up to you whether you do made out some adjustments or you would be sticking up into your plan. Just make it sure that you wont be having no regrets at the time that you do made out such decision because usually traders do have those kind of regret at the time that they've been testing out some strategy and then tending to make out some changes just because they've been trying out to have that new strategy and ending up losing.

[Finestream]

One trading strategy is enough, and just keep on upgrading it every time its effectiveness lessen. But if you’ve seen there’s no more chances to make it work anymore, that’s the time to develop and improvise a new one, until it will really fit on the kind of trading style you have.

Strategies are crucial, but having different strategies will only make you confused in the long run. Just stick with a single strategy, and just change it when it’s no longer working anymore, when it’s no longer making you a productive and profitable trader.

[2Pizza410000BTC]

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.

In fact, beginners should not follow too many trading strategies. It is better for beginners to go ahead with a few strategies, but one of those strategies is to continue trading using a very small amount of money on the trading platform and gain experience. If a new trader uses more money on the trading platform and continues trading, then that person will lose money on the trading platform, then it will be seen that that person is thinking negatively about the trading platform. But among some other strategies, he should not be too greedy, he should be patient and should not trade with emotion. I think it is very important to follow these few strategies as a new trader.

[laijsica]

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.

In fact, beginners should not follow too many trading strategies. It is better for beginners to go ahead with a few strategies, but one of those strategies is to continue trading using a very small amount of money on the trading platform and gain experience. If a new trader uses more money on the trading platform and continues trading, then that person will lose money on the trading platform, then it will be seen that that person is thinking negatively about the trading platform. But among some other strategies, he should not be too greedy, he should be patient and should not trade with emotion. I think it is very important to follow these few strategies as a new trader.

You are right that beginners should not practice trading strategies. But if they can accumulate small amounts using discretionary income then they can continue to get holdings as they gain experience. The tendency to quick sell should be reduced as it is more important for beginners to have the effort to build a decent holding. Trading with lump sum money is too risky for those beginners.
Trading platforms are a great place for qualified and experienced people Experienced traders implement decisions quickly to get high profits. I find the strategies and tendency of those traders to make quick profits impressive. To be a trader at that level you need to be in the trade field with long term market observation, consistency of accumulation and decent portfolio.

[Joy- maker]

Sticking to one strategy is good, less call it your own strategy which you normally use when trading. but I don't think one strategy is enough for a trader who want to be profiting in his or her everyday trading. As a trader you have to try out other strategies don't just focus on using one strategy while trading try others  too from there you can learn one or two things and then apply it to your own strategy. The truth is trading then and now are not longer the same things have really changed I don't know if anyone have noticed or observed anything in now trading.