One trading strategy is enough.

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One trading strategy is enough.

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.

Danusushka de zoyza Answered question August 21, 2024
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As a new trader, trade on one pair is enough as they still learn about trading and need to understand how to trade properly. They don’t have to force themselves to trade more than one pair because that can makes them difficult to controls their emotion. They can lose their focus to watch and analyze the market and could be late to take action based on the current situation at the market.

Danusushka de zoyza Answered question August 21, 2024
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