Update your trading strategy if its not working

in #tradinglast year

TradingStrategy.jpg
Image source

You cannot keep doing the same thing all over and over again and expect different results at all times...

If you have a trading strategy that is not working the way it ought to or if it is not working at all , then change such strategy and look for a better strategy..

For example, i used to love the DCA Strategy whenever I trade crypto but I did it for a long time and it did not work well for me the way it work for some others, and so I said to myself , maybe the DCA was not a strategy that suits my trading style or my personality.. Yeah different strategies have different ways they work for different traders , the strategy that works for a particular trader might not work for another trader..

Just think deeply about your trading strategy and see if it works for you , if it is not working for you then you might need to really change the trading strategy till you find the right trading strategy that works for you.

The trading strategy might necessarily not work all the time but it should at least work most of the time and be able to give you the kind of desired results which you want.

Keep fine-tuning your trading strategy till you find the best one that fits your personality as a trader, for example if you are not a patient trader, trading spot might be a problem for you because you need patience to survive spot trading...you need to study yourself well and use trading strategy that fits the kind of person you are..

Coin Marketplace

STEEM 0.18
TRX 0.18
JST 0.034
BTC 88157.98
ETH 3083.80
USDT 1.00
SBD 2.74