One strategy cannot be useful in all market conditions

[sindarin]

Yes, but some strategies do work for most market conditions but there are ones that are more suited to a specific type of market condition.

So that is why we said that one strategy cannot be useful in all market conditions because of the difference in market, it is totally dynamic. Maybe there are some strategies that good for more than one market conditions but it won't be happen for long time.

 

[Daisy]

Forex is a complicated business so it requires complicated strategies. I mean there are literally six ways to skin that cat and I believe so in everything in life. I do not believe in doing anything one singular way. I don't drive one way. I drive many ways on the road. There are many ways for me to find my ways home just in case one street get closed. I won't be sitting on the road waiting in traffic. If it works then use it. I do not stick to any singular strategies or else I will go hungry that way. Its best to be complex and complicated in this business as well as many others.

 

[budado]

The market is truly volatile, highly dynamic as well and one could say that unless you flow with it, you just might be left behind. I am an advocate of; make a reliable strategy, however, do not only depend on only one since you can have different market changes.

I do hedging and averaging so its really does not matter if the market is trading side way or trading radically as I just chance my TP depends on how the market moves. I know I can handle my account in forex and become big time trader. I know I will going to make good income in here if I only end up having big income.

 

[Pettyeve]

So that is why we said that one strategy cannot be useful in all market conditions because of the difference in market, it is totally dynamic. Maybe there are some strategies that good for more than one market conditions but it won't be happen for long time.

Just to add to that. Strategies always need to be updated. A strategy that is working for a single market condition will twist and seize to work in another market condition if no adjustment is made. It can just remain ineffective till such a time when the market changes to the way it was.

 

[amit.neogi]

I would like recommend GTM Market Strategy for all market conditions. Especially if you are dealing with services, products or internet marketing, Even if you are just starting out as an Internet Marketing newbie, you need to have a new way of thinking. You need to have a GTM Strategy.

yes you are right that one strategy is not be a sucessfull way of trading for all market and for the same as per my knowledge my thinking is for better and healthy trading we should be more updated and aware on every things.

 

[hasan87]

Yes, it is true that one strategy may not be useful for all time. Because market trends are always changing time to time.That's why a trader should apply some various useful strategy to avoid such type of critical situations. A trader should know how to cope with the changing trends of the market. Otherwise the traders have to suffer fo that.

 

[riddick09]

Not all the time or in any strategy category. You can have here strategy specifically for long term or short term. We can't combine those strategies in one because, they will not be appropriate. And also think about a strategy will always have the purpose or function that can't be the same in the term plans.

 

[Markllee30]

As market condition do not remain always same and according to that strategies also goes change. Infact we need to opt strategy which is most favorable to market condition. therefore we can not relay on one strategy for every situation.

 

[Decub]

Some trader though, use and maintain a particular strategy and since they dealing in one form of trading and might mostly trade in one pair. They effect is more on the analysis. If a strategy is good and profitable, then there might not be any reason to alter it for another option.

 

[amit.neogi]

Its true that one stratigies cant be usefull for all market but as per my experience that one or more than one if your stratigies are strong then it would be fruit full for any segments in trading field.

 

[ryuken]

I don't think same strategy helps people all the time. Some of the actions don't give much returns at all. this is something we have to learn as we slowly investing into the forex. there are times when the market does move quickly and also have some limits for us to invest there.

 

[barood4money]

Well, it is true that if you have a good stock of strategies then it will be very easy for you to handle tricky and difficult situations. So it is always advised to experiment and learn different strategies at demo account.

 

[Decub]

Yes true but also, not over laboring ourselves with multiple strategies that might prevent us from concentrating in one. If there is one good strategy that can make us money, updating it always according to the market condition will make a whole lot of difference.

 

[barood4money]

Yes true but also, not over laboring ourselves with multiple strategies that might prevent us from concentrating in one. If there is one good strategy that can make us money, updating it always according to the market condition will make a whole lot of difference.

Yes, you are right. Actually it depends on the trader. If a trader can grasp many thing which is learned then it is good for him. But if a trader is not good at grasping then it is advised to stick with best strategies.

 

[Decub]

Yes, exactly. I was discussing with an online friend last week and he was explaining how he does his own trade and I bet you, that's the best way one can trade and still make profits. He is a news trader and barely trades less than seven times in a month. Works with economic calendar and makes profits the way a daily trader would make with the same capital.

 

[budado]

Each trading strategy has some trends and pattern that we can use to trade. For example we can trade using averaging if the price is keep on bullish or bearish trend and we can do hedging if the support and resistance level is very strong.

 

[barood4money]

Each trading strategy has some trends and pattern that we can use to trade. For example we can trade using averaging if the price is keep on bullish or bearish trend and we can do hedging if the support and resistance level is very strong.

Yes, i agree with you. Different strategies have different plans. So different plans are used in different situations. So it is always advisable that we should learn every strategies, so that everything should be in our fingertips while tricky situations.

 

[Daisy]

I see no way for a trader to be successful with just one strategies. There are six ways to skin that cat. I do believe in being creative and learning of many ways to capture the market. I don't believe in doing things in just one way. I hope to achieve my goals in many different forms. I think that is part of being creative or learning how to be creative.

 

[Decub]

Sure, no one becomes successful by doing one and the same thing, the same way over and again. It doesn't make someone a professional or an expert in his field. Trading strategies should always be adjusted to suite the market. Even when it has to be very similar to what you've been doing, a slight adjustment would smoothen the whole rough ages.

 

[gkintl]

Sure, no one becomes successful by doing one and the same thing, the same way over and again. It doesn't make someone a professional or an expert in his field. Trading strategies should always be adjusted to suite the market. Even when it has to be very similar to what you've been doing, a slight adjustment would smoothen the whole rough ages.

I do accept the fact that flexibility matters the most in speculative profession. However, a lot of experience is required to reach a level where a trader adapts to markets volatility. In the initial stages, it is always better to stick to the strategy created earlier on. It will enable a trader to avoid so many confusions. Even the most smart traders gets blinded momentarily by unexpected volatility. The bottom line is that an experienced professional can bend a strategy when ever it is needed. On the other hand, a beginner should always trade in a systematic manner without venturing into untested methods.