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Why Strategies Stops Working After Some Time.
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[QUOTE="Setho, post: 228297, member: 29023"] It is very important for people to know that prices in financial-market is usually not in the same direction . There are so many things that can decide where the price is going to go and as such you can only be able to try and predict for a short-term but on the long term it is almost impossible to know because it is so dynamic and things can be able to change so quickly . This means that you should also be changing when it comes to your strategy because there are some markets that are very effective whenever you are using the Fibonacci retracement trading indicator and there are some markets that might be better off you using the exponential moving averages or just simple volume . This is why it is not advisable that you should have only one trading strategy as things usually change very quickly but you should try to learn at least two or even three . In this way you can be able to know the different things that can happen in the market and then plan appropriately if any of them . This is also why the use of trading bot is usually is not sustainable even as they are very expensive. [/QUOTE]
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