Do traders usually have multiple strategies that they use during the trading day? or is it not a good idea to have more than one or two strategies because someone might get mixed signals or it could make trading more confusing looking for so many setups?
i know someone that has multiple strategies and does welll taking all signals... but I guess it's up to you. I have one for now, and would like to add another system... something in a longer time frame
I don't do a lot of intraday trading, but I use multipe strategies for swing-type set-ups. I think you have to have multiple strategies because there are a variety of market conditions.
It also depends on your capital. You don't want to be caught in a situation where you get a signal and you are not able to take it?