when should I change trading strategies?

Discussion in 'Forex' started by Waylen, Jan 22, 2025.

  1. You should think about changing your trading strategy when it’s just not working for you. If you’re consistently losing, feeling stressed, or not seeing the results you expected, it’s a sign to switch things up. Also, if market conditions change like high volatility or new trends, you might need to adapt.
     
    #11     Feb 4, 2025
  2. shine

    shine

    If a trading strategy gives more losing signals than profitable ones, it must be changed or modified and improved.
     
    #12     Feb 4, 2025
  3. I usually change my trading strategy when I’ve been consistently losing for a while or when market conditions shift drastically. If the new strategy holds up in testing and you feel confident, then switch. Stay patient, keep learning, and don’t risk more than you can afford to lose. We got this!
     
    #13     Mar 4, 2025
  4. Clyde101

    Clyde101

    As others have said, your strategy/edge works or it doesn't.
    To add some more colour to this, I would imagine that your edge takes into account if a market is going sideways (accumulation/distribution) or is trending. It would need to be able to be traded in both conditions, or be able to recognise when one of these conditions is occurring and to stay out or trade it. Depending on what your edge is looking for.
     
    #14     Mar 18, 2025