One strategy at a time

Patience is a virtue, is a phrase that is true in trading.

Trader seminars often provide many strategies based around a trading method. An attendee then looks for a trade, from all of the strategies provided, all of the time.

A recipe for a series of stressful losses.

From all of the strategies taught at the seminar, probably only a few are worth the risk; and of those a single strategy might stand out.

It is better to find that ‘one’ strategy and work it until we’re consistently profitable.

Only then are we to consider another strategy.