One strategy at a time

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

Trader seminars often provide many strategies based on a trading method. An attendee then looks for a process, from the approach presented.

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 plan 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.

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