Reasons to Change Trading Strategies
In the learning process of becoming a successful trader, changing trading tactics is a common factor. The absolute reason to change trading tactics is of course looking for trading tactics that are more suitable, better able to make a profit. This is done especially by beginner traders who are still looking for themselves. But senior traders are also able to change their trading tactics. Changes in age, capital, or lifestyle can also change trading tactics.
Usually traders who have grown older tend to change their trading tactics so that they are less risky.
Unequal capital usually requires different trading tactics. Trading with capital of Rp 15 million with Rp 20 billion is certainly different approach
Lifestyle changes such as single traders and families are usually also different. Married traders are usually more likely to be conservative. Traders who continue to work in the office with full-time traders are also able to not equal the approach of strategy.
Various examples above are the act of changing trading tactics that usually have a positive impact in the future. But there is also the habit of changing trading tactics that have a negative impact.
In the affairs of forex trading economics, of course, not a few tactics used by traders so if you say with other traders so the tactics used will not be the same as others. Trading strategies have many kinds that are not the same good for forex trading tactics, gold trading tactics, to stock trading tactics. For the selection of this tactic of course back to yourself that can be adapted to personality and and apparently, as for being able to change trading tactics if there are certain factors.
Changing trading tactics proved not to be as easy as we imagined because when you change it so you kind of change the usual daily habits. Therefore if you want to change so must have an argument first Why you want to change it. Usually when the retailer changes tactics because there are various factors that we will discuss in this post.
Although changing trading tactics becomes a common factor in this economic affairs, sometimes when someone changes tactics it even has a fatal impact in a situation so it must be considered in such a way when you want to decide in changing the tactic.
Reasons to Change Trading Strategies
The following means various factors that must be considered related to the argument why you are able to change trading tactics or must change tactics so as not to lose in the future.
Through the learning process to become a successful trader to change trading tactics means ordinary factors and generally for absolute arguments when changed, namely because they want to find more appropriate trading tactics and be able to generate more profit.
The habit of changing trading tactics is usually done by novice traders who are still looking for their identity in economic affairs and not the same when a senior trader or expert when they want to change tactics so there are various factors that become certain arguments.
Age factor
For professional traders when they have been in economic affairs for a long time this is the least argument when changing forex trading is due to the problem of their age that is increasing so that the trading tactics they had done are no longer effective and considered too risky both for health and finance so they are also obliged to change the impact of age factors.
Different capital
It turns out that capital can affect tactics because when you have a small capital so that is used tactic A but when you have used large capital up to billions so of course have tactic B.
Lifestyle changes
Furthermore, hypnotizing the existence of trading tactics that change yes it is due to problems like that festyle changes
F let's call it when used to use certain tactics when staying single but when married so it will change into the latest tactic.
Married people are not a little more conservative when compared to traders who remain single, traders who still work with full-time traders, in fact have a tactical approach that is also not the same as each other.
Changing trading tactics means a common factor in forex trading economics but how well you adjust first before changing trading tactics whether cooler or vice versa. Hopefully the post we wrote can be a reference for you beginner traders.