How many possible scenarios could be there, for a particular strategy?

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Thomas Ball
Answered 1 year, 6 months ago
<p>Generally, successful traders only use one or two strategies. A strategy is a specific set of conditions that defines when you will enter and exit the market. It allows you to objectively see trading opportunities, and also see how trades would have worked out in the past. While past performance isn't always indicative of future performance, it does give you a baseline for assessing whether your strategy is capable of producing a profit. That's the real reason behind only using one strategy when you start by only focusing on one you get very good at it. The only way to …</p>