I’m just wondering, how many strategies do most of you trade?
Two. Candlestick patterns and larger price patterns. They work great individually and work even better when combined.
Here is an example of this, a bearish pin bar that formed off the top channel of a bearish pennant. This was a very high probability trade and produced big profits for me. They don’t happen often though.
my answer’s here (in a very similar recent thread) -
which strategy is more appropriate its depends on your trading knowledge and experience , at the same time it is difficult to maintain so many strategies , so be careful.
As many opportunities that I find depends on the number of strategies I run on the list of positions at a time. A couple diverse hedges and then some more specific longer-term sides of smaller positions and then some more short-term sides on individual instruments without hedging or diversifying is a decent place to be at according to capital utilization.