{"id":7310,"date":"2021-05-09T17:59:22","date_gmt":"2021-05-09T12:29:22","guid":{"rendered":"https:\/\/boomingbulls.com\/?p=7310"},"modified":"2022-12-26T15:23:14","modified_gmt":"2022-12-26T09:53:14","slug":"master-one-trading-strategy","status":"publish","type":"post","link":"https:\/\/boomingbulls.com\/blogs\/master-one-trading-strategy\/","title":{"rendered":"Master One Trading Strategy"},"content":{"rendered":"
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Master One Trading Strategy<\/h1>\n

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If you want to be a successful trader<\/a>, you don\u2019t have to do anything extraordinary to achieve trading success, you just have to master one trading strategy. It sounds odd but if you observe carefully, besides a little bit of luck both mentally and physically, the best professional traders in this world have two things common among themselves that have made the biggest contribution to their success.<\/p>\n

Those 2 things are-<\/p>\n

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  1. Constantly following the process that will bring them closer to their goal.<\/li>\n
  2. Complete focus on mastering the one trading strategy at a time rather than changing the trading strategies constantly.<\/li>\n<\/ol>\n

    In this article, I am going to explain to you why and how you should master one trading strategy. So that you can eliminate variables and truly make your craft perfect. The people who make the most money in this world all have one thing in common: They all have achieved MASTERY in one particular field.<\/p>\n

    Today\u2019s trading lesson, if you read carefully, can transform your trading from losing or break even to winning.<\/p>\n

    Why should you practice one trading strategy at a time?<\/h2>\n

    All the successful traders and even institutional traders<\/a> are nothing if they are not focused or have not achieved mastery in one particular trading approach.<\/p>\n

    The main reason behind this is they all know that you cannot make money in the market with the scattered trading approach which is a confusing combination of all the different trading strategies. You just need one or a small handful of simple technical analysis tools or patterns to properly analyze and trade with the help of chart patterns.<\/p>\n

    All the successful traders<\/a> in this world have practiced and applied one trading strategy 100 or 1000 times over their career; they are not trying to use a whole bunch of new strategies and also they are not switching from one strategy to another. Learning and mastering a new trading strategy takes time. But much more time is required for the same strategy to be played out over a series of trades.<\/p>\n

    What does it take to master one trading strategy?<\/h2>\n

    Here are some of the core qualities that you will need in order to start being more focused on one trading strategy and eventually becoming a master of it.<\/p>\n