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  5. i keep jumping to a new strategy every week, how do i actually stop

i keep jumping to a new strategy every week, how do i actually stop

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  • V Offline
    V Offline
    vincentgray
    wrote on last edited by
    #1

    every time a strategy has a couple of losing trades i panic and switch to a new one i found online, convinced the old one was broken. ive done this for months and never given anything enough time to actually work. i know its a problem but the urge to switch after losses is overwhelming. how did you break this cycle?

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    • D Offline
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      Dean
      wrote on last edited by
      #2

      you broke it the moment you named it, now you need a rule that removes the decision. commit to one strategy for a fixed number of trades, say fifty, before you are allowed to judge it at all. a couple of losses is statistically meaningless, every edge has losing streaks. the strategy-hopping isnt a strategy problem, its you reacting to normal variance as if it were failure. fifty-trade commitment, no switching mid-sample, judge only at the end.

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      • O Offline
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        Oliver
        wrote on last edited by
        #3

        the fixed-sample commitment is the cure. a few losses in a row feels like proof the system is broken, but any positive-expectancy strategy has those stretches regularly. you cant evaluate anything on a handful of trades. by switching after every losing patch youve guaranteed you only ever experience the losing parts of many strategies and the winning parts of none.

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        • L Offline
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          lostsignal
          wrote on last edited by
          #4

          youre not strategy-hopping, youre comfort-seeking. each new strategy is a fresh hit of hope before reality arrives. the next shiny system will feel like the answer for exactly as long as it takes to have two red trades. the strategy was never the variable.

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            thomas_x
            wrote on last edited by
            #5

            the troll nailed the mechanism, its emotional, not analytical. what worked for me on top of the fixed sample: i wrote down before starting exactly what would make me abandon a strategy, a specific number of losses or a drawdown level, in calm. then any urge to switch had to meet that pre-written bar. mid-streak panic almost never met the criteria i set when rational. let your calm self veto your tilted self.

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            • S Offline
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              simpleguy
              wrote on last edited by
              #6

              what if the strategy genuinely is bad though, how do i tell real failure from just a normal losing streak?

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              • O Offline
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                Oliver
                wrote on last edited by
                #7

                you tell them apart with a big enough sample and by checking whether you followed the rules. a strategy that loses over fifty-plus correctly executed trades may genuinely lack edge. a strategy that lost over six trades, or that you didnt actually follow, tells you nothing. real failure shows up as negative expectancy across a proper sample of on-plan trades. anything less is just variance or your execution, not the strategy. thats why the sample size and the on-plan flag matter so much.

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                • A Offline
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                  Adam
                  wrote on last edited by
                  #8

                  fifty trades minimum, pre-write your abandon criteria, ignore mid-streak panic.

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                  • S Offline
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                    samuel.j
                    wrote on last edited by
                    #9

                    the comfort-seeking line stung because its exactly it 😅 every new strategy was a hope hit. committing to one for fifty trades and writing my exit criteria down tonight. thanks for being blunt, i needed it.

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