What to do When Your Strategy Stops Working?

When the market flips and your strategy breaks down, what should you do? In this clip, Hassan and Wasim discuss how to reset, rebuild and follow the trend instead of fighting it. A reminder that trading isn’t about being right. It’s about adapting.

Hassan: We’ve all been there… you lose one trade, after another, after another. What are you going to do? 

Wasim: [Translated from Arabic] Most likely, Hassan, I will rethink the strategy I initially set up, revisit my notes, conduct a full study of the markets, understand the new market trends, understand the reasons behind the market changes, and based on that, create a new trading plan with a more flexible strategy that before. So that I can have full control of the new strategy. 

Hassan: [Translated from Arabic] So, you’re going to implement the new strategy.  

Wasim: [Translated from Arabic] That’s correct. 

 Hassan: [Translated from Arabic] On the same market? 

 Wasim: [Translated from Arabic] On the same markets but in their direction. I’ll go with the new trend. Like the saying goes, “let the trend be your friend.”