Sticking to a trading strategy, right idea?

[buzzing]

when I lived in Tokyo, I went to the Tokyo Traders Club. I don't have much money or experience (just taught English over there), but one thing they said was have a plan stick to it. For example if you sell at 10% do it consistently. Is it good to have a strategy and stick to it?

 

[BeginnerJoe]

It is only good to have a winning strategy and stick to it. A looser strategy must be discarded or fixed immediately.

 

[malaguti]

It is only good to have a winning strategy and stick to it. A looser strategy must be discarded or fixed immediately.

Here here. Fix it and backtest that, and demo that before going real. Then keep on reviewing to make sure it stacks up to your backtested results.