Trade expectancy is one of the most important aspect of trading and I firmly believe that in order to succeed in this business one should have numerous strategies under your arsenal, so that you have ample trading opportunities day in day out regardless of market condition.
Moreover, as a trader you have to master strategies which could be traded on multiple time frames, hence providing more trading opportunities.
For example, you trade 3 different strategies which provide an average 10 trades on one particular time frame. Now if you trade same strategies from M5 to Daily time frame, imagine how many trading opportunities you will have in a week.
Sure you don't have to take each and every trade and could be selective and only trade good setups and where you have better risk to reward ratio etc.
Moreover, as a trader you have to master strategies which could be traded on multiple time frames, hence providing more trading opportunities.
For example, you trade 3 different strategies which provide an average 10 trades on one particular time frame. Now if you trade same strategies from M5 to Daily time frame, imagine how many trading opportunities you will have in a week.
Sure you don't have to take each and every trade and could be selective and only trade good setups and where you have better risk to reward ratio etc.