c11 JWBT016-Busby September 30, 2008 14:18 Printer: TBD
126 STRATEGIES TO WIN
very simple. At the time of this writing, this simple strategy has worked
over and over again for my students and me.
My experience with trading bonds highlights one of the important
things about trading. Trading and the trades that are successful are al-
ways changing as the market changes. Dynamic markets mandate dynamic
strategies.
Also, as new knowledge is gained, you are better able to understand
the markets and design trades and strategies to make money. A strategy
that works well today or for a number of months or years may not work
under different market conditions. For that reason, traders have to learn
from the markets and adapt and tweak strategies as needed.