Expert opinion: Diversification is one of the most effective ways to minimize risks. For the most experienced market participants, this may even entail opening several trades in a different direction for the same instrument. However, one of them will be a long-term trade, and the other one - a short-term trade.
Expert opinion: The more diversified your trading is, the more stable your results will be.
Expert opinion: In special cases, experienced participants can even include unprofitable tactics in their portfolio of trading strategies if it makes more general results more stable.