An Ever Changing Market

If market is ever changing, what's the point of studying one particular strategy? Or a matter of fact, any strategy at all?

You could easily spent thousands on a course/strategy/method/guru, studying it for the whole year, demoing with great success. But by the time you've mastered it, market has changed again, the loop hole inefficiencies have been closed, and therefore the strategy is no longer profitable. Such a waste.They say you have to have an edge to trade. How do you know that your edge is not just luck? Do you even know the expiry date of your edge, if such time exists? Market structure doesn't really change, at least not fast enough to really affect traders systems. Market dynamics do change though.

I see technical strategy traders as a person alone in a room with a ball and a goal. The aim obviously is to kick the ball into the goal - but the room is always changing. The floor tilts wildly, the walls move in and out, and the goal moves around the room unpredictably. The player sometimes gets the timing right and sometimes gets it wrong. There is another way to approach the problem though - one that most people never think of. You can look for a door, step outside the room and study the mechanisms causing the room to change. Once you know how and why the room is changing you have a chance.

The movement and behavior of financial instruments, including currencies, depends largely on the macro environment at the time, because the players involved change their behavior according to the wider economic climate. Whether a currency is reacting to a news release, a technical level or manipulation, the nature and severity of it's reaction depends on many things such as inflationary cycles, bull/bear market conditions in equities and global macro themes. If US GDP grows faster than expected, and investors need to park more money somewhere, where do they go? Gold, stocks, cash, or property? It depends. If inflation is a threat, they go to Gold. In a property boom they go to property. In a bull market they go to stocks. And the USD acts very differently in each of these climates, a fact lost on people who are preoccupied with technical analysis, wondering why their system sometimes works and sometimes doesn't.