Relax... I'm not teaching or sharing. Nope, I just wonder what people would say to this question:
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?
If you say, "well market changes all the time, so we'll just have to keep changing with the market." But to change means changing the trading plan, otherwise what is there to change? And don't you think changing systems, leaping from one to another, is a no no to do as a professional trader? And I dare say it is quite impossible for one individual trader to always catch up and redefining his or her edge with constant new information about the market. At least I don't know how to do it.
Could it be that those few who make constant money out of the forex market realize that market is actually not ever changing? That it stays the same the day it was born, and it will stay the same the day it dies?
As price is not random, does it also mean that market is not ever changing?
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?
If you say, "well market changes all the time, so we'll just have to keep changing with the market." But to change means changing the trading plan, otherwise what is there to change? And don't you think changing systems, leaping from one to another, is a no no to do as a professional trader? And I dare say it is quite impossible for one individual trader to always catch up and redefining his or her edge with constant new information about the market. At least I don't know how to do it.
Could it be that those few who make constant money out of the forex market realize that market is actually not ever changing? That it stays the same the day it was born, and it will stay the same the day it dies?
As price is not random, does it also mean that market is not ever changing?