Wednesday, September 2, 2015

Technicals or Fundamentals



It's a bull market. Everything works.

But what happens when the bears visit town?

Many traders and investors would find their methodologies tested
 during this phase. It's a time where you find out what works best
 and what doesn't. 

I've heard countless stories of people and their experiences. How 
they gained big or small but lost more. I would find their system
 and approach good. Be it a fundamental or technical approach, it
 would usually be a system that is well toiled and thought of.

So what went wrong?

The most important thing people forget when treading and trading
 the markets is the mindset. A system based on fundamentals or
 technicals in its purest form is just sets of "if, then, else" 
statements.

example:

IF A breaks-out of 10, Then Buy at 10.01-10.1 ;

IF B is [insert fundamentally sound principle], Then Hold/Buy ;

else, avoid ;

Simple right?

But why is it so hard to act on it?

Because numbers are constant. Your emotions are not.

And while some people would argue that you can mix both
 fundamentals and technicals, I believe you just can't.






Either of the two works, that is... if you use the right approach.
And No. you can't choose Ereudite.



6 comments:

  1. nice that is why we need to make the iAlgo to help us trading once we have the position.

    ReplyDelete
  2. hey master zee try this https://sparkprofit.com/intro?by=bRc0n5

    ReplyDelete
  3. Sir zee will it be possible to post here sa blog ung monthly earnings at batting averages ng mga tribe members of course with port shots? Siguro its high time na for investors to know who are the top performing groups to serve as a good source for trading guides at saan sila puwedeng matuto how to be profitable. Mas maganda nga sana kung ung ibang group will follow that kind of example (kung meron man sila)
    para sa benefit ng investing community sa ph stock market

    ReplyDelete
    Replies
    1. Hmmmm. I don't control the tribe members kasi. They do what they wish. If they post or not, up to them.
      And if ever they would show their identities or not - Security would be an issue.

      Delete
  4. I don't control the tribe members kasi.
    Shows a kind of character which is so humble.You are always inspiring sen Z.

    ReplyDelete