Which one do you use? Technical or fundamental analysis?

[yogi-in-oz]

Re: Which one do you use? Technical or fundamental analysis



tech/a,

"To win a weekly comp like this you need to take risks ..."

It's NOT a weekly competition here, it is MONTHLY, so
how come you can't enter some stocks, that finish with a
positive return???

Yes, trading IS about consistent profits MONTH-on-MONTH
and it is something that you have failed to demonstrate
here ..... in fact you have failed, miserably.

-----

"4 yrs $30k to $310k traded live and fully disclosed."

... and you really think that's a big deal don't you???

So now you have changed the story too, a couple of days
ago your post said that you made that same figure in 3 years

..... so again, you have been found to be mishandling
the truth.

..... and just to dispel the rumours ... FULL disclosure would
have a clause about bankruptcy, would it not???

"Truely ... ??"

-----

byeee

yogi

 

[Bobby]

Re: Which one do you use? Technical or fundamental analysis

I would love a $10 million tax bill.

Wayne Thats spot on !
Wish mine was also.

Bob.

 

[MichaelD]

Re: Which one do you use? Technical or fundamental analysis

I would love a $10 million tax bill.

No worries - I'll send you mine.



(for humour impaired readers, no I am not fortunate enough to have such a bill...yet)

 

[It's Snake Pliskin]

Re: Which one do you use? Technical or fundamental analysis

I can`t understand the big deal wether Gann is better than Elliot or what. It doesn`t matter, just like Technical or Fundamental. They all work for some practitioners.

I hate fundamental analysis with a passion but recognise its effectiveness for those who use it with an open mind.

And tax. I love paying it.

Realist if you hate tax so much, don`t lodge returns - it`s the only answer, though I don`t advise you to do it.

 

[wayneL]

Re: Which one do you use? Technical or fundamental analysis

I hate fundamental analysis with a passion but recognise its effectiveness for those who use it with an open mind.

Bravo!

I'm looking forward to the day when *some* FA's could say:

I hate technical analysis with a passion but recognise its effectiveness for those who use it with an open mind.

Cheers

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

It is clear you obsession with taxes and fees is detrimental to your profitability. This is obvious.

I would love a $10 million tax bill.

Yes, so would I. But the alternative is to wait a year, halve the tax and keep $5 Million of that Wayne.

Do you want a $10M profit or a $15M profit?

Or my preferred option do you just want to leave $20M invested compounding year on year?

 

[lesm]

Re: Which one do you use? Technical or fundamental analysis

I can`t understand the big deal wether Gann is better than Elliot or what. It doesn`t matter, just like Technical or Fundamental. They all work for some practitioners.

I hate fundamental analysis with a passion but recognise its effectiveness for those who use it with an open mind.

Snake,

Well said.

Whatever the method, if it works for the person using it then that's what matters.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Bravo!

I'm looking forward to the day when *some* FA's could say:

I hate technical analysis with a passion but recognise its effectiveness for those who use it with an open mind.

Cheers

I do not hate technical analysis, infact I love it. The more people that do it the better for me.

I wish everyone did it.

And before you ask - I post here for fun, I aint seriously trying to convert anyone to FA and I really don't care what others do, I am willing to learn from others though, and share my opinions, and have them shot down...

I'll put my balls onthe chopping block and if other people punch holes in my investments or theories it is great - it'll save me real money hopefully.

 

[It's Snake Pliskin]

Re: Which one do you use? Technical or fundamental analysis

Yes, so would I. But the alternative is to wait a year, halve the tax and keep $5 Million of that Wayne.

Do you want a $10M profit or a $15M profit?

Or my preferred option do you just want to leave $20M invested compounding year on year?

Yes but if he hadn`t made the money to pay the tax how could he keep the other half without making it, due to holding longer and missing serious plays, like you may have.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Snake,

Well said.

Whatever the method, if it works for the person using it then that's what matters.

No argument there.

If it aint broke don't fix it.

Maybe tweak it for better performance though...

 

[It's Snake Pliskin]

Re: Which one do you use? Technical or fundamental analysis

I do not hate technical analysis, infact I love it. The more people that do it the better for me.

But you stated you didn`t know anything about it so how could you love it?
Even if you think it makes you money how does it affect the market to make you money? You wouldn`t know because you don`t understand it. Think before you post, the eagerness to mouth off highlights your weaknesses.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Yes but if he hadn`t made the money to pay the tax how could he keep the other half without making it, due to holding longer and missing serious plays, like you may have.

I've missed many serious plays. who hasn't?

Tis the tortoise versus the hare, I will be rich eventually doing what I am doing, many will be rich faster, but many wont be rich at all. My way is virtually guaranteed. You guys need to be alot smarter, faster, more alert and wiser than me. I just set and forget mostly. Any dummy can do it - no question. Patience and self control is all it requires, no skill at all really.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

But you stated you didn`t know anything about it so how could you love it?
Even if you think it makes you money how does it affect the market to make you money? You wouldn`t know because you don`t understand it. Think before you post, the eagerness to mouth off highlights your weaknesses.

What you do isn't anything anyone else can't learn fairly quickly and do adequately, it is not rocket science.

I just can't comprehend why so many people buy into a company that has not even made a profit because others are buying it.

I don't follow crowds or trends in life in general, it's just me.

 

[It's Snake Pliskin]

Re: Which one do you use? Technical or fundamental analysis

I've missed many serious plays. who hasn't?

Tis the tortoise versus the hare, I will be rich eventually doing what I am doing, many will be rich faster, but many wont be rich at all. My way is virtually guaranteed. You guys need to be alot smarter, faster, more alert and wiser than me. I just set and forget mostly. Any dummy can do it - no question. Patience and self control is all it requires, no skill at all really.

Que?

We need to be smarter and faster? But, any dummy can do it? And, no skill required?

So you basically state a three toed sloth could do what you do, but, it needs to be smarter, faster (I agree here) and wiser (maybe the sloth has it on you here).

Where would ASF be without Realist? Thanks for the entertainment.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

How does it make me money?

Well everyone following a trend leaves the door open for others to go against the trend and get bargains.

If everyone is buying red shirts cause that is the trend, then market forces will dictate black shirts will be on sale, I'd buy an Armani black shirt at a discount to your red shirt! You wouldn't - you'd pay too much for the red shirt and wear it till it went out of fashion. Fair enough too, most people would, but when black shirts come back into fashion, years later - I've already got one, and I paid bugger all for it. You'd rush off and buy a black shirt at a premium. My costs are lower. Your clothes bill would be higher than mine.

 

[swingstar]

Re: Which one do you use? Technical or fundamental analysis

Traders: Trade for income. Cash flow. Quick capital.

Investors: A lump sum by the time they need a walking stick. Will have to work to support themselves in the meantime. Traders can invest too.

Any objections?

Why compare?

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

We need to be smarter and faster? But, any dummy can do it? And, no skill required?

Where did I say no skill required or a three toed sloth can trade succesfully?

All I said was someone could learn fairly quickly and do it adequately.

That is not putting it down whatsoever. I'd suggest to trade proficiently and truly successfully is quite a skill. Infact it would require alot more skill than "investing".

All I was saying is like anything to learn the basics aint tough. To master it is.

 

[It's Snake Pliskin]

Re: Which one do you use? Technical or fundamental analysis

What you do isn't anything anyone else can't learn fairly quickly and do adequately, it is not rocket science.

Thankfully we don`t do it like Nth Korea if it was.

I just can't comprehend why so many people buy into a company that has not even made a profit because others are buying it.

But most don`t view it as buying into the business; a differentiation of ideology.

I don't follow crowds or trends in life in general, it's just me.

Don`t be so prejudiced.
Actually you do because if the companies weren`t good, then no crowds would buy their products etc.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Traders: Trade for income. Cash flow. Quick capital.

Investors: A lump sum by the time they need a walking stick. Will have to work to support themselves in the meantime. Traders can invest too.

Any objections?

Why compare?

It is like comparing religions or arguing politics - you are never going to convert anyone, it is the fun of the discussion and what you learn from it that matters.

Investors need to work, it is no profession. Agreed.

Traders can invest too.

Why would a trader want to invest?

 

[wayneL]

Re: Which one do you use? Technical or fundamental analysis

How does it make me money?

Well everyone following a trend leaves the door open for others to go against the trend and get bargains.

If everyone is buying red shirts cause that is the trend, then market forces will dictate black shirts will be on sale, I'd buy an Armani black shirt at a discount to your red shirt! You wouldn't - you'd pay too much for the red shirt and wear it till it went out of fashion. Fair enough too, most people would, but when black shirts come back into fashion, years later - I've already got one, and I paid bugger all for it. You'd rush off and buy a black shirt at a premium. My costs are lower. Your clothes bill would be higher than mine.

LOL such an inappropriate illustration.