%% LOL-change. One or 2 changes for the good ; we now have IBD to compete with WSJ[investors business daily] + candle charts[IBD seems to prefer line + bar charts LOL]
Actually, I think u confused the book I recommended about fundamental analysys with something else - there are no charts in my book...
%% Sorry you got ripped off; dont think i have any IBD books or IBD newspapers without charts, most with 50 dma, or 200 dma........................................................
well i think we are not talking about IBD books, we are talking about books about fundamental analysis, right? fundamental analysis does not recognize stock charting of technical analysis as anything valid at all it's completely different approach, so no stock charting in books about fundamental analysis
IBD is a combined approach. They are not the only ones who do that. Fundamentals are more important for longer term trades. Technicals help with entry and exits.
I think of IBD as a technical approach, with some filters. They purchase stocks that fit certain technical patterns, but only if the market is cooperating and the stock has good fundamentals.
All those avenues offer information that will prove helpful once in a while. It's good foundational material. To become a profitable trader, you will be well-served to spend some time with someone who already knows how to trade profitably. This may be a bit hard to find. Teaching trading is not the same thing as doing it. Be wary. In order to become really good, you might want to deal with your internal demons, too. Good luck.
@Steve Alexander I asked you to reply to a statement you made in relation to using autotrading for the ES, but you choose not to reply. Can you tell me why? Here is my reply to you again, in case you can not remember. @Steve Alexander a few questions if you don't mind. What programming language is your automated program written in? Do you use a standard HFT or Hedge Fund strategy or strategies? What is your average contract trade size? What is your average commission per contract including exchange fees? What is the average win/loss ratio per day/week/month? What is your max drawdown per day/week/month? Are you profitable every day/week/month?