Things move on Fundamentals. Like most here, I too read all the T.A. books but I've also read alot of Fundamental stuff and done the Research and testing. The Market moves based on certain Fundamentals obviously being watched by the people who move the Market.
The market moves on how investors perceive the fundamentals. Has reading all the books helped increase your returns?
Once again the people who move the Market are watching certain Fundamentals. Now your getting personal, so I will too. I can almost guarantee I'll make more Money than you. I do the research and testing unlike you.
actually, i think that is a big, huge lie, fundamentals follow the market. price moves on manipulation from non-public knowledge, to think you have privy to timely information is not valid at all. show me fundamentals that precede price action, the price moves and then you hear why. if fundamentals had anything to do with the market we would not even have a market...
Even if certain Fundamentals follow the Market, that's because they are being anticipated by the people who move the Market.
at ned davis i studied and lived techno-fundamentals for a decade. eventually the technicals proved to be the only thing of value to make money. fundamentals just got in the way, but they also serve to soothe the clients nervousness.
Yup. We homans need a good story so we can rationalize that the reason we lost money is not our fault.