concur. proper numerical digits can be actionable in the extreme. Congress moves to end its crisis over insider trading TheHill.com
There are over 40 000 Securities traded in the World (not counting OTC). There will be opportunity and market corrections to fundamentals each day. You can inflate stock prices/postpone the correction with herd behaviour BUT we have rules and regulations when it comes to Accounting. You can only bend those so far and they will mean revert. If you inflate your Quarter/Halfyear/Year by X, you will have to pay for it in the near future(1 year most of the time). That's why you see stocks shooting up or going down significantly when earnings are released. If you are a fan of HFTraders/Quantsm they trade those too
HFT/Quants trade price movement. By their very nature crunching the numbers so fast funnymentals mean just about nothing to them. Other than "watching"/preparing/anticipating news time releases. Same for daytrading. The funnys only help longer term supplementing TA.
What is interesting - If right TA analysis would be correct most of the time, the market could not work: Each and everyone would trade the same way... At least the big players & fonds. That's why sentiment, news & all kinds of fundamentals are important.
Tribute to the late Kenny Rogers. Trading such a difficult skill to acquire. TA is just another tool. Using it effectively is another skill altogether.
I don't trade nor truly understand options, but i do know they are a great way to lose money. Particularly selling options, where the risk is unlimited. This is how people go out of business. Anyways i hope for your own sake, that you actually know what you are doing(not think). Selling options + Betting on fundamentals in a bubble... I could imagine things going wrong.
Methinks that the absolute shortest timeframe for fundamentals is one month; many institutional funds balance once per month on fundies. This overlaps with shorter time horizon styles, like swing, week, or momentum trading.
Well I day trade and to be clear that is what I am talking about. So, if you're talking about anything other than day trading I will not challenge you. If you're talking about day trading everything I said stands 100% factually correct, as you cannot consistently use fundamentals to day trade and use it as your primary source of income. Even in your own words you're saying sometimes in can take 1 year. One year may be a close future to someone who doesn't day trade and is already financially set. One year is a lifetime to a daytrader who is using it as his primary income source.