I would guess that you can find everything you need online. The trouble I have with fundamentals is GAAP. There is quite a bit of latitude for accountants to manipulate the numbers to come up with what management wants. ( I've had experience where I've seen it done) The problem is the fundamentals aren't always reflected in price.
Is Helene Keller your real name? Very interesting if it is. In any case, in a zero-sum game, not just newbies but many experienced people lose. It is simply the nature of the beast. A small minority that make up the winning group are paid by none else than the losers. I would surmise that most people will never become part of the winning group. A person whose posts I enjoy reading says above he is a losing trader. He hasn’t figured out why he is in the losing group. To figure out a problem, it must be identified. I recall from his prior posts that he’s been at it a few years, so being a newbie is not the reason for his losing. If he were a newbie, it sure would be simple to blame his losing on his newbie status. Another member posts that trading is not a physical game. That is true. It is a game played in the mind. Specifically, it is played in the subconscious mind primarily responsible for perception of which the senses that are brought to bear at any given moment make up just a small part. As an aside, wasn’t Helen Keller famous for being deaf and blind? Do you think she could have been taught to trade? Anyway, since trading is a game played in the mind, and a minority of winning traders take from the losing majority, the winners ergo must be thinking and thus behaving differently than the losers. Consider how losers think. The typical loser is focused on price. He uses various methods to analyze past prices and thinks trading is about predicting future price. The really hopeless cases focus on an aspect of price: their P&L. They make trading decisions, even whether to continue or stop trading, based on their P&L. Consider how winners think. Winners focus on the losers. Winners know that’s where their profits come from. To be a winner in a zero-sum game is to know how losers behave based on their thinking or emotional unthinking (fear) and trade against them. Describing how losers and winners think is easy. Changing from thinking as a loser to a winner is not. Losers are losers because they are unable to make the necessary changes in their thinking and therefore in their behavior.
A lot of investors can be fooled by dividends (past and future)... Thinking of the downturns like GM (2008) and GE (2009)...
I changed from investor to speculator because I didn't like the drawdowns. Once capital preservation became the chief priority life became so much simpler.
Breaking any natural law causes failure in anything you choose— emotions ruling over reason is the most obvious but there are others
Good Morning taowave, No, I have not read that book before. I have never read a trading book before and I never will. The reason I never read a trading book and I Never ever will is because I don't trust the author will show me anything to make alot of money trading. And there is too many books to read. And the Author could be a Trading Liar and a Trading Scammer. I rather write my own personal book on trading called, " how to make alot money month to month trading the ES futures." This book will help me more personally. And I would never sell it.
IMHO,you are making a massive mistake and in part that may be holding you back from being successful.. I was the head trader of equity derivatives at 2 major IB's and ran a proprietary trading operation on the floor of the AMEX . If I interviewed someone with your attitude,the interview would have lasted 2 nanoseconds. You dont change your approach, I guaranty you will never be successful...
Learning from the inside out, i.e. mentoring from institutional traders and trading with others in private trading rooms is one of the best things a trader can do maximize his potential. It does cost few thousand dollars, but it is life changing, not just understating on deeper level of how the order flow and market structure works so one then can use strategies around that, but most importantly the mental benefits are probably the most valuable, it’s like being in a military bootcamp, it changes you forever. There is nothing like being in a (decent) trading group with other professional traders, the trader’s development and growth becomes exponential.
I have a TG chat (closed) with 30-40 members. It came about when a pro from P72 wanted something outside of trading message boards. Most have been on the sell and buy side. I cannot imagine charging for a chat when you're there to share. IOW, no inst-trader has charged for a chat room. It simply doesn't happen.
Good Morning taowave, How are you doing today sir? Why would you not hire me because I say I do not want to read trading books? Thank you