Thread: Fundamentals :: Do you follow them?
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Old 03-29-2007, 03:24 PM   #4 (permalink)
Dan
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Default Re: Fundamentals :: Do you follow them?
Quote:
Originally Posted by TickerTapeTrader View Post
I used to be a big "fundamental analytical" trader. Looking at fundamentals till it affected my trading adversely. Yes, true in the long run fundamentals drive the markets but in the short to medium term you might discover its technically driven. At the moment, I'm totally ignoring fundamentals.

For example, at the moment, fundamentals point to a weak dollar. Had I followed this I certainly would have lost several trades. Therefore, you'll have to excuse me for not posting much here. I could give you a detailed analysis on fundamentals but trust me it will cause you serrious damage. rofl

What do you think?
TickerTapeTrader, we're on the same wavelength here. I don't like to look at fundamentals and see how I could interpret them. I look at the chart, and I say: if the price does this, I buy; if the price does that, I sell. Something around those lines anyway

I hope you decide to visit this forum and post your opinions occasionally.

Regards,
Dan
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