yep depends on you. I think there is a big benefit to
having a list of stocks/companies that you like fundamentally, and
then using technical analysis (not to find the stocks), but to time
your entries and exits on the stocks that you already like. I
really think for most people this option makes a lot of sense and
is less work and less complicated
on the other hand, I know traders personally who don't give a
crap about fundamentals and run scans each day to find a list of
new stocks to day trade each day and they do very well - lots of
work though.
again that's why I said, to each his own, find your own
path.
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yep depends on you. I
Hmm
Posted by matt on 31st of Jul 2012 at 10:52 am
yep depends on you. I think there is a big benefit to having a list of stocks/companies that you like fundamentally, and then using technical analysis (not to find the stocks), but to time your entries and exits on the stocks that you already like. I really think for most people this option makes a lot of sense and is less work and less complicated
on the other hand, I know traders personally who don't give a crap about fundamentals and run scans each day to find a list of new stocks to day trade each day and they do very well - lots of work though.
again that's why I said, to each his own, find your own path.