Comments on: TECHNICAL ANALYSIS: A LOSER’S GAME?

By: James

James — Tue, 20 Oct 2009 05:47:51 +0000

Reddweb, absolutely tech analysis doesn’t care if unemployment is low or high. It goes with a trend and volume, and in some cases is superior. But eventually fundamental analysis does take over TA. The question is just when…

By: reddweb

reddweb — Tue, 20 Oct 2009 05:05:15 +0000

i dont know. I recently realized that the fundamental analysis is crap. How else can you explain the 60% rally in last few months. I wouldn’t have missed the rally if not for all the blogs, gurus, fundamental analysis. I would have caught atleast 50% of the entire rally if I followed tech.analysis. Higher Low —> then enter with tight stop. Its not a sure bet, but five tries with tight stop and hitting a trend with one of those tries and sticking with the trend would have helped me ride almost entire rally. I know its hind-sight, but i think it is possible with tech.analysis, though it needs strong stomach.

By: James

James — Tue, 20 Oct 2009 04:46:20 +0000

Technical analysis is good to help time entry and exit points…but if you are JUST using TA then you are doomed. I believe if you are using just fundamental analysis you are going to be going through some pain as well, but it isn’t bad as just using TA…