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How would you rather trade the Forex and Stocks? Fundamental or Technical Analysis
Posted by topsytoppy • 1/10/08 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: business, forex, forex market, forex trade, investments, Trading
These days, it gets very hard to predict the market and you wanna ask yourself, is it worth it to analyse to lose your money? Wouldn't it be better if i just trade the news and forget about technical analysis?
User Comments
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As for me, I quit trading technical triggers, I am all down with fundamental analysis. I will rather trade the news.
Hit my site for news signals.
www.resourcesfultrading.blogspot.com -
I would rather trade forex it has more liquidity. As for fundamental or technical analysis, Let me answer that by saying I trade the present. I do not worry about the past. I do not speculate the future. I do like to know when the news is going to be announced but I don't care what the news is or try to speculate what the news will do to the market.
I have a set of indicators that when i get my signals I follow the trend. Using a Stop loss I can prevent large losses and live to trade another day. I trade indicators not news and not history. The present is the only place real money can be made.
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