DigiNomad - the worst example for that used to be Motleyfool -
just read this article from back in 2006, I remember reading
this at the time - this author calls TA voodoo and that we are all
'fooling' ourselves ( lol see what I did there?) for trying
to see patterns and drawing trendlines - just a worthless BS
article
TA works, you have all seen it in action over many many years,
that author was an idiot
otherwise I think the best approach if to combine the two:
technicals and fundamentals - for longer term traders - for day
traders and short term trades technicals are fine - but if you are
trying to swing position yourself into a company that you thing has
fantastic fundamentals, then technicals are for your timing your
entry
Posted by DigiNomad on 3rd of May 2024 at 02:24 pm
Yep, I figured out Motley was the worst service very early on. I
cringe now when people send me articles from them suggesting
picks...but try to be nice and simply verify with other
services.
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The evil CANSLIM people that
KISS systems heads up
Posted by DigiNomad on 3rd of May 2024 at 12:32 pm
The evil CANSLIM people that think fundamentals are just as important as technicals and preach a blended approach? Heresy!
Motley
Posted by matt on 3rd of May 2024 at 12:38 pm
DigiNomad - the worst example for that used to be Motleyfool - just read this article from back in 2006, I remember reading this at the time - this author calls TA voodoo and that we are all 'fooling' ourselves ( lol see what I did there?) for trying to see patterns and drawing trendlines - just a worthless BS article
TA works, you have all seen it in action over many many years, that author was an idiot
otherwise I think the best approach if to combine the two: technicals and fundamentals - for longer term traders - for day traders and short term trades technicals are fine - but if you are trying to swing position yourself into a company that you thing has fantastic fundamentals, then technicals are for your timing your entry
https://www.fool.com/investing/value/2006/04/10/technical-analysis-voodoo.aspx
fool.com
Technical Analysis Voodoo | The Motley Fool
You'll find most sensible investors focusing on the fundamentals.
Yep, I figured out Motley
Posted by DigiNomad on 3rd of May 2024 at 02:24 pm
Yep, I figured out Motley was the worst service very early on. I cringe now when people send me articles from them suggesting picks...but try to be nice and simply verify with other services.