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I don't think fundamental analysis is dead, it just depends on how you approach it. If you're buying a stock because you've built an elaborate DCF model forecasting free cash flow for the next decade, then yes, I don't think you're going to do well. I think good fundamental analysis is like...

I've been trading for 5 years. The first three years I doubled my money following a value investor approach, and then i suffered a large loss on a very concentrated bet. Over the past two years I started to become profitable, implementing options to express my mostly fundamental views on...

My edge has largely been fundamental, but want to develop skills in technicals, sentiment, etc. Where I have been most profitable has been in situations where market sentiment is at an extreme, and where I have a differing opinion and can express that opinion fairly cheaply. Probably my...

I don't necessarily want to work for a hedge fund. If I can find a discretionary prop trading firm that accepts me, I would be happy to work there and just be paid on performance.

Rich mom and dad. lol.

I've applied as a junior trader/assistant to firms like FNY, Apex, but I've received no responses. Connected with a firm in FL recently, so maybe there's hope here.

understood. To be fair, I've since brought my position sizing down a lot since college. I do hedge out delta risk for very large positions, especially when I have a view on vol

I interned at a small hedge fund in college, and my background is in fundamental analysis. I would be happy at a prop trading firm as well, although most of those seem to be heavily quant.

how is that a red flag?

great. largest drawdown this year was around 5% of my entire trading base. I bought put options on MU early in the year, sold when I was wrong. Made a killing on the way down from 50 to 40.

Yes, perhaps that's what I need. It's just so hard to bring myself to think about things other than the market.

BS in Finance

So, I had a post from a couple years ago that basically asked the same thing. After college I worked at a minimum wage job to rebuild my trading losses from college. I improved tremendously since my blow up and managed to quadruple my account in a few months. I then found work at another firm...

I've initiated a small long position in TNK, a global shipping company (ships crude and refined products). Reading through a ship broker's report, it appears that TNK's entire portfolio of ships may be worth somewhere in the range of $6 to $7 bucks per share. The stock trades at $2.35. After...

Up 40 percent just few days after posting. Took profits, but may get back in if it breaks $9 resistance

I'm long MX: 1. The stock sells below the value of its fabs (look at SMIC's acquisition of LFoundry; TowerJazz's purchase of Maxim for precedent valuations). 2. Activists have stated MX is selling below thr value of its fabs 3. The market hates it because it underwent a financial restatement...

To me it seems like the current uncertain environment surrounding the iPhone 7 sales makes the upcoming earnings announcement pretty volatile one way or the other. 1. Channel checks conducted by analysts have been contradictory; 2. Sprint announced iPhone 7 pre-orders are basically through...

Hi, I was hoping a more experienced trader could help me understand the thought process that went into a successful trade. I come from a value investing background doing fundamental research on equities, and my holding period is usually much longer than the holding periods of most members on...

This is an interesting insight, thank you. So over time you've developed the ability to recognize certain patterns? And mathematically you assign different outcomes with probabilities, or is it more advanced than that?