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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...

Exited MX for a 37% gain. May get back in if it breaks resistance. Stock seems like good value.

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...