Daytrading vs. fundamental analysis

[inandlong]

Quote from dbphoenix:

But unless one is clutching the stock certificates on his deathbed, he's a trader, regardless of what he calls himself. Do some traders incorporate fundamentals into their activities? Of course. That's what CANSLIM is all about, even though one may use it for nothing more than narrowing down the universe of potential trading vehicles. Other traders use TA only, but use so many indicators that price is an irrelevancy. And most traders have never set foot on the Floor.

Even though I no longer incorporate fundamentals into my trading since I no longer trade stocks, I find a greater difference between me and somebody who scalps off tick charts than I do between me and the trader who has eyeballed those fundamentals.

Nice post. I completely agree with the above.

 

[mrmarket]

How long can this lovefest continue??? I say the over/under is until 12 noon EST today, and I have the under. Who wants to make me a winner?

 

[dbphoenix]

Quote from mrmarket:

How long can this lovefest continue???

Don't push it. Becoming house-broken takes time.

 

[gms]

I'm was thinking how lots of your comments seem more suited to Yahoo/Motley Fool/Raging Bull type sites and that led me to this question: What happened with you and Motley Fool that you don't frequent them anymore?

 

[mrmarket]

Quote from gms:

I'm was thinking how lots of your comments seem more suited to Yahoo/Motley Fool/Raging Bull type sites and that led me to this question: What happened with you and Motley Fool that you don't frequent them anymore?

They started charging for their message board service, which I thought was a joke.

 

[dbphoenix]

Quote from mrmarket:

They started charging for their message board service

Aha!

 

[inandlong]

Quote from mrmarket:

How long can this lovefest continue??? I say the over/under is until 12 noon EST today, and I have the under. Who wants to make me a winner?

You haven't even come close to the duration of hazing aphexcoil underwent when he came aboard. Hopefully you won't feel challenged to pursue his record.

 

[JT47319]

Quote from dbphoenix:


But unless one is clutching the stock certificates on his deathbed, he's a trader, regardless of what he calls himself.

I believe the time frame in discussion was daytrading.

 

[dbphoenix]

Quote from JT47319:

I believe the time frame in discussion was daytrading.

It seems to have departed from that over these many posts. Since you didn't specify, I assumed you were talking about trading per se.

"Trading", of course, encompasses much more than just daytrading.

 

[inandlong]

Quote from JT47319:

I believe the time frame in discussion was daytrading.

It seems to me that the inclusion of fundamental analysis in the thread title implies a longer time frame than daytrading. I would venture that less than .1% of daytraders use FA. As such, there really wouldn't be much discussion posited by the daytrading FA crowd.