I feel like fundamental analysis is completely useless

[tsznecki]

Why does it have to be either or? FA or TA?

Why not both?

 

[taowave]

Not arguing and am not in the fundamentals camp,nor the technical camp..But I have put in the time and have a fairly good grasp on the reality of both approaches...

There is a reason most hedge funds return the S and P give or take 500 basis points..There is also a reason you rarely see successful hedge funds trading soley on technicals..

The guys I know who trade momo and knock the cover off the ball are levered with very good money management. That's their edge,though they use a fundamental filter,but only after looking at price charts..Great fundamentals,bad price action,they take a pass...

Im not arguing with Tradex,but his assertions are highly questionable,misleading at best...

@taowave, no need to argue, to each his own.

I am actually glad few traders believe in fundamentals.

 

[ironchef]

they use a fundamental filter, but only after looking at price charts..Great fundamentals, bad price action, they take a pass...

Yes .

 

[Nobert]

Fundamental analysis - allows to embrace this attitude :

 

[Trader Curt]

You truly believe our brain can process all these parameters at the same time?

Give me a freaking break

Not with that attitude...

 

[Tradex]

Not with that attitude...

You wrote (post #22) : "You got that Felisha? Good, now let's shut our fat mouths... " and now you are talking about attitude??

How dare you?

 

[Trader Curt]

You wrote (post #22) : "You got that Felisha? Good, now let's shut our fat mouths... " and now you are talking about attitude??

How dare you?

Fine, here is a book I know that will help you with fundamental trading.

You might think I'm trying to be funny but I'm not. You need a positive attitude when trading and you don't have one. Your attitude literally reminds me of horse manure. It stinks. You know all the basics on how to get there but your attitude is "I can't do it"

So I highly encourage you to read this book and then retry with a better attitude. You will be amazed at what you can accomplish with a good strong mind.

 

[deaddog]

I like to trade stocks with strong fundamentals. Makes it much easier to get out of a position when someone else thinks it is a bargain.

 

[Tradex]

You need a positive attitude when trading and you don't have one. You know the basics on how to get there but your mind tells you "You can't do it."

Seriously, are you drunk or high??

 

[Tradex]

stocks with strong fundamentals.

Sounds good DeadDog, but what are the exact metrics of a stock with "strong" fundamentals?

And where are the studies that show that these "magical" fundamental metrics outperform the market in the long run, versus a simple buy and hold approach, on a risk-adjusted basis?