First, I'll start off by saying that I believe discussing TA and shorter-term trading strategies is the only use I can get out of this forum. If FA is the only way to go, then that is not something I believe this forum could help with.
To illustrate why, you could read my other post about George Soros and how he looks at the global macroeconomy in detail and then manages to find over- or under-valuations that all the other major investors and financial institutions managed to miss. Or a lot of his currency bets I read about were where on currency was artificially pegged to another in some form and he made money by seeing through that artificial situation. Obviously, that's a vast oversimplification and I'm not even going to pretend to understand the intricacies of what he sees or does. So that is what it takes to place real trades based on fundamentals, with hold periods of perhaps 18-24 months.
Now for shorter-term trading. Where is the best place to start? I have a basic grasp of the different kinds of technical indicators. I've also heard that it's best to combine indicators. I know I can just Google this stuff like "what's the best technical indicators," but I would get 1000 answers that all conflict with each other. So which ones do you use? And how do you use them? And if you're going to tell me to just go with my instincts, that's not a good answer because that's just the same as guessing.
I would definitely be willing to back-test any answers that I get.
To illustrate why, you could read my other post about George Soros and how he looks at the global macroeconomy in detail and then manages to find over- or under-valuations that all the other major investors and financial institutions managed to miss. Or a lot of his currency bets I read about were where on currency was artificially pegged to another in some form and he made money by seeing through that artificial situation. Obviously, that's a vast oversimplification and I'm not even going to pretend to understand the intricacies of what he sees or does. So that is what it takes to place real trades based on fundamentals, with hold periods of perhaps 18-24 months.
Now for shorter-term trading. Where is the best place to start? I have a basic grasp of the different kinds of technical indicators. I've also heard that it's best to combine indicators. I know I can just Google this stuff like "what's the best technical indicators," but I would get 1000 answers that all conflict with each other. So which ones do you use? And how do you use them? And if you're going to tell me to just go with my instincts, that's not a good answer because that's just the same as guessing.
I would definitely be willing to back-test any answers that I get.
