Some of you guys like to focus on the fundamentals of an equity.
I used to focus on what I believed to be the fundamentals and have been proven wrong in the end. Proven wrong many times over.
Instead focus on the aspect of a trade. You dont have to believe in the equity, you dont have to marry it. All you want is for the price to go from point A to Point B and then exit.
The business model doesnt matter, the P/Es do not matter. Just focus on the trade. Everything else is a distraction.
I used to focus on what I believed to be the fundamentals and have been proven wrong in the end. Proven wrong many times over.
Instead focus on the aspect of a trade. You dont have to believe in the equity, you dont have to marry it. All you want is for the price to go from point A to Point B and then exit.
The business model doesnt matter, the P/Es do not matter. Just focus on the trade. Everything else is a distraction.

