Want to learn about strategy

[K-Pia]

it kinda confuse me the difference between fundamentals and technicals , technicals feel a bit superficial , like an experience approach based on strange laws , i dunno if they are proved mathematically correct laws , fundamentals is a heavy logic and mathematic approach which would probably make it harder to learn but more rewarding. I find technical approach more fun though.

Both can be spurious.
Both can be valuable, at time.
There is no law in trading. No theorem.
It's more like a battle. When to attack ? To fold ?
One thing is to Max your Upside, Min your downside.
To trade what's here above all. Not what we think or should be.
Find patterns, plan for likely scenarios. Cut Losses, Leverage Gains...
Statistics / Probability & Programming IMHO are the only useful tools.
There is the underlying (Price) and your derivative (strategy).
Don't try to fit (Overfit?!) the underlying into your strategy.
My strategies have an A Priori which is to be Convex.
Then I study the underlying & see what I can do.
Experiments, Trials & Errors, Statistical Analysis.
Backtest, Run Simulations, Forwardtest.

 

[victorycountry]

it kinda confuse me the difference between fundamentals and technicals , technicals feel a bit superficial , like an experience approach based on strange laws , i dunno if they are proved mathematically correct laws , fundamentals is a heavy logic and mathematic approach which would probably make it harder to learn but more rewarding. I find technical approach more fun though.

When there is no news, focus more on technical.
When there is news like BreExit, focus more on fundamental.

 

[victorycountry]

Nice i will read dbphoenix posts too , a lot of information , i already started john murphy's book and this guy already said that following trends early is the whole point , just what i wanted to learn lol.

Jack Hersey' threads too

 

[Wach80]

Btw guys , i know my questions will probably sound retarded , i know that futures or stocks or whatever are meant to bought then sold higher , i understand what supply and demand is but my questions:

1. what created the market? all these futures and stock you buy and sell why do they exist? as for stocks i understand companies can sell some of their property to others but why someone would buy something like this? whats the point to own 1% of X company?

2. why when a politician says something the price change? i mean words are only words and generally i dont get it why the price change at all , well if a company doesnt do well then ig uess the price would fall from the initial one but why does it even matter when you only own 1%? do you have any power with this? and how does someone know the price you bought the 1% property? what if you lie to him to sell it higher? do you go in jail?

3. why the brexit affected the markets? same as above question , did this change the price of some securities? and why it did so?

4. what created currency trading? it sounds weird , how do you share the property of exchange value and why someone would buy something like this

 

[victorycountry]

Btw guys , i know my questions will probably sound retarded , i know that futures or stocks or whatever are meant to bought then sold higher , i understand what supply and demand is but my questions:

1. what created the market? all these futures and stock you buy and sell why do they exist? as for stocks i understand companies can sell some of their property to others but why someone would buy something like this? whats the point to own 1% of X company?

2. why when a politician says something the price change? i mean words are only words and generally i dont get it why the price change at all , well if a company doesnt do well then ig uess the price would fall from the initial one but why does it even matter when you only own 1%? do you have any power with this? and how does someone know the price you bought the 1% property? what if you lie to him to sell it higher? do you go in jail?

3. What is the brexit? how did it affect the markets? same as above question , did this change the price of some securities? and why it did so?

4. what created currency trading? it sounds weird , how do you share the property of currency and why someone would buy something like this

I remember Homo Simpson had this question and wanted to start learning from the scratch to be Thomas Edison.
Market is there when there are buyers and sellers.
There are Youtube channels on Politics and the impact of policy on currency.
Britain wants to be seperated from EU...there are many news articles on it
To import/export, each country has to have some kind of medium to do that. That creates currency market

 

[K-Pia]

Btw guys , i know my questions will probably sound retarded , i know that futures or stocks or whatever are meant to bought then sold higher , i understand what supply and demand is but my questions:

1. what created the market? all these futures and stock you buy and sell why do they exist? as for stocks i understand companies can sell some of their property to others but why someone would buy something like this? whats the point to own 1% of X company?

2. why when a politician says something the price change? i mean words are only words and generally i dont get it why the price change at all , well if a company doesnt do well then ig uess the price would fall from the initial one but why does it even matter when you only own 1%? do you have any power with this? and how does someone know the price you bought the 1% property? what if you lie to him to sell it higher? do you go in jail?

3. What is the brexit? how did it affect the markets? same as above question , did this change the price of some securities? and why it did so?

4. what created currency trading? it sounds weird , how do you share the property of exchange value and why someone would buy something like this

1. Stocks are mostly for raising capital. Derivatives are kind of insurances.
2. Politics use words to acknowledge actions (policies) which may impact S&D.
3. Brexit is UK leaving Europe. It has implications on supply / demand (S&D).
4. Most currencies are free since end of bretton woods then value became market driven.
You buy currency A if you want to spend money in the country A.
To do so you exchange (sell) your currency against currency A.

 

[victorycountry]

1. Stocks are mostly for raising capital. Derivatives are kind of insurances.
2. Politics use words to acknowledge actions (policies).
3. Brexit is UK leaving Europe. It has implications on supply / demand.
4. Currency are free since end of bretton woods era then value became market driven.

K-Pia what do you teach in Uni? you're very knowledgeable

 

[K-Pia]

K-Pia what do you teach in Uni? you're very knowledgeable

LOL. We would beat any intelectual if only we cooperated =P
And that's what we actually do here on ET. Not on the very critical subject however.
I mean ... If only we were truly debating what matters out there (For us traders) !

I hope your previous post is a joke by the way !

 

[eganon69]

Wach80 is trying very hard to come across as ignorant...something not right.

Agreed,...looks like a troll to me. Kind of like the "I just borrowed $24k from a loan shark and quit my $60k a year job to trade full time because I did it on sim."..thread. Sounds like BS to entertain themselves with responses.

 

[Wach80]

Agreed,...looks like a troll to me. Kind of like the "I just borrowed $24k from a loan shark and quit my $60k a year job to trade full time because I did it on sim."..thread. Sounds like BS to entertain themselves with responses.

Im not a troll and i l ike the answers i got so far , people are very helpfull here , im reading the book now and i will keep asking things i dont know (am i allowed to do that?) the book looks simple right now but will eventually get harder , it is very well written though.