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Old 07-08-2005, 02:23 PM
wildwood wildwood is offline
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Join Date: Apr 2005
Location: pin hunting on the back nine
Posts: 181
Default Fundamental vs. Technical Analysis

I see debates about fundamental vs. technical analysis quite often here and elsewhere. I think it's important to ask the right questions. I don't think it's correct to frame the debate as fundamental vs. TA. They both have strengths and weaknesses. There are enormously successful people who use primarily fundamental (Jim Rogers and Warren Buffett are two examples), and there are enormously successful traders who use primarily TA (John Murphy is one example). I like to use both. I first want to develop a long term fundamental view (long term for me is anywhere from 3 to 10 years), and then I want to trade that long term fundamental view using TA to find good entry points and control risk. Position sizing and money management is a different topic but certainly plays into this mix. Also think about a style that fits your personality. This is crucial. Read about the great traders and model the ones whose approach you like. All the best.
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