Technical Analysis vs. Fundemental Trading
The two basic types of stock trading analysis:
First you can trade via. fundamentals, or what has been termed ‘fuzzymentals’. This is where you try to predict ETF future prices by either supply, demand, Gov’t policy, interest rates, underlying economic conditions, and even the weather. You might be able to make this work if you have time and intelligence And you might be able to make this trading strategy work if you are a full time, expert economist who knows what he’s doing. But in the end it will never realize the types of profits that technical analysis can.
The reality is that technical analysis takes advantage of the fact ETFs move in trends 30% of the time. Identifying those trends and the resulting movement of the underlying stock price is how you make consistent profits.
In the end we really don’t care about the myriad of reasons are for a stocks price movement. However, what we do care about is that it is moving and more importantly that we are in turn profiting from its movement. Once learn to identify trends you’re able to easily slip in and out of positions predictably and profitably. period..
The ETF Trend Trading System will demonstrate and teach you how to do this. Be informed and get an inside look at See how this technical analysis trading system works here: ETF Trend Trading review.
Tags: consistent profits, expert economist, time expert, trend trading, types of stock