http://www.topdogtradingreview.com/what-out-of-technical-analysis-or-fundamental-analysis-is-more-importantefficient-when-day-trading-markets.php/ Review of the top dog trading courses and systems Fri, 06 Jan 2012 03:20:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.topdogtradingreview.com/what-out-of-technical-analysis-or-fundamental-analysis-is-more-importantefficient-when-day-trading-markets.php/#comment-261 guidfarr Wed, 14 Apr 2010 01:55:18 +0000 http://www.topdogtradingreview.com/what-out-of-technical-analysis-or-fundamental-analysis-is-more-importantefficient-when-day-trading-markets.php/#comment-261 if you are day trading technical analysis is far more important - however you cannot neglect fundamentals - say the company is in to announce a trading update this week; can you really disregard that?? Likewise you cannot disregard inflation or unemployment numbers as these can have a big effect on the financial markets. Having said that I believe a lot in technical analysis, not necessarily because I believe it works but because so many traders follow it that it becomes a bit self-actualizing... if you are day trading technical analysis is far more important – however you cannot neglect fundamentals – say the company is in to announce a trading update this week; can you really disregard that?? Likewise you cannot disregard inflation or unemployment numbers as these can have a big effect on the financial markets. Having said that I believe a lot in technical analysis, not necessarily because I believe it works but because so many traders follow it that it becomes a bit self-actualizing…

]]> http://www.topdogtradingreview.com/what-out-of-technical-analysis-or-fundamental-analysis-is-more-importantefficient-when-day-trading-markets.php/#comment-262 Redjr01 Wed, 14 Apr 2010 01:55:18 +0000 http://www.topdogtradingreview.com/what-out-of-technical-analysis-or-fundamental-analysis-is-more-importantefficient-when-day-trading-markets.php/#comment-262 Momentum is all that counts in day trading. Find the hot stock for the day. Look for stock that has been increasing in volume each day. Technically, make sure any moving average is on the upswing. My favorite was money flow. Is money still flowing into the stock? Fundamentals don't matter in day trading. If you trade right you are holding no stocks when the market opens and you are holding no stocks when the market closes. That's the definition of day trading. Momentum is all that counts in day trading. Find the hot stock for the day. Look for stock that has been increasing in volume each day. Technically, make sure any moving average is on the upswing. My favorite was money flow. Is money still flowing into the stock? Fundamentals don’t matter in day trading. If you trade right you are holding no stocks when the market opens and you are holding no stocks when the market closes. That’s the definition of day trading.

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