Fundamental or Technical- novice traders should start with?
Member Since Feb 22, 2011
4862 posts
Jun 08, 2018 at 08:45
SwapTrader posted:You can write anything here but you can't make us to read that :)
You can lead a horse to water, but you can't make it drink!
Member Since Dec 25, 2017
24 posts
Jun 08, 2018 at 09:57
togr posted:SwapTrader posted:You can write anything here but you can't make us to read that :)
You can lead a horse to water, but you can't make it drink!
I bet you $5,000 I can make you read this!
Member Since Feb 22, 2011
4862 posts
Jun 08, 2018 at 12:23
SwapTrader posted:togr posted:SwapTrader posted:You can write anything here but you can't make us to read that :)
You can lead a horse to water, but you can't make it drink!
I bet you $5,000 I can make you read this!
You won
oopps :)
What is your account login so I can send it :)
Member Since May 30, 2018
20 posts
Jun 11, 2018 at 11:43
Adribaasmet posted:- Yeah that's right. Fa is for fundamental analysis and ta for technical analysis. I should have mentioned that. My bad! I hope I did not confuse you sarahlawrence posted:
Everyone has different ways of approaching trading. But I find both FA and TA to be very important for successful trading. Fundamental analysis will tell you about what is happening in the economy and markets whereas technical analysis helps in deciding the right entry and exit points in the trade. So, pay attention to both of them.
Did you mean, FA for fundamental analysis & TA for technical analysis? Or anything else?
Member Since Jul 20, 2020
341 posts
Sep 28, 2020 at 19:39
I think traders should start with fundamental analysis. It is quite easy to learn.
Sep 28, 2020 at 20:17
find a chart service that shows the Dollar price movement. This affects all the pairs which include the dollar and many other pairs have some reaction to dollar movement. This is the most fundamental information that will let you know which direction the Big Boys are going to move dollar pairs.
Member Since Jul 20, 2020
298 posts
Sep 29, 2020 at 02:03
I think the result will be much better if you trade with a combination of fundamental and technical analysis. However, more priority should be given to technical analysis. I have made a lot of profit from the market by using technical analysis.
Member Since Jul 19, 2020
318 posts
Oct 15, 2020 at 11:26
As a new trader, you need to know both analysis perfectly. Without proper knowledge, it will be quite tough to make money from this market.
Member Since Sep 10, 2019
10 posts
Nov 09, 2020 at 11:27
Start with fundamental. That is the foundation of forex trading. Do not stop with just the fundamentals about Forex. Learn about the markets as a whole and how they fit together
Member Since Oct 12, 2020
38 posts
Nov 11, 2020 at 08:22
They both are significant but it is better to start with fundamental analysis and then you can move on to the technical analysis. But if you find technical interesting, can begin with it.
Member Since Nov 11, 2020
3 posts
Nov 11, 2020 at 09:01
of course you first should learn technical
Member Since Aug 17, 2020
123 posts
Nov 30, 2020 at 09:12
Robert647373 posted:
It seems to me that both technical and fundamental analysis are important. The fact is that fundamental and technical analysis of the currency or stock market do not contradict each other in any way. Moreover, they work great together, as technical analysis allows you to visually verify what is really happening in the market.
Moreover, you can combine both types of forecasting to achieve your goals. Having identified the main trend using the fundamental method, look for confirmation on the chart and this allows you to open more accurate positions for a particular trading instrument.
I completely agree, fundamental and technical analyses complement each other nicely. Fundamentals are good for picking out assets that are trending and predicting the general direction, but technicals are essential for deciding when to enter and when to opt out.
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