Yes, beginning with this: Fundamentals (news, earnings, financials etc) are a HORRIBLE timing mechanism.
I trade the chart and relentlessly analyze and compare short-term Price highs/lows to Indicator highs/lows. From that you will see that markets tip their hand….Trade the chart…period.
Likewise, John Murphy said analysts and fundamentalists study causes of market movements (swings, trends). TECHNICIANS (swing traders) study the EFFECTS of all CAUSES ie. the stock chart (Price, MACD, Stochastic, Williams%).
Everything we need to time Buy or Sell is there in the chart.
That said, I’m a news hound; knowing a company strength or sector strength, or ETF holdings doesn’t hurt, but I DO NOT trade it.
I believe. Plenty of analysts are OJT trained within the company. They prefer “their way”. All depends what you pray for and how hard you work (how determined are you).
Correct. sorry 😏. If you’re a trader who prefers to sell “into the buying” (near the high) which I am, the tells I’ll share suggest Silver will be pulling-back soon. Just my read, but I’ve analyzed over 40,000 charts since 1999. Price-Indicator disagreement is my forté.
Concur, N/A. Just a heads up Silver’s chart is dropping signals of reversal (pull-back) which occur prior to any reversal — a post later today. Also, as you alluded-to with mention of Copper, Silver (a precious metal) is also a commercial metal, and often leads markets down in response to pressures of US economic recession, which we’re seeing in jobs data.
all i hear is that it is a crucial commodity plus holder of value and will be in competition with copper for next 5 years what do you think?
Yes, beginning with this: Fundamentals (news, earnings, financials etc) are a HORRIBLE timing mechanism.
I trade the chart and relentlessly analyze and compare short-term Price highs/lows to Indicator highs/lows. From that you will see that markets tip their hand….Trade the chart…period.
Likewise, John Murphy said analysts and fundamentalists study causes of market movements (swings, trends). TECHNICIANS (swing traders) study the EFFECTS of all CAUSES ie. the stock chart (Price, MACD, Stochastic, Williams%).
Everything we need to time Buy or Sell is there in the chart.
That said, I’m a news hound; knowing a company strength or sector strength, or ETF holdings doesn’t hurt, but I DO NOT trade it.
Thank you so much sir :)) i’ll frame my questions better and come back!
No worries!
Can I offer Tips on swing trading (yes) or the analyst (depends) goal ? Depends on What formal finance-related course-work yet completed?
On trading or the analyst goal?
trading!
Andrew
I believe. Plenty of analysts are OJT trained within the company. They prefer “their way”. All depends what you pray for and how hard you work (how determined are you).
okayyy, I am really into working every day and night! Let's see how it goes!
N/A are you an investor or you’ve just a general interest in finance, trading?
investor, a student of finance, and learning trading along the way!!
i am applying for analyst roles if you can believe hahaha but i am incapable i think
Correct. sorry 😏. If you’re a trader who prefers to sell “into the buying” (near the high) which I am, the tells I’ll share suggest Silver will be pulling-back soon. Just my read, but I’ve analyzed over 40,000 charts since 1999. Price-Indicator disagreement is my forté.
i found a gem substack
crazyy thankyou so much, i am reading that!
Concur, N/A. Just a heads up Silver’s chart is dropping signals of reversal (pull-back) which occur prior to any reversal — a post later today. Also, as you alluded-to with mention of Copper, Silver (a precious metal) is also a commercial metal, and often leads markets down in response to pressures of US economic recession, which we’re seeing in jobs data.
So…. it doesn’t mean something very good is happening 🙄
can you give me some tips from your journey about what is really important and what to focus on less