SMART Market

Inspiring for Smart Investing

How will you trade?

How will you trade? Fundamental traders base their trades on information external to the market. In other words, thing like; weather, strength of the dollar, cattle-on-feed reports, slaughter count, political events, etc. Technical traders base their trades on information internal to the market. Things like; chart patterns including trendlines, channels, waves, double tops and bottoms, etc. Also considered are stochastics, moving averages and the like. I’m not sure who makes the most money (that has been debated forever), but I think it is difficult to be 100% one or the other now days. There are others who do quite well using Astrology, Numerology, and just plain “gut feel”. In any case… Choose your weapon, the battle is about to begin.

source: irfutures.com

March 21, 2009 - Posted by | Trading

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