Trading the Trend Podcast – EP003 – Fundamental and Technical Analysis
In this weeks episode I spend some time discussing fundamental and technical analysis and the distinction between the two. I also explain more importantly, why Trend Followers and Trend Traders do not usually use them.
The Trading the Trend podcast was created by active trader Chris Chillingworth to share insight, ideas, tips and experience on how to improve as a trend following trader. Self described as a british bearded trend follower who likes metal music, bacon and formula one racing.
Trend Following is a strategy that does not make predictions on the stockmarket, but instead looks at reacting to what the price of a market is actually doing. There is no attempt to be right, on the contrary, Trend Followers expect to be wrong most of the time. They focus on killing losses quickly and letting winners run to ensure profitability.
Trend following does not utilise fundamental data to form opinions on what the markets are about to do. It is all about finding a system that works and focusing your energies on executing it accurately.
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