Thanks
@mirren
perhaps that was just a coincidence the post was modded after you....I don't know.....
Whatever it was, I actually think it might have been unintended advertising, or mistakenly posted advertising......the bloke embedded an audio clip, which may have been quite good to listen to (David Weis has said he used to listen to them on cassette back in the day, so I would given it a listen for sure).
However the clip showed some advertising of their website.
It was posted in an olive branch kind of gesture, after the controversy of the first post, but I think it inadvertently contained some advertising.
......he probably should have just posted a link to it.........hopefully he just puts it all down to experience....and tries again in the future.
I didn't realise that any F/A posters were here.......sometimes I am a bit naive as to who does what....I mostly just do my own thing, and follow a few members etc.
Just on that subject of F/A analysis.
When Tom spoke about the private trading syndicate (hedge fund) he worked for as a chartist.
Fundamentals were considered very important for the syndicate, ahead of charting.
He said they employed some fundamentalists who ran their rulers over many stocks, to search for the right stocks for the syndicate to target.
In particular they looked for stocks with good medium term prospects, or strong near term news flow.......this provided the syndicates 'bread and butter' trading (the champagne and caviar came from special interest stocks, which sometimes took an extended period to complete from start to finish).
Once stocks were identified, then the charting began, and finally the traders took over.
Note - the syndicate employed F/A experts, T/A experts, and Trading Experts....these were all considered separate individual tasks that required individual expertise.
This says to me that using both F/A and T/A combined is better than just one or the other, and I have found I am much more profitable when I use both....particularly on stocks. It also says that it is probably very difficult to be above average at F/A, T/A and Trading all together, as an individual person......perhaps this is where Hot Copper as a resource is best used......
Sadly I have not posted as much as normal lately, as I have some difficulties to deal with away from the charts for a while (don't worry I am not ill.....).
However, if someone asks a question I will always answer it, and if I can I will expand widely on the subject.
So I encourage asking questions, It helps me out and also saves me having to work out what subjects to post.
cheers
