FA is important, TA is very important. Once you know TA and take overnight positions, FA is super important.
Learn TA [an excellent source: https://www.amazon.in/gp/product/B09SQ1C17L/ref=kinw_myk_ro_title], If you want to:
- Be in money making positions in all kinds of markets.
- Avoid widening losses in your positions.
- Understand the deeper meaning of quotes such as: Buy low sell high. Do not buy a falling knife. Water the flowers, Cut the Weeds.
- Buy when price goes up i.e Average up.
- Be emotionless like Mr. Market.
- Take positions when other market participants are interested in the stock. Hence, avoid the opportunity cost.
Learn Fundamentals, If you want to:
- Stay away from junk stocks.
- Take big bets as a positional trader.
- Develop conviction in a stock.
Subscribe To Our Free Newsletter |