🔥 Types of Analysis
📉 In trading and investing there are 2 types of analysis a trader can make to have an edge and generate trading ideas.
📉 There is no such thing as technical analysis is better than fundamental or viceversa, personally i use fundamental analysis to understand what to buy or what to sell on a mid-long term perspective and technical analysis basically shows me when to enter the trade at a better price level.
‼️ Fundamental Analysis
• Using of the financial statements, news and events to generate trading ideas
• Mid-Long term approach
• Usually investors/traders use this for investing or position trading that could last for couple months
‼️ Technical Analysis
• Use chart, volume and price action
• Short-mid term approach
• Usually people use this for intra-day or intra-week moves
Which one you like more ?
📉 In trading and investing there are 2 types of analysis a trader can make to have an edge and generate trading ideas.
📉 There is no such thing as technical analysis is better than fundamental or viceversa, personally i use fundamental analysis to understand what to buy or what to sell on a mid-long term perspective and technical analysis basically shows me when to enter the trade at a better price level.
‼️ Fundamental Analysis
• Using of the financial statements, news and events to generate trading ideas
• Mid-Long term approach
• Usually investors/traders use this for investing or position trading that could last for couple months
‼️ Technical Analysis
• Use chart, volume and price action
• Short-mid term approach
• Usually people use this for intra-day or intra-week moves
Which one you like more ?