new traders forum needs experienced assistance, page-8

I agree with vayama
here is why
stocks are valued on the basis of earnings going forward
at the root of this is a forecast
all good forecast are based on a knowledge of the business
eg finanials eg reading a cashflow statement
the actual business eg capital raised, production, contracts won, nearology etc
where we are in cycle where we are headed

only once you know this does the buying and selling make any sense at all

technical analysis is an advanced skill and it should come at the end of the learning process