XJO 0.28% 8,114.7 s&p/asx 200

wink fails at daytrading, page-81

  1. 3,360 Posts.
    Hergerr - 'It just does not make sense to me, how people can buy companies without really knowing what they're buying, and still end up on top'


    Apart from making some dubious comments, what you write above shows exactly why it doesn't make sense to you. Traders don't 'buy' companies, they trade 'prices'.

    It is because you approach the market with a different mindset that it doesn't make sense to you.


    'The value of a company will never be determined by lines stock graph, and it will always be determined by facts'

    Nor will the lines on a stock graph be determined by the value of a company, but instead by sentiment towards the current 'price' of a share in the company......

    Never a good idea to knock that which you are not familiar with. Both technical and fundamental analysis offer paths to sucess in this business, so to deride one due to personal bias is nothing but a mistake in my opinion.
 
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