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@952i Interested in why you like the JCS FA? Do you think...

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24/09/16

19:02

Post #: 19398887
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Originally posted by 952i ↑

As someone whose mostly TA and more or less useless at FA(for now) I can completely agree with this.

I think it's one of the most overlooked concepts for TA which is probalistic mindset.
Every setup no matter how good it looks has the ability to fail and when entering your mindset much be as such. With TA I think a person has to have the ability to admit a lot quicker that they are wrong rather than FA.
CRB, ZMI, JCS three stocks which had nice setups all failed.
Although I enetered JCS for its fundamentals so I'll continue to hold ST.

Just to add, I think TA is great for entries and grinding away 10-25% returns
But at the end of the day FA will generate 50%+ you gotta know what you're holding onto and the potential it has.
It's rare a stock moves 50%+ without showing some kind of ST weakness/climatic action in between(which most TA traders wouldve sold their holdings into) to grab a bagger requires FA imo which I'm weak at unfortunately - will be working on it though.

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@952i

Interested in why you like the JCS FA?

Do you think something is going to happen to make them profitable? Hear so much about how good the FA is, but I can't see it myself after looking at the last annual figures.
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