Hi,
I have been researching about Technical Analysis and Fundamental Analysis. I am relatively new to the world of stock market. Based on my understanding I feel that:
1) Technical Analysis is meant for Day Traders/Short Term Traders/Intermediate traders. It is not meant for Long Term Traders.
2) For Long term traders, Fundamental Analysis is a better option.
3) For Long term traders we should concentrate only on Large Caps and quality mid Caps
I need the opinion of experienced members....I am more of a Long term trader.
Regards
Omega
I have been researching about Technical Analysis and Fundamental Analysis. I am relatively new to the world of stock market. Based on my understanding I feel that:
1) Technical Analysis is meant for Day Traders/Short Term Traders/Intermediate traders. It is not meant for Long Term Traders.
2) For Long term traders, Fundamental Analysis is a better option.
3) For Long term traders we should concentrate only on Large Caps and quality mid Caps
I need the opinion of experienced members....I am more of a Long term trader.
Regards
Omega