Most people like to compare between the fundamental and technical analysis, which is better? Which is more effective to get you profits from the market?
Some of you may know that I have been interviewing local traders who trade for a living. Through these interviews, I was able to draw some conclusions from various traders, which could help to address questions like this. For this post, I particularly want to tribute it to Yeo Kiong Hee, Patrick Lee (aka Fat88trader), Conrad Alvin Lim and Clarence Chee for their sharing.
Kiong Hee is a forex trader who currently teach at Adam Khoo Learning Technologies Group (AKLTG). Comparing fundamental and technical analysis, he simply said, “there are people who only use fundamental analysis and are very profitable, likewise there are people who use technical analysis and are profitable. There are people who use a mixture of both and are also very profitable. ......