Except for some small, isolated pockets in the academic community, the “purely” fundamental analyst is virtually extinct. Almost all experienced traders use some form of technical analysis to help them formulate their trading strategies. ![]() Now, of course, just the opposite is true. Who remembers when the fundamental analysis was considered the only real or proper way to make trading decisions? When I started trading in 1978, technical analysis was used by only a handful of traders, who were considered by the rest of the market community to be, at the very least, crazy.Īs difficult as it is to believe now, it wasn’t very long ago when Wall Street and most of the major funds and financial institutions thought that technical analysis was some form of mystical hocus-pocus. ![]() ![]() Chapte 1 The Road To Sucess: Fundamenntal, Technical, Or Mental Analysis? In The Beginning: Fundamental Analysis
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