Quote from: Silberman on Today at 06:07:46 PM

Quote from: lablab03 on May 07, 2022, 11:13:45 AM

For daily trading the most important is TA (technical analysis) especially for quick profits, coz all you need to do is to see the structures on the lower time frame just to get more information or should say what's the trend on the graph to get the opportunity to make quick profits.
And for FA(fundamental analysis) this is most important unless if you're planning to make long term coz you need to accumulate more data about the project to see if they're qualified as a good investment coz mostly is for hypes only in the market so this one is necessary to apply when choosing a projects to investment.

You are correct, however I will also say that in the short time frames you do not really have the time to use fundamental analysis, some time periods are so short that by the time you read a news and then you try to react to it many other traders have already done so and you enter your trade too late, when that happens it makes more sense to just watch the price and keep monitoring it for any extraordinary movement, and only once you open your trade then you could take the time to look about the reason that move happened at all.

In speaking with fundamentals then this is something really needs some fast action or immediate response if you do tend not to make yourself get too late whether you should buy or sell since this market is highly reactive to news and events then it's understandable that you shouldn't really make yourself too late or else you would really be missing out on taking a profit or chance to buy cheap.

So it's a personal preference whether making use of FA and TA because this is something talks about your knowledge and skills towards trading on the market.