Quote from: Fivestar4everMVP on Today at 03:59:56 PM

This is something I found in a channel on telegram some days back, I saved up the image on my device because I found the information to be so true, I decided I will post it here which I am doing right now 😊, but I don't remember which channel I got this from.

Trading then vs trading now..

Trading back then used to be based on how good one is with technical and fundamental analysis, profiting from trading back then used to depend on how good one is with the analysis and also how good the trader is with use of market and price prediction tools.

But today, things seems to have changed, today, it seems being profitable in trading depending on how much information you have access to and how early you have them.
We've seen of late especially since the Trump declared support for Bitcoin way back before he was voted for and installed as the US president, the movement of price of Bitcoin have been largerly centered on his statements and actions, technical and fundamentals analysis doesn't mean much anymore, most traders just wait to know what the US president says or does next to determine their next line of action regarding their trading decision, and I can't help but ask if this is the new way to trade?

By the way, do you even believe in this change that has happened or do you still believe that fundamentals and technical analysis is still the way to go in trading?.

Yeah seems the dynamics is gradually changing but has not really changed much,Technical analysis and Fundamental still work but just that Fundamental event is on course than the technical side you should have to base your decision making with what is happening around the world, the geopolitical tensions and wars to make precise your decisions. Fundamentals are the key thing right now.