Quote from: tvplus006 on June 23, 2025, 11:04:30 PM

Quote from: Fivestar4everMVP on June 22, 2025, 03:59:56 PM

...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...

I do not agree with this statement, since the news generated by Trump is a catalyst for further price movement in the market, but we know its direction in advance thanks to technical analysis.
I adhere to the concept that "News follows the chart, not the other way around".

News can be reliable, but only good for short term. The rest are still based on fundamental and technical analysis. So if you trade and just only wait for a single tweet or message from the president or any big time celebrity, you will only make limited profits but if you trade following your fundamental and technical analysis, you know you are doing it for long term profitability.

The best approach for trading now is, be updated with the news and events, along with your fundamental and technical findings, that way you will surely maximize your trading outcome and attain unlimited profits.