Here’s the basic two types of trading analysis:
First there is the approach of using fundamentals, i.e. fuzzymentals. This is where you try to predict ETF future prices by a laundry list of factors like supply, demand, Gov’t policies, rising interest rates, underlying economic conditions, and even the weather. You might be able to make this work if you have time and intelligence, and you might be able to make this trading strategy work if you are a full time, expert economist who knows what he’s doing. Even still it will never realize the types of profits that technical analysis traders make.
What we do know about trading stocks using technical analysis takes advantage of the fact ETFs predictably move in trends 30% of the time. Learning how to identify those trends and the resulting price movement of the underlying stock price is how you will consistent profits.
In the end we really don’t care endless fundamental reasons are for a stocks price movement. Of course what we do care about is that the price is moving and we are in turn profiting from it. If you can learn to identify trends you’ve learned a critical and without question the most important key to consistently making monthly profits.
The ETF Trend Trading System will teach you how to do this. Be informed and get an inside look at See how this technical analysis trading system works here: ETF Trend Trading review.
Tags: consistent profits, expert economist, laundry list, rising interest rates