Forum Archive Index - September 2003

["Cristine Kerr" <criskerr@optusnet.com.au>]

Hi Macdunk,

 

Are you proposing to compare success of FA and TA?

 

Even though I trade FA (because at present I am comfortable in this arena), I am open to TA. I try to keep an open mind. I don't ever want to stop learning.

 

I am enjoying the exchanges of TA traders but must confess my numerical reasoning is not sufficient when what I read here is presented in terminology I am unfamiliar with.

 

I do not believe one trading style is above the other, indeed, all information is relevant in all decision-making because to make the best decision we must have access to the best information from as many sources as possible. We then weigh up that information based on our own knowledge and experience and formulate an opinion on the usefulness or otherwise of that information.

 

In an earlier mail I proposed a philosophical debate on FA/TA only. It was not my intent to raise one above the other and I apologise if it was interpreted that way.

 

I am happy to reveal my gains if it's of interest but since I've only been trading for two months, it would not be sufficient to present as a track record and hence, would not add value to any research.

 

Accuracy would also be impacted by other variables such as level of experience in FA and/or TA, or where traders apply both styles, etc.

 

Hope everyone has a great trading day.

 

Regards,

Cris

----- Original Message -----

From: Duncan MacGregor

To: sharechat

Sent: Thursday, September 25, 2003 7:58 AM

Subject: [sharechat] on par by macdunk

With all the talk of fa and Ta and the resulting I am right you are wrong argument how can we judge If we are on track. 
I have a very simple solution.    It Is like playing golf find, out what par Is for the coarse, and judge what you do against that.
The par for the nz market Is easy to work out for the year.      Take the Increase or decrease In the market and add on the average dividend,and that Is par for the year on that coarse.   Every dollar you make above par, someone must lose one below.
The more successful you are the more someone has to lose.     I am content with my strategies for the moment and riding on 20pc over the last three years which leaves me plenty of room to Improve with my own recipe of ta and fa.
                       cheers  macdunk. 

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