Forum Archive Index - October 2003

[fntradingsolutions <fntrade@bigpond.net.au>]

If one does not believe 100% in ones trading system then one is a fool to
trade. I make my decisions to trade based on MY research, MY system and I
must believe 100% in  that system or else I am wasting my time.
As for the religious analogy that in my opinion is very wrong. Religion is
not trading, and if ones religion is trading then one has lost the focus. To
me religion is for between myself and my God. It is my way of life> Trading
is a passion and my way of income. After all fanatically religious people
are called Fundamentalists!! arn't they?
----- Original Message -----
From: "Robin Benson" <rob@hammerheadmedia.co.uk>
To: <sharechat@sharechat.co.nz>
Sent: Sunday, October 12, 2003 7:30 PM
Subject: Re: [sharechat] TA/FA Debate!


Hi Gerry

Woody wrote:
> "I have put up many arguments as to why I 'Know' TA is better than FA,
> yet many times I receive abuse in return not constructive debate".

Gerry responded:
> I have been in the market for quite some time and happen to know some
> of the finest traders in OZ and other places.
> Often but not always, they go quickly over the financials of a
> company before making a move.
>
> There are some fine traders on Hotcopper where my base is and they
> regularly supply charts and readings.

This is the important point I think -- the TA/FA issue isn't black and
white in that one isn't intrinsically better than the other. Or to put
it another way, what's "better" for one person/business/organisation is
what works for them, which includes how they approach
investment/trading, how much time they have to research (if they do any
research at all), their level of interest, what else they're doing with
their life/lives, etc.

A belief that one system is somehow "better" than another is seriously
misguided and/or relying too much on differences in assumption. Some
people make the same mistake when it comes to religion: they cannot
comprehend why their particular set of beliefs, that seems to work very
well for them, shouldn't be the focus of some universal realisation by
the unbelievers.

Robin

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/





----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/