3 Ways To Handle Losing Trades That Doom Us (From The Inside Out)

[kuroisoba]

garbage! reeeeaaaaaaaallllllllllllyyyyy­yyy garbage! stock price never equals company value. I trade by 100% technical. fuck the value,fuck the fundamentals.

I read a chart then trade.

[bkahlin23]

The problem isn't that value investing doesn't work- its that your value invest like a technical analyst. the stock was undervalued and if you would of held it until March 03 of this year (8 months from the article) you would of made over 27%. If you would of combined fundamentals with your beloved technical analysis and bought after the immediate drop after the article you would have made 55%. CNO was a huge winner and made anyone who played it a lot of money.

[StockTradingMaster]

@bkahlin23 Ok so in 8 months I would have made 27%. Instead, I sold it, bought an even better stock that made me money, sold that, bought another better stock, made money sold that, bought another stock, made money sold that, and ultimately am up over 160% in the last 8 months all because I let go of this stock and freed up my money in what led to a successful string of wins all generated from technical analysis. You see, that's why I'm the master and you are the student.

[SGDeGalvez]

first of all, reading yahoo to find your undervalued stock is a mistake.

[requiem777]

Nice vid. I'm a total noob investor but I'm really glad I never got suckered into fundamental/value investing. Before I invested money, when I was studying, I did a lot of analysis and backtesting of TA vs FA and TA kicks its ass. Of course its prolly best when they both line up, but it seems like bad technicals will beat good fundamentals every time. Of course buying any stock in a down trend in a bear market is a really bad idea, as a noob I'm shocked people fall for crap like that.

Thanks

[rpur441044]

Exactly,right on target...i was going to say wedge or triangle before you pulled back for larger view.Thank You.