Dissolving The Myths Of Capital Markets

As all experienced traders and investors know that it is literally impossible for anyone to really predict the market course minute to minute. It is not possible and if anyone claims that he or she is hallucinating or a good sales person!!

Fundamental : Please know that all the fundamental analysis, news, information and piles of books, newspapers, sites are useless if you do not specialize. The generic information is nothing but fluff and of not of much use to real traders and investors. IF that was true all great readers would be excellent investors.

Technical : Technical analysis is pretty good because it already factors the above and including the sentiments of the markets. However it takes a long time before one can actually device or perfect a system that really works or results in reliable indicators. Technical readings or any other reading into market is done with our biases and we conclude and judge by our knowledge. Knowledge must be equaled by experience. I know many technical analysts who know nothing about markets and their readings or million line stories are nothing but a maze of junk. You can forget it because you can not make a decision simply by these long stories.
The only way is to do it yourself slowly and gradually and apply it yourself as per your needs.

Feelings : Many people just work by their gut feeling and their absorbed knowledge, info and together we can call it the sentiment; that one has about a particular market or asset. If we rely only on this factor we are doomed. When entire or majority of the market relies on FEELINGS we are doomed for sure and the course is predictable.

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