How effective is technical analysis in comparison to fundamental analysis for trading ?
There may be war in the Middle East, higher demand for a particular product in the USA, or a series of other conflicting fundamental picture and noises. But stocks go up or down on supply and demand and not on the basis of balance sheet alone. Otherwise, how can one explain a 100% difference between the highs and lows of stocks virtually every year, even in years where there is no change in the fundamental picture?Technical analysis in our view is more effective as it captures the sentiment of the people who are dominating the market, namely the buyers or the sellers. MarkeTopper has and is developing its own set of indicators and mathematical algorithms, and is also using a different interpretation and implementation of the available concepts and algorithms, which are proprietary in nature, and which aim at effectively capturing the dominance of buyer or sellers. Time tested risk analysis and proprietary money management techniques have been used to get the best results. Fundamental a
