RE: Introduce yourself here!
(2013-11-20, 08:15 PM)BoyPlunger Wrote: Hi Everyone,
For the past few years I've been of the value investor school of thought and believed TA was a bunch of garbage.
I more and more came to see TA as helpful for timing entries and exits even on fundamental based trades. I spent a lot of time reading Michael Burry's old posts on SiliconInvestor and saw that TA helped him in this regard. I also read "The Emotionally Intelligent Investor" in which Chapter 8 does a fantastic job of tying TA chart patterns to investor psychology (in other words showing its not all superstition or self-fulfilling prophecies).
I'm now looking to test a few hypothesis on trading; my first tests will likely be Stan's method on its own. And then from there I may try to incorporate fundamentals and use TA for better entries/exits etc. I'll record my results as I go.
Trading/Investing for me is my fun on the side whereas I still make my main income from investing in small companies and opportunities. One of my major plays right now is buying homes across a few states in America from Fannie/Freddie, I then have crews in each state who renovate before I flip the property.
Speculating is fun to me because its the only place where you cannot manipulate your environment - You have to straight up beat the game to win and I like something about that notion.
BoyPlunger
Welcome to the site BoyPlunger. There's a lot of information on here and the old thread on t2w from my own research and the various discussions with other traders on virtually all aspects of the book/method. Some areas have been covered more than others, but it's still a work in progress for me, and so there's still plenty more for me to do.
I hope you enjoy the site, and if you have any questions it's best to post them in the beginners thread so that everyone can see the questions and answers. But do let me know if you need any help.
Cheers
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.