Fundamental Analysis vs Technical Analysis
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Here at the Income Mentor Box Day Trading Academy, our main goal is to help you become a successful day trader. The biggest part of our program is to provide you with various trading lessons and tutorials on a wide variety of topics. For the low cost of $299, you can join our academy and gain full access to all course materials, which includes of 51 video tutorials that cover all of the ins and outs of day trading. When it comes down to it, there is really no better place to learn this stuff, especially when it comes to topics such as fundamental analysis vs technical analysis.
One of the more recent trading tutorials led by Andrew himself, the leader of the Income Mentor Box Day Trading Academy, covers analysis. To be specific, this tutorial is all about fundamental analysis vs technical analysis. Now, the free video is already pretty comprehensive on this subject, but if you join our academy, you will get access to the full lesson. Let’s do a quick rundown of this technical analysis vs fundamental analysis topic so you know what awaits you.
Fundamental Analysis
When it comes down to it, as you will learn from Andrew, fundamental analysis is a method of evaluating assets by measuring the intrinsic value of them. When you engage in fundamental analysis, you look at factors such as earnings, liabilities, expenses, and assets. Moreover, you also look for the overall economy, the state of the industry, and the current financial condition of the stock, asset, or currency in question.
Technical Analysis
There is a big difference when it comes to fundamental analysis vs technical analysis. The main point here is that technical analysis functions by looking at graphs and price charts of a certain asset type or class to figure out certain patterns. The point of technical analysis is to try and recognize in which direction a price will go, and how far it will go, based on past patterns. Simple moving averages, support and resistance, trend lines and momentum-based indicators are all examples of technical analysis.
Mistakes People Make
There are some really big mistakes in regards to technical and fundamental analysis which even trading schools will teach. Here at the Income Mentor Box Day Trading Academy, we know these mistakes.
For instance, one of the biggest mistakes newbies make is to think that fundamental analysis is far more important than technical analysis. However, this is simply not true, as both of these analysis methods can be really useful.
For a full rundown of the mistakes which people make in regards to fundamental analysis and technical analysis, please view the video embedded here. Even better, for a fully comprehensive lesson on the subject, join our Income Mentor Box Day Trading Academy today.
Fundamental Analysis vs Technical Analysis – Conclusion
If you want to learn everything there is to know in regards to this issue of technical analysis vs fundamental analysis, please join the Income Mentor Box Day Trading Academy. It’s hands down the best way for you to become a knowledgeable and profitable day trader.