Thanks, Lola, for the explanation. I've got one -important remark:
Some people are pure TA traders and others trade based on events or some people (crazy people like me) trade based on their gut feel and sometimes even using the love calculator. But gut feeling is, is in my opinion, a combination of some knowledge of events in the past and events which might occur in the near future plus a small amount of knowledge about TA.
I'm sure you realize that your 'crazy' approach of following your gut feeling is more or less the essence of TA: TA is supposed to reflect the markets actions/reactions to all elements that influence a company, i.e. the surroundings, interest rates, uncertainty, co. news, and most important: Market & investor sentiment. When you act on gut feeling, and I do so too, we are embedded in the macro influence on the settling of the price. IMO, the psychology -or mood as it may be- of the investors at a given point in time are of the outmost importance to try to understand price movements. But, alas, it's not even that simple (or complicated). With MVIS, it's quite clear that general knowledge of the scope of VRD is very important. Get someone to understand roughly what we might be looking at in terms of earnings potential in the future, and in he or she comes as an investor!
Kim
I hope you didn't get an understanding that I was being 'severe' with you! That was not my intention!
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