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NoodlyJames

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    2
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Personal Information

  • First Name
    James
  • Last Name
    Canoy
  • Country
    United States

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    No
  1. Thanks for the info! I'm new to TA so this is great. If people would like a chart game there is chartgame.com which allows you to try to beat a "buy and hold" strategy.
  2. I'm new here (obviously), although I have a lot more experience as a value investor. I've (at best) dabbled in TA and that's what I'm here to learn. The thing with Buffett (yes, he's a genius and he he has great intuition) is that he has brass balls and he doesn't care what happens to the price. Somehow, he is able to turn off the part of his brain which most of us give into. That fear and emotion which occur when a stock price drops 50% prompting us to cut losses only to watch the price turn around in 10 minutes (or a year) I can find good companies cheap (yay internet). I can even stomach losing money over the short haul in order to gain long term. (This isn't intended to be about me but that's where my diatribe is going.) I think pure fundamental analysis is wasteful. I give away money when my "great company" loses 50% of its share price before turning around. :crap:How much more efficient would it be to find a great company and then use TA to find an appropriate entry point or exit point?This is where I hope TA will come in. I have no idea how mixing the 2 will work (hopefully better than beer and gin) but it'll be interesting to find out. As I said, I'm at "dumbass" level in TA right now but this looks like a great place to learn.
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