Community Forex Questions
What is the difference between a technical and fundamental trading strategy?
A technical trading strategy is based on the analysis of chart patterns, technical indicators, and past market data to identify trends and make trading decisions. It is focused on identifying buying or selling opportunities through the interpretation of chart patterns and technical indicators. On the other hand, a fundamental trading strategy is based on analyzing economic, financial, and other qualitative and quantitative factors to forecast the future performance of a security. This type of strategy focuses on factors such as a company's earnings, revenue, management quality, and industry conditions to determine whether it is undervalued or overvalued and to make buy or sell decisions. In summary, while a technical trading strategy is focused on the past performance of the market, a fundamental trading strategy focuses on the future prospects of the underlying asset.

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