Is trading analysis or pure speculation?
Trading is a combination of analysis and speculation. Analysis provides a logical basis, while speculation arises from market uncertainty. The two go hand in hand, making trading the art of reading opportunities in ever-changing uncertainty. What do you think?
Okay, thank you, but the question is, how do we determine what is cheap and what is expensive?
Trading System on seven correctly configured indicators for a certain time frame. Manual work, Everything is visually clear - indicators periodically give signals both sound and visual - if the algorithm of work is observed, the result of opening and closing orders is always in plus. Indicators work in combination oscillator, trend and volume.
Simply put, trading is purely speculative. Technical and fundamental analysis are essential tools to help with your speculations of the current instrument you are thinking of trading.
Tip for traders: create an entry rule and an exit rule for your trades and really stick to it. You must make adjustment accordingly, this way you can keep improving your system.
