Who uses Fundamentals ?

This topic has 22 replies, 9 voices, and was last updated 4 years, 11 months ago by FXGuru.

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Nov 25, 2017 at 12:40 pm #1438
OctaFX_Farid
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I don’t think it’s really that easy to do fundamental analysis, as there is a lot to do with it. We need to have a lot of knowledge and more so, it is about the experience.

If we have that then only we will be able to do fundamental analysis. But there is little doubt that it is the BEST way of analyzing if you could do it accurately.
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Nov 26, 2017 at 7:57 am #1444
Peter Parker
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I mostly use technical analysis, as it’s a lot simpler and I have better understanding of it. I am learning to do analyzing with every way possible. I don’t think we should really go on with just one way instead we should look for multiple ways to trade and that include using all kind of analysis. So right now, I am using technical but I am work in progress for other stuff like Fundamental analysis.

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Dec 1, 2017 at 3:04 am #1528
varapau
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In my view, it holds seriously great value for traders. If you could do fundamental analysis accurately then you are almost on with becoming a major success.

However, it is extremely tough thing and there are not too many people who are able to do it well, at least not in a consistent way. That’s why it takes years and years of practice, hard work and effort to be able to master it!

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Dec 7, 2017 at 3:40 pm #1609
george
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I think most people who have experience will be able to use fundamental analysis, but if anyone is just starting up, then it will be almost next to impossible to work out on the fundamental part. So, we just need to make sure that we have a really solid strategy behind even with doing fundamental analysis, as that will work as the backbone for us.

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Dec 12, 2017 at 1:51 pm #1669
DDRB
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Everyone who wants to be successful will be using Fundamental analysis, as it is a very much safe bet. However, it is very much obvious that this is no kids’ playground and if we are not careful then it could be highly damaging to get it wrong. So, that’s why we need to be on the mark with these things.

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Dec 14, 2017 at 3:00 pm #1700
OctaFX_Farid
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DDRB, that is right but I don’t think you will be successful just because of doing Fundamental analysis. It is about balancing act that will take you towards successful phase.

So, we need to make sure that we work out everything in balance approach or else it will be extremely risky and will not be able to gain much through it.

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Dec 11, 2018 at 12:02 am #2075
profitmaniak
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- 17
I use every type I could. As I am well aware that success is achievable only with following up of market. And that with dedication and passion instead of getting impatient. I love AMZN forecast following, which is very steady route of making some profits IF you are uncertain about things.

But yes, you just need to ensure to have the right timing going, as wrong entry often leads to stuck stiuations, which is just not what anyone will wish.

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May 19, 2019 at 9:11 pm #2154
FXGuru
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Anyone with common sense uses it and not just fundamental analysis, but any type of analysis. It is just impossible for anyone to be successful if analysing is not done properly.

And it should be for all types not just one specific way, as that’s only way success will be possible. I do it a lot easier with FreshForex, using their Market Analysis, which is extremely helpful.

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