Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them โfunny-mentalsโ. However, if you catch on early, before others believe, you might have valuable โsurprise-a-mentalsโ.
Ed SeykotaThe elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.
Ed SeykotaTrend following is an exercise in observing and responding to the ever-present moment of now
Ed Seykota