WHAT IS A CHARTIST AND TECHNICAL TRADER?
My methods are from a chartist and technical technician approach. I do not deal with fundamentals. I am not saying that fundamentals may not be useful, but my methods do not require any fundamental information. My approach to trading the markets is from a chartist/technical set up only versus a fundamental perspective. If you know fundamentals, my methods will complement your fundament analysis in your trading.
Clients who want to additionally add fundamental analysis to my chartist's technical methods may improve their performance, but I doubt it. My signals catch the profit from every major move, and even many of the smaller moves, I know stock investors who rely only on fundamentals and are very successful. They do not use charts. That is an astounding feat, to say the least, and would require massive research and study.
I am not interested in the least in making the normal returns of Wall Street’s main offerings, which usually range from a loss to 10% average annual return. A 5 year average above 10% is rarely seen by mutual funds of Wall Street advisors. Promoters like to advertise that the DOW averages around 10% per year, but the official number is REALLY LESS THAN 7% per year at best averaged over many years. Even that number is erroneous, as during that time many companies were kicked off of the Dow due to poor performance and replaced with new companies. Who knows what the true number would be if all the original companies were still included?
MRDVD believes that fundamental analysis alone, at best, may generate profits or losses comparable to that of the major indexes of the Dow, S&P, NASDAQ, etc. My chartist's methods are not at odds with fundamental analysis, but my methods allow one to trade more profitably without knowing any fundamentals about the company the stock represents.
MRDVD believes that the chart illustrates the effects of whatever fundamentals are out there that are influencing peoples buying or selling decisions. That includes the insiders, the employees, the companies, governments, etc. I readily admit that I have never been able to correlate price fluctuations with fundamentals. There are hundreds of fundaments in the equations, and it is too complex for me. I commend anyone who is able to do so. Obviously, Wall Street firms try to do so, and their results are self evident. I choose to strive for better results!
My clients have found that they learn more in every tutoring session than they have with expensive video courses, seminars, CD sets, etc. You are the judge. I have yet to have a dissatisfied client. During every tutoring session, I am right there to answer every question immediately that comes into your mind. I am there to correct wrong conclusions or actions before they become habit forming. You have my 100% one on one attention.