Hey Joe! Is there a difference between
Chart Analysis and Technical Analysis?

In the past, I've often carelessly, and without much thought, allowed myself to accept the general view that if you are not a fundamentals trader, you must be a technical trader.

If it hasn't already been done by others I want to create a category called "Chart Analyst." I am a chart analyst ("Chartist," if you prefer). I am not a market technician, I am not a fundamentals analyst, and I most certainly am not a technical analyst. I use technical indicators to about the same degree I use fundamental information for operating my trading business and making my trading decisions ¾ very little.

My reading of charts does not preclude my use of fundamental information, nor does it preclude my use of a technical indicator when I deem such use to be appropriate to the operation of my trading business.

Trading solely from fundamentals has too often gotten me in deep trouble. The same is true of trading exclusively from indicators.

by Joe Ross

www.tradingeducators.com

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