I started out my journey as a trader in the currency exchange market (forex). At the same time, I also started getting involved in stock market as an investor. With little knowledge on the stock market, I only applied buying the market low & just hold. Little that I know the Fundamental Analysis (FA) in stock market is very important too. I only applied my Technical Analysis (TA) knowledge.
Briefly I can share about FA:
1) We need to know the company profile. How long have they have existed. This is really important because the longer the company exists, the longer track record we can see.
2) The product & services they are offering. In which industry they are in. Market news can affect certain industries, while it will not on another.
3) Their financial statement. Their profits & revenue the last 3 years. Asset to debt ratio. Etc.
So on and so forth.
So when i combined both FA & TA, that is when the magic happens. The game of stock trading takes research and time. If the company is some what a big company, it doesn’t necessarily can help you make profits.
Trust me i know 🤣
April 2019 was when I actually started get into the global stock market trading. Swing trade to be specific. See the photo, that’s how my account has grown since then. For sure, it grows more than your savings in the bank account 😉
SLOWLY and SURELY. - 11 minutes ago