Courses 1Lesson 1

Fundamental or Technical

Another important decision which ideally should be made prior to the start of your trading is whether

your approach will focus primarily on trading signals from technical indicators or from trading ideas

based upon fundamentals.

I distinguish here between ideas and signals because they are two distinctly different types of

approaches generated by two distinctly different understandings of the futures markets.

Later on I will provide a very thorough discussion of the two approaches, outlining their strengths,

assets, liabilities, differences and methods of implementation.  For now, suffice it to say that a

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decision will need to be made, preferably sooner than later, about the approach you wish to employ in

your trading.

Some individuals may seek to implement a hybrid approach, incorporating what they feel are the best

aspects of each technique.  I also will discuss the merits of this approach, or the lack thereof.