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Difference between Fundamental traders vs Technical Traders

Posted By On 9/30/2011 01:43:00 AM Under ,
Fundamental traders are those who have an aptitude for trading on the basis of news and other financial and political data.

Technical traders are those who do not get swayed by news but follow the technical analysis tools like Fibonacci retracements and other indicators to forecast market movements.

These days a middle class of both has also come in light who use a combination of news and technical analysis. Thus it is important to note that irrespective of the style, one should be able to use technical and fundamental tools to help you find higher probability trades.

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