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Wednesday, March 19, 2014 3:31:31 PM
Yes. Many folks trade "without knowing what they're looking at." Why? Because they don't trade based on a company's potential future or value (fundamentals). They trade strictly off of technical analysis.
They aren't term players, and most times don't do DD, so pending news isn't a primary concern of theirs. If anything, they trade after the news is released and/or momentum has already begun.
Lastly, the premiere "fundamental" of trading is: everyone trades differently, for different reasons.
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