QUOTE(lowya @ Jun 17 2017, 09:21 AM)
so from earning growth you derived intrinsic value by projecting it into future and pick the best discount you could find from the market, am i right?
if that is the way, then you have to constantly adjust your intrinsic value whenever new earning released, and your model will be right and wrong from Q to Q.
So, i guess it end up would be same if one simply filter for positive earning growth in step one.
But for me i screen for technical as first step broadly, second step to verify whether fundamental fits my min requirements, because to me priority is risk control (or market timing) > selecting good company. At the point of fund availability, I look at what satisfy both my risk control and fundamental assessment and enter accordingly with tight sl. My method will not let me find the greatest stock in bursa, but most likely it will let price move in my favor most of the time to allow tp.
So you look at technical analysis first, and then only u look at fundamental am I right? How do you screen for technical to prioritize risk control? Can you briefly tell me? I want to learn too. if that is the way, then you have to constantly adjust your intrinsic value whenever new earning released, and your model will be right and wrong from Q to Q.
So, i guess it end up would be same if one simply filter for positive earning growth in step one.
But for me i screen for technical as first step broadly, second step to verify whether fundamental fits my min requirements, because to me priority is risk control (or market timing) > selecting good company. At the point of fund availability, I look at what satisfy both my risk control and fundamental assessment and enter accordingly with tight sl. My method will not let me find the greatest stock in bursa, but most likely it will let price move in my favor most of the time to allow tp.
I want to make it clear.
Trader: Look at price movement and do technical analysis only, ignore fundamental completely.
Value investor : Find best company (best fundamental), then try to find intrinsic value (to look for entry price)
You: Try to find best price (with technical analysis), then enter if fundamental is strong, do not enter if fundamental is not strong.
Am I right?
This post has been edited by Nemozai: Jun 18 2017, 12:41 AM
Jun 18 2017, 12:35 AM

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