Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:00,840 --> 00:00:02,993
You know, the technical versus
2
00:00:02,993 --> 00:00:05,147
fundamentals when you're making an
3
00:00:05,147 --> 00:00:07,300
investment decision or trading decision.
4
00:00:07,300 --> 00:00:09,884
How do you how do you
5
00:00:09,884 --> 00:00:12,468
piece the two together? How much
6
00:00:12,468 --> 00:00:15,052
time do you spend looking at
7
00:00:15,052 --> 00:00:17,635
charts today? OK, so every night
8
00:00:17,635 --> 00:00:20,219
at about 4:30 I got 272
9
00:00:20,219 --> 00:00:22,855
charts. They
10
00:00:22,855 --> 00:00:23,340
cover.
11
00:00:25,470 --> 00:00:28,197
Just about every group in the
12
00:00:28,197 --> 00:00:30,470
stock market, every commodity, every
13
00:00:30,470 --> 00:00:33,197
currency cross. I'm interested in every
14
00:00:33,197 --> 00:00:35,924
fixed income market around the world
15
00:00:35,924 --> 00:00:38,651
and they're basically daily, weekly, and
16
00:00:38,651 --> 00:00:41,378
monthly. Daily's supposed to predict 8
17
00:00:41,378 --> 00:00:44,105
to 20 days, weekly 8 to
18
00:00:44,105 --> 00:00:46,959
20. Weeks and monthly 8 to
19
00:00:46,959 --> 00:00:47,890
20 months.
20
00:00:50,680 --> 00:00:53,191
When I make an investment decision, it's
21
00:00:53,191 --> 00:00:56,161
usually. Sometimes, believe it or not,
22
00:00:56,161 --> 00:00:58,755
the idea comes from the charts. But I
23
00:00:58,755 --> 00:01:01,672
will never invest just on a chart. But if
24
00:01:01,672 --> 00:01:03,942
I really like a fundamental thesis and
25
00:01:03,942 --> 00:01:06,535
the chart stinks, I won't do it. There's,
26
00:01:06,535 --> 00:01:09,453
you know, my, my old boss used to say
27
00:01:09,453 --> 00:01:12,046
in terms of stocks, I apologize to women
28
00:01:12,046 --> 00:01:14,316
in the audience. There's 6000 girls out
29
00:01:14,316 --> 00:01:17,018
there. You know, if 20 or 30 of
30
00:01:17,018 --> 00:01:19,518
them look great, I don't need to bother
31
00:01:19,518 --> 00:01:22,018
with the rest. And you can always find,
32
00:01:22,018 --> 00:01:24,831
at least in terms of equities, 20 or 30
33
00:01:24,831 --> 00:01:26,707
great fundamental stories that the chart
34
00:01:26,707 --> 00:01:29,207
looks good. But I always assume that the
35
00:01:29,207 --> 00:01:31,395
market may know something and I've always
36
00:01:31,395 --> 00:01:33,895
had a great deal of respect for the
37
00:01:33,895 --> 00:01:36,601
market, so. I'd say 75 to
38
00:01:36,601 --> 00:01:39,490
80% of my ideas come from fundamental
39
00:01:39,490 --> 00:01:42,379
and then they're verified by the chart.
40
00:01:42,379 --> 00:01:45,268
But I've also found ideas from the
41
00:01:45,268 --> 00:01:47,744
charts and then discover the fundamentals
42
00:01:47,744 --> 00:01:50,633
the the charts we use because I
43
00:01:50,633 --> 00:01:53,522
took a shortcut to my career, as
44
00:01:53,522 --> 00:01:56,326
you can hear. The cards were a
45
00:01:56,326 --> 00:01:59,077
great tool for me early on because I
46
00:01:59,077 --> 00:02:01,829
didn't learn a lot of the fundamentals in
47
00:02:01,829 --> 00:02:04,580
time, but I did. I was introduced to
48
00:02:04,580 --> 00:02:06,988
all the top chart systems throughout 20
49
00:02:06,988 --> 00:02:09,739
years and we ended up buying a system
50
00:02:09,739 --> 00:02:11,802
and bringing internally and because it
51
00:02:11,803 --> 00:02:13,866
used some second derivative rate of
52
00:02:13,866 --> 00:02:16,856
change. These things will often bottom
53
00:02:16,856 --> 00:02:19,509
a year to a year and a
54
00:02:19,509 --> 00:02:21,784
half before the fundamentals, so they'll
55
00:02:21,784 --> 00:02:24,438
give you time to study the thesis
56
00:02:24,438 --> 00:02:26,712
O that's why sometimes the charts
57
00:02:26,712 --> 00:02:28,987
actually generate the initial idea and
58
00:02:28,987 --> 00:02:31,641
then go and try and find a
59
00:02:31,641 --> 00:02:32,020
story.
4012
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.