There are a number of reasons that many traders favor technical analysis over fundamental. For starters, fundamental traders tend to be commercial firms; that is, they are involved in the actual production or consumption of a commodity. Technical traders tend to be most everyone else – commodity funds and retail speculators.
I’m going to focus today on system trading, where you let the computer do the hard work for you. The unique advantage is that you can see past hypothetical results and potentially know what your level of expectations should be for the future. Today, I’m going to highlight Tony Ritenour with New Futures Trends and… Read more.