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Evidently, both fundamental and technical analysis are important for trading. But when talking to experienced, successful traders, there is often no agreement on which is more important. Nor is there a consensus on how much emphasis a new trader should put on each.
Some traders will say they trade entirely technically, and only look at fundamental analysis for background. Others will largely ignore technicals and focus primarily on fundamentals.
Who’s right? Well, a lot of that, of course, has to do with style. Since beginner traders are not often sure what style they should pursue, or what will suit them best, it can be confusing. However, there are general observations that can help both budding and long term traders understand why some focus more on fundamentals and others on technicals.
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