[kimchi]

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And I think you all know that TA is beloved by and promoted by brokerage firms because it promotes heavy turnover and reaps lots of commissions from their customers.

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And the mutual fund companies beat the 'buy and hold' drum because they don't want a high turnover of stock.

As the the FA and TA debate. They are both +EV strategies when used correctly and the majority of people fail to beat the indexes using both broad strategies.

The bottom line is this: There are 1000001 different approaches to trading and investing. Each approach can be +EV when used properly with emotions and check and proper risk management.

It is important to choose an approach that suits your style. Some people will find Day Trading too stressful whereas others will find long-term value investing mind-numbingly dull.

I find FA way too subjective, whereas TA suits my more scientific and creative (OK-a little subjective) way of looking at things. It stimulates my mind and I enjoy looking at a chart and indicators and choosing where to buy, how much to buy why/where to sell etc etc.

I would rather have my eyelids ripped off than pour over a stale accounts sheet. This method, whilst probably being +EV, would not be profitiable for me as I wouldn't be able to trade/invest this way.

It's different strokes, and you have to choose a method that is compatible with your personality.