I never had any issue with the FA(Fundamental Analysts) guys. I personally want the FA guys to dominate the Bangladesh Stock market. Why? Simply because that way,charts reading will get better for TAs. When the FA guys influence the market, market,by the help of FA,will move rationally and in a better way. If market moves rationally,it will be easier for a TA to analyse charts.
Actually,DSE is not dominated by the TAs or FAs. DSE is dominated by ‘illiteracy,ignorance,blindness,biases,greed and fear’ of the traders! Majority(may be around 70%) of the traders in DSE is still “Tip” based,rumor based traders. TAs are not at all the dominant trader in DSE yet. I think,TAs in DSE will never be the dominant one….TA actually doesn’t go with the culture and nature of the people of this country.
The TAs you see around you in online community are mostly the most experienced ones……However,the TAs you might encounter in most other groups or in real life are either novice or ‘rubbish’. Most of the so called TAs in Bangladesh are basically not TAs in the real sense. They have no indepth knowledge of TA. They just look at a chart,because they think TA is trendy and magical. They have no interest in learning TA indepth!
Seeing charts is not TA. There are far more to TA than just to check out a chart. For example,the basic and core of real TA is money management. You will not see talks about MM in any TA community,which will give you a clear idea the condition of TA in this country!
** A conversation between me and Shuvo bhai in a trading group.
mrtq13 