Donation based FA TA seminar/workshop

[alexchia01]

FA so subjective no need to learn much la. Look at financial statements is just looking at the past. Same like TA. Past financial data doesn't guarantee the future. Learn how to spot areas of demand and supply. That's all you need.

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Supply and demand is also subjective.

Ask 2 traders to draw the supply and demand zones, they will also draw different zones.

 

[alexchia01]

Why why?
Got expert above. Play supply n demand nia.. Basically price movement which I am not proficient n will not teach

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Supply and demand is not price action, they are more of towards mass pyschology.

I know because I learned from the masters.

 

[Milo-Dino]

Supply and demand is not price action, they are more of towards mass pyschology.

I know because I learned from the masters.

u ish jsk toooooooooooooooo

 

[wahkao3]

Why why?
Got expert above. Play supply n demand nia.. Basically price movement which I am not proficient n will not teach

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happie for mah
take this so seriously till u do dry run

 

[wahkao3]

Supply and demand is not price action, they are more of towards mass pyschology.

I know because I learned from the masters.

so now that we know its mass psychology, how to use supply and demand to make money?

 

[rtkgamer]

so now that we know its mass psychology, how to use supply and demand to make money?

so mass psychology now is buy or sell?

 

[rtkgamer]

Or is SGX going to conduct a course on mass psychology?

 

[PATrader]

Supply and demand is also subjective.

Ask 2 traders to draw the supply and demand zones, they will also draw different zones.

you serious? At least not as subjective as FA. FA so many ratios, so many ways to calculate, so many ways to guesstimate. What you see on the chart cannot run away. How 2 traders draw them would not differ much.

 

[PATrader]

Supply and demand is not price action, they are more of towards mass pyschology.

I know because I learned from the masters.

If supply and demand is not related to price action, then what is? you sure you learn correctly from the masters?

 

[Milo-Dino]

you serious? At least not as subjective as FA. FA so many ratios, so many ways to calculate, so many ways to guesstimate. What you see on the chart cannot run away. How 2 traders draw them would not differ much.

Fa very subjective meh? Maybe cosz you ain't accounts trained?

Just have to know ifrs mah.


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[stocklah]

Fa very subjective meh? Maybe cosz you ain't accounts trained?

Just have to know ifrs mah.


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What is IFRS?

 

[wahkao3]

you serious? At least not as subjective as FA. FA so many ratios, so many ways to calculate, so many ways to guesstimate. What you see on the chart cannot run away. How 2 traders draw them would not differ much.

instead of criticizing 1 over the other, why not combine both?!
combine both is the best!
TA+FA
both say buy, then buy
if 1 never say buy, dont buy.

 

[PATrader]

Fa very subjective meh? Maybe cosz you ain't accounts trained?

Just have to know ifrs mah.

Calculate ratios is standard formula, but how you use them for your entry is another thing altogether. That's why its subjective. Do you use ALL the ratios that are available? or just a few. Do you calculate fair value of a company based on what you see in financial reports? Do you think its that easy to calculate a REAL fair value for the company?

 

[PATrader]

instead of criticizing 1 over the other, why not combine both?!
combine both is the best!
TA+FA
both say buy, then buy
if 1 never say buy, dont buy.

Whatever makes you happy lo

 

[wahkao3]

Fa very subjective meh? Maybe cosz you ain't accounts trained?

Just have to know ifrs mah.


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i think tinkering the idea of a universal way to look at the financial statements. doesnt matter REITs,cyclicals or defensives. use the same method also can
any thoughts?

 

[wahkao3]

Calculate ratios is standard formula, but how you use them for your entry is another thing altogether. That's why its subjective. Do you use ALL the ratios that are available? or just a few. Do you calculate fair value of a company based on what you see in financial reports? Do you think its that easy to calculate a REAL fair value for the company?

dont use the subjective numbers lah! use the more objective ones

for example, intrinsic value requires us to pluck a growth value out of thin air. This is extremely subjective. So lets not use this.

On the other hand, valuation metrics do not need to assume any values. so lets use that!

 

[PATrader]

On the other hand, valuation metrics do not need to assume any values. so lets use that!

Like I said already, those are standard formula, however, to use them also subjective. eg PE ratio. What value is good for you? ROA, ROE, etc so how many of them positive then you would enter? What if half of your metrics say don't buy, half of them say buy?

If you only use valuation metrics and not fair values, is it sufficient? is it holistic ? is it really the big picture of the financial health of the company?

 

[Dividends Moderator]

Hi DW and Milo-Dino,

Once you had sorted out on your respective programs/classes, kindly drop me an e-mail. I'll to have an eye-opener on the knowledge and skills being possessed.

Looking forward and thanks in advance.

Warmest Regards,
D.M

 

[wahkao3]

What if half of your metrics say don't buy, half of them say buy?
If you only use valuation metrics and not fair values, is it sufficient? is it holistic ? is it really the big picture of the financial health of the company?

yep, i look at it holistically. dont just look at 1. I look at all 3.

I use all 3 financial statements, P&L, Balance sheet, cash flow. I use the interlocking nature of these 3 statements and make sure they tally properly for a healthy company.

 

[linxiaobei]

yep, i look at it holistically. dont just look at 1. I look at all 3.

I use all 3 financial statements, P&L, Balance sheet, cash flow. I use the interlocking nature of these 3 statements and make sure they tally properly for a healthy company.

What do you look out for with the 3 financial statements? Why would u think of a particular company is more worth it to invest in compared to another company within the same sector/industry?

Always say must use FATA, also must share how u use the tools. Sharing is caring!

Edit: I'm a total newbie to these stuffs, so i wish to learn more. Thanks!