Thread by @suru27

Time for a small thread 🧵on 10 common secrets of good fundamental analyst and technical analyst (personal view, no ranking)-

1. Makes it a Habit 📡

Fundamental Analyst: To read annual reports and conference call transcripts daily

Technical Analyst: To study few charts daily

2. Knows what to Ignore🙈

Fundamental Analyst: Creates his own process/system to ignore most of stuff and knows which companies to focus

Technical Analyst: Creates his own process/system to ignore most of stuff and knows which charts to focus

3. Knows when to ignore⏰

Fundamental Analyst: Knows when not to invest and can sit on cash looking an idiot

Technical Analyst: Knows when not to trade to save from continuous small stop losses or big loss

4. Networks for productivity not tips✡️

Fundamental Analyst: Network for good fundamental ideas however performs his own research

Technical Analyst: Networks for interesting charts but performs his own analysis

5. Goal and Purpose Driven 🎯

Fundamental Analyst: Before making an investment, makes a note of investment rationale, expectation and exit criteria

Technical Analyst: Before making a trade, makes a note of trade logic and exit scenarios for target and stop loss

6. Self Assessment (confusion metric - TP,FP,TN,FN)🔦

Both: Review past ideas periodically to analyze what worked and what did not

7. Discipline🎖️

Both: Stick to his own process/system without distraction and acts according to to overall thesis for investment/trade include rationale for buy, sell and time frame

8. Small Mistakes, Big Successes🛑🚀🚀🚀

Fundamental Analyst: Knows how to cut big investment losses (avoid fraud, overvaluation etc. ), ride big gains

Technical Analyst: Knows how to cut big trade losses (avoid hope trades, follow strict stop losses etc. ), ride big gains

9. Stays Humble🙂

Fundamental Analyst: Avoids I know it all attitude and seeks to learn continuously irrespective of past performance

Technical Analyst: Respects markets and charts than own mental biases. Does not bring ego in trades

10. Master of few, Jack of few more😎🤠

Fundamental Analyst: Invests based on core competency but always strives to create new competencies by learning new sectors, companies etc.

Technical Analyst: Trades based on well tested system but strives to learn new systems/patterns

End of thread. As per me, these are not destinations but journeys. We may be at different level in each of these journeys but idea should be to keep improving every passing day, week, month, year, decade..