You Need to Learn Trading - I Insist!

Somebody asked me if it is better to fuse fundamental analysis with technical analysis. Indeed, this seems to be a popular practice for some.

In fundamental analysis, investing is said to be like piloting an aeroplane. You need to run through a checklist of matters pertaining to the engine or the aircraft, in order to take flight and to stay airbourne. Similarly, trading and technical analysis is said to be like piloting an aeroplane whilst checking the readings for the weather.

It follows that you cannot fly a plane without checking for the weather?

There are probably some good books pertaining to technical analysis (fused with fundamental analysis). If you know of such good books, please feel free to leave a comment, like or even a question below. Any discussions pertaining to the fusion of fundemental analysis and technical analysis is appreciated.

I highlight that in the first place, the analogy of the pilot in a cockpit piloting an aeroplane appears to be traceable if not accredited to the book of Charlie Munger, in Poor Charlie's Almanack.

The book talks about this analogy, and some investors or writers accordingly use this analogy to make the point that fundamental investing is best used with technical analysis. As convincingly as a pilot needs to check for the weather.

What if it is in actuality even better to fuse fundamental analysis with Charlie Munger's latticework of mental models? For those that need to catch up on such systems thinking and mental shortcuts for understanding complex systems, feel free to obtain the book from Kinokuniya or perhaps even Amazon Kindle.

Otherwise, you may already be familiar with the concept and may wish to discuss it in the space below.

What do you think - is it better to use fundamental analysis as a standalone, with technical analysis, or with a latticework or mental models? Feel free to leave a comment, question or like in the space below!