Dec 13 2007
Does More Analysis Help or Hurt?
It's really a simple question, of whether trading analysis really helps or hurts. Actually it's not "trading analysis," rather the seemingly overabundance of trading analysis out there. We're all aware of DailyFX, the research and analysis arm of FXCM.
Everyone, especially the brokers are jumping on the bandwagon, and many of you have probably noticed that FX Solutions has done the same. Just go to their homepage and you'll see the following. It's pretty, and simple - the Chart of the Day - it couldn't be simpler.
My question is (as I am in this boat too), but when is it too much? How many emails (or in my case for the most part, RSS feeds) is too much? I'm what you would call a scanner - and maybe all of it is just a giant distraction taking away from my focus. And that's why I'm not a better trader - or so I'd like to tell myself.





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