Why You Don't Need Fundamentals in Trading

The world of trading is full of people wanting to know “why”. Why is the price of oil rising? Why is gold flat right now? What will happen to the German DAX market in 2017 and why?

People want to know why because they crave story and it makes them feel safer. It calms and soothes in a world of chaos. It allows people to make some sense of it all. To put a story behind an event makes people feel better.

Fundamental analysis is simply story telling. It's noise that adds little value and makes you feel better and more in control in an uncontrollable and chaotic environment. Your brain is wired to crave fundamentals.
Forex Education
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