Market analysis is the application of a carefully orchestrated, proven trading method, and from there, well-rounded traders must add in execution to complete a winning formula.
Not everyone is suited for both creating a viable plan and then executing it. This is why most companies have different teams for different functions, such as a design department, which would come up with future products, and a business development team, often tasked with finding distribution partners. Different aspects of a business plan take different skills: a plan without execution-or vice versa-is no good without luck…and professionals do not rely on luck.
For complete article go to: http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2013/05/15/The_Formula_Analysis_Execution.html
Trading involves risk of loss and is not suitable for all investors.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.