I have been hearing a lot about sentiment analysis lately. What has this got to do with trading? If you do this, how do you apply it to your trading style?
What I've realised is that since most traders are wrong... it usually helps to determine the trend and use the sentiment as a confirmation. e majority are usually on the wrong side of the trend so it's a good indication when the trend is bullish and majority are bearish and vice versa.....
What I've realised is that since most traders are wrong... it usually helps to determine the trend and use the sentiment as a confirmation. e majority are usually on the wrong side of the trend so it's a good indication when the trend is bullish and majority are bearish and vice versa.....