Indicators to measure fear and greedy ?

jacksmith · Mar 3, 2009

Are there any good tools / indicators to measure fear and greedy ?

Thanks.

Joe Doaks · Mar 3, 2009

For the latter, the frequency of your posts, I should think.

andrewbee · Mar 3, 2009

The mind-reading computer has not yet been invented.

R. Raskolnikov · Mar 3, 2009

There is no way around it, if you want to learn this game, strap yourself in for 2 years and watch everyday and learn to pick up on patterns and correlations. Keep a notebook and write down observations and then cross reference things as time passes to find consistencies.

It will take a BUTT LOAD of time and work and even then there is no guarentee you'll "get it"

good luck

Quote from jacksmith:

Are there any good tools / indicators to measure fear and greedy ?

Thanks.

MandelbrotSet · Mar 3, 2009

IOW, yes there are, but those who discuss it ususally don't know what they are.

Martinghoul · Mar 3, 2009

Quote from jacksmith:

Are there any good tools / indicators to measure fear and greedy ?

Thanks.

Yes, there are, but there's a whole lot of causality issues with them...

wavel · Mar 3, 2009

Quote from jacksmith:

Are there any good tools / indicators to measure fear and greedy ?

Thanks.

Yes, the tool is your mind.

The indicator is your mental response to stock market data.

Hook N. Sinker · Mar 4, 2009

Quote from jacksmith:

Are there any good tools / indicators to measure fear and greedy ?

I recall judging my mood on a scale of 1 to ten and plotting the values on a graph. I remember my mood curve resembled the Dow Jones Industrial Average curve.

college_trad3r · Mar 4, 2009

looks like nobody here that posted before me is smart enough to tell you about the VIX :eek:

but this is "elite-trader" so I'm not surprised

Spydertrader · Mar 4, 2009

Quote from jacksmith:

Are there any good tools / indicators to measure fear and greedy ?

Price and Volume.

- Spydertrader