Poll: Long, Short, or Even

I can't see how trying to second guess the market helps. I just trade the signals when they occur, and it doesn't matter much which way around they are...

Best

Natalie
 
Quote from deadreader:

Are you getting long, going shorting, or just getting even?

PS --- Last weekend when I asked whether the market topped on Friday (August 22), 60% responded that they were shorting while 40% responded that they were buying.
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All I know is that EVERY ET poll I've seen has been WRONG!

Please , more polls! great contra indicator!

lol:cool:
 
Quote from Cdntrader:



All I know is that EVERY ET poll I've seen has been WRONG!

Please , more polls! great contra indicator!

lol:cool:
More...

Kinda ties in with public perception doesn't it. Joe Bloggs only buys into shares generally when they have gone up a lot and and strong rises are being heavily reported in the press and not wanting to miss the boat.

"Hey, this is going to the moon. - Yeah but this time it's all different because... time to buy"

you hear, and when all the buyers run out, down it goes again just in time for Joe Bloggs to take a loss only to watch it go up again...

Why would ET be any different in getting caught up in the Euphoria of a rising market, or the depression of a falling one. Even worse, many traders try to second guess or outsmart the market. Dangerous thing to do...

Best

Natalie
 
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