Trading Forums Herd Mentality

KillPhil08

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Herd mentality.

I don't really use other forums, but I've heard that they often have their own speciality markets or analysis.

Here on trade2win I find cable and FTSE the most popular markets with pinbars and head n shoulders the most commonly used piece of analysis.

ForexFactory I think is EURUSD and James16 price action?

Traderslab i think is e-minis and ?

Elitetrader oil and snp?

Any other forum members notice this or see a pattern emerge. Who are the people they look up to (forum legends).

Yes I'm bored.
 
A while ago I posted something about an application that would scour the Yahoo! finance message boards for activity on certain stocks, then watch the markets the next day... say, it would take a measurement of the number of times MSFT was discussed, and if a larger number of posts turned up it looked for correlations in MSFT Volume / volatility etc...

IIRC there were some (statistically significant) results... I think what it did was overlay the Mssgboard activity filter on an existing mechanical trading strategy and improved the results...

what I have noticed here is that not many people use Market Profile
 
Ah - yes read that post you made (ps cabble came off!).

Going to search for your thread again - it was a PDF file wasn't it.
 
Herd mentality.

I don't really use other forums, but I've heard that they often have their own speciality markets or analysis.

Here on trade2win I find cable and FTSE the most popular markets with pinbars and head n shoulders the most commonly used piece of analysis.

ForexFactory I think is EURUSD and James16 price action?

Traderslab i think is e-minis and ?

Elitetrader oil and snp?

Any other forum members notice this or see a pattern emerge. Who are the people they look up to (forum legends).

Yes I'm bored.

Yes, because nonsense begets nonsense, this is why.
 
Traders Lab has a heavy emphasis on Market Profile. With regard to herd mentality, it is the case that like goes to like but I don't think that we have any real leaders at T2W in terms of the herd then following them. There seems to be a wide variety of discussions covering almost all aspects of trading. What I have noticed more is that T2W is now the number one target for the latest promotion of any MT4 EA with loads of newbies all saying how great it is.


Paul
 
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