Indicators to measure fear and greedy ?

Discussion in 'Psychology' started by jacksmith, Mar 3, 2009.

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

  2. For the latter, the frequency of your posts, I should think.
  3. The mind-reading computer has not yet been invented.
  4. 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 :)

  5. IOW, yes there are, but those who discuss it ususally don't know what they are.
  6. Yes, there are, but there's a whole lot of causality issues with them...
  7. wavel


    Yes, the tool is your mind.

    The indicator is your mental response to stock market data.
  8. 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.
  9. 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 :D
  10. Price and Volume.

    - Spydertrader
    #10     Mar 4, 2009