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Sentiment analysis in trading is MAJORLY overlooked

Sentiment analysis in trading is MAJORLY overlooked

The first indicator is actually something called a sentiment indicator now most people when they're analyzing different assets they look in two forms of thought either they have the technical analysis where they're looking at Price action they're looking at technical indicators or they have fundamental analysis right which is where they're looking at what'sHappening in the broader scope what's happening in the economy what's happening specifically with this particular asset but what a lot of people fail to actually take a look at is sentiment analysis and if you're not familiar with what sentiment analysis actually is it's really really powerful sentiment analysis is kind of like aSnapshot of the market participants to get an idea of how are people feeling about the market but not only how are people just feeling about the market but actually how are they positioning themselves this is a very powerful tool as we know markets made up of human beings human beings are emotionalCreatures and here we can get a look into what people are actually feeling and how they're actually behaving

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