See How Other Traders are Investing with the Trader Sentiment Mapper

With the new feature that ETX Capital has incorporated on their website, you can now see how other traders are investing in certain products. By tracking the trader sentiment and letting you access it in a variety of different formats, you should be able to glean important information about the potential price movements of certain products.

The first thing that you’ll see is the interactive chart containing the current sentiment of traders across various products in different markets. At a glance you’ll be able to see whether the current sentiment is bearish or bullish, and exactly where it stands at any given point in time.

To frame that sentiment in context you can then refer to the historical graph, which will show you exactly how both investor sentiment as well as the price of the product has changed over a period of time. By evaluating the effect that sentiment has had on the price in the past, you will be able to extrapolate how it may do so in the future.

Finally you can refer to the news stream that is included to find out about any noteworthy events, commentary, and discussions related to the product that you’ve selected. That should help you to get a picture of the current market conditions, and could help you to make more informed decisions about how and when you want to make trades at ETX Capital.

Although markets may not always move in the direction of investor sentiment (seeing as investors can sometimes be wrong), the trend itself is certainly worth considering. At very least it is a safe bet that investor sentiment can influence price movements in the short term, while also acting as a valuable indicator of potential price movements in the long term too.