Rating: Full Star Full Star Full Star Full Star Full Star
US Elections
Previous 1 .. 3 4 5 6 7 Next
mlawson71

Member Since Dec 11, 2015  579 posts mlawson71 Jan 09 at 11:36
I agree. His twitter comments can certain cause spikes, but I doubt they can change an overall trend.

AnneB

Member Since Dec 23, 2016  7 posts AnneB Jan 11 at 08:17
xgavinc posted:
This is old news, and actually a non-event. Market 'recovered' quickly, a 1% move on equities is a daily occurrence (nothing has to even happen for 1% moves), so attributing it as a 'Trump' event, in my opinion and perspective, more of the same propaganda. I'm not saying his comment had zero impact on GM shares, I'm saying the hype surrounding it is ridiculous.

As @mlawson71 stated, facts will always supersede sentiment, if the facts don't line up with sentiment the market goes back to where it was.

Implementation of policy will cause the trends, not twitter comments.


I see, at least thru the help of this thread it gives me new knowledge and a good way how to analyze things. Thank you so much!

xgavinc

Member Since May 11, 2011  198 posts xgavinc Jan 11 at 14:45
AnneB posted:
xgavinc posted:
This is old news, and actually a non-event. Market 'recovered' quickly, a 1% move on equities is a daily occurrence (nothing has to even happen for 1% moves), so attributing it as a 'Trump' event, in my opinion and perspective, more of the same propaganda. I'm not saying his comment had zero impact on GM shares, I'm saying the hype surrounding it is ridiculous.

As @mlawson71 stated, facts will always supersede sentiment, if the facts don't line up with sentiment the market goes back to where it was.

Implementation of policy will cause the trends, not twitter comments.


I see, at least thru the help of this thread it gives me new knowledge and a good way how to analyze things. Thank you so much!


Always a pleasure lol

For every loss there should be at least an equal and opposite profit.
RichardBills

Member Since Mar 25, 2015  65 posts Richard Bills (RichardBills) 5 Hours ago
mlawson71 posted:
I agree. His twitter comments can certain cause spikes, but I doubt they can change an overall trend.


Yes, you are right. I remember though there were cases in the past when algos set to react to social media posts caused quite big spikes in the market prices. Good thread, I enjoy reading the posts.
@xgavinc Thanks for your previous clarifications! smiley

Please login to comment.
Westpac Consumer Confidence (2h 9min)
Media companies may be saved by the like...(4 min ago)
EURUSD 1.07064 GBPUSD 1.24053
USDJPY 112.683 USDCAD 1.30455
FxPro

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.