Power Measure in trading psychology
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maribelle
Apprentice
Joined: 02 Jun 2006
Posts: 8
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 Posted: 05/28/08 - 10:40 Post subject: |
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| Hello there everyone. My name is Monica and I would appreciate if you could give me some information about one market data. I heard that Power Measure in trading psychology is very important. Can you tell me something more about that measure? Thank you in advance for your posts. I am looking forward to them. |
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germayne
Apprentice
Joined: 04 Apr 2007
Posts: 6
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| Posted: 06/26/08 - 23:21 Post subject: |
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| Hello Monica. Power Measure can indeed play a role in trading psychology because it shows us what the current trend on the market is. It is different from other measure because it doesn’t show what is going on at the moment, but what is probably going to happen in the future. It represents market trends, whether they are positive or negative. Investors tend to follow it closely, because it can also lead to the price predictions and what overall conditions on the market would be. Basically, that would be all. If you have any other questions regarding this issue, I’ll be glad to help you. Bye! |
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