Australia's largest stock trading and investment forum Australia's #1 stock forum

Thank you so much! I really appreciate your answer for me to...

First 5 Last

Share
Profile

Follow
Junpop

38 Posts.

03/02/17

12:39

Post #: 22349051
Share

Originally posted by Director12 ↑

"So, when Shorts as % of volume is 18.99%, does it mean 81.01% is long and most of people (81.01%) bought share?"

I would say yes, but will accept a different answer from someone wit more experience.

"Is it correct to think this share would go up as more people bought rather than sold?"

Yes...and no. It would be an 'assumption' that based on the majority sentiment that a stock will go in a particular direction. But often they (stocks) have a mind of their own. So get your trading plan sorted out and your protection in place (stop losses etc) in case it goes against sentiment. So I understand that following the crowd seems logical and sensible but even the crowd gets it wrong. In the end the share price movement itself should be your final decider. (IMO)

Expand

Thank you so much! I really appreciate your answer for me to understand deeper.
Upvote

Reply

Top Stories

RCE

Recce's R327 found effective against E.coli during clinical trial

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

There are more pages in this discussion • 1 more message in this thread...

First 5 Last

SPONSORED BY