About Lesson
Market sentiment analysis is an essential part of many trading strategies. Like technical or fundamental analysis, it’s usually a good idea to make decisions using a mixture of all the information available.
For instance, market sentiment analysis can help you investigate whether FOMO is justified or simply a result of herd mentality. Overall, combining technical and fundamental analysis with market sentiment studies allows you to:
- Get a better idea of short and mid-term price action.
- Develop better control of your emotional state.
- Discover potentially profitable opportunities.