Abstract
The next step after gaining a knowledge base in fundamental analysis has to be converting that knowledge into action. A key weakness often mentioned in using fundamental analysis is that it is thought of as being too macro a viewpoint. Fundamental forces are perceived to not be actionable for day-to- day and minute-to-minute trading. This is a false viewpoint. Fundamental forces are not abstract concepts. They act on prices through a transmission mechanism: sentiment. Sentiment acts like gravity and exerts a force shaping price direction.
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Cofnas, A. (2018). What is Sentiment?. In: Planet Forex. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-92913-2_5
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DOI: https://doi.org/10.1007/978-3-319-92913-2_5
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-92912-5
Online ISBN: 978-3-319-92913-2
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