Re: Commitment of Traders
COT is good for those trading long-term and you want to see if its time to prepare for exit or not based upon the big boys. I do not think you can use it to daytrade since the data is a week old. There are ebooks [I should say copies of books] out there on COT that is posted.
COT is good for those trading long-term and you want to see if its time to prepare for exit or not based upon the big boys. I do not think you can use it to daytrade since the data is a week old. There are ebooks [I should say copies of books] out there on COT that is posted.
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