I’m currently in the market sentiment section and I’ve been wanting to ask if the COT report still work?
Definitely, but not much of a concern for technical analyst.
Welcome to the forum, Bryan.
What do you mean by “work”? How do you want to use it? How are you hoping or expecting that it might help you?
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Hey @Bryan.bode, the COT report still works, but it’s more useful for spotting sentiment extremes and longer-term positioning—not for entry signals. I use it to add context to my technical analysis, not as a
standalone tool. Worth learning, especially if you’re into swing or position trading.
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As a beginner, should I even bother trying to understand the COT Report right now?
Whom are you asking?
My suggestion is that you should have absolutely nothing to do with it at all. (The very small, not-very-convincing amount of collective “evidence” as to its value suggests that - if anything at all - it should be “faded” (i.e. there may be a slight overall benefit in doing the opposite of what it “suggests”) but even that’s very tenuous and interpretative anyway.
I strongly suggest ignoring it completely. It isn’t worthy of your attention.
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Hello friend, yes the COT report still works. Many traders still use it to understand big market moves. But remember it’s better for long-term trades because it’s updated weekly and won’t help much with quick scalping trades. Good luck!
Yo dude, COT report is definitely still legit. Lots of traders still check it out to see where the big guys got their money parked. Just remember it’s more of a weekly vibe, not gonna help you scalp quick moves or anything, but it still gives a solid heads-up on market sentiment. Keep crushin’ it, man!
@pink_hat_trader. I’ll leave the COT report alone for now and focus on mastering the basics first.
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