Paddy Power 'Trades' news section

Wino

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Those that are familiar with PP Trader will know they carry a 'Trades' news section showing the % of people who are Short/Long on the major indices such as the FTSE, DAX/ EUR/US.

I usually pay scant regard to this based on the opinion that many, many SB'ers lose money. I am currently not losing money spread-betting and after a few initial hiccups am consistently profitable.

Am I right to ignore this or does anyone use these indicators successfully?
 
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