Australian (ASX) Stock Market Forum

Number of new members

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Seems like there's a big increase in new members here since the start of the year; guys investing or trading for the first time. Also a big increase in the "is this a scam" type threads.

I wonder if this signifies a top?

Joe if you're reading, do you have a chart of numbers of new members to validate or refute my suspicions? I'd like to match it against the All Ords for fun.
 
Im not surprised. Sentiment is shifting (not only in stocks but in property too). Been a big run up in the ASX since the start of the year so plenty of newbies would have seen it and thought this game must be easy.
 
Yeah it happens every time, the ASF sentiment indicator is at extreme optimism:D

Run for the hills:eek:....wheres Uncle? Put the beans on!

CanOz
 
I don't have a chart, but I just pulled up the weekly new registration statistics since the beginning of the year and they look to be fairly consistent, with a range of between 100 to 175 new registrations a week being the norm. The only week that jumps out as being unusual was the week HC introduced their new design and new registrations jumped to 260.

newreg.png
 
Phew:eek:, we're safe...just shorted the Vix...:)
 
I don't have a chart, but I just pulled up the weekly new registration statistics since the beginning of the year and they look to be fairly consistent, with a range of between 100 to 175 new registrations a week being the norm. The only week that jumps out as being unusual was the week HC introduced their new design and new registrations jumped to 260.

View attachment 52351

Thanks for that Joe. I'm assuming that the 100-175 figure is higher than the ave weekly newcomers from last year?
 
Thanks for that Joe. I'm assuming that the 100-175 figure is higher than the ave weekly newcomers from last year?

Slightly maybe, but not by much. It was more like a range of between 75-150 new registrations per week for 2012.
 
There seems to have been a policy change recently with memberships. I signed up a few years back with a uni account, but when that expired I couldn't verify my ASF account with just a Gmail account until this year it when I tried again. Perhaps an indication of more individual/M&D investors who either don't have/use a business account or don't have the know-how to setup a email domain/address.
 
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