Lin, Chao-Hsien; Hsu, Hsinan; Chiang, Chwan-Yi - In: Review of Pacific Basin Financial Markets and Policies … 08 (2005) 02, pp. 217-234
By analyzing the behavior and performance of trader types in the Taiwan futures market, we find that the foreign investors, futures dealers and security dealers are positive feedback traders, whereas individuals are contrarians. Evidence shows that the foreign investors and security dealers earn...