Is volume overrated? What do. yall think? I have seen price trend down and up without volume... I don't use volume at all.. just price..
Is volume overrated?...
- Thread starter focusonmoney
- Start date
Yes.
What I think is â this is stirring up a pot of crap for no reason â as the only thing that matters is youâre making money doing what youâre doing
However in the spirit of contributing â hereâs an oldie but goodie
http://www.elitetrader.com/vb/showthread.php?s=&threadid=169124&perpage=6&pagenumber=1
RN
However in the spirit of contributing â hereâs an oldie but goodie
http://www.elitetrader.com/vb/showthread.php?s=&threadid=169124&perpage=6&pagenumber=1
RN
+1. Sastisfried?
good, i thought i was the only one...
Price probes, but volume pushes.
but when volume is high what should we do?
I think volume has become somewhat overrated. A lot of people were fooled by the low-volume rallies we had earlier this year and missed some nice moves.
With that said, however, good volume can be powerful confirmation for your trades and a sign of when it might be a good idea to load up with greater share size. And for short-term trades, I'm always checking in Quotetracker and StockVision to find stocks that are trading more than their usual amount of volume. They seem to have a higher chance of making a nice clean move.
With that said, however, good volume can be powerful confirmation for your trades and a sign of when it might be a good idea to load up with greater share size. And for short-term trades, I'm always checking in Quotetracker and StockVision to find stocks that are trading more than their usual amount of volume. They seem to have a higher chance of making a nice clean move.