$BTW 15-minute trading volume was about $11.44 million, 5.3 times the previous average; the price rose 2.14% over the same period.
Let’s break that number down.
Every trade has both a buyer and a seller, so higher volume alone doesn’t mean there are more buyers or that money is flowing in—it just means trading has become more frequent.
Sizing your position by working backward from where you’ll place your stop-loss is much more reliable than picking a position size arbitrarily.
#BTW
Let’s break that number down.
Every trade has both a buyer and a seller, so higher volume alone doesn’t mean there are more buyers or that money is flowing in—it just means trading has become more frequent.
Sizing your position by working backward from where you’ll place your stop-loss is much more reliable than picking a position size arbitrarily.
#BTW