$ONE 1The trading volume over the past hour was about $6.65 million, 6.8 times the previous average; the price rose 8.16% over the same period.
A beginner’s burning question: What does “surge in trading volume” mean?
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into a monetary amount. The multiple in the post compares the current period with the average over a previous period.
A surge in trading volume sometimes comes from a wave of liquidations: liquidation orders are forced trades, so this kind of surge has a different meaning from voluntary trading. It needs to be considered alongside liquidation data.
Calculate your position size based on the distance to your stop-loss. It’s much more reliable than picking a position size by guesswork.
#ONE
A beginner’s burning question: What does “surge in trading volume” mean?
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into a monetary amount. The multiple in the post compares the current period with the average over a previous period.
A surge in trading volume sometimes comes from a wave of liquidations: liquidation orders are forced trades, so this kind of surge has a different meaning from voluntary trading. It needs to be considered alongside liquidation data.
Calculate your position size based on the distance to your stop-loss. It’s much more reliable than picking a position size by guesswork.
#ONE