A laid-back market-watching diary: $STBL 1-hour trading volume was about $37.71 million, 370.1 times the previous average; over the same period, the price rose 30.75%.
A surge in volume only means trading is more active—it doesn’t tell us which side is right.
A bit of useful context: trading volumes in derivatives and spot markets often differ significantly. Derivatives volume includes a lot of leveraged turnover, so a volume surge doesn’t mean exactly the same thing in both markets.
Indicators can fail, but stop-losses shouldn’t be skipped: thinking ahead about what you’ll do if you’re wrong matters more than predicting whether you’re right.
A surge in volume only means trading is more active—it doesn’t tell us which side is right.
A bit of useful context: trading volumes in derivatives and spot markets often differ significantly. Derivatives volume includes a lot of leveraged turnover, so a volume surge doesn’t mean exactly the same thing in both markets.
Indicators can fail, but stop-losses shouldn’t be skipped: thinking ahead about what you’ll do if you’re wrong matters more than predicting whether you’re right.