$IOST 1The hourly trading volume was about $35.87 million, 4.6 times the previous average; the price fell 14.91% over the same period.
Let’s use this figure to break down the surge in trading volume.
Trading volume is often called the fuel of the market: for a trend to continue, volume generally needs to keep up. But that’s a rule of thumb, not a law.
If volume quickly shrinks back after a spike, it’s often just a brief flurry of activity; sustained growth in volume is what’s more noteworthy.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#IOST
Markets involve risk. Trade with caution.
Let’s use this figure to break down the surge in trading volume.
Trading volume is often called the fuel of the market: for a trend to continue, volume generally needs to keep up. But that’s a rule of thumb, not a law.
If volume quickly shrinks back after a spike, it’s often just a brief flurry of activity; sustained growth in volume is what’s more noteworthy.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#IOST
Markets involve risk. Trade with caution.