The $FIL 5-minute trading turnover was about $3.52 million, 9.5 times the previous average; over the same period, the price rose 0.54%.
Let’s use this figure to break down trading volume.
Futures and spot trading volumes often differ significantly. Futures volume includes a lot of high-frequency turnover, so the two figures don’t mean exactly the same thing.
Don’t jump in just because of the multiple. Volatility is usually highest when volume surges, so using less leverage gives you more room to maneuver.
Don’t chase the market at its most volatile moment. Wait for the candlestick to close before taking a look.
#FIL
Let’s use this figure to break down trading volume.
Futures and spot trading volumes often differ significantly. Futures volume includes a lot of high-frequency turnover, so the two figures don’t mean exactly the same thing.
Don’t jump in just because of the multiple. Volatility is usually highest when volume surges, so using less leverage gives you more room to maneuver.
Don’t chase the market at its most volatile moment. Wait for the candlestick to close before taking a look.
#FIL