🐋 Trading volume over $JCT 1 hours was approximately $8.5 million, 3.7 times the previous average; the price fell 0.89% over the same period.
When trading volume surges, many people instinctively assume big money is coming in, but that isn’t necessarily the case.
When volume rises, bid-ask spreads and slippage often increase too, so chasing the market with a market order can be costly.
The same data can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
When trading volume surges, many people instinctively assume big money is coming in, but that isn’t necessarily the case.
When volume rises, bid-ask spreads and slippage often increase too, so chasing the market with a market order can be costly.
The same data can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
