$UAI 1 The hourly trading volume was approximately $15.73 million, 7.2 times the previous average; during the same period, the price fell 33.59%.
When I first got into the market, I always thought that a surge in volume meant people were buying. It took me a while to understand that every trade involves both a buyer and a seller. Higher volume only means more frequent turnover. To tell whether buyers are more eager or sellers are more urgent, you have to look at the price direction.
Don’t place an order during the most volatile few minutes. Wait for the price movement to play out before taking a look.
When I first got into the market, I always thought that a surge in volume meant people were buying. It took me a while to understand that every trade involves both a buyer and a seller. Higher volume only means more frequent turnover. To tell whether buyers are more eager or sellers are more urgent, you have to look at the price direction.
Don’t place an order during the most volatile few minutes. Wait for the price movement to play out before taking a look.
