Trading volume over $BTW 1 hours was approximately $11.11 million, 4.8 times the previous average; the price fell 4.54% over the same period.
Let’s break that number down.
When volume picks up, spreads and slippage often widen too, so chasing the market with a market order can be costly.
Don’t follow the surge in volume blindly. Volatility is usually highest during these periods, so using less leverage is the safer approach.
It’s more reliable to look for confirmation from multiple indicators than to rely on just one, but even multiple indicators can’t give you a definitive answer.
You’re responsible for your own risk. Just sharing thoughts.
Let’s break that number down.
When volume picks up, spreads and slippage often widen too, so chasing the market with a market order can be costly.
Don’t follow the surge in volume blindly. Volatility is usually highest during these periods, so using less leverage is the safer approach.
It’s more reliable to look for confirmation from multiple indicators than to rely on just one, but even multiple indicators can’t give you a definitive answer.
You’re responsible for your own risk. Just sharing thoughts.
