$PUMP 5 The trading volume over the past minute was approximately $7.84 million, 19.3 times the previous average; the price fell 2.07% over the same period.
When I first got into the market, I always thought a surge in trading volume meant people were buying. It was only later that I understood: every trade has both a buyer and a seller. A surge in volume only means trading has become more active. To tell whether buyers or sellers are more eager, you have to look at the direction of the price.
Extreme data usually signals more intense volatility. At times like these, you should reduce your position rather than increase it.
#PUMP
Make your own decisions about when to enter and exit—don't follow the crowd.
When I first got into the market, I always thought a surge in trading volume meant people were buying. It was only later that I understood: every trade has both a buyer and a seller. A surge in volume only means trading has become more active. To tell whether buyers or sellers are more eager, you have to look at the direction of the price.
Extreme data usually signals more intense volatility. At times like these, you should reduce your position rather than increase it.
#PUMP
Make your own decisions about when to enter and exit—don't follow the crowd.
