Why is it important to follow trading volume?
In trading, volume is a measure of how much the asset is being traded at a particular moment in time. An extremely important metric, it is often overlooked by novice traders. Read this article to understand the concept of volume better and learn how to use it in trading. Why is it important? Why is it important to follow trading volume? Don’t you get all necessary information from the price chart itself? Turns out, volume has extended implications. As you already know, all exchange-traded assets behave in accordance with the principle…
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