We may ask ourselves three questions:
1. Is Volume still relevant today?
2. Is it relevant to the market I trade?
3. Can it be applied to all trading and investing strategies?
Let me try to answer the first if I can with an extract from Stocks and Commodities magazine. The following quote was by David Penn, a staff writer at the time for the magazine, who wrote the following about Wykcoff in an article in 2002:"Many of Wyckoff's basic tenets have become de facto standards of technical analysis: The concepts of accumulation/distribution and the supremacy of price and volume in determining stock price movement are examples."
The second question, I can only answer from a personal perspective........
1. Is Volume still relevant today?
2. Is it relevant to the market I trade?
3. Can it be applied to all trading and investing strategies?
Let me try to answer the first if I can with an extract from Stocks and Commodities magazine. The following quote was by David Penn, a staff writer at the time for the magazine, who wrote the following about Wykcoff in an article in 2002:"Many of Wyckoff's basic tenets have become de facto standards of technical analysis: The concepts of accumulation/distribution and the supremacy of price and volume in determining stock price movement are examples."
The second question, I can only answer from a personal perspective........
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.