Using Volume to Make Better Trades
I wish I had a dollar for every time Iโve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.
I wish I had a dollar for every time Iโve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.
Open Interest (also known as Open Contracts or Open Commitments) refers to the number of active or open contracts for any given security. It applies to the futures and options markets but not to stocks. In the futures market it refers to the total number of contracts long or short in a delivery month or …
By Trader X Itโs my opinion that successful trading for the long term is not possible without a sound understanding of both trader psychology and market psychology. Often individual traders focus so heavily on the results they are seeking that they forget that every other trader out there is doing the same thing: attempting to …