Lesson 12: Volume
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Description
Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen your trading skills, this podcast is packed with valuable insights to boost your crypto journey. Be sure to follow us on X at @CTGcrypto for even more tips and updates throughout the week. Disclaimer: This podcast is for educational purposes only. Trading cryptocurrencies comes with risk, and any trades you make are done at your own risk. Always do your own research before making any financial decisions. Now, let’s get into lesson 12 of "how to become a cryptotrader!" Today, we’re diving into a crucial aspect of crypto trading that is often overlooked: volume. While many traders focus on price charts and technical indicators, volume is a key factor that provides deeper insights into market dynamics. Price and volume are the only two parameters you need to trade successfully.All indicators and tools are derived from these two elements.Volume refers to the amount of an asset traded within a specific time period.Why is volume so important? An increase in volume indicates growing interest from major investors (institutions) who have significant capital and access to information (“smart money”).This “smart money” enters the market at specific levels, causing significant changes in volume.On the other hand, low volume suggests that mainly retail investors with limited capital are active, which can signal uncertainty in the market.Conclusion: Higher volume implies activity from “smart money,” making it a critical focus for traders. In this episode, we’ll discuss the various effects of volume on price and how you can use this information to enhance your trading strategy. Stay tuned to learn how to interpret and leverage volume to make better trading decisions!
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Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen...
Published 11/28/24
Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen...
Published 11/27/24
Published 11/27/24