Just an observation. Several of you trades seem to have low dollar volume. The liquidity on those are ok since we are trading with smaller size but the price action seems a lot choppier and harder to read. Your thesis is strong but I have moved them off my watch until the give me a reason to look back on these. I am not sure what your perspective is on these but I wanted to try and provide so thoughtful feedback. Have a great Friday and thanks for posting!
@BuffRJ47 Yeah the dollar volume could be a little low. To be honest I don't even look at the dollar volume just RVOL. I think the issue though was that the market was in a big sell off and volume is not going to come in to speculative plays when the market is in a tumble. My main reason for exiting the trade when I did and not holding some for a swing through the day was the red market. I think a week ago this trade would have had a ton of volume and would have been a solid FGD. I was just
Just an observation. Several of you trades seem to have low dollar volume. The liquidity on those are ok since we are trading with smaller size but the price action seems a lot choppier and harder to read. Your thesis is strong but I have moved them off my watch until the give me a reason to look back on these. I am not sure what your perspective is on these but I wanted to try and provide so thoughtful feedback. Have a great Friday and thanks for posting!
@BuffRJ47 Yeah the dollar volume could be a little low. To be honest I don't even look at the dollar volume just RVOL. I think the issue though was that the market was in a big sell off and volume is not going to come in to speculative plays when the market is in a tumble. My main reason for exiting the trade when I did and not holding some for a swing through the day was the red market. I think a week ago this trade would have had a ton of volume and would have been a solid FGD. I was just
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