hey guys newbie here I was looking at mgt today. I need some help with charts and volume under the graph those red and green bar it shows volume rite but what red indicate and green indicates what? also I saw volume numbers was going up but stock price was going down . some one please explain me little bit
Posted Jun 02, 16 3:23 AMbyflilani
Categories
Basics
Volume can either be selling or buying. If its red there was a majority of sellers but if it was green there was a majority of buyers. Please don't buy stocks before educating yourself.
Volume is how many shares moved in the period, it doesn't directly affect price, although price gets higher if there is a larger group of buyers than sellers.
YES I KNOW I AM NOT TRADING AT THIS TIME BUT I AM PAPER TRADING I JUST PRETEND THAT I BOUGHT THE STOCK AT THIS PRICE ON MY TEXT BOOK SO AT THE END OF THE DAY HOW MUCH I DID
STILL GETTING TIMS LESSONS AND ALSO I GOT HIS DVD TOO SO WILL SEE THANK YOU GUYS SO MUCH
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