Buy horizontally and buy the dips, don't buy vertically; the selling point is at the boiling point. A continuous small increase is a real increase, while a continuous large increase means it's time to exit. A sudden drop with low volume is a scare tactic; a gradual drop with high volume means you should withdraw quickly. A significant rise requires a pullback; don't dig deep holes and don't buy too much.
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"Classic Trading Volume Mnemonic"
Buy horizontally and buy the dips, don't buy vertically; the selling point is at the boiling point.
A continuous small increase is a real increase, while a continuous large increase means it's time to exit.
A sudden drop with low volume is a scare tactic; a gradual drop with high volume means you should withdraw quickly.
A significant rise requires a pullback; don't dig deep holes and don't buy too much.