Invest with volume
 |
Description
Book Introduction
Trading volume is the substance, stock price is just a shadow!
He developed a stock price confirmation indicator for trading volume and received the Charles Dow Award, which is awarded only for innovative research.
This book explains everything about volume analysis studied by Buff Dormaier.
As someone who invests directly in the stock market, how much do you know about trading volume? If you've only been chasing the price of specific stocks, now you need to know trading volume to win in the market.
Because trading volume is the 'real thing' that accurately reflects the market, and stock prices are the 'shadow'.
The revised edition of "Investing with Volume Analysis" is the product of Buff Dormaier's groundbreaking research.
It helps you check and interpret stock prices through trading volume and provides you with a leading method.
It also says that it is possible to identify in advance when investor sentiment changes suddenly.
He examines numerous traditional volume indicators and introduces his own groundbreaking approaches in this book.
Moreover, it will help you trade smartly and effectively by showing you exactly how to apply the method in practice.
He developed a stock price confirmation indicator for trading volume and received the Charles Dow Award, which is awarded only for innovative research.
This book explains everything about volume analysis studied by Buff Dormaier.
As someone who invests directly in the stock market, how much do you know about trading volume? If you've only been chasing the price of specific stocks, now you need to know trading volume to win in the market.
Because trading volume is the 'real thing' that accurately reflects the market, and stock prices are the 'shadow'.
The revised edition of "Investing with Volume Analysis" is the product of Buff Dormaier's groundbreaking research.
It helps you check and interpret stock prices through trading volume and provides you with a leading method.
It also says that it is possible to identify in advance when investor sentiment changes suddenly.
He examines numerous traditional volume indicators and introduces his own groundbreaking approaches in this book.
Moreover, it will help you trade smartly and effectively by showing you exactly how to apply the method in practice.
- You can preview some of the book's contents.
Preview
index
Praise for "Investing with Volume"
Recommendation
Acknowledgements
Introduction
LESSON 01 Two Perspectives on Market Analysis
? Laying a strong foundation
? Two valid approaches
? Fundamental approach
? Technical approach
Comparing Fundamental and Technical Analysis
LESSON 02: The History of Technical Analysis
The First Investment in History: Agreement or Death
? Babylon's Chart
? Early European market
? Samurai Trading
? Early US Market Analysis
? Root: Charles H.
Dow
? Sprouts: Dow Theorists Peter Hamilton, Robert Lear, and others
? Early Dow Theory practitioners
? The rise of fundamentals
The popularity of technical analysis
Market Analysis in Today's Efficient Markets
? Comparison of eras
Setting the Record Straight: Dow Theory Strikes Back
LESSON 03 Stock Analysis
? The market price is right
? The cornerstones that build the chart
Volume Analysis: Digging Deeper
LESSON 04 Volume Analysis
? Trading volume
? Terms related to trading volume
? Trading volume data in market analysis
? Trading volume unlocks liquidity
? Trading volume reveals the truth of information.
Trading volume reveals the true face of confidence.
? Trading volume expresses interest and enthusiasm.
? Trading volume indicates a divergence of opinion.
Trading volume fuels the market.
? Volume reveals the truth.
? Trading volume is the cause
? Trading volume accelerates
LESSON 05 Trading Volume: Market Power
? Volume is power
Trading volume precedes stock prices.
Trading volume interprets stock prices.
Volume Analysis: Harnessing the Power
? Support and resistance
? Trend
? All objects in motion continue to move unless acted upon by an external force.
? Every movement has an action and a reaction.
Applying the Laws of Motion to Volume Analysis
LESSON 06 How to Read the Market Like a Book
Reading the stock price tape
? Understanding the characters
? Here, we introduce the market.
? Fear and greed
Volume: A Technical Analyst's Decoding Tool
? Analyze stock prices and trading volume by bar
? 4 Steps in Closing Price Bar Analysis_ The Various Steps in Stock Price Range Volume Analysis
Stock prices are the market's DNA.
Trading volume is the market's RNA.
? Volume Stock Price: Spread Analysis_ High volume accompanied by a bullish stock price increase (long rising bars) | Bearish within a bull market: High volume but little price movement (short rising bars).
A lot of effort but little results
? Stock price falls with high trading volume
? Low-Volume Stock Price Movement_ Behind the Bar | Gaps | Inside Day | Outside Day
LESSON 07 Trading Volume in a Trend
? Identifying trends
? Trends: Words of the Market
? Draw a trend line
? Identifying Trend Status with Volume Analysis
? The four stages of volume analysis: Stage 1: Strong demand | Stage 2: Weak demand | Stage 3: Strong supply | Stage 4: Weak supply
Trading Volume Rules and Laws: Decoding the Contradictory Cryptocurrency_ Ants | Big Players | Keys to Conquering the Highlands
? Seasonal trends in trading volume
LESSON 08 Volume in Patterns
? Patterns: The Market Story
? Plot: Interaction of two major trends_ Channel = Line drawn parallel to support and resistance | Isosceles triangle = Falling resistance line and rising support line | Expansion pattern = Rising resistance line and falling support line | Ascending triangle = Horizontal resistance line and rising support line | Descending triangle = Horizontal support line and falling resistance line | Rounded bottom: Trend change consolidating the bottom | Rounded ceilings | Complex pattern made up of combinations of other patterns
? Bullish Flag and Pennant_ Bullish Flag | Bullish Pennant | Bearish Flag and Pennant
LESSON 09 Judging Trading Volume Information
? Seven types of volume indicators
? Optimization: Warning
LESSON 10: Pure Volume Indicators
? Trading volume
? Moving average of trading volume
? Volume Oscillator
? Volume band
? Volume purchase
? Trading volume of a specific stock price
? Stock Price: Volume/Crocker Chart
LESSON 11: Intraday Volume Accumulation Indicator
? OBV
? Trading volume stock price trend
? Intraday Volume Accumulation Oscillator
LESSON 12: Intraday Volume Accumulation Oscillator
? Intraday Strength Index/Acquisition Distribution
Williams' Variable Accumulation Dispersion (WVAD)
Williams's Accumulation Dispersion (WAD)
Intraday Volume Accumulation Oscillators_ Chaikin's Money Flow (MF) | Twig's Money Flow (MF)
LESSON 13 Stock Price Range Volume Indicators
? Market Facilitation Index (MFI)
? Balanced volume chart
? EOM
LESSON 14 Stock Purchase Based on Volume Indicators
? PVI/NVI
LESSON 15 Tick-Based Volume Indicators
? Volume Weighted Average Price (VWAP)
? MF/Tick Volume
LESSON 16: Volume-Weighted Stock Price Indicators
? Money Flow Index (MFI)
Volume-Weighted Moving Average (VWMA)_ Sensitivity | Reliability | Risk | Return | Summary
? Volume-Weighted MACD (VW-MACD)
Trend Thrust Indicator (TTI)_ Research | Sensitivity | Reliability | Profitability
LESSON 17: Trading Volume Stock Price Check Indicator
? Calculation method
? Using VPCI
? VPCI activities
? Research_ Revenue/Profitability | Reliability | Risk-Adjusted Return
Other Applications: VPCI and Other Stock Price-Volume Indicators
? Other applications
LESSON 18: SUMMARY OF STRENGTH INDICATORS
? Market/Strength Statistics
? Strength Statistics: A Source of Market Intelligence
? A Warning About Indicator Construction: The Pitfalls of Intensity Data
? Strength-based indicators
? PVI and NVI
? ARMS Index/TRIN
McClellan Oscillator
LESSON 19: Upgrade Your Volume: Market Cap-Weighted Volume
Now is the time to upgrade your trading volume.
? Traditional Volume: Disconnect between Stock Price and Volume
? Blue chips turned into scraps of paper
? Alternatives to Index Volume Analysis
? Market capitalization weighted volume
Comparison of traditional volume calculations and market capitalization-weighted volume
Flash Crash: The Impact of Market Capitalization-Weighted Volume
Market Cap-Weighted Volume: Rebuilding the Strength Indicator
LESSON 20: Risky Business
The best offense is a solid defense.
? Best and worst
? Buy and hold strategy
Dynamic asset allocation
? Risk Management
? Half-transaction loss limit
The best mistakes are the ones already made.
LESSON 21: Summary: Volume-Prioritizing Strategies
Applying a volume-based strategy
Understanding the Market: Supply and Demand_ Step 1: Trend Direction | Step 2: Trend Sustainability | Step 3: Market Strength | Step 4: Market Sectors | Step 5: Individual Stock Selection
? Building MPS for individual stocks
? 4 Steps to Volume Analysis_ Extreme Stock Volume | Market Equilibrium | Direction Over Location
LESSON 22: Volume Problems in Modern Markets
? Evolving Volume Patterns | Economic Conditions That Spur Long-Term Growth in Trading Volume | Regulatory Changes and New Technologies Fuel Volume Growth | Ultra-Frequency Trading | Dark Pools | Concerns About Ultra-Frequency Trading and Dark Pools
? Market Comparison by Era_Past Market Structure | Current Market Structure
? The impact of changes in market structure on trading volume analysis
? Reliability of transaction volume data
Recommendation
Acknowledgements
Introduction
LESSON 01 Two Perspectives on Market Analysis
? Laying a strong foundation
? Two valid approaches
? Fundamental approach
? Technical approach
Comparing Fundamental and Technical Analysis
LESSON 02: The History of Technical Analysis
The First Investment in History: Agreement or Death
? Babylon's Chart
? Early European market
? Samurai Trading
? Early US Market Analysis
? Root: Charles H.
Dow
? Sprouts: Dow Theorists Peter Hamilton, Robert Lear, and others
? Early Dow Theory practitioners
? The rise of fundamentals
The popularity of technical analysis
Market Analysis in Today's Efficient Markets
? Comparison of eras
Setting the Record Straight: Dow Theory Strikes Back
LESSON 03 Stock Analysis
? The market price is right
? The cornerstones that build the chart
Volume Analysis: Digging Deeper
LESSON 04 Volume Analysis
? Trading volume
? Terms related to trading volume
? Trading volume data in market analysis
? Trading volume unlocks liquidity
? Trading volume reveals the truth of information.
Trading volume reveals the true face of confidence.
? Trading volume expresses interest and enthusiasm.
? Trading volume indicates a divergence of opinion.
Trading volume fuels the market.
? Volume reveals the truth.
? Trading volume is the cause
? Trading volume accelerates
LESSON 05 Trading Volume: Market Power
? Volume is power
Trading volume precedes stock prices.
Trading volume interprets stock prices.
Volume Analysis: Harnessing the Power
? Support and resistance
? Trend
? All objects in motion continue to move unless acted upon by an external force.
? Every movement has an action and a reaction.
Applying the Laws of Motion to Volume Analysis
LESSON 06 How to Read the Market Like a Book
Reading the stock price tape
? Understanding the characters
? Here, we introduce the market.
? Fear and greed
Volume: A Technical Analyst's Decoding Tool
? Analyze stock prices and trading volume by bar
? 4 Steps in Closing Price Bar Analysis_ The Various Steps in Stock Price Range Volume Analysis
Stock prices are the market's DNA.
Trading volume is the market's RNA.
? Volume Stock Price: Spread Analysis_ High volume accompanied by a bullish stock price increase (long rising bars) | Bearish within a bull market: High volume but little price movement (short rising bars).
A lot of effort but little results
? Stock price falls with high trading volume
? Low-Volume Stock Price Movement_ Behind the Bar | Gaps | Inside Day | Outside Day
LESSON 07 Trading Volume in a Trend
? Identifying trends
? Trends: Words of the Market
? Draw a trend line
? Identifying Trend Status with Volume Analysis
? The four stages of volume analysis: Stage 1: Strong demand | Stage 2: Weak demand | Stage 3: Strong supply | Stage 4: Weak supply
Trading Volume Rules and Laws: Decoding the Contradictory Cryptocurrency_ Ants | Big Players | Keys to Conquering the Highlands
? Seasonal trends in trading volume
LESSON 08 Volume in Patterns
? Patterns: The Market Story
? Plot: Interaction of two major trends_ Channel = Line drawn parallel to support and resistance | Isosceles triangle = Falling resistance line and rising support line | Expansion pattern = Rising resistance line and falling support line | Ascending triangle = Horizontal resistance line and rising support line | Descending triangle = Horizontal support line and falling resistance line | Rounded bottom: Trend change consolidating the bottom | Rounded ceilings | Complex pattern made up of combinations of other patterns
? Bullish Flag and Pennant_ Bullish Flag | Bullish Pennant | Bearish Flag and Pennant
LESSON 09 Judging Trading Volume Information
? Seven types of volume indicators
? Optimization: Warning
LESSON 10: Pure Volume Indicators
? Trading volume
? Moving average of trading volume
? Volume Oscillator
? Volume band
? Volume purchase
? Trading volume of a specific stock price
? Stock Price: Volume/Crocker Chart
LESSON 11: Intraday Volume Accumulation Indicator
? OBV
? Trading volume stock price trend
? Intraday Volume Accumulation Oscillator
LESSON 12: Intraday Volume Accumulation Oscillator
? Intraday Strength Index/Acquisition Distribution
Williams' Variable Accumulation Dispersion (WVAD)
Williams's Accumulation Dispersion (WAD)
Intraday Volume Accumulation Oscillators_ Chaikin's Money Flow (MF) | Twig's Money Flow (MF)
LESSON 13 Stock Price Range Volume Indicators
? Market Facilitation Index (MFI)
? Balanced volume chart
? EOM
LESSON 14 Stock Purchase Based on Volume Indicators
? PVI/NVI
LESSON 15 Tick-Based Volume Indicators
? Volume Weighted Average Price (VWAP)
? MF/Tick Volume
LESSON 16: Volume-Weighted Stock Price Indicators
? Money Flow Index (MFI)
Volume-Weighted Moving Average (VWMA)_ Sensitivity | Reliability | Risk | Return | Summary
? Volume-Weighted MACD (VW-MACD)
Trend Thrust Indicator (TTI)_ Research | Sensitivity | Reliability | Profitability
LESSON 17: Trading Volume Stock Price Check Indicator
? Calculation method
? Using VPCI
? VPCI activities
? Research_ Revenue/Profitability | Reliability | Risk-Adjusted Return
Other Applications: VPCI and Other Stock Price-Volume Indicators
? Other applications
LESSON 18: SUMMARY OF STRENGTH INDICATORS
? Market/Strength Statistics
? Strength Statistics: A Source of Market Intelligence
? A Warning About Indicator Construction: The Pitfalls of Intensity Data
? Strength-based indicators
? PVI and NVI
? ARMS Index/TRIN
McClellan Oscillator
LESSON 19: Upgrade Your Volume: Market Cap-Weighted Volume
Now is the time to upgrade your trading volume.
? Traditional Volume: Disconnect between Stock Price and Volume
? Blue chips turned into scraps of paper
? Alternatives to Index Volume Analysis
? Market capitalization weighted volume
Comparison of traditional volume calculations and market capitalization-weighted volume
Flash Crash: The Impact of Market Capitalization-Weighted Volume
Market Cap-Weighted Volume: Rebuilding the Strength Indicator
LESSON 20: Risky Business
The best offense is a solid defense.
? Best and worst
? Buy and hold strategy
Dynamic asset allocation
? Risk Management
? Half-transaction loss limit
The best mistakes are the ones already made.
LESSON 21: Summary: Volume-Prioritizing Strategies
Applying a volume-based strategy
Understanding the Market: Supply and Demand_ Step 1: Trend Direction | Step 2: Trend Sustainability | Step 3: Market Strength | Step 4: Market Sectors | Step 5: Individual Stock Selection
? Building MPS for individual stocks
? 4 Steps to Volume Analysis_ Extreme Stock Volume | Market Equilibrium | Direction Over Location
LESSON 22: Volume Problems in Modern Markets
? Evolving Volume Patterns | Economic Conditions That Spur Long-Term Growth in Trading Volume | Regulatory Changes and New Technologies Fuel Volume Growth | Ultra-Frequency Trading | Dark Pools | Concerns About Ultra-Frequency Trading and Dark Pools
? Market Comparison by Era_Past Market Structure | Current Market Structure
? The impact of changes in market structure on trading volume analysis
? Reliability of transaction volume data
Into the book
Fundamentalists evaluate stock prices based on corporate analysis.
Technical analysts observe the behavior of market participants based on stock price movements to identify possible support levels, which may be the same as the stock price analyzed by fundamentalists.
What is a support line? Support represents demand (buyers).
So where does demand come from? It often stems from fundamentalists' judgments about a company's value.
In this way, the two perspectives reach the same conclusion in different ways.
Fundamental analysis is based on the study of intrinsic value, while technical analysis is shaped by external factors.
No matter the timing, there is only one reason why stock prices rise.
Because demand exceeds available supply.
When available supply exceeds demand, stock prices fall again.
Trading volume thus weighs the forces of supply and demand that shape prices.
In this way, trading volume reflects the flow of money into and out of a market or stock.
I believe this.
Volume analysis provides an excellent perspective on the internal structure of a market that cannot be obtained through other forms of analysis.
With this book, I aim to provide investors with tools and concepts that can enhance their market judgment through volume analysis, a skill often overlooked.
_From 〈Comparison of Fundamental Analysis and Technical Analysis〉
Wyckoff, a contemporary of Dow, founded America's first investment magazine, The Magazine of Wall Street, in 1907.
Wyckoff deviated from Dow Theory by focusing on the underlying causes of market movements.
Wyckoff focused on the economic principles of supply and demand that emerge in stock trading.
He believed that observed behavior through stock price and trading volume movements could provide clues to predict market movements.
As a result, Wyckoff became convinced that the market was driven by three principles.
These are the laws of supply and demand, the law of cause and effect, and the law of effort versus result.
Wyckoff discovered that market movements were largely driven by big players.
The big players are buying up stocks indiscriminately and then selling them to retail investors at high prices.
Wyckoff believed that volume was key to confirming these movements.
_From 〈Early Dow Theory Implementers〉
Trading volume is a crucial part of investment information, yet most investors tend to ignore it.
Financial analysts don't even consider volume, and technical analysts don't fully utilize it.
Trading volume provides key information in two ways:
First, volume allows us to estimate changes in stock prices before they are realized.
Second, volume helps technical analysts interpret the meaning of stock price movements.
_From 〈Trading Volume is Power〉
It is rare for a market to experience a series of low-volume sell-offs when it is in the midst of a bull market.
If that were the case, investors would likely misinterpret news or other information about the company.
The stock price is moving significantly, but the trading volume is low.
This suggests that uninformed investors are panicking.
However, smart money (funds that are quickly turned over by institutions or individual investors seeking short-term profits according to market conditions) does not participate in this movement.
Institutions that had anticipated the impending downturn are now patiently waiting for support to emerge.
When the short-term decline begins to stabilize or reverse, this is a signal that the stock price has fallen enough to fall, and the green light is on to buy.
_〈Stock price movement with low trading volume〉
Looking at just one stock price, the direction of the stock price breakout is virtually impossible to predict while the stock price remains within the channel.
However, volume indicators provide clues as to the direction of the breakout.
A breakout requires unusually high volume, at least 150% of the average daily volume of the trading range.
The higher the trading volume, the higher the validity of the breakout.
Sometimes the stock price slowly returns to the breakout point with low trading volume.
When this phenomenon occurs after an upward breakout, past resistance points act as support lines because past sellers regret selling and try to buy back stock at the selling price.
Likewise, in case of a breakout, the previous support line acts as a resistance line.
These setbacks provide a second chance for those who missed the initial breakthrough or were bitten by the breakaway.
_〈Plot: Interaction of Two Major Trends〉
Technical analysts observe the behavior of market participants based on stock price movements to identify possible support levels, which may be the same as the stock price analyzed by fundamentalists.
What is a support line? Support represents demand (buyers).
So where does demand come from? It often stems from fundamentalists' judgments about a company's value.
In this way, the two perspectives reach the same conclusion in different ways.
Fundamental analysis is based on the study of intrinsic value, while technical analysis is shaped by external factors.
No matter the timing, there is only one reason why stock prices rise.
Because demand exceeds available supply.
When available supply exceeds demand, stock prices fall again.
Trading volume thus weighs the forces of supply and demand that shape prices.
In this way, trading volume reflects the flow of money into and out of a market or stock.
I believe this.
Volume analysis provides an excellent perspective on the internal structure of a market that cannot be obtained through other forms of analysis.
With this book, I aim to provide investors with tools and concepts that can enhance their market judgment through volume analysis, a skill often overlooked.
_From 〈Comparison of Fundamental Analysis and Technical Analysis〉
Wyckoff, a contemporary of Dow, founded America's first investment magazine, The Magazine of Wall Street, in 1907.
Wyckoff deviated from Dow Theory by focusing on the underlying causes of market movements.
Wyckoff focused on the economic principles of supply and demand that emerge in stock trading.
He believed that observed behavior through stock price and trading volume movements could provide clues to predict market movements.
As a result, Wyckoff became convinced that the market was driven by three principles.
These are the laws of supply and demand, the law of cause and effect, and the law of effort versus result.
Wyckoff discovered that market movements were largely driven by big players.
The big players are buying up stocks indiscriminately and then selling them to retail investors at high prices.
Wyckoff believed that volume was key to confirming these movements.
_From 〈Early Dow Theory Implementers〉
Trading volume is a crucial part of investment information, yet most investors tend to ignore it.
Financial analysts don't even consider volume, and technical analysts don't fully utilize it.
Trading volume provides key information in two ways:
First, volume allows us to estimate changes in stock prices before they are realized.
Second, volume helps technical analysts interpret the meaning of stock price movements.
_From 〈Trading Volume is Power〉
It is rare for a market to experience a series of low-volume sell-offs when it is in the midst of a bull market.
If that were the case, investors would likely misinterpret news or other information about the company.
The stock price is moving significantly, but the trading volume is low.
This suggests that uninformed investors are panicking.
However, smart money (funds that are quickly turned over by institutions or individual investors seeking short-term profits according to market conditions) does not participate in this movement.
Institutions that had anticipated the impending downturn are now patiently waiting for support to emerge.
When the short-term decline begins to stabilize or reverse, this is a signal that the stock price has fallen enough to fall, and the green light is on to buy.
_〈Stock price movement with low trading volume〉
Looking at just one stock price, the direction of the stock price breakout is virtually impossible to predict while the stock price remains within the channel.
However, volume indicators provide clues as to the direction of the breakout.
A breakout requires unusually high volume, at least 150% of the average daily volume of the trading range.
The higher the trading volume, the higher the validity of the breakout.
Sometimes the stock price slowly returns to the breakout point with low trading volume.
When this phenomenon occurs after an upward breakout, past resistance points act as support lines because past sellers regret selling and try to buy back stock at the selling price.
Likewise, in case of a breakout, the previous support line acts as a resistance line.
These setbacks provide a second chance for those who missed the initial breakthrough or were bitten by the breakaway.
_〈Plot: Interaction of Two Major Trends〉
---From the text
Publisher's Review
If stock prices are evidence of the market,
Trading volume is a lie detector that detects the truth in the market!
“Volume tells us how confident investors are about the current stock price, as well as the strength and extent of that confidence.
The utility of this volume is superior to that of any other indicator.
A "lie detector test" using market volume can help identify trends more quickly and accurately.
This puts you in a prime position to capitalize on the profits that trends offer.”
Through "Investing with Volume," you'll learn how to diagnose the forces of supply and demand, how to identify market narratives through volume data, and how to analyze volume and allocate portfolio assets.
Charles Dow Award winner Buff Dormaier explains everything he has learned about volume analysis in this book.
He has been working in the securities industry for over 15 years as a financial advisor, analyst, and portfolio manager.
We have also developed many volume-based indicators, including the Volume-Weighted Moving Average, the Volume Price Confirmation Indicator, the VPCI Stochastic, the Half-Volume Stop-loss, the Trend Thrust Indicator, and the Market Capitalization-Weighted Volume Index.
Additionally, we have developed customized strategies designed to help our clients achieve and exceed their goals in uncertain markets.
Trading volume is the power of stock prices!
A proper understanding of volume analysis empowers you to delve deeper into how markets work.
Trading volume is a source of liquidity, a touchstone for diagnosing the truth of a stock price, and evidence for measuring the truth of information.
Trading volume proves the validity of a stock's price and plays a crucial role in analyzing a stock.
Technical investors can use this volume as an indicator of stock price quality.
There is only one reason why stock prices rise.
Because demand exceeds available supply.
Conversely, if available supply exceeds demand, stock prices fall again.
In this way, trading volume weighs the forces of supply and demand that shape prices, reflecting the flow of money into and out of the market.
Volume analysis provides an excellent perspective on the internal structure of a market, revealing much that other forms of analysis cannot.
This book, "Investing with Volume," provides tools and concepts that can enhance investors' ability to judge the market through volume analysis, a skill that many overlook.
The indices and trading volume of a specific stock can be easily tracked.
However, few investors have the skills to properly understand and utilize that information.
"Investing with Volume" explains in detail the fundamental concepts that make up volume analysis.
Additionally, by combining numerous indicators and volume used in today's technical analysis, we will provide useful indicators necessary for analyzing trading volume, such as moving averages of trading volume, volume oscillators, intraday volume accumulation indicators, price range and volume indicators, tick-based volume indicators, and volume price confirmation indicators, to help you trade more effectively.
Predict future stock prices with trading volume!
Just as you can't properly evaluate a stock price without trading volume, you can't properly understand trading volume without stock price.
By looking at stock prices and trading volume together, you can obtain accurate information about supply and demand that cannot be obtained from one alone.
So-called market experts say that the market is rising because there are more buyers than sellers, or that the market is falling because there are more sellers than buyers.
But they have a serious misunderstanding about market movements.
The number of shares always equals the number of shares sold, which equals the total amount of shares traded.
Therefore, trading volume refers to the number of shares traded between buyers and sellers.
Bernardo and Jude say, “Stock prices alone cannot adequately determine the secret signals and their accuracy.
“Volume data is very useful in this environment,” he said.
Therefore, analyzing stock price and trading volume together can help determine whether the relationship between stock price and trading volume supports or contradicts the stock price, and consequently, provide insight into future stock price movements.
"Investing with Volume" imparts valuable wisdom through the author's groundbreaking concepts and revolutionary volume analysis.
It also helps you improve your trading skills with new ideas and tools you won't find anywhere else.
Trading volume is a lie detector that detects the truth in the market!
“Volume tells us how confident investors are about the current stock price, as well as the strength and extent of that confidence.
The utility of this volume is superior to that of any other indicator.
A "lie detector test" using market volume can help identify trends more quickly and accurately.
This puts you in a prime position to capitalize on the profits that trends offer.”
Through "Investing with Volume," you'll learn how to diagnose the forces of supply and demand, how to identify market narratives through volume data, and how to analyze volume and allocate portfolio assets.
Charles Dow Award winner Buff Dormaier explains everything he has learned about volume analysis in this book.
He has been working in the securities industry for over 15 years as a financial advisor, analyst, and portfolio manager.
We have also developed many volume-based indicators, including the Volume-Weighted Moving Average, the Volume Price Confirmation Indicator, the VPCI Stochastic, the Half-Volume Stop-loss, the Trend Thrust Indicator, and the Market Capitalization-Weighted Volume Index.
Additionally, we have developed customized strategies designed to help our clients achieve and exceed their goals in uncertain markets.
Trading volume is the power of stock prices!
A proper understanding of volume analysis empowers you to delve deeper into how markets work.
Trading volume is a source of liquidity, a touchstone for diagnosing the truth of a stock price, and evidence for measuring the truth of information.
Trading volume proves the validity of a stock's price and plays a crucial role in analyzing a stock.
Technical investors can use this volume as an indicator of stock price quality.
There is only one reason why stock prices rise.
Because demand exceeds available supply.
Conversely, if available supply exceeds demand, stock prices fall again.
In this way, trading volume weighs the forces of supply and demand that shape prices, reflecting the flow of money into and out of the market.
Volume analysis provides an excellent perspective on the internal structure of a market, revealing much that other forms of analysis cannot.
This book, "Investing with Volume," provides tools and concepts that can enhance investors' ability to judge the market through volume analysis, a skill that many overlook.
The indices and trading volume of a specific stock can be easily tracked.
However, few investors have the skills to properly understand and utilize that information.
"Investing with Volume" explains in detail the fundamental concepts that make up volume analysis.
Additionally, by combining numerous indicators and volume used in today's technical analysis, we will provide useful indicators necessary for analyzing trading volume, such as moving averages of trading volume, volume oscillators, intraday volume accumulation indicators, price range and volume indicators, tick-based volume indicators, and volume price confirmation indicators, to help you trade more effectively.
Predict future stock prices with trading volume!
Just as you can't properly evaluate a stock price without trading volume, you can't properly understand trading volume without stock price.
By looking at stock prices and trading volume together, you can obtain accurate information about supply and demand that cannot be obtained from one alone.
So-called market experts say that the market is rising because there are more buyers than sellers, or that the market is falling because there are more sellers than buyers.
But they have a serious misunderstanding about market movements.
The number of shares always equals the number of shares sold, which equals the total amount of shares traded.
Therefore, trading volume refers to the number of shares traded between buyers and sellers.
Bernardo and Jude say, “Stock prices alone cannot adequately determine the secret signals and their accuracy.
“Volume data is very useful in this environment,” he said.
Therefore, analyzing stock price and trading volume together can help determine whether the relationship between stock price and trading volume supports or contradicts the stock price, and consequently, provide insight into future stock price movements.
"Investing with Volume" imparts valuable wisdom through the author's groundbreaking concepts and revolutionary volume analysis.
It also helps you improve your trading skills with new ideas and tools you won't find anywhere else.
GOODS SPECIFICS
- Date of issue: January 30, 2018
- Page count, weight, size: 408 pages | 709g | 153*224*28mm
- ISBN13: 9791188279081
- ISBN10: 1188279084
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