Jump to content



Photo

Beware of Illiquid Markets


  • Please log in to reply
4 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 25 November 2015 - 08:47 AM

UVXY - 22M traded .... huh? :huh: BAC - 56M ? GDX - 67M ? SPY - 94M? But QQQ only 61,000? :blink: USO - 37M? Sure we have oil inventory, but REALLY ? :o
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 Harapa

Harapa

    Member

  • Traders-Talk User
  • 1,279 posts

Posted 25 November 2015 - 08:58 AM

UVXY - 22M traded .... huh? :huh:

BAC - 56M ?

GDX - 67M ?

SPY - 94M? But QQQ only 61,000? :blink:

USO - 37M? Sure we have oil inventory, but REALLY ? :o

I think you need to check your data source as above is not corroborated by NASDAQ Official Web Site
Here is what it shows for UVXY:
Pre-Market Volume: Pre-Market High: Pre-Market Low: 145,438 {:content:}nbsp;28.49
(04:00:07 AM) {:content:}nbsp;27
(05:57:00 AM)
Read more: http://www.nasdaq.co...t#ixzz3sVlgZAdf

My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.


#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 25 November 2015 - 09:06 AM

We will see what the ticker says after the market opens. Nasdaq may only reflect the shares traded premarket on their own bourse.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 tommyt

tommyt

    Member

  • Traders-Talk User
  • 5,136 posts

Posted 25 November 2015 - 11:18 AM

UVXY - 22M traded .... huh? :huh:

BAC - 56M ?

GDX - 67M ?

SPY - 94M? But QQQ only 61,000? :blink:

USO - 37M? Sure we have oil inventory, but REALLY ? :o



Semi, this is the same almost every single year around the holidays...most should know this by now. Its also generally pretty hard to make on the short side in this same timeframe, most should know that also but still continue to fight it.

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 25 November 2015 - 12:01 PM

Yep, they can turn on a dime... And stop on a $5 Bill. My trades these days are measured in minutes... I decided not to worry about how much I make on trades, and concentrate on the # profitable trades... So far it's working I am 12/15 for the month, the money takes care of itself. Be prepared to take pennies losses, and don't take drawdowns, which generate brain damage.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics