Beware of Illiquid Markets
Started by
SemiBizz
, Nov 25 2015 08:47 AM
4 replies to this topic
#1
Posted 25 November 2015 - 08:47 AM
UVXY - 22M traded .... huh?
BAC - 56M ?
GDX - 67M ?
SPY - 94M? But QQQ only 61,000?
USO - 37M? Sure we have oil inventory, but REALLY ?
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
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
Posted 25 November 2015 - 08:58 AM
I think you need to check your data source as above is not corroborated by NASDAQ Official Web SiteUVXY - 22M traded .... huh?
BAC - 56M ?
GDX - 67M ?
SPY - 94M? But QQQ only 61,000?
USO - 37M? Sure we have oil inventory, but REALLY ?
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
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
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
Posted 25 November 2015 - 11:18 AM
UVXY - 22M traded .... huh?
BAC - 56M ?
GDX - 67M ?
SPY - 94M? But QQQ only 61,000?
USO - 37M? Sure we have oil inventory, but REALLY ?
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
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
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