Trading on Volume: The Key to Identifying and Profiting from Stock Price Reversals

About this book

Techniques to use trading volume as an indicator of market direction Trading on Volume is the first serious analysis of how to employ this accurate tool in todays fast-action trading environment. Specifically it details how traders can pinpoint the rise climax and fall of the activity of market participants and dramatically increase their opportunities to buy near stock or market bottoms and sell near tops. Trading on Volume describes the basics of volume discusses the value of behavioral science in understanding volume and then provides actual market-tested techniques and strategies. Longtime market analyst Don Cassidy presents specific techniques to use volume to trade more efficiently including: Volume crescendos volume spikes and crowd formation and dispersion How volume reveals market trends and trader psychology Practical applications using stocks and exchange-traded index funds