BlogAugust 28, 2024Michael Covel

“I trade trends but I never use volume…”

Feedback in:

Hi Michael,

Thank you for your interesting site, which I have visited often for a number of years.

I have read the book “Humphrey Bancroft Neill: Tape Reading and Market Tactics” from your site.

My question is just, why is this book relevant for trend following? The book talks mostly about volume. I trade trends but I never use volume for determining my trades.

I also saw that you previously have answered a feedback on volume with the following link.

Regards,
Kim

Trend following is not about volume indicators.

Learn the rules behind trend following, and the systems to apply them.

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