Sir in some of your earlier videos (for example the one titled Can I Trade Based on Bid and Offer Quantity of Stock) you said that if price is king then volume is queen, and unfortunately in stock market king do not listen to queen. Meaning there is no particular correlation between price and volume.
However in your recent videos, especially in the stock talk series, you have given good emphasis on volume as well.
I want to know if there is any particular reason or incident that have made you change your view regarding volume and give it good consideration that you were not giving earlier?
This is very basic query…There is NO change in my view..You are confusing bid and offer quantity with the volume. Both are TOTALLY Different from each other.
Bid and Offer quantity is an intent of a buyer or seller to buy or sell a stock whereas volume is the actual traded quantity i.e. no of trades executed. A bid or offer qty might be 1 Cr each but actual volume might be only 1 lac. It is not necessary that all the bid or offer quantity will convert into volume.
Also, i request you not to post any basic queries in this forum. This forum is only for Serious Learners.
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