{"id":258,"date":"2008-12-15T12:25:27","date_gmt":"2008-12-15T17:25:27","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=258"},"modified":"2023-04-10T17:03:42","modified_gmt":"2023-04-10T21:03:42","slug":"light-volume","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/light-volume","title":{"rendered":"Light Volume"},"content":{"rendered":"<p>The volume was light on the Open. \u00a0GS didn&#8217;t have many real orders. \u00a0During our <a href=\"https:\/\/www.smbtraining.com\/blog\/trader-90-trader-365\">SMB AM Meeting<\/a> we thought GS might find some real orders. \u00a0FCX didn&#8217;t. \u00a0 ABX was pretty strong. \u00a0AET was very strong. \u00a0I traded AET on the Open. \u00a0But even with AET the volume was very light for a <a href=\"https:\/\/www.smbtraining.com\/blog\/trader-90-trader-365\">stock in play<\/a>. \u00a0So what do we do on days like this?<\/p>\n<p>1) Make sure you trade a Stock in Play<br \/>\n2) Reduce your tier size<br \/>\n3) Do not trade midday<br \/>\n4) Tighten your stops<\/p>\n<p>There was unusual buying in AET at 22.42 when the market was very weak. \u00a0AET was much stronger than the market. \u00a0I started accumulating there. \u00a0There was a nice buy order at 22.42. \u00a0AET traded to 22.80 but failed there a few times. \u00a0I lightened up. \u00a0 And then AET broke 22.42 so I go flat. \u00a0At 22.15 again there was unusual buying. \u00a0 So I bought some back. \u00a0And AET traded strongly above 23.<\/p>\n<p>During the midday find some stocks that will be in play into the Close. \u00a0There may be some positioning before the Fed tomorrow. But choose wisely. \u00a0It&#8217;s a little light out there.<\/p>\n<p>Good luck with your trading.<\/p>\n<p><a title=\"AET Intraday Chart\" href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2008\/12\/aet-intraday.bmp\"><img decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2008\/12\/aet-intraday.bmp\" alt=\"AET Intraday Chart\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The volume was light on the Open. \u00a0GS didn&#8217;t have many real orders. \u00a0During our SMB AM Meeting we thought GS might find some real orders. \u00a0FCX didn&#8217;t. \u00a0 ABX was pretty strong. \u00a0AET was very strong. \u00a0I traded AET on the Open. \u00a0But even with AET the volume was very light for a stock in play. \u00a0So what do &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/light-volume\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4676,30,18],"class_list":["post-258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-day-trading","tag-prop-trading","tag-smb-capital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Light Volume | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/light-volume\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Light Volume | SMB Training\" \/>\n<meta property=\"og:description\" content=\"The volume was light on the Open. \u00a0GS didn&#8217;t have many real orders. \u00a0During our SMB AM Meeting we thought GS might find some real orders. \u00a0FCX didn&#8217;t. \u00a0 ABX was pretty strong. \u00a0AET was very strong. \u00a0I traded AET on the Open. \u00a0But even with AET the volume was very light for a stock in play. \u00a0So what do ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/light-volume\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-12-15T17:25:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-10T21:03:42+00:00\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Light Volume | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/light-volume","og_locale":"en_US","og_type":"article","og_title":"Light Volume | SMB Training","og_description":"The volume was light on the Open. \u00a0GS didn&#8217;t have many real orders. \u00a0During our SMB AM Meeting we thought GS might find some real orders. \u00a0FCX didn&#8217;t. \u00a0 ABX was pretty strong. \u00a0AET was very strong. \u00a0I traded AET on the Open. \u00a0But even with AET the volume was very light for a stock in play. \u00a0So what do ... 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