072: Rob, @DiscoveryTrader – Why Risk Management is King, and Why Gambling Isn't Such a Dirty Word
Chat With Traders
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The Importance of Volume in Trading
It's everything, not just total volume necessarily, but whether the volume is predominantly aggressive to the bid side or the offer side. What that volume is and where it comes from is definitely rooted in fear and greed. If you start thinking about markets as if they're random, it can pave the way to kind of understanding how edge can be created through risk models. Right. No, I imagine that's a really good point that you added on there at the end. So thanks for doing that.
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