There are a variety of technical indicators for traders to choose from. For Cutworth, one factor stands out above all others: volume.
“A lot of franchises don’t look at volume. They say it all depends on price action… but volume is the basic criterion,” Worth Charting founder Worth, who has more than three decades of Wall Street experience, told CNBC’s Dominic Chu in this segment. Special professional lecture discussions open to all readers. “The study of volume and price-volume correlation is the single most important thing one can do if one wants to do pattern recognition and study price action and try to profit in the market.”
“(Philosophers) Camus and Sartre believed that existence preceded essence, and in the market, quantity precedes price,” he added.
(Pro subscribers can Watch the full interview here.)
In this interview, Voss said:
- How his financial career began
- His method of chart analysis
- The importance of clear time horizons for investors
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