I've asked a couple of my colleagues at work what is considered a Low Volume for a NASDAQ stock and they all gave me different answers. they say you shouldn't trade with low volumes because its hard to get in and out of. but what is considered a low volume? (eg. 500,000 or 1,000,000) Lets say I'm a Pattern Day Trader trading with the NASDAQ SM. should i be trading with stock with volume of at least 500,000 or 1,000,000 or what? Regards Ken
======= Seldom if ever swing /position trade any stock under average daily volume; of 1 million and fills are important but not even a priority for me. However IBD has an approximate goal of 100k vol. MTH had average vol of 5ook , the pattern /sector was so strong; tried it ,didnt like that low volume, even though my plan doesnt forbid it. Your friend s have a good point; In a multitude of counsellors there is safety -Solomon, trader/investor king