Welcome to Extreme Investor Network, where we provide exclusive insights and analysis on all things finance. Today, we are diving into the world of technical indicators with a focus on volume, a key factor that often gets overlooked by traders.
Carter Worth, the founder of Worth Charting with over three decades of experience in the financial industry, believes that volume is the essential criteria when it comes to making investing decisions. In a special Pro Talks discussion with CNBC, Worth emphasizes the importance of studying volume and price volume correlation for successful pattern recognition and profitable trading.
Worth compares volume to the concept of existence preceding essence, stating that in markets, volume precedes price. This unique perspective highlights the significance of volume in driving investing decisions and understanding market trends.
In the interview, Worth shares insights on various topics including his career in finance, his approach to chart analysis, and the importance of having a defined time horizon for investors. His expertise and focus on volume as a critical technical indicator set him apart in the world of finance.
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