Trump Media and Tech Group (NO Politics Allowed) (DJT)

[Oracle]

Many tickers do large weekly numbers, dollar volume is just a stat. But those trades are over, what matters is what happens next and how you play it. Don't get impressed by numbers, it's what the brokerages and hedge funds want you to do. It's the bait, past deals can't turn profits anymore.

FORD (F) did $3.65 B in volume TODAY alone (146 M shares x $25/share) - $16 B in volume this week.
BBIG did $3 B in dollar volume this week (a $4./share ticker!)
UVXY did $4.9 B in volume this week (as it does almost every week).
AAPL did $70 B in volume this week ($14 B in volume TODAY only)
DWAC did 8.9 M shares today, $4 B on the week, respectable.

It's just numbers, which get inflated by traders, who aren't buying and holding that many shares, just flipping, flipping, flipping. I've flipped as many as 819,000 shares of AMC myself, in a single day, when it was $50+/share. That's me alone flipping $42.5 Million of volume in a single session, not all at once, just the same $150 K over and over again. It's just numbers.

DWAC did $623 M today, which is good, but not unusual by any means. Focus on the trade, not the "stat bait." What matters is only whether you grew your account with profits or not, from any ticker, any way they come, and certainly hoping you did!

Important to keep a level head about this stuff all the time. "Emotion is the only reason traders lose money."

Happy trading!