#Liquidity101 without abstract statements and phrases. If there is no liquidity, the market does not breathe but groans. There is generally no point in trading within the day. One can just sit and smoke all day and earn a couple of cents.

If liquidity exists, it can be too high. The market is running. You can lose a mountain of money at such speed.

In the end, a norm is needed, an inhale and an exhale. Then technical analysis works, and one can set stops and profits. Wishing everyone profits, by the way.