Volume is one of the most underrated indicators in stock analysis. I do not mean that traders and investors don’t look at Volume before making their trading decisions. But when it should be on the top of their checklist, it either strays at the bottom or gets completely ignored. Traders love to put many indicators and overlay on their charts. By doing so they are spreading their focus too thin in all directions. I am not against these indicators at all. They are useful in their place. The Volume I will talk about in this book is also an indicator. But what matters in trading, or say in any area of life, is Focus. In trading, your bird's-eye focus should be on Price Action and Volume. In this book, we will see how you can use Volume in a short-term positional trade which can give you a 15-40% return in a month. We will also see how you can use Volume as your only guide for finding Multibagger stocks that give you 1000 % and more returns in a couple of years.
Book is written well and a timely reminder to reset out focus. Simple, short and effective. Quick read. Can be finished in an hour, if you are a voracious reader.
I read it after his power candle book so nothing much new.
Very very basic info that could be told in 1 page 😮💨.
Rules:
* Today ( Day 1) must be a 52-week high (other key areas - breakout of resistance, Moving Averages (20 EMA, 50 EMA, 200 EMA)
* The candle formed today should be long and close at or near the top of the day’s range (very small upper wick compared to its body) (Candle can be bullish engulfing, bullish piercing, hammer but Never a doji or bearish candle)
* Today’s volume should be more than double the average daily volume of that stock over the past month (The larger the breakout day volume the better)
* And volume should surges for days together (atleast 2-5 based on the examples provided), If you want to have multibagger stocks.
Entry - Buy the stock on Day 2, one point above the Day 1 high. (A small gap-up is of no concern. Just wait for the price to sustain above the previous high for 15 minutes and take your entry)
Stop loss - below the low of the breakout day candle (Day 1). (But if you see a high volume selling the day after your entry just raise your stop loss below the low of the breakout day candle)
- by saying "raise your SL below low of Breakout day candle", author meant day 1 or day 2? if it's day 1, why? cuz it's already there only 🤷 - In the end, he also said to cut losses at a maximum of 10%
Exit - 50% exit at 20-25/30% gain and rise your SL to your purchase order and Allow your winners (remaining 50%) to run 50%, 100%, 200%, and above.
In the end, Author shared 2 of his own trades he took.
In 1st one, said that he gained 300% in 9 months but he only mentioned his entry.
In 2nd one, he said stock rises 2300% in just 2 yrs, but author exit 50% shares when it rises 330% in 3 months (yes it's huge enough) and allowed the remaining half to ride the trend. But didn't tell when he exit the other shares.
What's the problem is that there will be so many such trades in each strategies. So, they should say how much we or he could have gained if we followed the each proposed exit strategy in the examples shown to make it useful.
I recently finished reading this concise yet powerful book on breakout trading, and I was impressed by how much valuable insight it packed into fewer than 50 pages. The author gets straight to the point, making every section practical and easy to understand. What stood out most to me was the clear explanation of the importance of volume in confirming breakouts. It helped me see how volume can signal the strength of a move and provide confidence when entering trades. The book didn’t just stop at theory—it also laid out well-defined entry and exit rules, which made it incredibly actionable. Overall, this is a great read for anyone interested in improving their trading discipline and strategy without wading through unnecessary fluff. It’s short, focused, and filled with lessons you can immediately apply in real trading situations.
You may know so many things and chart patterns but sometimes you may feel overwhelmed due to information overload. In the process there is a high chance that the very basic price action based trading is ignored. That's when you need to look for someone for guidance just to clear the clutter. This book exactly does that. Thanks to the writer for helping me in rewriting the concepts in my brain again and making it clutter free
The author has done a great job. Each point is explained directly to the point . For beginners, more pointers like entry, exit, and stop loss with examples would have added more guidance. In case the author has a plan for revised edition, please consider this point. B A VISWANATHA
Though I am a somewhat experienced trader I picked up this book to learn a new thought process. I was not disappointed. I always look at the volume with other signals but in this book the entire emphasis was just on volume which was great. Good book to pick up if you are new to trading.
This book talks about catching stock breakouts strategies purely on volumes. I particularly like chapter on catching multi baggers early through weekly volume reading. Overall good book on importance and how to trade bsed on volumes
Excellent ideas, momentum, volume, 52 week high, breakouts, and have an entry and exit strategy. I wish it had more charts, candle patterns, and more examples
Book is very nicely written covering valuable basics in a very lucid manner supported by examples. It really very interesting and keeps one engaged in learning volume based concepts.
Jayesh has hit it out of the park again. He does a great job explaining his concepts and the information is easy to understand. No dead wood in this book. Many thanks to this author.
Must for everyone. Especially the multibagger concept used with weekly charts. Really helpful in combination with chart patterns like rounding bottom or cup and handle.
This is one of the clearest and most practical trading books I’ve read. The author does an excellent job of breaking down how to use volume indicators in the market to identify high potential stocks with straight to the point explanations of the concept and clear chart examples. You don’t need to be a technical analyst to follow along, the book is written in a way that even beginners can grasp and apply the strategies quickly. The author covers key volume concepts, like volume breakouts, accumulation phases, and volume-price confirmation, in a way that feels accessible but not overly simplified. The strategies are practical and ready to use, and the setups are explained clearly without unnecessary complexity. If you're looking for a straightforward, well-organized trading book that teaches you how to use volume effectively, this is it. Whether you’re new to trading or looking to refine your edge, this book is a valuable addition to your trading library.