Carter Worth highlights the critical role of volume in trading analysis

Carter Worth, the founder of Worth Charting, believes that volume is a crucial factor in technical analysis and considers it the most important indicator for traders.

In a recent discussion with CNBC, Worth emphasized that many traders tend to overlook volume and focus solely on price action. He argues that understanding the relationship between volume and price is essential for effectively recognizing patterns and achieving profitability in the market.

Worth draws a parallel between this perspective and the philosophical thoughts of Camus and Sartre on existence and essence. He also shares insights into his career beginnings, his unique approach to chart analysis, and the importance of having a defined time horizon for investors.

For more in-depth insights, Worth's full interview is available to CNBC Pro subscribers, providing exclusive analysis and live programming from around the world.

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