easy · Volume Spread Analysis supply-demand-smart-money

In VSA, what is the definition of a 'Weak Holder'?

  1. A long-term investor who ignores daily volume fluctuations
  2. A professional market-maker who is legally obligated to provide liquidity
  3. An under-capitalized trader who acts on emotion and is easily shaken out
  4. A trader who only uses technical indicators like the RSI

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