Keep It “100” in Warlock’s World
Hello, VWAPians!
Welcome to what a REAL market looks like.
One day up, two days down. Two days up, one day down.
This kind of trading environment is REALLY easy to lose your hat in.
That’s why RIGHT NOW IS THE MOST IMPORTANT TIME TO BE A MEMBER OF Warlock’s World.
And if you want to see what I’m all about, join me today in the BIG ROOM today at 1 p.m. ET!
Not only is the market choppy, but there’s STILL stocks reporting earnings.
And my signature 1-minute multiday VWAP reversal trade ons stocks that have reported earnings CONTINUES to remain a CONSISTENT winner.
This ain’t no 50/50. For me so far this earnings season, it’s been more like 99/100.
That’s almost guaranteed.
For example, yesterday in Warlock’s World, I had a winning trade on Palantir (PLTR) after the stock reported earnings.
PLTR broke VWAP after reporting earnings.
PLTR broke VWAP at $12.25. Less than 15 minutes later, the stock hit what would be it’s high of the day of $12.64.
While a $0.40 move might not seem like much, on a 1,000 shares, that’s $400 in profit. Not bad for less than fifteen minutes.
Oh, and that was less than an hour after the market had opened. There was still a TON of trading day left.
There was still time to trade VWAP reversals on stocks that reported earnings on names such as Nvidia (NVDA).
And THEN there was what my man 8-Ball was able to produce.
This was pure insanity.
8-Ball was taking a look at a stock that I had my eye on throughout the day, Inspirato (ISPO).
I’ve never heard of this stock and have no idea what this company even does.
And I don’t really care!
The only thing I care about was the MASSIVE amounts of price action that ISPO had.
The stock gained over 600% on Thursday!
But intraday, there’s NO WAY anyone could have known what the stock might have done, especially when it’s already up SO MUCH and MILES away from VWAP.
No one could have known…unless they PAID ATTENTION to 8-Ball during the Daily Decode, ONLY in Warlock’s World.
Just LOOK at what 8-Ball was able to accomplish in REAL TIME.
The charting magic of 8-Ball.
This chart is CLASSIC 8-Ball.
He did this in REAL TIME as the price action was progressing. You know what this is? Constantly re-defining the trade.
As he would say, this means that he could enter a trade on this crazy stock with NO FEAR because the trade is RISK DEFINED.
When Algo8 first started breaking down ISPO, the stock had a daily high of $66. By the time he was done that high was $108!
On 100 shares – not 1,000 only 100 – that would have been a $4,200 profit.
THINK ABOUT THAT. $4,200 on a SINGLE. TRADE.
Only 100 shares and your Warlock’s World subscription is paid for.
Now, of course it’s not every day that there’s stocks rising more than 600% like ISPOdid on Thursday.
But when these crazy names start to take off, there’s no getting left behind. As long as you do as 8-Ball teachers and constantly redefine the trade, you’ll have defined risk.
Defined risk means that you can trade with no fear.
The best way to begin defining your trade is to chart significant price levels.
That’s just the beginning. The next best way to define your trade is to learn how to get granular on your charts.
And that’s something that you’ll ONLY get with 8-Ball and ME in Warlock’s World.
Like I said, this ain’t no 50/50. Especially when 8-Ball and I “keep it 100.”
That’s all for now, VWAPians!
I’ll see you in the BIG ROOM at 1 p.m. ET!
Kenny “The Warlock” Glick
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February 18 2022
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