Conquer one chart on the VWAP.
And you can target the entire market.
Often times with the VWAP Watchlist, I will send you a slew of names that you can keep an eye on and use the VWAP to trade it to your liking.
How I pick my one-play charts is all around volume and seeing exactly what they’re giving to me.
I’ve said this many times before: if you have a trade you like, stick to it and don’t worry about anything else.
I myself will often have 3 or 4 different names maximum that I will try and play during the day.
They rotate out, but often times the same names will be on my radar for days, weeks or even years.
Take QQQ for instance.
Why would I trade the Q’s instead of Big Tech names like Facebook, Amazon or Microsoft?
Because they’re much more liquid.
And the options that you can trade off them are nearly identical to trading the stock.
You trade your options, snag your profits…
And then maybe do a lottery play with the winnings you have to try and get some more out of it.
You never, ever trade lottos on the first trade of your day.
Stick to what’s going to get you that money, and then try and get a little bit more.
The trades that have worked for me lately you can see on my watchlist.
But we’ve lately been making a killing off of three symbols in particular: VERU, ISEE, and RIVN.
If you have no where to start and you want to give this a shot…
Use the VWAP to trade just one name at a time.
And see what symbols work for you in particular.
I’ve been killed lately by Bed Bath and Beyond (BBBY) for the last 6 trades.
So I’ve banned it from my personal list.
That doesn’t mean it won’t work for you.
You could make a killing off the moves in BBBY as well.
But because it hasn’t worked for my style and how I trade, I’m not touching it with a 10-foot pole.
September 13 2022