Why I Started Using This Day Trading Indicator (the best!)
ฝัง
- เผยแพร่เมื่อ 8 ธ.ค. 2019
- Whether you are day trading or swing trading, when it comes to what technical indicators to use, there are many to choose from. This can be a very overwhelming challenge for beginning traders who are just getting started in the stock market; however, it does not need to be. I have been trading stocks for over a decade and the one secret I've discovered is that "less is more". You do not need to have dozens of technical indicators in order to be a successful trader. With all that being said, I have recently started using a new indicator that I have found to be extremely helpful. The Volume Weighted Average Price (VWAP) indicator has been around for a long time, yet, I just started to use it (with great success). What is the VWAP? How does it work? I discuss this along with my reasoning for deciding to use what many other traders consider the best technical indicator to use within a day trading strategy.
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When someone , graciously, takes the time out of their day to educate you like this it means that they really care!
Thanks for the kind words
@@claytrader
Anytime brother.
That's the least I can do for someone that occupies a few hours of my weekends helping me become a better trader.
ps
Besides, it distracts my mind from the pain of being stuck in a wheelchair.
THX
@@cardio10101 cheers and sorry to hear of your situation
Awesome video for beginners
@@ericspaniol2219 cheers Eric
Clay your chalk board skills are fantastic, very satisfying to watch
Took me years to perfect. Truly an art.............................
ClayTrader can you share what you use??? I mean it looks like a whiteboard marker.
The noise hurts my soul
@@Misspotat so sorry!
Must be nice... I’m left handed ☹️
I have watched several of your videos . That being said this is the one that got me to sub to you. The fact you can admit to a mistake or what you perceive as one earns my respect.
Welcome to the channel Jack!
I've been day trading since last May. My husband and I use the VWAP to find our entry points. I agree with what your saying, nice job.
Thanks for sharing!!
I love how real this video is....I almost clicked on another video as my ADD kicks in and I honestly enjoyed how real you were and how I could relate to it myself and the similarities as to a logical mindset is concerned as well. Thanks Clay!
Thanks for the feedback Ty!
"Prices below tend to rise back up, prices above tend to *rise* back down. Cheers.
roger that!
Thanks u saved me up 13 mins :D
@@rudon9070 lol.... and then people blame the markets being rigged... no way it could be people are looking to cut as many corners as possible
@@claytrader i guess he meant to say, rather than *rise* back down it should be *fall* back down :P
@@adityavikrammittal4396 perhaps!
Just watched this 2 years after you posted it...I finally understand what VWAP is. Thank you so much Clay! I am still learning what the heck I am supposed to do as a trader, from setting up my trading app to what trading setup to use. I’m clueless, but I won’t stop learning. Thanks to you, I’m inspired to learn more!
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
@@claytrader registered for the class :)
@@brynerlee great!
@@brynerlee Have you attend financial independence yet?
Definitely gonna try. Thank you for everything. I just started but you've already helped many more than others and I made a good day on KO Monday morning because of you so thank you.
Thanks for watching!
Be curious to know if you're still making money day-trading or if you burnt out? What's the true ROI on content like this?
@@richardhp77 Love the follow up. I myself have stopped day trading. While I was finding some success I could wrap my mind around what was actually happening in the sense of perceived value vs actual. The market seems manipulated and it's pretty apparent when CEO after CEO cashes out at the exact right time, time after time. I managed to find the most success just watching what the rest of the new folks were doing in the comment sections of videos and riding their emotional wave. Doing that helped me hit on Moderna and a couple SPACs and then I just sold out right away. Now I'm sitting on a ton of profit that I have no idea what to do with. XRP? Gold? Chinese digital? Haha. I've switched temporarily to sports cards cause it's a little more fun and a lot less stressful. Definitely appreciate the follow up and the content while I invested it. Enjoy the day.
@@SoSoSlick420 Ok that's interesting. My feeling is that you are probably in the minority in that you actually made a profit, but even then you've highlighted something very important: that doing it consistently over time is much more difficult. This idea that you can easily quit your 9-5 and do day-trading seems like a fantasy.
You also wonder how much of Clay's revenue comes from actual trading and how much form his $2000 courses. One is obviously a much more reliable stream of income. Also how can he be promoting this use of the VWAP without providing any back-testing to show that it's even remotely likely to lead to a profit? And if it was that simple to just look at some indicators and make a mean bank why hasn't that extraordinary profit been arbitraged out of the market yet?
@@richardhp77 You sound just like I did awhile back too when I was questioning it all. All I know is, I did much better playing the moves of the folks in the comment sections then I did anything else. But even then it was the market movement after-hours that drove me out of the daily grind. And also, I took massive hits in the beginning so my making a profit was getting me out of the whole and back to barely above water.
Best explanation of vwap I’ve seen so far. Excellent video
Thanks Michael. Glad you found it helpful.
I just added VW too my charts this year, even though I had heard about it, too. Very cool indicator.....fun to use it both long and short in combination with other indicators. Btw, don’t beat yourself up, as it took me hearing it from a trader that I truly respect before I would even look at it. We all them there thingy’s called an EGO. The cool thing is we have the opportunity each trading day to have a check-in or chat with the EGO. And more amazingly, you are actually willing to be authentic about it! Keep up the great work!
Thanks Dianna!
Dianna, what are you using where you could the vwap too your charts?
Clay, you have awesome teaching skills. For someone new to this, I am slowly starting to get a grasp of what you are talking (there are other channels where stuff just went right over my head). Thank you for the effort you put in, I really appreciate it.
Thanks for watching!
Clay, an additional important support line (for long trades) based on VWAP is a band -1.0 SD (Standard Deviation) below VWAP. Some platforms default to VWAP plus a high band at +2.0 SD and a low band at -2.0 SD. And most VWAP videos tell new traders to eliminate the upper and lower bands. That is a mistake, IMO, as they show support and resistance and are helpful in making good entries and exits. That said, I do recommend that the low band be raised from -2.0 SD to -1.0 SD. The reason is that if VWAP itself has a support strength of 4.6, then -1.0 SD has a support strength of 5.7 whereas -2.0 SD has a support strength of only 1.8. What this means is that if the price falls below VWAP it stands a very good chance of bouncing off that -1.0 SD line.
If your platform allows you to add a lower band below VWAP I suggest you add one at -1.0 SD and watch to see how often that line is the price reversal support area ("bounce"). In my experience, as you can see from my numbers above, it is even stronger than VWAP itself.
Try it...you may like it.
Cheers!
Thanks for the thoughts!
Yes the upper and lower bands help a lot on the 1M chart. Not so much larger daily time frames. IMO
Hi! What about the upper band, do you leave that at 2.0 SD or change it to 1.0?
Also , what are you refering to with the “support strength “ ?
Thanks
@@johannesandreasgribfibiger6677 Johannes, I have recently modified both my support bands to be below VWAP as I am a long only trader and am looking for the lowest price support before making an entry. I have now set the "upper band" to -1.0 SD, and the "lower band" to -1.5 SD which gives me an additional support level to watch.
"Support strength" indicates to me which level is stronger when related to each other. (VWAP = 4.6, -1.0 SD = 5.7, -1,5 SD = 3.1, and -2.0 SD (which I do not use) = 1.8)
They only have meaning when compared to each other. For example, if the price falls below VWAP, which has a strength of 4.6, then the next level down is -1.0 which has a stronger support at 5.7. Below that the supports get gradually weaker and reversals are less likely to happen.
Hope that helps. Cheers!
@@perkinscove1640 it certainly helps !
So I’m assuming the -1.0 level has the highest support strength from your observations ?
Do you look for any price action at these areas or any other confirmation?
Also, since the comment is pretty old and you’re still using this method , I’m assuming you are still profitable with it?
Hope it’s not too many questions but I’m very interested in this approach and you seem to have plenty of experience with it!
Cheers!
I like the breakdown, very simple definition of VWAP
Thanks for feedback!
Kaixo! King Yedidyah R: The breakdown is always useful to consider as *education,* whereas, the casino is mostly run by the house, which prints realities, and not charts of art.
agreed & subscribed
@@shortsniper100x3 Clay is great channel to subscribe to. Good Job 👍🏽
Love the color chalk details ! Thanks for simple breakdown
You're welcome. Thanks for the feedback.
Yess👏🏼
I’ve been watching your videos because I’ve been trying to learn more about stocks, and you are by far the most clean spoken person to display this stuff. Very easy to understand and to follow along with what you say, I learned a lot!
I appreciate that!
Damn the content on youtube regarding trading is awesome , and this video is like a gem to the whole crown...
keep the great work going on my friend.....
Thanks for the kind words
Absolutely brilliant! Thanks, I needed the clarification.
Thanks Ronald, glad you enjoyed.
First video ive seen on your channel, and i just wanted to let you know that your quality is astonishing! The second camera is extremely refreshing and listening to you speak is a pleasure. You definetely earned a new sub. Looking forward to binge watching your videos.
Thanks for the feedback and welcome to the channel!
watching in 2021, i love your teaching style. you broke this concept down in a very easy and fun way. i will be watching all of your vids. thanks for being a great teacher.
Happy to hear that!
I've been pretty using it close to a year. VWAP, volume and throwing lines on key support and resistance levels is all I use.
Nice!
@@claytrader he didnt say he was successful he said it was all he uses so nice might be incorrect lol .... just saying
@@rainmanferguson i'm saying it is "nice" that he uses it... stop overthinking things...
As traders, we should always continue to evolve with our trading strategies,well done Clay!
Cheers to that Mike.
Respect to your work and energy man. One of the best coaches out there!
I appreciate that!
Wow....Finally Someone Explains This To Me The Right Way...Thank You So Much Clay. GOD BLESS YOU
You are very welcome
Clay, great video man! Your break down is so easy to understand! Thank you.
Thanks, glad you enjoyed.
Agree !!! Definitely got my like my like button
Clay, I’m a total newbie in the mode of collecting info on day trading and have been listening to all this terminology that I have not heard of before so I REALLY appreciate your detailed explanation of the vwap. Thanks!!
Fantastic!
Thank you, as a "Financial Guy", (I design and build financial systems), I'm getting more into trading, and as one that has done financial training in the past, your videos are actually very good. Thank you for your efforts and you have a nice natural talent to explain these concepts in a clear and concise manner. Great job.
Fantastic!
Talk about the serious stuff!!! Freakin’ love this channel. I just stumbled over this channel, never popped up before. Seen a few and by far, there hasn’t been anyone on TH-cam that explains this dissection like Clay. Die hard follower here.
Newbie to stocks......looking at shorts & options. They seem to be my best fit.
I have plenty of time to burn and just wanted to learn something new. So far, I’ve slowly made money. However, that’s due to the crash. I’d like to really master some type of plan , as it seems that news also effects different industries.
Happy Camper , here.
Welcome to the channel! I appreciate the feedback.
Same here. I thought I was on my Apple TV clicking on a dif video one night after having several drinks and this guy starts day trading... I haven’t stopped watching him since. This is exactly how I want to trade. I’ll eventually end up subscribing to his chat.
The VWAP is awesome in its sheer simplicity, but it's also just the tip of the volume analysis iceberg. I actually rely solely on volume-based indicators, which have the advantage of complementing one another regardless of market conditions, given they're not calculations but merely forms of organizing/displaying volume. My humble suggestion to you, Clay, is that you plot the volume profile of any instrument on your chart and see how clearly they indicate key areas in price - sort of like having several VWAPs in your chart. Big horizontal volume = big commitment = willingness to defend a price level. Great video, best to you!
Thanks for the feedback and thoughts! Much appreciated.
I’m new to trading but I find this post interesting... could you specify some volume based indicators you’d use specifically in conjunction with vwap? Have you learned anything about this relationship over the years?
Great point on the chain reaction theory Hope everybody uses it that way. We can all Increase the chance to make more profits.
Cheers
Brilliant! i can't wait to go try the VWAP! Thank you man!
Thanks for watching
Thanks Clive I am new to this you answered a lot of my questions this is the 4th Video. I did subscribe. Also you take time to explain things in great detail. Thanks again.
Thanks for the sub!
Good video Clay!! I use the VWAP in my trading and I use the RSI to help with entry and exits to my trades. I try to keep things as simple as possible so anyone including myself can use it. :)
Good stuff!
I'm an Indian trader
I use VWAP a lot
Since I'm a Novice, still learning a lot from videos like this
Thanks a lot Global Gurus ♥
👍
Glad you're focused on learning.
Pandeyji my WhatsApp number we can connect 9223181021
What you think macd or vwap?
@@ompatel3901 this claytrader.com/videos/top-5-technical-indicators-all-beginner-traders-should-use-getting-started-with-charts/
You are such a great teacher ! Love how you break everything down for beginners ! THANK youuuu
Happy to help!
Thank you for doing this. You make it nice and clear and it’s easier to learn. Keep doing what you do.
Thanks for watching
Thanks for the great video! Now I believe the market moves just to drive up the VWAP to a certain price. Once it levels out, the volatility fades or the prices stay far above it
You're welcome.
Very useful video, meaningful explanation of the psychology behind it, I like it. Keep up the good work.
Thanks for the feedback Petar. Glad it could help out.
Best explanation ever for the vwap in my opinion ! thank you Clay
Thanks for watching!
I just started using the VWAP a couple weeks ago...your video affirms it’s importance! I see many technicals referring to VWAP in general, so it’s opened my eye’s more than ever.
Glad it could help!
Once I added this to my scanner. I was seeing 40% and up gains each day .
Nice!
I love that you shared this. I started using it after reading Andrew Aziz' book, Advanced techniques in day trading. I think it's critical to view the charts from long time frame to short time frame with having VWAP set up in all of them. It makes it much easier to follow the trend. Love the content Clay.
Cheers and thanks for the thoughts.
I wondered why Clay had never mentioned it after reading both of Andrew's books, but thought it was just a matter of choice
Now you know why... lol....
@@claytrader what is your opinion of the book though? I have not read it yet.
Never read it. I don't believe in "trading books".
I love nothing more than learning from someone who knows more than me but even more than that is learning from someone who is physically fit. You look good in that shirt and you're a very enthusiastic, keep it up my guy.
Thanks for the kind words and I'm glad you enjoyed!
Thanks Clay! Very valuable information and very well explained. This my second video i watch of urs and let me tell u. I think I'm about to binge watch alot of ur videos. Thanks again.
Glad it was helpful!
I'm still a beginner, and this is awesome clay.I love these types of videos since i am still learning but my goal is to follow your philosophy and someday be able to say $500 a day keeps the day job away.Please keep making more of these videos .
Thanks for watching
How is your trading now?
@@off-gridhillbillystyle3735 he's currently going through my training program here claytrader.com/takecontrol/
@@off-gridhillbillystyle3735 to be honest i lost my initial $150 investment and now i'm investing in my training with the trading freedom pathway,it's definitely worth it.
@@qualityjohnmartinez8364 I took a couple losses in the last 2 weeks but gained them back.
Now watching the world drop out again lol. Just ride the wave it'll eventually come back
I am a VWAP virgin Clay.. Lets make some great trades.. Ya Thank You for this great video.
You a member of the community?
@@claytrader nice xplanation! what u think of using a set fibonnaci of vwma,s instead of ema,s?
@@kuverra8715 Kuver, if you want to "talk stocks/trading in general", that's the entire idea behind my private community here claytrader.com/team which you are welcomed to join.
@@kuverra8715 you can also join lots of other FREE communities that dont try to take advantage of new traders. Do your research first for free. Then, and only then, should you decide if youd like to dump your money into someone else's pockets.
You are a good teacher! I love the different marker colors, makes it easier to understand. Thank You!
Thanks for the feedback!
This is the first VWAP video I watched. I have not used it in charting yet, but I feel like this was an excellent introduction. I subscribed before the video was even over. I appreciate your lack of gimmicky bullshit. Very straightforward, informative, and concise. Thanks!
Thanks for watching!
This is great, really well explained. Thanks Clay 🤙🤙🤙
Thanks for watching
Another great reason I love the VWAP for day trading is because it stays the same on all intra day time frames. A regular moving average (Lets say 15 SMA) varies on every time frame, because it gathers the average price from the last 15 candles, now if you're using that 15 SMA on a 1min or a 5min chart the moving average is at a completely different place on the chart. This makes using these basic SMAs and EMAs a weaker confirmation than an indicator that is the same across all intra day time frames like the VWAP.
Thanks for the thoughts!
Indeed
@@Daniel-dz3ls :-)
You can use MA's from different timeframes. If you use a MA from a higher timeframe it actually makes a nice staircase instead of cutting through price all the time.
This is why i chart 4h onto the 15min. Use 16x period multiplier.
Clay, Thanks for explaining VWAP, I will definitely give it a try.
cheers
I remember Michael Parness many years ago talking about the "self fulfilling prophecy"... Lots of truth to that...great vid... thanks so much !!
Cheers
Waxie! I bought his "Rule the Freakin' Markets" book and read it. I thought it was very good. He's a character.
I shamefully never knew about VWAP... This has changed everything. Thank you for the breakdown. Love your content.
Cheers Jonathan!
Thank you Sir, for this informative video, looking forward to checkout your other videos ..... Thanks again, Respect from India 🇮🇳🇮🇳🇮🇳.....
Thanks for watching!
Thank you very much for the time and effort that you put into your videos. Im pretty green to trading, have only had an account for little less than a month. It is a very confusing world in the stock market and I am grateful for any insight I can get. Keep up the great work! I just subscribed
Glad to help!
Hey Clay, that was a fantastic explanation there, Iam surely gonna use it in the light of information that you shared. Appreciate your efforts and your acting skills hahaha. Cheers.
Glad it was helpful!
Actually one of the first useful things that I found on TH-cam to start learning to trade (in addition to your channel of course)... Keep up the great work Clay..
Thanks for the feedback Shawn.
I always learn so much from you. I'm new at day trading and I should have found your channel before losing a few thousand. Wish me luck
Thanks for watching!
@Justin My thoughts on books claytrader.com/videos/want-to-learn-how-to-trade-dont-read-books-heres-why/
Awesome stuff. I"ve been only trading for 6 months and have just been stubborned by not paying that much attention. I found yours and others videos to learn how to use it. I appreciate you taking the time to explain with real world situations and less technical jargon as well.
Glad to help!
Thank you for sharing this information. I'm new to trading and was not aware of the VWAP, which sounds a quite crucial tactic when playing the game.
Glad it was helpful!
Clay, I've been using it since I started, without knowing it was a common rule. I'm pretty new on this about trading, but I'm trying to observe well the numbers day after day.
Good job!
You still winning with this indicator?
I understand and remember things better when I’m seeing it on a chalkboard. Don’t know why. But... THANK YOU!
I agree with you!
I forget it instantly for some reason. But I have found that when I see it on a dry erase board I remember it better.
@@kustomkode interesting
@@claytrader, crazy isn't it? Lol
@@kustomkode indeed!
Thanks for the video Clay. Soon to be part time trader here. Ironically, as an engineer, I use similar weighted averages 🤓. In this case the, for whatever time interval, total $$*Vol/Vol seems it would give an indicator of a "real" price. I can see how you could use this in several ways
Cheers
interesting thought, how could that info of "the real price" be used for trading? what makes it more viable than just regular market price? maybe I'll have to plug that "real price" formula in and compare to the market and see if that reveals any correlations lol
Clay, second video I watch. You are now my new favorite TH-camr!
Wow, thanks!
I've been using the VWAP for a long time. I'm a momentum trader and I have a long bias if above VWAP and short bias if below VWAP because I trade with the trend. I know this is directly opposite of what you explained but everybody looks at the "inkblot test" (charts) differently and an image appears that makes sense to them. The only thing that matters is if the image that appears makes you a consistent profitable trader. Another great thing about the VWAP is you can be rest assured knowing every trader using VWAP, no matter what time frame, is going to be looking at the exact same VWAP price as you (give or take a cent or two).
Thanks for the thoughts Kevin.
Kevin M where do you start your vwap from and do you use it to trade fx, indices, metals, oil etc, or just stocks?
Great visual and explanation!
Thanks William.
Thank you for ur teaching!!! I learnt it but never used it!! So I never learnt it and now I learnt it from you!! I will use it now!!!
Hope it helps.
I really like how clearly and straightfoward you make your explanations, and how your explanations are funny. I've been using vwap for about a year, I stopped using it, not because it wasn't working, but I found it just wasn't giving me the signals I was looking for as much as momentum indicators did and still do. however, I do want to start looking at it again on my charts, because like you said a lot of people use it and in theory it makes sense why they would. I also like how when you don't know the minutiate something works, you just say I don't know and that's okay, because I dont need to know that. Brilliant.
Thanks for watching Jason!
Thanks for the video, Clay, honestly. If I may suggest, make a condensed version of your lessons, as well. While I'm confident there are people who benefit from the small talk, there are also people who will tune into more of your vids, if more to the point. All the best.
If I may offer you some feedback, you should probably stay away from the markets. Your apparent lack of patience is going to cause you lots and lots of frustration and lost money.
@@claytrader Super defensive - Check. Ability to receive sincere feed back - X.
@@lukeschaeffer2551 What? I'm offering you advice. Just because you don't like/agree with the advice doesn't mean I'm defensive.
@@claytrader Years later: Interesting short conversation. What I've hared:
1. "Claytrader: You could improve your channel and views by making shorter clips where the information is condensed.
2. "Luke: If people have such a short attention span, they should not watch watch my Videos, because with this lack of patience they will very likely be slaughtered in the markets"
I think both numbers above are valid, and both come from a different perspective. One is about getting more traction on YT, the other one about helping potential traders and don't care about YT algorithm too much.
Still here I am 2 years later. 1/2 Million subscribers is substantial. If the trading is also successful, which I don't know, this would a well deserved Jackpot :-)
@@yxcvmk thanks for weighing in 🙂
Thank you for explaining that to me like I am 6 years old. I finally understand what it is. Thanks subbing now.
Welcome to the channel!
Fantastic breakdown with examples and explanations. Thanks for making it to the point and not filling it with useless bits. Subbed.
Thanks for the sub!
Clay I wanna thank you for getting me to finally understand vwap
Great! Glad it helped
"I've been using it for 10 years Clay. Welcome to the party"
Seriously, welcome to the party. VWAP is great as a reference point.
Thanks for the welcome ;-)
Robert C yo bro
@@mehulsan77 yo
@@claytrader hey check out this person on tradingview, superkitty uses vwap all the time in a very interesting way
@@superkittybtc are YOU superkitty? lol
Please keep doing chalk demonstrations, this is old school and works so well!! It also works so well because of how you interpret things, got my subscribe!
welcome to the channel!
I'm in the learning phase, and watching your video has given me a better understanding of reading chart patterns. Thank you for sharing....
Thanks for watching!
Every now and then, I come back to watch this video. Excellent explanation of VWAP. It really breaks it down to a small timer like me. Thanks, Clay.
Glad it was helpful!
I’d still like to ask if day traders make more sense than buying stocks and holding for a time what do you think
I believe in diversification, which is why I do both.
@Andrew Johnson thanks for the thoughts Andrew
Ask Warren Buffet
@@sanekabc if you ask Warren buffet, he holds stocks for a long time
Day trade and turn those profits into long turn investments
''You want a good price... D U H'' made me laugh really hard and idk.
:-)
Finally someone broke this thing down in a way that makes common sense. God bless you Clay!
Glad it helped!
great explanation clay ! thanks for the course ;)
Thanks for watching
VWAP is one of the only indicators on my chart.
Cheers to that.
AND WHAT? I DONT GIVE A SHIT U use IT duMASS.
gaurav bhat
The list goes on there are literally thousands of indicators that people believe give them an edge.
I prefer a clean chart and only use simple moving averages and VWAP
Finally someone explains clearly what VWAP is!!!
Glad it could help Rolando.
Good stuff Clay!! I've heard of the VWAP but like you, never really looked at it or considered it. Because of your video I will definitely be using it from now on. Thanks for opening my eyes!!
Glad I could help
One of the most integral additional criteria to consider is the general trend. I would definitely mention that. If you're in an uptrend and price is below the VWAP, instead of relying on VWAP acting as resistance, watch the stock to see if VWAP is broken out of and trade the confirmation if you want to stay on the conservative side.
Amazing video by the way, incredible teaching skills.
Thanks for watching
"When enough people believe it to be true then it's going to work." GME 2021 lolol
indeed!
holding and waiting for moon landing
@@sfkingalpha is the moon in the toilet?
Exactly true!!!
Great explanation ClayTrader ! However I have a question for you regarding the VWAP indicator. Hope you are willing to share your understanding to me.
I got a little bit of confusion with your statement that buying the stock below the VWAP (the majority of the buyer) is considered to be good and buying above the VWAP is considered to be bad.
My assumption is when there are institutions or big players who buy the stock at $20 with such a huge volume, they will have an average buying price within $20 price level. Moreover, in order for them to be profitable they will need to maintain the price above $20 which is their average buying price. In this case, if the price fails to maintain at $20 and breaks below their averahe buying price and VWAP, this will be unfavourable for the majority of buyers and eventually they might consider to sell their positions as it's unprofitable. This potentially puts a further sell off causing the price to drop further from the VWAP level and making it to be unreasonable to buy below the VWAP. What do you think about this?
Thanks in advance ! 🙏
"Now from the top, make it drop..." - When putting the V in the WAP...
Cool
nice one!
To bad she got the DAP
The passion in you for putting this out for us, I couldn't not connect to any other content provided like I did to you ... Please keep doing this
Glad you enjoyed!
I cannot explain how much i love you, for making this video. Thank you sooooo much.
Glad it helped!
Makes me want to go out and buy a chalkboard and some funky markers that writes on chalkboards.
It's fun!!!
Oh dear...🤦♂️ From the looks of these comments... I have a feeling that some didn't get what you were trying to convey. Just imagine how many people are about to buy below,short above,and buy the bounce off of the VWAP. For those who do, hopefully they itleast are looking at multiple timeframes to reduce the pain.
To each their own... I do agree with your overall point though.... there is definitely MORE to trading wisely then simply the VWAP.
You saved me today ! I bought a call. Price drastically went down. I added the VWAP. The price was way below VWAP. Purchased another call. Waited and price came up. Sold both and saved my loss. What a great hero you are !!!!! Praise the lord
Glad I could help!
Second vid i watch from you. So far subscribe. Love it how you explain how hedge funds use VWAP to buy or sale next to it. With a happy customer😄. Looking forward to see you trade live tomorrow.
Welcome aboard!
“Tend to Rise back down”😭 8:15
:-)
Self fulfilling prophecy... Lemmings hire a clown in expectation of a circus.
Something like that
Thanks Clay, great video. Helped a lot as a new trader, I always knew what it was but not exactly. Explained it perfectly now when someone ask me what the VWAP is I know how to explain it as well!
Glad it was helpful!
thanks for the VWAP video Clay---if there is only one indicator to consider this is it----Clay rocks!!!
Thanks for watching Bob!
Stop all these videos, show the live chart and punch the trade....that shows you are using it. :P
Hi Anandha, that is here claytrader.com/video/live-trade/
A really good video, trading has been a huge source of income to me this past five months after investing with a professional.
Thanks. Glad you enjoyed.
Can u help me mr.john
How
I just loaded the VWAP. Following the herd is a smart thing. The herd drives the prices. Thanks for taking the time for teaching me something new.
Glad to help
I just applied what I learned about this video, and I observed myself that I'm not chasing shares anymore above the VWAP. FOMO is really something hard to resist and it bit me hard.
BTW.. Thank you for these kind of videos.
Good stuff!
You are the best teacher for us beginners, thank you it's awesome clear !!
Thanks for watching!