Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ 📈
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💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
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Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
All right. So this is a video lesson on V Web Volume weighted Average Price I Use V whap a lot when I'm trading because it gives me a better picture of the average price of a stock over the course of the day then simple or exponential moving averages. The reason is because the V whap the volume weighted average price takes into account the amount of shares traded at each price. So if you look at a stock like T Mus, we have this big rip in the last last half hour, but the average price traded over the course of the day even though it's increasing during this period, it's still much lower than the current price.
So when you factor in the number of shares traded at this price versus the shares traded over the course of the day, you get the V whap. And here the view app lags behind. Now the moving average is on the other hand, it doesn't matter if it's 10 shares or 10 million shares that trade at these upper levels, the the simple moving averages are just going to come right up with it. So the volume weighted average price is a little bit of a better indicator of the kind of center or average price over the course of the day.
and I use this a lot of times as a level of support and resistance for day trades. So with a stock that rips up really quickly, if I'm thinking about shorting it, my target would be that it returns back down to the V web. Now I would probably take profits along the way at the 9:00 moving average or maybe the 20 moving average, but ultimately my target would would be that it returns down to the V web price which is the orange dotted line on my chart. If we look at a stock like Aria this morning, this had a big breakout on News and what we notice which is typical for a lot of stocks, is that you have a breakout and then you have a return down to the View app, a return down to the average price, and then some consolidation, and then sometimes they go again.
But this is oftentimes a really good area to look for either a re-entry or a short from the extension. back down to View app and I also use it. Let's see: I use it for when I'm shorting as well. when I see something that's dropped down really quickly, the first thing I look at is how far are we below the view app because this is going to be my ultimate target.
Getting up to the View app and you see it happen really nicely here. So we get this nice washout, but if the washout stops and then starts reversing and you're really only like 10 cents below the view app, then to me I don't have enough reward potential to justify the risk of entering the trade and I like to enter trades with a minimum of a one to one risk reward ratio or profit loss ratio but the higher the better. So if I can get a a nice potential to get three times the risk out of this trade, then I'm going to take it. So if my stop is back at low of day and I've got, say it's 20 cents top and I've got a 60 cent amount of room up to the V web, that's a good risk reward ratio so I would be interested in taking that type of trade now. generally speaking, I use the view app more than I use moving averages, but I have them I have both on my charts and I also use some other indicators. but I find that V WAP is one of the better ones for day trading because it really gives you this good picture of the average price over the course of the day. So it gives you a feel of whether you're buying extended and you have to be a little bit tighter with your stops or if you're buying something that's way below it and it's coming back. It just helps give me a better picture of where where the current price is relative to the averages of the day and you'll notice me referencing it a lot in my trade.
To my stop is the V whap or first Target V whap things like that and so that's what I'm talking about when I'm saying those kinds of things. Hopefully that makes sense to everyone, If not, feel free to send me a message in the chat room. Okay, thanks.
I am Muhannad from Libya and I do not know anything about trading. Can you help me learn and benefit from your advice?
Finally have the time to start from the beginning. Been working like a mule, but I saved up a bunch. Taking some time off to educate myself. Had a little 'luck' throwing small money around, 100 bucks here and there to test. Thanks for all the free educational tools. Peace and Love.
Thank you Ross
The greatest skill of a teacher is to explain difficult concepts in easy and popular terms. This is a great classical ability. Thank you again
So does.the vwap basically act as the 200ema
Is the vwap and the volume weighted moving average the same ??
first video on the channel
your trading has changed a lot throughout the years, id like a series where you revisit old videos and comment on the changes youve made
Can’t begin to tell you how much I’ve learned from you. You’ve explained more in 4 minutes than others in 20 🐐
By far the best explanation and discussion on the approach to its use.
Very clear and concise. Everything done very well. Whoever did this is a natural for teaching. The speaker volume on this video is perfect almost sounds like he's sitting right next to you 👀.
Liking the color combinations & layout very easy on the eyes i think. Easy to quickly discern every thing on it.
What's ur best time frame for vwap the 1mn chart, 5mn or 15mn? Just curious since I'm still new to day trading
super helpful, thank you
what is your VWAP settings?
If high percentages of daily trading is done in dark pools does this distort the vwap since it isn’t seeing a large amount of the trading volume done outside the general marketplace?
What use are predictions in trading?
thanks! great explanation!!!
Does the light trade or any software automatically plot thevVWAP? I don't know how to plot ,as I am new and just wondering if some of these programs can auto plot this for trader? Thanks
Watching this in 2021!
Is there a brokerage that has VWAP indicator? Also, how is this diff from VAMA?
You got the entire zoo in your screen dude how on earth you trade?
this video explained it better than the other like 5 videos I watched all combined. Thank you 🙂
So I had a question about your trades, when your doing a trade are you just doing market buys? or limit buys? I find I can't get the limit buys done fast enough, so have been just doing market buys, but then my buying price is usually higher than what it should be. I was thinking about setting up the limit buy ticket and then just pop it off when I need it but usually doesn't get bought quick enough to do my trade
Slowly changing my life watching your videos
2021?
Hey Ross what do you set time frame and dev lvls at for vwap?
Thank you for the lecture video.
I would like to ask 2 questions, that would be very helpful to me as a new trader.
1) What is the name and provider of your software on the screen ?
2) What is your preference of using any SMA, for 1 minute or 5 minutes candlestick in intraday trading?
Thanks,
Vwap 4 the w lol thx