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Why I Started Using This Day Trading Indicator (the best!)

May 29, 2021
Why am I

using

this

indicator

in my stock

trading

day? Well, I'm not going to create drama. I'm not going to try to create any suspense because it's already behind us at

this

point, but the

indicator

that I

started

using

and I love volume weighted average price or better known as v-wap, so why am I using V web? I'll get to that in a moment, but first confession from me and this actually has a lot to do with

trading

in general because if you're new or maybe you're not, then if you're not new you already know that trading is very psychological, very emotional, but I have to be honest and make a confession that I also understood. set in my ways, I got too much, my ego got too big and I've heard about v-wap over and over again, in fact you might be saying okay I know what this is so I'm just watching this video because I want to know why you're going to use it, which I'll get to, but the point is, yes, I've heard of it, no, I'm not going to use it, no, no, no, no, and I got really stubborn. when You should have

started

using this indicator a long time ago so you know what work in that clay, don't be so stubborn and, like you, as a trader, like I said, the little miniature lesson here, you know, don't be stubborn, such Maybe not Are you being stubborn elsewhere in your operations?
why i started using this day trading indicator the best
No, I don't know, who knows, maybe somewhere else in your life, but don't be stubborn because, like I said, I've been using it. I loved it. It's a great indicator to use now, maybe you have no idea what v-wap is, so I want to go over a quick little lesson, but this will also explain why it actually works and why I'm using it, so what is it? the volume weighted average price well let's first look at what an average is, so what we have here is a situation where we have the right volume, so how many shares are traded, what will we trade at a certain price?
why i started using this day trading indicator the best

More Interesting Facts About,

why i started using this day trading indicator the best...

So in the traditional way, you know the averages, if you have something that happens at ten dollars and then you have something that happens at twenty dollars, you would say okay, there have been two purchases, someone bought it for ten, someone bought it for twenty and the normal average would be good, average means it's Fifteen dollars, right, because it's right in the middle, that would be the normal average, nothing complicated. Think back, you have to add 10 plus 20, then divide by two and you get 15. So that's the average, but what happens if I add it up? In this detail here, what if I said well, actually at 10 there were 100 shares, so the volume at ten dollars when someone bought 100 shares and then what if I told you everything at twenty dollars even though someone bought ten thousand shares is the average?
why i started using this day trading indicator the best
The price really is fifteen dollars now on the surface, yes, yes, it's fifteen dollars, but when you add the volume and the kind of quote-unquote impact that it has, the impact is much greater here, between ten thousand and twenty dollars, in other words. the V website will tell you yes, no, I don't really care about that number 15. I care about something much closer to twenty dollars because that's where the vast majority of the volume took place, which is pretty brilliant. That's fantastic, it makes a lot of sense, so why does this actually work and where does all this come from?
why i started using this day trading indicator the best
What do people believe? And I'm not saying that's not how it doesn't work. I'm just saying that I'm sure there's more to it than this, but like I said, from a broad perspective, I have no doubt that this plays a role in the big money commissions of Wall Street institutional trading, everything they are using this to help. discover and define a word and that word that is trying to be defined is good, what do I mean by good? Well, if you're an institution, if you're a big company and you have a customer that says, I want 500,000 shares of Facebook, Apple, Netflix, or insert whatever company you want, well, that's what institutional traders are going to do, they're going to go buy those. 500 shares for your client, but your client wants what you would want when they buy when they buy.
Anything you want a good price, but that begs the question: how do you define good? So yes, you want a good price, but how do you define that? What is v-wap and how does it work? Going back here, we actually have I'm going to use yellow because if you start watching my live trading videos you're going to see a little yellow dotted line which is the v-wap so you're going to have this and that just represents the V web so what? is defined as good or bad well, let's stop and think about this, what would be good if you walked up to that person and said, hey, guess what the most stocks we buy are, we're down here, well, that's fantastic , why, well, because the volume-weighted average price the average price when you take volume into account was very high here, but, Mr.
Customer, we were able to get it, we were able to get you less than what the average person was buying, that will have a happy customer at that moment. you can go and say I have you less and that will also give the merchant additional bonuses and they will get your rewards and things like that because they were able to keep the customer happy when you keep the customer they give you happy. more business and that's just business 101. Now the other part is what happens if people are shopping there, how will the customer feel in this situation?
I mean, if you go to the client, say yes, you know, we got you the 500,000 shares. but we actually paid more than the average price, wait, you paid more, you paid more than the average, that's not going to make the person happy, that's not good, but you don't know what's good unless you have something. something standardized and what is standardized again goes to v-wap so how does this relate to commerce? What's going to happen in theory, there is no Holy Grail, so like I said, this is just a fairy tale, this is what people believe and I'll get to that in a second, but what happens when the price moves away? of this area, well, wow, it's under the web V.
I can, I can impress, I can put a smile on my client's face, so here it goes. to be binding why there will be buying again this will make the customer happy now I'm not trying to tell you intelligence but what does buying do good buying makes prices go up correctly So eventually what is going to happen to the price? is going to rise again to v-wap now the problem here is that if the price rises above the v web there, what is happening? Well, the higher and higher you go above the web V, there will be less and less of what's going on. buy less and less because wait a second, I don't want to shop there for my customer, I want a smiling face, I don't want them to frown, get angry and sad, so I don't do it, I mean to them.
I'll buy something right because I mean, if it's 500,000 shares, your ultimate goal is to try to keep it below here, but the higher and higher it gets above that area, there's not going to be as much buying pressure, so if you don't there is enough. buy what happens well, the selling pressure will eventually make it go back down and the price will go back to the v-wap, that's why prices below tend to go up, prices above tend to go back up because it's all a function of if you think about that institutional trader who only cares about his Christmas bonus or his bonus in general or what good price he's getting and you think about what good price he's getting what good price is defined as relative to the V web, then of course, He'll stop buying the higher it goes and the selling will eventually bring it back down, but the further it goes down, yeah, he'll start buying, which will drive the price back up and then it'll go up some, you know. terminology, this is why the V network when the price is below tends to act as resistance and this is why when the price is above the V network tends to act as a support keyword, being tens, this is not guaranteed, it's just a general philosophy, so why?
Am I really using this one-word belief, but more importantly, like I said, I'm sure some of you, if you're selling like clay the V, what happened, what do you mean, you're just now starting to use it? ? it's like everyone uses the V web, everyone, everyone uses it for these reasons, you just explained why you are using it now because I told you my ego got in the way, I became stubborn because of that , but why, why, why everyone loves it. Why should you use visualization app? I don't know if any of this is true, but you know what a lot of people believe to be true and when you have enough faith, we have this wonderful thing in the trading world known. like a self-fulfilling prophecy, whereas when prices come in or prices go up and get close to v-wap because something is supposed to be like that, everyone just does what is supposed to be what is therefore creating what is It's supposed to happen, so if there are things out there where people just believe and it's just because of that belief, like I said, who even knows this is true, but when enough people believe it's true, then it will work, by definition. , like a self-fulfilling prophecy, that's why I started using it is because I put my stubbornness aside, yes, but why wouldn't I use it when so many people are using it and so many people believe in it?
I'm not saying you shouldn't believe it. I believe in but I just believe in it because a lot of other people believe in it and there is a self-fulfilling prophecy. I don't believe in it because I don't know the commission structure down to the finer details of myself and Wall Street. I don't care, I just want to know what the pack believes, what the lemmings believe, what the vast majority of people believe and if the majority of people believe that this has some kind of mystical magical powers, then my question is okay, is it okay? how can it?
I organize it to benefit my trading, which is the same way you should think and it all goes back to that self-fulfilling prophecy, which is why I'm not using the V web, why I found some. I mean, it's cool, it's amazing how many times you will have this type of situation where you have a v-wap and then the price that you know is above it, so it goes down, it bounces and then it stays above it and then when the price drops below, everyone freaks out and then eventually it works there and then they reject it and reject it, it's crazy.
I mean, open a chart, look at the v-wap and see how many times the price bounces almost perfectly off that level, so yeah, that's what the v-wap does. That's why I'm starting to use it and that's how it all works. Let me know in the comments section. How long have you been using the viewing app? Are you at least going to try? Some of you probably like it. I've been using it for about 10 years, welcome to the party fair, but I'm curious how long you've been using it or what the limit is, maybe this is the first time you've heard of it or if you just have some. any other questions about it in general, let me know in the comments section below and then hit the like button if you enjoyed it.
I will continue making these types of videos if I know people are interested in the quickest way to do it. show me you're interested is just clicking the like button and also watching the channel, hopefully you'll eventually decide to subscribe, but yeah, I'm using the v-wap. I love some self-fulfilling prophecies first of all, thank you so much for watching the whole video real quick before you go. I want to invite you to a live webinar, web class, training workshop, online event, whatever you want to call it, but it will be me live to reveal to you what I discovered that has allowed me to transform. from being an employee to being my own boss, including how I only had one losing day out of 73 days in total.
I'm going to cover three keys that have helped me unlock profitable consistency within the markets. The first key is super strange but in a productive way. In some ways, the second key is super awesome because it is literally wired into our DNA as humans, which makes it very easy to use, but in a cruel way, this becomes a trap for many traders. I will explain everything, including how to avoid the danger it creates for some and yes, the third key, when you hear it, it sounds too good, too good to be true, but it is not and I will show you how it all works.
Then at the end I open it up for a question and answer session which again is completely live, even if you can't make the live session please register anyway as it will be recorded and you can go back and watch the replay that you I will send, click the image on the screen or click the link. below in the description box so you can get the date and time and claim your spot, which I should note is limited due to the fact that this is actually a live event. If you have any questions let me know, if not I'll be watching. soon

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