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

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ClayTrader

4 жыл бұрын

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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Пікірлер: 3 007
@cardio10101
@cardio10101 4 жыл бұрын
When someone , graciously, takes the time out of their day to educate you like this it means that they really care!
@claytrader
@claytrader 4 жыл бұрын
Thanks for the kind words
@cardio10101
@cardio10101 4 жыл бұрын
@@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
@claytrader
@claytrader 4 жыл бұрын
@@cardio10101 cheers and sorry to hear of your situation
@ericspaniol2219
@ericspaniol2219 4 жыл бұрын
Awesome video for beginners
@claytrader
@claytrader 4 жыл бұрын
@@ericspaniol2219 cheers Eric
@brynerlee
@brynerlee 3 жыл бұрын
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!
@claytrader
@claytrader 3 жыл бұрын
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
@brynerlee
@brynerlee 3 жыл бұрын
@@claytrader registered for the class :)
@claytrader
@claytrader 3 жыл бұрын
@@brynerlee great!
@abdullahal-shimri3091
@abdullahal-shimri3091 Жыл бұрын
@@brynerlee Have you attend financial independence yet?
@mw7185
@mw7185 2 жыл бұрын
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
@claytrader
@claytrader 2 жыл бұрын
Glad I could help!
@PortCapital
@PortCapital 4 жыл бұрын
Clay your chalk board skills are fantastic, very satisfying to watch
@claytrader
@claytrader 4 жыл бұрын
Took me years to perfect. Truly an art.............................
@alphatradingmethod1193
@alphatradingmethod1193 4 жыл бұрын
ClayTrader can you share what you use??? I mean it looks like a whiteboard marker.
@Misspotat
@Misspotat 4 жыл бұрын
The noise hurts my soul
@claytrader
@claytrader 4 жыл бұрын
@@Misspotat so sorry!
@The_Janitors_Closet
@The_Janitors_Closet 4 жыл бұрын
Must be nice... I’m left handed ☹️
@sybiliverson7471
@sybiliverson7471 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for sharing!!
@gumbywwf83
@gumbywwf83 3 жыл бұрын
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.
@claytrader
@claytrader 3 жыл бұрын
Glad to help
@perkinscove1640
@perkinscove1640 3 жыл бұрын
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!
@claytrader
@claytrader 3 жыл бұрын
Thanks for the thoughts!
@michaelbeny1
@michaelbeny1 2 жыл бұрын
Yes the upper and lower bands help a lot on the 1M chart. Not so much larger daily time frames. IMO
@johannesandreasgribfibiger6677
@johannesandreasgribfibiger6677 2 жыл бұрын
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
@perkinscove1640
@perkinscove1640 2 жыл бұрын
@@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!
@johannesandreasgribfibiger6677
@johannesandreasgribfibiger6677 2 жыл бұрын
@@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!
@bobpattison1739
@bobpattison1739 4 жыл бұрын
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!!
@claytrader
@claytrader 4 жыл бұрын
Fantastic!
@cebolla7260
@cebolla7260 Жыл бұрын
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.
@claytrader
@claytrader Жыл бұрын
Thanks for the kind words and I'm glad you enjoyed!
@samarthpandey8483
@samarthpandey8483 4 жыл бұрын
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 ♥
@gyanaranjan859
@gyanaranjan859 4 жыл бұрын
👍
@claytrader
@claytrader 4 жыл бұрын
Glad you're focused on learning.
@brijeshtiwari5493
@brijeshtiwari5493 4 жыл бұрын
Pandeyji my WhatsApp number we can connect 9223181021
@ompatel3901
@ompatel3901 4 жыл бұрын
What you think macd or vwap?
@claytrader
@claytrader 4 жыл бұрын
@@ompatel3901 this claytrader.com/videos/top-5-technical-indicators-all-beginner-traders-should-use-getting-started-with-charts/
@rajm5022
@rajm5022 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@waynelangshaw7889
@waynelangshaw7889 3 жыл бұрын
So glad i found your VWAP vid...its helped me go from a bad compulsive trader to a trader that makes good profit..thanks heaps !
@claytrader
@claytrader 3 жыл бұрын
Glad it helped!
@prometheus7504
@prometheus7504 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Welcome to the channel Jack!
@michaelwaring6477
@michaelwaring6477 4 жыл бұрын
Best explanation of vwap I’ve seen so far. Excellent video
@claytrader
@claytrader 4 жыл бұрын
Thanks Michael. Glad you found it helpful.
@dlealchicago
@dlealchicago Жыл бұрын
For someone that just discovered this, you sir have explained it THE BEST ON KZbin! Great video
@claytrader
@claytrader Жыл бұрын
Happy to help!
@jajajaja266
@jajajaja266 4 жыл бұрын
Once I added this to my scanner. I was seeing 40% and up gains each day .
@claytrader
@claytrader 4 жыл бұрын
Nice!
@diannad8905
@diannad8905 4 жыл бұрын
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!
@claytrader
@claytrader 4 жыл бұрын
Thanks Dianna!
@danielevans5134
@danielevans5134 4 жыл бұрын
Dianna, what are you using where you could the vwap too your charts?
@Monkey_G5
@Monkey_G5 3 жыл бұрын
I want to say thanks to people like you, who make education free and allow one to better themselves as long as they try.
@claytrader
@claytrader 3 жыл бұрын
Not everything I offer is free though to be fair lol
@ttupimptyte
@ttupimptyte 4 жыл бұрын
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!
@claytrader
@claytrader 4 жыл бұрын
Thanks for the feedback Ty!
@SharpClawsXsharpaws
@SharpClawsXsharpaws 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Nice!
@rainmanferguson
@rainmanferguson 4 жыл бұрын
@@claytrader he didnt say he was successful he said it was all he uses so nice might be incorrect lol .... just saying
@claytrader
@claytrader 4 жыл бұрын
@@rainmanferguson i'm saying it is "nice" that he uses it... stop overthinking things...
@zeridiusmagus1676
@zeridiusmagus1676 2 жыл бұрын
New to trading so, I have been using the VWAP 0 mins. After this break down I will definitely start using this tool. Thank for information.
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@Lucas1araujo32
@Lucas1araujo32 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for the thoughts!
@Daniel-dz3ls
@Daniel-dz3ls 4 жыл бұрын
Indeed
@claytrader
@claytrader 4 жыл бұрын
@@Daniel-dz3ls :-)
@cazkeymekam6427
@cazkeymekam6427 4 жыл бұрын
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.
@caseyjones7404
@caseyjones7404 4 жыл бұрын
This is why i chart 4h onto the 15min. Use 16x period multiplier.
@got2go4word
@got2go4word 4 жыл бұрын
As traders, we should always continue to evolve with our trading strategies,well done Clay!
@claytrader
@claytrader 4 жыл бұрын
Cheers to that Mike.
@jenialherdianto292
@jenialherdianto292 3 жыл бұрын
I love the way you teach. Can't skip every second. Very enthusiastic, positif energi..
@claytrader
@claytrader 3 жыл бұрын
Glad you enjoy it!
@kevinm4462
@kevinm4462 4 жыл бұрын
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).
@claytrader
@claytrader 4 жыл бұрын
Thanks for the thoughts Kevin.
@kate682uk
@kate682uk 4 жыл бұрын
Kevin M where do you start your vwap from and do you use it to trade fx, indices, metals, oil etc, or just stocks?
@vvm101
@vvm101 4 жыл бұрын
Love the color chalk details ! Thanks for simple breakdown
@claytrader
@claytrader 4 жыл бұрын
You're welcome. Thanks for the feedback.
@millysanchez7137
@millysanchez7137 3 жыл бұрын
Yess👏🏼
@shedlight01
@shedlight01 3 жыл бұрын
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.
@claytrader
@claytrader 3 жыл бұрын
Happy to hear that!
@crispy7215
@crispy7215 4 жыл бұрын
"Prices below tend to rise back up, prices above tend to *rise* back down. Cheers.
@claytrader
@claytrader 4 жыл бұрын
roger that!
@rudon9070
@rudon9070 4 жыл бұрын
Thanks u saved me up 13 mins :D
@claytrader
@claytrader 4 жыл бұрын
@@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
@adityavikrammittal4396
@adityavikrammittal4396 4 жыл бұрын
@@claytrader i guess he meant to say, rather than *rise* back down it should be *fall* back down :P
@claytrader
@claytrader 4 жыл бұрын
@@adityavikrammittal4396 perhaps!
@ChrisSchenk
@ChrisSchenk 4 жыл бұрын
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. :)
@claytrader
@claytrader 4 жыл бұрын
Good stuff!
@MeesterGonzalez
@MeesterGonzalez 4 жыл бұрын
I'm just getting started. Literally funded my account just last week. (TD-TOS) So I appreciate ALL the info you're giving and the fact that you present it in a straightforward manner. Not so financial geekified that I'm lost, but also not treating us like 5 year olds. Thanks!!
@claytrader
@claytrader 4 жыл бұрын
Glad you're enjoying!
@qualityjohnmartinez8364
@qualityjohnmartinez8364 4 жыл бұрын
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 .
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching
@off-gridhillbillystyle3735
@off-gridhillbillystyle3735 4 жыл бұрын
How is your trading now?
@claytrader
@claytrader 4 жыл бұрын
@@off-gridhillbillystyle3735 he's currently going through my training program here claytrader.com/takecontrol/
@qualityjohnmartinez8364
@qualityjohnmartinez8364 4 жыл бұрын
@@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.
@off-gridhillbillystyle3735
@off-gridhillbillystyle3735 4 жыл бұрын
@@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
@MelekShelomohTrading
@MelekShelomohTrading 4 жыл бұрын
I like the breakdown, very simple definition of VWAP
@claytrader
@claytrader 4 жыл бұрын
Thanks for feedback!
@eddyvideostar
@eddyvideostar 4 жыл бұрын
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.
@shortsniper100x3
@shortsniper100x3 3 жыл бұрын
agreed & subscribed
@MelekShelomohTrading
@MelekShelomohTrading 3 жыл бұрын
@@shortsniper100x3 Clay is great channel to subscribe to. Good Job 👍🏽
@lmbreal6912
@lmbreal6912 3 жыл бұрын
Been hearing vwap alot but your are the only one that made me understand this. Thank you
@claytrader
@claytrader 3 жыл бұрын
Glad it could help!
@timfassbender
@timfassbender 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for the feedback and welcome to the channel!
@lukeschaeffer2551
@lukeschaeffer2551 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
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.
@lukeschaeffer2551
@lukeschaeffer2551 4 жыл бұрын
@@claytrader Super defensive - Check. Ability to receive sincere feed back - X.
@claytrader
@claytrader 4 жыл бұрын
@@lukeschaeffer2551 What? I'm offering you advice. Just because you don't like/agree with the advice doesn't mean I'm defensive.
@yxcvmk
@yxcvmk Жыл бұрын
@@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 :-)
@claytrader
@claytrader Жыл бұрын
@@yxcvmk thanks for weighing in 🙂
@cnsjoe
@cnsjoe 2 жыл бұрын
This is absolutely by far the best indicator for daytrade. I have been using this for crude oils futures 5mins trade. I trade when the candlestick has a reversal when it is away from VWAP. It has generated so much wealth for me for the past 1 year.
@claytrader
@claytrader 2 жыл бұрын
Cheers!
@powerfulknowledge1172
@powerfulknowledge1172 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Good job!
@vitsin87
@vitsin87 3 жыл бұрын
You still winning with this indicator?
@MJP913
@MJP913 4 жыл бұрын
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
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@Justin-pu5pb
@Justin-pu5pb 4 жыл бұрын
I am new also, what books have you read to help? And who else do you like to follow?
@claytrader
@claytrader 4 жыл бұрын
@@Justin-pu5pb My thoughts on books claytrader.com/videos/want-to-learn-how-to-trade-dont-read-books-heres-why/
@leonmellingen3633
@leonmellingen3633 3 жыл бұрын
You are a good teacher! I love the different marker colors, makes it easier to understand. Thank You!
@claytrader
@claytrader 3 жыл бұрын
Thanks for the feedback!
@enhancedaquatics
@enhancedaquatics 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Cheers and thanks for the thoughts.
@sonorajosh6636
@sonorajosh6636 4 жыл бұрын
I wondered why Clay had never mentioned it after reading both of Andrew's books, but thought it was just a matter of choice
@claytrader
@claytrader 4 жыл бұрын
Now you know why... lol....
@Fr3shProduce
@Fr3shProduce 4 жыл бұрын
@@claytrader what is your opinion of the book though? I have not read it yet.
@claytrader
@claytrader 4 жыл бұрын
Never read it. I don't believe in "trading books".
@roflcopter4388
@roflcopter4388 3 жыл бұрын
"When enough people believe it to be true then it's going to work." GME 2021 lolol
@claytrader
@claytrader 3 жыл бұрын
indeed!
@sfkingalpha
@sfkingalpha 3 жыл бұрын
holding and waiting for moon landing
@claytrader
@claytrader 3 жыл бұрын
@@sfkingalpha is the moon in the toilet?
@krishnanshanmuganathan5416
@krishnanshanmuganathan5416 3 жыл бұрын
Exactly true!!!
@thomasdivan2537
@thomasdivan2537 3 жыл бұрын
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 ! 🙏
@simonmwangi142
@simonmwangi142 4 жыл бұрын
I'm a brand new beginner, listening to your Vwap explanation, I'm sold, I will try to use it, never used it before. Thanks Clay.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching Simon!
@princesssophiawise3560
@princesssophiawise3560 4 жыл бұрын
I understand and remember things better when I’m seeing it on a chalkboard. Don’t know why. But... THANK YOU!
@claytrader
@claytrader 4 жыл бұрын
I agree with you!
@kustomkode
@kustomkode 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
@@kustomkode interesting
@kustomkode
@kustomkode 4 жыл бұрын
@@claytrader, crazy isn't it? Lol
@claytrader
@claytrader 4 жыл бұрын
@@kustomkode indeed!
@tissot0325
@tissot0325 4 жыл бұрын
I’d still like to ask if day traders make more sense than buying stocks and holding for a time what do you think
@claytrader
@claytrader 4 жыл бұрын
I believe in diversification, which is why I do both.
@claytrader
@claytrader 4 жыл бұрын
@Andrew Johnson thanks for the thoughts Andrew
@sanekabc
@sanekabc 4 жыл бұрын
Ask Warren Buffet
@tissot0325
@tissot0325 4 жыл бұрын
@@sanekabc if you ask Warren buffet, he holds stocks for a long time
@brandonyankees1
@brandonyankees1 4 жыл бұрын
Day trade and turn those profits into long turn investments
@DPerk_76
@DPerk_76 4 жыл бұрын
Day 1 VWAP. Simple and digestible. Thanks Clay for taking the time to share.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@TyKOmain
@TyKOmain 4 жыл бұрын
VWAP is one of the only indicators on my chart.
@claytrader
@claytrader 4 жыл бұрын
Cheers to that.
@TyKOmain
@TyKOmain 4 жыл бұрын
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
@mojaeger85
@mojaeger85 4 жыл бұрын
I shamefully never knew about VWAP... This has changed everything. Thank you for the breakdown. Love your content.
@claytrader
@claytrader 4 жыл бұрын
Cheers Jonathan!
@upone23
@upone23 4 жыл бұрын
Best breakdown I've seen on KZbin, and I've seen a bunch of videos about VWAP.. Very good way to dumb it down...
@claytrader
@claytrader 4 жыл бұрын
Glad it could help!
@HAJJ101
@HAJJ101 4 жыл бұрын
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!
@claytrader
@claytrader 4 жыл бұрын
welcome to the channel!
@SoSoSlick420
@SoSoSlick420 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@richardhp77
@richardhp77 4 жыл бұрын
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?
@SoSoSlick420
@SoSoSlick420 4 жыл бұрын
@@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.
@richardhp77
@richardhp77 4 жыл бұрын
@@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?
@SoSoSlick420
@SoSoSlick420 4 жыл бұрын
@@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.
@demianstclair3279
@demianstclair3279 4 жыл бұрын
Yes, Iam using it...now. Its my first and only indikator, besides price ofc. Thanks Clay.
@claytrader
@claytrader 4 жыл бұрын
Cheers
@mu9284
@mu9284 4 жыл бұрын
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.....
@claytrader
@claytrader 4 жыл бұрын
Thanks for the kind words
@beetdevin4812
@beetdevin4812 4 жыл бұрын
Finally someone explains clearly what VWAP is!!!
@claytrader
@claytrader 4 жыл бұрын
Glad it could help Rolando.
@paintasticpainting
@paintasticpainting 3 жыл бұрын
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.
@claytrader
@claytrader 3 жыл бұрын
Glad it could help!
@RobertCooneyOnline
@RobertCooneyOnline 4 жыл бұрын
"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.
@claytrader
@claytrader 4 жыл бұрын
Thanks for the welcome ;-)
@mehulsan77
@mehulsan77 4 жыл бұрын
Robert C yo bro
@claytrader
@claytrader 4 жыл бұрын
@@mehulsan77 yo
@superkittybtc
@superkittybtc 4 жыл бұрын
@@claytrader hey check out this person on tradingview, superkitty uses vwap all the time in a very interesting way
@claytrader
@claytrader 4 жыл бұрын
@@superkittybtc are YOU superkitty? lol
@amitjha573
@amitjha573 4 жыл бұрын
Thank you Sir, for this informative video, looking forward to checkout your other videos ..... Thanks again, Respect from India 🇮🇳🇮🇳🇮🇳.....
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@daifuruta581
@daifuruta581 4 жыл бұрын
This is very useful to me and VWAP which I didn't know the name but after you explained on video, I know that is happening all time everyday. Thank you I took note.
@claytrader
@claytrader 4 жыл бұрын
Glad it could help
@NIO777
@NIO777 4 жыл бұрын
I am a VWAP virgin Clay.. Lets make some great trades.. Ya Thank You for this great video.
@claytrader
@claytrader 4 жыл бұрын
You a member of the community?
@kuverra8715
@kuverra8715 4 жыл бұрын
@@claytrader nice xplanation! what u think of using a set fibonnaci of vwma,s instead of ema,s?
@claytrader
@claytrader 4 жыл бұрын
@@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.
@McKannon
@McKannon 4 жыл бұрын
@@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.
@jamesnewcomb6065
@jamesnewcomb6065 4 жыл бұрын
Thank you for explaining that to me like I am 6 years old. I finally understand what it is. Thanks subbing now.
@claytrader
@claytrader 4 жыл бұрын
Welcome to the channel!
@jamesjones-uy1dy
@jamesjones-uy1dy 2 жыл бұрын
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.
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@thesoulengine
@thesoulengine 4 жыл бұрын
Great point on the chain reaction theory Hope everybody uses it that way. We can all Increase the chance to make more profits.
@claytrader
@claytrader 4 жыл бұрын
Cheers
@route66readymix45
@route66readymix45 4 жыл бұрын
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 KZbin 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.
@claytrader
@claytrader 4 жыл бұрын
Welcome to the channel! I appreciate the feedback.
@Jcestanley
@Jcestanley 4 жыл бұрын
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.
@nc674
@nc674 Жыл бұрын
This is a great example of how VWAP works and you simplified it very nicely!!!
@claytrader
@claytrader Жыл бұрын
Glad it was helpful!
@johnkobbie3835
@johnkobbie3835 4 жыл бұрын
Makes me want to go out and buy a chalkboard and some funky markers that writes on chalkboards.
@claytrader
@claytrader 4 жыл бұрын
It's fun!!!
@jaydmhearne
@jaydmhearne 4 жыл бұрын
This is great, really well explained. Thanks Clay 🤙🤙🤙
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching
@1chicklish
@1chicklish 3 жыл бұрын
I just started using it and I'm doing my best to get a good understanding on how to make it a useful tool for my Trading. You did a good job of explaining, thank you
@claytrader
@claytrader 3 жыл бұрын
Glad it was helpful!
@NoName-mf1un
@NoName-mf1un 4 жыл бұрын
''You want a good price... D U H'' made me laugh really hard and idk.
@claytrader
@claytrader 4 жыл бұрын
:-)
@Thsiscool
@Thsiscool 3 жыл бұрын
"Now from the top, make it drop..." - When putting the V in the WAP...
@claytrader
@claytrader 3 жыл бұрын
Cool
@trading2120
@trading2120 3 жыл бұрын
nice one!
@JohnSmith-zc5ox
@JohnSmith-zc5ox 3 жыл бұрын
To bad she got the DAP
@michaelstafford6583
@michaelstafford6583 4 жыл бұрын
Your VWAP video is very clear and easy to understand. Thanks and happy trading.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching
@DanielFlores-ug1tk
@DanielFlores-ug1tk 4 жыл бұрын
“Tend to Rise back down”😭 8:15
@claytrader
@claytrader 4 жыл бұрын
:-)
@nimietyskookumlucre6702
@nimietyskookumlucre6702 4 жыл бұрын
Self fulfilling prophecy... Lemmings hire a clown in expectation of a circus.
@claytrader
@claytrader 4 жыл бұрын
Something like that
@brandonlb53
@brandonlb53 Жыл бұрын
Great video. I am a beginner and keep coming back to your videos not by choice but by valuable information I keep finding, great content will sub.
@claytrader
@claytrader Жыл бұрын
Glad you like them!
@anandhakumar9182
@anandhakumar9182 4 жыл бұрын
Stop all these videos, show the live chart and punch the trade....that shows you are using it. :P
@claytrader
@claytrader 4 жыл бұрын
Hi Anandha, that is here claytrader.com/video/live-trade/
@AC-vp4ss
@AC-vp4ss 3 жыл бұрын
Video not only colorful, but very helpful. Thank you and great job breaking the VWAP down.
@claytrader
@claytrader 3 жыл бұрын
Glad it was helpful!
@Rfvansaun
@Rfvansaun 4 жыл бұрын
I will be giving it a try...I have always seen it being used but did not know exactly what it was. This video helped a lot by explaining what the VWAP is.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching.
@ronandemailly5384
@ronandemailly5384 3 жыл бұрын
FANTASTIC! Awesome, best video out there about the VWAP, finally something that really explains what it is!
@claytrader
@claytrader 3 жыл бұрын
Glad it was helpful!
@ManvendraVermarpv
@ManvendraVermarpv 4 жыл бұрын
I have heard about it but wasn't aware of its strength, it is really a must-have indicator,. The way you have explained it have made it much more interesting, thanks a lot
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching
@VySally
@VySally 3 жыл бұрын
Clay, I really love the way you make video, very easy to understand and hit attention. Satisfy to watch!
@claytrader
@claytrader 3 жыл бұрын
Glad you enjoy!
@ramonreis5585
@ramonreis5585 2 жыл бұрын
Great video on VWAP! I used for many years and is the main indicator to make the decision of a trigger bull or short. Thanks for sharing
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@surfpanther
@surfpanther 3 жыл бұрын
Never used it, I always focused on the RSI so much and the one minute candlestick and macd. Just added this. Great video
@claytrader
@claytrader 3 жыл бұрын
Excellent!
@tuckebarry
@tuckebarry 3 жыл бұрын
Thanks a lot. And love that you reply to all the comments even with a bunch of these. Hope your channel grows, God bless
@claytrader
@claytrader 3 жыл бұрын
So nice of you
@11Accor
@11Accor 4 жыл бұрын
Its so clear lesson. Now I understand better what is vwap.
@claytrader
@claytrader 4 жыл бұрын
great
@kngbeofficial
@kngbeofficial 3 жыл бұрын
first heard about the VWAP from Ross Cameron over at Warrior Trading! looooove the VWAP, your vid is killer bro!
@claytrader
@claytrader 3 жыл бұрын
Thanks for watching.
@allthingsnu4673
@allthingsnu4673 2 жыл бұрын
Great explanation… thank you! I started learning trading 10 months ago from a person who uses VWAP. He didn’t explain it as you have and, to me, most of the time the candles were so far below it that I didn’t see the point of it so I removed it. Now I get it and can see the reason for using it now.
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@CristianHColon-vu5up
@CristianHColon-vu5up 4 жыл бұрын
Best and simple explanation of VWAP, Liked the video and also subscribed!!! Thanks!
@claytrader
@claytrader 4 жыл бұрын
Welcome aboard!
@iCodeForBananas
@iCodeForBananas 2 жыл бұрын
Glad to see that I'm not crazy observing the price action related to VWAP.
@claytrader
@claytrader 2 жыл бұрын
Not at all.
@ikust007
@ikust007 4 жыл бұрын
First time I really understand it. Thank you very much . Now I am really checking your channel
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@coppersulphate002
@coppersulphate002 4 жыл бұрын
It is very satisfying to watch your videos! I will continue to support your channel! You are truly amazing !!
@claytrader
@claytrader 4 жыл бұрын
thanks!
@wpb.andres5335
@wpb.andres5335 3 жыл бұрын
I cannot explain how much i love you, for making this video. Thank you sooooo much.
@claytrader
@claytrader 3 жыл бұрын
Glad it helped!
@mikehancho5286
@mikehancho5286 3 жыл бұрын
Clay thank you so much. I am 42, and just getting into investing on my own. Your vids are amazing!
@claytrader
@claytrader 3 жыл бұрын
Awesome! Thank you!
@isaacabekah7136
@isaacabekah7136 4 жыл бұрын
I'm just beginning, but without a doubt, you're a great teacher.
@claytrader
@claytrader 4 жыл бұрын
Wow, thank you!
@insidedianeslife2456
@insidedianeslife2456 2 жыл бұрын
Now I understand. Thanks for the easy explanation. I know this is an older video, but it has helped me.
@claytrader
@claytrader 2 жыл бұрын
Glad it helped!
@elenasunshine
@elenasunshine 4 жыл бұрын
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.
@claytrader
@claytrader 4 жыл бұрын
Glad it was helpful!
@VinnieRuocco
@VinnieRuocco 2 жыл бұрын
I will definitely be looking at the VWAP and include it in my analysis ! thanks for the video
@claytrader
@claytrader 2 жыл бұрын
Cheers!
@presrangelov7842
@presrangelov7842 3 жыл бұрын
i have a huge reason to be very grateful for that video- huge thanks for the great content, have just discovered the channel!
@claytrader
@claytrader 3 жыл бұрын
Welcome aboard!
@mr.lucasifer
@mr.lucasifer 4 жыл бұрын
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!
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@laurendao6476
@laurendao6476 4 жыл бұрын
I’m a new investor/trader. I’m glad you explained it. You did a very good job. I’ll start using it now.
@claytrader
@claytrader 4 жыл бұрын
Glad it was helpful!
@albertd9575
@albertd9575 3 жыл бұрын
Wow you explained so well . I actually understood when you broke it down. I’m subscribing to you and love this teaching. So honest
@claytrader
@claytrader 3 жыл бұрын
Welcome aboard!
@notrealpalmer
@notrealpalmer 4 жыл бұрын
Lol awesome video I just recently started using the VWAP for my day trading and it’s awesome to see it broken down like this. Thank you.
@claytrader
@claytrader 4 жыл бұрын
Glad it helped!
@gabrielhines6214
@gabrielhines6214 3 жыл бұрын
My feb/mar macro trade just crossed over the vwap when I found this video!!! Thx boss
@claytrader
@claytrader 3 жыл бұрын
Glad I could help
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