124: Max, @Madaznfootballr – When Chasing a Quick Buck Becomes Making a Quick Buck
Chat With Traders
00:00
The Psychology of Trading
When you use VWAP, do you factor in the slope of VWAP or anything like that? Well, there are other things too. For example, if a stock is considerably above VWAP, then you can kind of draw a conclusion that the longs really have control. Now if you see a stock trading kind of at theVWAP, then it's kind of more neutral. And I guess you can say that it's a no man's land, so to speak, nobody has control. If you can't have the right mindset, you can't make these decisions in a high-pressure situation,. You can't really do it.
Transcript
Play full episode
