Let me tell you about one of the traders who's followed me for awhile now.
Her name is Jen, and this is how the exchange went between the two of us...
I tried to explain how much I hate it to her...
Even as it had just reported earnings...
Even as it was breaking VWAP...
And even as it was ripping from $48.00 all the way up to $52.00.
Look and see for yourself...
100 shares of SCHW on that move is $400 in your pocket. Easy money and your day is done.
It was my bias that stopped me from trading the stock.
I've tried to trade it in the past , and it's burned me too many times to merit me ever looking at it again.
I've banned plenty of stocks in my career.
BBBY, SCHW, TSLA, MU...
The list goes on and on.
But if you can learn any
So then how do you find out what stocks to trade?
Find out what works for you.
Every morning I send you my daily watchlist.
And out of that list, you can usually find two or three great names that you can focus on and trade.
On top of this, always be checking earnings to make sure you don't miss a big gap up or down.
You can find some fantastic resources between Yahoo Finance's Trending Tickers, Finviz, and and CNBC's market insider page.
I also wrote a quick guide detailing how you know what stocks you will want to trade.
In it, you'll find the main three kinds of stocks that day-traders like 8ball, Solid, or me trade every day.
And finally, if you want the best trade setups where every day you have the chance to make money...
I urge to you join the Warlock's World today.
Today we made money on STT, PACW, and BBAI just to name a few.
The post Don't Listen to My Trading Advice - I'm Biased appeared first on This Is VWAP.
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