[This is VWAP Header]( [ARCHIVES]( [REPLAYS]( [NEW TO VWAP?]( [WATCH LIVE]( [Youtube]( [Twitter]( [Instagram]( [Discord]( [Tiktok]( [News from Kenny Glick] You know me as a daily trader. But what you donât know is that around 70% of my money (and the money I manage) is devoted to generating income⦠steady, reliable growth. I guarantee most traders would say the same. [Hereâs why.]( Expiration Friday Means Huge Gains for Your Portfolio Friday, March 03, 2023 I absolutely LOVE Fridays. Why? Because itâs the most volatile day of the week. And what I mean by volatile is that it often times has the most extreme moves one way or another. Thus, the more extreme the move, the easier it is to see, and the easier it is for us to jump into a trade. The reason for this is because traders are closing out their trades. Weekly options expire every week and monthly options expire every third Friday of the month. So letâs take a look at what happened today real quick and see where you could have made money had you followed us in [The Warlockâs World.]( Look at the chart below⦠Chargepoint (CHPT) announced holdings last night, and that first red candle down should be screaming something at you in your head: [a potential earnings reversal.]( The reason you should have been thinking this is that after a big gap one way or the other, traders need to take profits or cut their losses. Is it ever guaranteed that an earnings reversal will happen? No. Do we wait until price confirms this to jump in? 100% yes. But remember, big traders only care about $0.10, $0.20 or $0.50 cent moves to make millions of dollars. So a $2.00 move after earnings means theyâre either sitting pretty or are out of luck. So what happened this morning is CHPT broke VWAP on the upside, never broke back down below VWAP confirming its bullishness, and then ripped higher from $10.08 all the way up to the previous dayâs highs of $11.44. Itâs not a coincidence that it hit yesterdayâs highs and then sold back off today. Nothing here is a coincidence. Traders and algorithms see key levels and then they buy and sell according to those levels day-to-day. If you didnât make any money today, I want to know why. Shoot me an email with your trades or questions that you may have, and I can let you know where you possibly went wrong. You can reach me at KennyGlick@MoneyMapPress.com. And if you arenât a part of the [Warlockâs World]( yet, whatâs stopping you from trying it out? Traders made money every day this week, [and I want you to be a part of that.]( [Join me today by clicking here.]( Kenny Glick [Getting Started with Basics] [VWAP Dashboard 101]( Knowledge is power! Get a jump on the basics or a refresher to refine your trading chops with our comprensive look at the pillars of the VWAP trading strategy. - [What is VWAP](
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