A Day’s Pay: What It Means, And How You Can Achieve It

  [This is VWAP Header]( [ARCHIVES]( TO VWAP?]( LIVE]( [Youtube]( [Twitter]( [Instagram]( [Discord]( [Tiktok]( [News from Kenny Glick] LEAKED: AI FEATURE COULD OUTPACE MICROSOFT [“]( kind of AI is worth 10 Microsofts]( – Bill Gates]( A Day’s Pay: What It Means, And How You Can Achieve It Monday, March 27, 2023 I’ve said it before, and I’ll say it again. Today you had one job. Carnival Corp (CCL) reported earnings this morning. And if you were surprised by that, [I highly recommend you read my watchlist every morning]( as it was on there. On earnings news, the stock gapped up. So what do we do when a stock gaps up on news? If you answered [“we look to short it”,]( then you get a gold star. A 9.52 VWAP break this morning got you all the way down to 9.02 before it would have bounced back and you would have been stopped out. You can see the movement in the chart below… 1000 shares of that is a quick $500 in your pocket. And for many, that’s a day’s pay before 9:45 am this morning. You may have heard me float that term around, “a day’s pay”. But what exactly does that mean? A day’s pay is different for everyone and it’s meant to be your trading profit goal for the day. A lot of people still work, and do trading as a side gig. But many do this for a living. And if you want to calculate how much you need to go full day trading, take the following steps… 1. Figure your monthly costs for everything you need (including taxes) 2. Multiply that by 12 and add 10% 3. Divide the result by 255 to get your "Day’s Pay" needed Using this formula allows you to understand exactly how much money you’ll want to aim for to keep the lifestyle you currently live. We multiply our monthly costs by 12 because there are 12 months in the year. You add 10% to that so you can add in extra savings. Then you divide that all by 255 because there are 255 trading days in the year. And that’s it. And even if you don’t want to make day trading your full-time job, you can skip the first two steps and just plug in what you would like to achieve as some side income. An extra $20,000 in your pocket (before taxes) is a daily profit goal of $78. That’s a weekly goal of $390. So, if you took that CCL trade I talked about and walked away with $500 today, that’s a week’s pay for you. Maybe you can only trade a couple days a week. Or maybe you can only trade in the hours before 10 am. Whatever the case may be, think about what you want as your profit goal for the year, and decide what your daily goal should be. There are days like this that you could be done before 9:30… And on day’s like these, I highly suggest you take your day’s pay, and you run. One of the worst feelings is taking a good day, and ruining it with bad trades later. I get it. We all want more money. But we aren’t here to hit 10,000% winners every day. It’s unfeasible to do that. The most successful traders out there look to hit their goals, and slowly grow their accounts little by little. And if you aren’t convinced yet about the success of this strategy, take it from members of the [Warlock’s World.]( I have traders following me that started just trying to make five or ten dollars a trade to get the hang of day trading. And eventually they were looking to hit over $1000 a day. We have traders from all walks of life in the [Warlock’s World.]( And if you aren’t a part of it yet, [I want you to join today and be on your way to making your day’s pay.]( 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]( - [Multiday VWAP]( - [Earnings]( - [Shorting]( - [Chart Setups](   [Ad]( You are receiving this e-mail at {EMAIL}, as part of your subscription to This Is VWAP. 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