Frequently Asked Questions
What do I need to know before I get started?
A preliminary understanding of the markets — basic knowledge of technical analysis, risk management and introductory trading principles — should be more than sufficient.
We didn’t design the course for absolute beginners, nor for experts or advanced traders exclusively, either. If you have any questions about where you may stand, feel free to reach out.
Will I receive lifetime access?
Absolutely, there’s no time limit on the included material. The course is entirely on-demand so it’s available for you to watch whenever you want and as many times as you like.
Your access to the custom indicators will never expire, and there’s no ongoing fees to remain part of the community chatroom.
How do I get the custom indicators on my charts?
The member portal contains step-by-step instructions for adding the indicators to all three of the available platforms — TD Ameritrade’s thinkorswim, TradingView, and NinjaTrader 8.
We’ve tried to make the process as seamless as possible, but you can always reach out if you’re having any trouble.
Can this strategy be applied to swing trading?
Absolutely! In particular, the Multiday section of the course focuses on identifying those longer-term areas of support and resistance through the use of our custom DateVWAP and EventVWAP indicators.
We’d also encourage you to watch the Intraday section as well, given that the broad mechanics across various VWAPs are identical, albeit at a smaller scale.
Can this strategy be applied to Futures trading?
Yes, and many traders who have taken the course trade Futures exclusively. As long as the instruments you’re focusing on are consistently liquid (i.e. Emini [ES or NQ], Crude oil [CL], Gold [GC], etc.) then you’re good to go.
We use equities charts and terminology throughout the course to teach the strategy, though the same concepts directly translate to Futures with perhaps slightly larger risk tolerance and accommodation for certain markets’ idiosyncrasies (crop reports, limited trading hours, geopolitical or other externalities, etc.)
Can this strategy be applied to cryptocurrencies?
The relatively recent emergence of Bitcoin and other cryptocurrencies have made it more difficult to determine the long-term viability of the strategy of those markets, but we have seen evidence that VWAP can be effective on those instruments.
We don’t cover any crypto-related examples in the course, but we believe many of the concepts we cover will translate.
Can this strategy be used on Forex?
Yes, but there are some general limitations when doing so. Given that those markets don’t actively display transaction volume, the only way to calculate and plot a volume-weighted average price on the currency exchanges is to estimate and approximate volume. This removes the dynamic “volume-weighted” benefits that VWAP creates.
We’ve had some Forex traders tell us that they have successfully implemented VWAP anyway, but we always want to present that caveat to Forex traders so they’re aware of the drawbacks and that the education isn’t explicitly designed with those markets in mind.
Do you use any other indicators alongside VWAP?
No, the strategy is designed to be comprehensive and standalone. However, you’re not required to eliminate any other tools that you already feel comfortable with.
Some traders who have taken the course still choose to use other simplistic indicators in addition to VWAP that they had previously grown accustomed to, so as long as it doesn’t directly interfere with the strategy then there’s no harm in it.
What kind of stocks do you recommend trading with this strategy?
We focus on anything with consistent liquidity, which means that most symbols listed on the major exchanges tend to be in play. Sufficient volume is a necessary prerequisite for VWAP (and our strategy) to be effective, so mid to large caps tend to be the most suitable candidates.
That doesn’t necessarily mean high-priced or “blue chip” though, as it’s not uncommon to find charts trading in the $10-30 range that are just as viable as ones trading at $100+.