Why I Started Using This Day Trading Indicator (the best!)

published 1 month ago by ClayTrader

Whether you are day trading or swing trading, when it comes to what technical indicators to use, there are many to choose from. This can be a very overwhelming challenge for beginning traders who are just getting started in the stock market; however, it does not need to be. I have been trading stocks for over a decade and the one secret I've discovered is that "less is more". You do not need to have dozens of technical indicators in order to be a successful trader. With all that being said, I have recently started using a new indicator that I have found to be extremely helpful. The Volume Weighted Average Price (VWAP) indicator has been around for a long time, yet, I just started to use it (with great success). What is the VWAP? How does it work? I discuss this along with my reasoning for deciding to use what many other traders consider the best technical indicator to use within a day trading strategy.

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