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Start point for daily VWAP?

  #18 (permalink)

Chicago, Illinois
Trading Experience: Advanced
Platform: Ninjatrader, TT, InvestorRT
Broker/Data: Advantage Futures, Ninja/TT and InvestorRT/IQFeed.
Favorite Futures: Treasury futures
Posts: 302 since Nov 2010
Thanks: 193 given, 851 received

forgiven View Post
there are people that can do that but i am not one of them.

If you mean "people who can count on being able to do tomorrow what is easy today", they are fooling themselves in my opinion. I think the lesson to take away from it is to avoid living as though the income you earn today will always be available to you. There was a period in my career when I thought I could make seven figures with one hand tied behind my back. But my wife was too sensible to let us live that way, and 20 years later I'm still living comfortably on what I made in the 1990s. Never took a private jet to a golf outing, etc. On the other hand I was once offered $5000 to shave my head and I regret to say I turned it down. That money could have gone to a worthy cause. I miss the pits very much.

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