VWAP - Did you try it? Do you use it?

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easymon1

VWAP - Did you try it? Do you use it? And...

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I use VWAP as a benchmark of price through the trading day or through the period I am trading. If you can consistently beat VWAP, it still doesn't mean that you are generating a positive PnL, just FYI. Traders at banks and hedge funds use VWAP to see how efficient they are in filling orders and limiting market impact.
 
longandshort said:
I use VWAP as a benchmark of price through the trading day or through the period I am trading. If you can consistently beat VWAP, it still doesn't mean that you are generating a positive PnL, just FYI. Traders at banks and hedge funds use VWAP to see how efficient they are in filling orders and limiting market impact.
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I see why some use it/ any average can be helpful.
I have in the past had so may indicators on my candle CHARTS, CANT SEE PRICE...............................................................................:D:D
 
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