Ep 75: Brian Shannon on Maximum Gains With Anchored VWAP

Ep 75: Brian Shannon on Maximum Gains with Anchored VWAP

Brian Shannon, CMT — founder of Alphatrends and author of two acclaimed trading books — breaks down the history and practical uses of Anchored VWAP, including how to use it as a psychological tool to manage FOMO and build conviction in your entries. With guest co-host Shane Dorian, Kim and Brian explore what it really means to develop a healthy, profitable relationship with the market.

Podcast: Play in new window | Download (Duration: 1:17:04 — 141.1MB)

Episode Chapters

1:20 – Intro to Brian Shannon
3:50 – Starting with the basics
8:50 – The history of Anchored VWAP
10:35 – Charting software recommendations
13:20 – Using AVWAP in relation to earnings trends
18:45 – Why AVWAP is the perfect combination of price, time & volume
20:40 – How to set up your charts
25:38 – Brian discusses his new book
31:50 – Part II — Twitter Space
32:38 – The difference between VWAP and AVWAP
36:30 – How to manage risk with AVWAP
44:47 – The psychology of traders in relation to using VWAP as a tool
46:36 – How Brian Shannon deals with FOMO
48:18 – How these books shifted Brian’s relationship with the market
51:20 – Trader EQ — how Brian manages risk
55:50 – Don’t argue with the market
1:00:19 – Brian Shannon on his trading style
1:05:15 – Finding your own personal approach
1:07:53 – “JOMO”
1:10:10 – Don’t buy the dip
1:13:50 – Brian’s advice for traders

About Brian Shannon, CMT

Brian Shannon is a stock market analyst and trader with over three decades of experience. He founded Alphatrends.net, an online community dedicated to market analysis and education for swing traders. He has taught tens of thousands of traders through his books — Technical Analysis Using Multiple Timeframes and Maximum Trading Gains with Anchored VWAP, the #1 Investment Analysis & Strategy book on Amazon.

Follow Brian Shannon, CMT

Alphatrends.net
Twitter: @Alphatrends
YouTube: @Alphatrends

Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com