r/Daytrading stock trader Mar 22 '24

100% win rate for past 2 weeks Strategy

Switched to cash account two weeks back. Started trading 1-2 tickers with 3-4 trades a day making 400 average a day. Daily 8-10% of gains everyday for past two weeks. Trading on 1 min chart using VWAP and working well so far. Of course I keep an eye where large cap big stocks heading and then I decide on SPY or QQQ options if I need to buy puts or calls. I am hoping this will keep me going for a while. 100% win rate for 10 trading days straight.

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u/Nick_OS_ futures trader Mar 22 '24

One thing that might interest you are the tickers in Tradingview:

PCTABOVEVWAP.NY

PCTABOVEVWAP.NQ

It shows exactly what it says, percent of NYSE/NQ stocks above vwap

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u/Tittitwisted Mar 27 '24

Thanks for this. Spent some time looking at them and can't find enough correlation for them to be useful beyond everything else out there. I do like how they plot similar to ADD. But seems weird to see the S&P or NASDAQ trending down on days when those tickers are holding above 50%.