Brian Shannon | Record-Breaking $16 BILLION Hedge Fund Profit Using VWAP | SPECULATORS PODCAST EP 36
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- Опубліковано 2 чер 2024
- EPISODE SPONSOR → ELITE TRADER FUNDING
✅ Get 40% OFF Any Evaluation at Elite Trader Funding: go.tradacc.com/getfunded-elit... [Use Code: ETFKORBS]
Join us in this mind-blowing conversation with technical analysis expert & Founder of AlphaTrends: Brian Shannon. Brian is the author of 2 of the best trading strategy books of all time: Technical Analysis Using Multiple Timeframes (2008) & Maximum Trading Gains With Anchored VWAP (2023). He has over 3 decades worth of full-time trading experience and currently focuses on swing trading individual stocks for roughly 2-4 day hold times. One of the biggest takeaways from our talk was the anecdote that Brian shared about the Founder & CEO of Citadel: Ken Griffin. In 2021 congressional testimony, Ken Griffin stated: "Today, virtually all trades executed by institutional investors are in the form of program trades such as VWAP and other algorithmic trades...We use VWAP orders to execute on behalf of our hedge fund and have generated exceptional returns for pension plans and for endowments". In 2022, Citadel booked record-breaking profits of $16 billion and Ken Griffin himself made over $4 billion (the largest in hedge fund history). So when somebody like Ken Griffin of Citadel mentions VWAP - it's worth listening to. Brian Shannon is also someone who I've "unknowingly" respected & looked up to for quite a long time. It was incredible to finally meet him and be able to pick his brain. Check out this week's episode of the Speculator's Podcast to discover how I was first introduced to Brian's work years ago and how everything came full circle in this interview.
➡️ Where You Can Find Brian Shannon
UA-cam: @alphatrends
Website: alphatrends.net
Maximum Trading Gains With Anchored VWAP [Book]: amzn.to/47TLNem
✅ Get Funded & Create Your Freedom Lifestyle Trading Business: go.tradacc.com/call
HERE'S WHAT WE COVER:
0:00 Introduction to Brian Shannon
4:36 Stock Trading and Market Adaptation
5:20 Brian's Approach to Core Trading and Stock Analysis
7:27 Risk Management and Holding Strategies
8:35 A Day in the Life of Brian: Trading Routine and Strategies
13:54 Brian's Market Perspective
16:42 Ideal Trading Setup
21:55 Valuing Knowledge: Brian on Pricing His Trading Books
24:22 Exploring the Anchored VWAP
34:30 Decoding Anchored VWAP: Timing and Relevance in Trading
38:14 Balancing Simplicity and Sophistication in Trading
43:07 Avoiding the Pitfall of Curve Fitting
50:55 Fear and Greed in the Markets
53:47 The Journey of VWAP Mastery
WHO IS KORBS
My name is Aaron Korbs and I'm a professional Futures Day Trader expert in Auction Market Theory, Order Flow & Volume Profile.
I'm the founder of Tradacc.com and creator of Funding Accelerator™ and the Profile Method™ where I help traders leverage institutional capital by focusing on Volume Profile methodology.
I typically work with people that want to create a reliable online side hustle or that would like to turn trading into their main profession.
go.tradacc.com/m/korbs
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Happy Trading & Watch Your Risk
- Korbs
#AlphaTrends #BrianShannon #VWAP #AVWAP #SpeculatorsPodcast
Risk Disclaimer: go.tradacc.com/Risk
✅ Get 40% OFF Any Evaluation at Elite Trader Funding: go.tradacc.com/getfunded-elitetrader [Use Code: ETFKORBS]
One of the realist traders out there. Humble, down to earth and really knowledgeable. Ive learned a lot from him over the last couple years. great conversation
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Brian is a genious - very sophisticated as well and a great personality - to the point
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Brian is the real deal. hes been teaching long before these finfluencers were born. wish more folks like him got credit/views they deserve (vs some of these other thumbnail kids)
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Brian is a beast! AVWAP was a game changer to my trading years ago
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Risk control means everything regardless of strategy.
AVWAP is to my style a lagging indicator and if I use it then it is to make a counter trade / reversal, which I often do, I use it as a target.
Great conversation, thanks guys!
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17:00 what is he saying about moving average?
That he displays a 5 day moving average on an intraday timeframe