The Volume Weighted Average Price (VWAP) of a stock, in basic terms, is the “average” price of the stock relative to the amount of volume it has traded during the day. With greater emphasis on monitoring VWAP due to algorithms impacting intraday trading activities, you might be surprised to learn that many day trading software firms do not use a standardized calculation of VWAP! While both calculations will produce similar results, you may wish to contact your day trading software firm to ask wh
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March 15th, 2011
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