Dave Landry's Trading The Stock Market Trends · Dave Landry's Trading The Stock Market Trends

Podcast-Living With The Nuances Of Trend Trading, Trading The VIX: Dave Landry’s The Week In Charts

·1 hr·5 clips

Dave Landry explains why most traders fail and the one missing piece that changed everything.

Dave Landry hosts this episode of his Week in Charts series, focusing on current market conditions and his trend trading methodology. He analyzes specific charts and trades, emphasizing the psychological challenges of managing open profits and losses. Landry shares a detailed review of his recent intraday trading in the VIX and several longer-term equity positions. He begins by recounting a technical issue where his dog chewed through his internet cable just before the market opened. Landry states the market is at an inflection point, moving from "bad to worse," and stresses the importance of his methodology as a missing piece for most traders. He revisits a VIX trade from the prior week, showing a chart where the VIX's distance from its 10-day simple moving average signaled a reversion-to-the-mean opportunity. Landry explains he entered a trade in the SPX Y, an instrument correlated to the VIX, using a one-point stop and a one-point initial profit target on a 30-minute chart. He describes an ideal "set it and forget it" intraday approach where a limit order hits the profit target and a trailing stop manages the remainder. For the current week, he shows a similar VIX setup where the indicator was stretched over 60% from its moving average, prompting another reversion trade. Landry details his actual trades in a model account, where an early, aggressive entry lost $56, but a later entry netted $100 after hitting its profit target. He then exited and re-entered the position later, capturing another $100, for a total daily gain of $288. He admits this active in-and-out trading is not his ideal method, which would be to let a single trailing stop run. Landry reviews several longer-term positions from his trading service, including TFPM, where he discusses the emotional difficulty of potentially giving up $3,600 in open profits to secure a $4,700 total gain. He also covers trades in KGC, AXTI, and AG, noting specific profit figures and stop-out levels. Landry presents a new short setup in Victoria's Secret (VSCO), describing it as a "bow tie" pattern following a false breakout to all-time highs. He explains the rationale for shorting is to profit in downtrends and to better see both sides of the market. Landry shares his "Landry 100" list, noting that speculative stocks remain active but sector rotation is increasing, and well-known stocks are becoming sources of funds during market weakness. He concludes with a market timing system using a 50-week moving average and a "10 percent line," inspired by a client named Jeff, to gauge when to be cautious. Landry briefly shows a Bitcoin chart, noting it looks "pretty ugly" and is trying to bottom, but he wouldn't buy it yet. The tone is highly conversational, educational, and confessional, with Landry openly sharing his trading mistakes and emotional struggles. Active traders interested in technical analysis, VIX trading, and the psychology of managing positions would find this episode highly valuable. Listeners seeking fundamental analysis, macroeconomic commentary, or a highly polished presentation might want to skip it.

As heard by us

A live webinar focused on trend trading, chart setups, and trader psychology.

This Week in Charts keeps its attention on charts and live method, which is where its strongest value sits. It moves through trend-trading setups in a practical way, including the Landry Light pullback, a double top knockout, and a trend knockout, while also touching trader…

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Why you'd press play

Press play if you want chart-based trade logic and a live look at current market conditions.

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