Week 7 Session: Day Trading

A critique session: unlike Week 6, you’re not building a plan from scratch — you’re finding what’s wrong with someone else’s, using this week’s spread, slippage and VWAP material.

What you’re given#

A simulated intraday trade plan, already written, that looks reasonable at a glance but is missing or misusing at least one piece of day-trading-specific context: no spread/slippage estimate, or VWAP treated as a standalone buy/sell signal rather than one piece of evidence.

What you do#

Diagnose the plan: identify the bid/ask spread and a slippage estimate for the instrument it’s built on, check whether its use of VWAP and the day’s trend/range is doing the job of context or being treated as a signal on its own, and state specifically what would need to change to make the plan sound under day-trading conditions.

What you produce#

A written critique naming what’s missing or wrong in the given plan, plus a corrected version of the parts you flagged — entry, invalidation, sizing or exit — with the spread/VWAP context now actually accounted for.

Why it matters#

The Strategy Lab asks for a day-trading plan built the right way the first time; this session is where the failure modes get named before you have to avoid them yourself.