VWAP

Breitstein opens with his career at Trillium, one of the oldest prop firms, where he achieved the highest annual trading P&L in the firm's history. What looks like a success story is actually a lesson in retrospective analysis. After years believing his edge came from technology and data, a deep post-career review revealed the real pattern: his best trades were always aligned with the trend across timeframes, and his worst trades — the painful, expensive ones — were fights against it. That single discovery became the organizing principle for everything he teaches.

"I'll never be long if a stock is steadily holding below VWAP."