Category Archives for Sami Abusaad
Why NVIDIA Is Going to $100 (Sami Abusaad’s Swing Trade Game Plan)
Welcome to this week’s swing trade game plan. (Fast forward to 14 minutes to see Sami’s take on NVDA) In this new video, Sami goes over: How we’ll know if the market is double topping The problem with the QQQ’s on Friday’s close Why Sami likes ABNB, PATH, SFIX, TOST, and others Why NVDA may be going to $100 Why Sami doesn’t like SBUX and WBA
Continue Reading -->Why Bitcoin Is In Trouble
In this week’s swing trade game plan, Sami Abusaad goes over: Why the Bitcoin uptrend is over on the daily chart Where Bitcoin may go next When to NEVER touch Bitcoin Why Sami went to cash on Friday in his 401/k after a +20% run in QQQ The 2 big tech names that look ready to rock – even with the market looking shaky Bullish ideas including Carvana (CVNA) and Robinhood (HOOD) Bearish ideas like Jabil (JBL) and Lattice Semiconductor (LSCC)
Continue Reading -->Yes, I’m Very Cautious Here
Want Sami to Be Your Mentor? Go Here to Learn About the Pristine Mentorship Fast forward to 7:30 in the video to learn about it. Yes, Sami Abusaad is cautious on the market, as he explains in this video. Sami goes through the action in the semiconductors and shows why the market may be taking a break. We also go over: What beginning traders need to do The wrong questions to be asking The odd way Buddhism relates to trading What makes the Pristine Mentorship the most comprehensive transformation program we’ve ever launched Why people love the Mentorship so much How you can work with Sami and James Young
Continue Reading -->Sami Abusaad’s Swing Trade Game Plan: June 17, 2024
In this week’s swing trade game plan, Sami goes over: Why SPY and QQQ look bullish What’s different about IWM Why he likes AFMD, ANET, CARR, TTWO, and other names Why he doesn’t like ANF, PATH, and VSTS His favorite crypto name at the moment And MORE!
Continue Reading -->Sami Abusaad’s Swing Trade Game Plan: June 10, 2024
In today’s swing trading game plan, Sami Abusaad goes over: Where he sees the broader markets going from here Why Friday’s lows are important Where IWM can fall to Why he likes AMD, INCY, SNAP, and TTRIP Which names he doesn’t like from here
Continue Reading -->Why Robinhood Stock Can Hit $40
Today Sami goes over: -Why Robinhood $HOOD stock can hit $30… or even $40 -Where Nvidia $NVDA is going next -If Tesla $TSLA is a buy -His latest update on Bitcoin -Whether the Cannabis sector $MSOS has bottomed
Continue Reading -->Trading Psychology Tip – Do What IS NOT Comfortable
Sami Abusaad explains why in trading, you can’t always do what’s comfortable. When you feel very strongly about something, you should often do the opposite. Sami learned this from the Marty Schultz book “Pitbull” — specifically when Marty says you should double a position.
Continue Reading -->Why Sami Abusaad Stuck with Nvidia
In this video, Sami Abusaad discusses why he stuck with Nvidia (NVDA) in the Strategic Swing Trader newsletter. Sami also goes over: Why he’s been wildly bullish on Robinhood (HOOD) What he thinks of Dell (DELL) into earnings Why China might be a buy Why he uses the 20 day moving average When Sami uses volume in his trading And more!
Continue Reading -->Swing Trading 101: How Sami Lost $65,000 Before He Hit It Big
Before I got into the stock market, I was a CPA. After 8 years of continuing education, I decided I’m not doing that anymore. So, I gave up my CPA license. But I had saved up $20,000 while I was going to college, and didn’t know what to do with it. I read about how Warren Buffett, the second richest man in the world, made all of his money from investing. So I was fascinated. And then I read about a 21-year old kid from New York, who made $1 million dollars the year before. I thought “I’m going to blow them out of the water.” That’s how competitive I was. Not arrogant, just competitive. So I opened an account with $16,000, and in 6 months, I made $10,000. 6 months after that, I had $50,000 We’re not talking big money here but I was amazed that I went from $16,000 to $50,000 in a year. My PhD brother said “if you can make that kind of money by buying and holding, imagine what you could do playing these active stocks. He was referring to the stocks on the new highs list. That’s when I got into day trading. And then in a few short months, I lost everything, and $15,000 more. So I lost $65,000 off the top. That when I realized I didn’t know as much as I thought I did. And I started to look for professional trading education. After that I participated in a trading challenge from Zacks.com. The winner of that challenge received $100,000 at the end of the year. I did rather poorly. But I did something achieved something than winning the challenge. I met the guy who who. He turned $100,000 into $2 million within a year. He wrote a blog post about his dad passing away. So I just sent him a heartfelt message expressing my condolences. And then we got to talking and then he told me that he had been a professional trader for 15 years. He learned from a system called Trading the Pristine ® method. He told me to check it out, so I did.The rest is history. I became a member of the community, and then I was invited to teach. I didn’t want to be a teacher. I just wanted to trade. But my house was being remodeled, and I thought I’d try it for 6 months during the construction. Before I knew it, I was a full-time trader and educator. Eventually, I was named Director of Education of T3 Live. Now let’s talk some actual trading. Throughout the course of my trading career, I realized that not everything works the same in all conditions. Some strategies are only suited for certain environments. So I’ve accumulated a number of strategies over the years that deploy based on market conditions. Today I’m going to talk about swing trading, which is my wealth-building tool. Day trading is for income. Institutional money can’t get in and out of the positions in a day or two. They’re trading millions upon millions of shares. So they’d like to hold for a long time. And they can push stocks up or down by quite a lot. So swing trading gives you the opportunity to take advantage of the institutions’ buying power. Scroll up and watch the video to learn more about Sami’s swing trading strategy.
Continue Reading -->Sami’s Swing Trade Game Plan This Week
Get Sami Abusaad’s swing trade game plan for this week: Find out: Sami’s key levels in SPY, QQQ, and IWM Why ACAD, ETSY, SQQQ, and YANG are on his bullish radar Why AIT, BILL, DB, and RIO could drop
Continue Reading -->