Category Archives for Sami Abusaad
Sami’s Game Plan: What I’m Looking for on Monday
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market, as well as a review of some swing and day trade ideas for today. See Sami’s gap list and the other names he’s eyeing for action.
Continue Reading -->Why I Love Trading Gaps at the Open
Ryan Tonking | Black Room LessonsGaps create some of the best opportunity in the market. In this video we’ll look at 2 winners I took at the open and how I made today’s money in the first 15 minutes of the open. We’ll also cover my “behind the scenes” reason why I go after gaps […]
Continue Reading -->3 Simple Ways to Manage Trades When There Is No Clear Support and Resistance
Ryan Tonking | Black Room LessonsRoutinely, we buy at support. We sell at resistance. However, in instances where there are no reference points, how do we know when to take profits? This video outlines 3 simplified options to manage your play when targets are off the chart.
Continue Reading -->When to Trade a Stock the Day After a Gap
Ryan Tonking | Black Room LessonsIn this video we’ll talk about when I look to trade a stock the day after a gap and when I ignore it. We’ll cover the impact of WRB vs. Doji bars and how to capitalize on both, giving 2 examples of the trades I called in the Black Room […]
Continue Reading -->Sami Abusaad’s Trading Radar: What to Watch
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for tomorrow.
Continue Reading -->How to Set Trading Expectations In Line With the Market
Sami Abusaad | Black Room LessonsToday’s video talks about balancing expectations with the current environment. It’s said that resentments form when unrealistic expectations are unmet. That is not a good place to be when trading. However, I found something very helpful about ticker symbol HD that I used to keep from falling into this trap.
Continue Reading -->Black Room Prep: The Trades I’m Watching for Tomorrow
Sami Abusaad | Black Room LessonsIn this video, I go over my day and swing watch lists for tomorrow.
Continue Reading -->Why You Need to Know What Stage Your Stock Is In
Ryan Tonking | Black Room LessonsToday’s video talks about the importance of knowing what stage the stock is in before entering. We’ll use some current examples to show why this is so important to avoid unnecessary stops and early entries. We’ll also look at why it’s not always best to “catch the top” when you […]
Continue Reading -->My Favorite Day Trading Strategy for ‘Flawed’ Setups
Sami Abusaad | Black Room LessonsIn theory, only patterns with no major flaws should be playable. However, such patterns are rare, and limiting one’s trading to picture perfect patterns will virtually guarantee missing out on most days. As such, some patterns that are not considered “flawless” should become playable if the stock makes a move […]
Continue Reading -->A Unique Way to Catch Tops and Bottoms By Going Against the Trend
Sami Abusaad | Black Room LessonsIn the stock market, what seems low often goes lower, and what seems high tends to go even higher. However, most traders can’t resist a good bargain. The temptation to buy a falling stock is usually exasperated by the fact that falling stocks occasionally have notable bounces, perhaps on high […]
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