Category Archives for Sami Abusaad
3 Simple but Powerful Rules for Trading Climactic Plays
Sami Abusaad | Strategic Swing TraderIn 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 volume, giving the impression that the stock has bottomed. However, once the short covering subsides, more selling typically follows and the stock falls further, hurting those who most recently bought the stock. So if you want to trade these plays, you must learn the rules!
Continue Reading -->Sami’s Swing Trading Blueprint: December 17-21
Sami Abusaad | Strategic Swing TraderIn this week’s swing trading blueprint, Sami explains why the overall market action looks so sloppy, and shows why the SPY is actually weaker than the QQQ’s. Sami also goes over why he thinks it is not wise to turn bullish back on right now, and goes over some of his top trades for the coming week. And interestingly enough, Sami shares the 1 thing he learned from Jim Cramer years ago!
Continue Reading -->An Update on Where the Market Is Going Long-Term
Ryan Tonking | Black Room lessonsThis morning’s video is an update on the Long Term Market trend. We’ll go over the 3 major indexes I use to gauge the market, QQQ, SPY, IWM. We’ll also talk about what I am expecting short term, and 2 scenarios that could happen and how I’ll be ready to take advantage of them.
Continue Reading -->What a Picture-Perfect Shakeout Looks Like
Ryan Tonking | Black Room lessonsWe had a picture-perfect pattern in RARX today. This video will break down what made this pattern picture-perfect and the importance of waiting for the pattern to set up before you enter. Shake outs are very powerful, but they must set up right to take advantage of them which is what we did today.
Continue Reading -->How Stock Market Trends Bend… and Eventually End
Sami Abusaad | Black Room lessonsIn the stock market, what seems low often goes lower, and what seems high tends to go even higher. That is because trends, especially on larger timeframes, rarely end in a casual fashion. The end is often dramatic and usually results in a climactic move that “exhausts” the trend. But, not all stocks go climactic. Watch today’s lesson to learn about the other ways in which trends end.
Continue Reading -->Sami’s Swing Trading Blueprint – December 10 – 14
Sami Abusaad | Strategic Swing TraderThis video provides an analysis of the current market environment as well as a review of several swing ideas for next week.
Continue Reading -->How to Succeed At Trading Without Being a Chart Wizard
Sami Abusaad | Black Room LessonsMost traders erroneously believe that learning a few chart patterns will make them successful. However, if trading was just a matter of memorizing a few patterns, most would be successful as the Internet is inundated with chart patterns. However, trading requires an intimate knowledge of various things that may have little to do with charts. Cutting losses quickly and letting winners run is just one of those things.
Continue Reading -->Sami’s Swing Trading Blueprint – December 3 – 7
Sami Abusaad | Strategic Swing TraderThis video provides an analysis of the current market environment as well as a review of several swing ideas for next week.
Continue Reading -->How to Spot the Ultimate Failure Pattern
Sami Abusaad | Black Room LessonsEnter your“The market speaks loudest in failure patterns” is as true a saying as it gets on Wall Street.And in this classic video (from when Strategic Day Trader was called the Black Room), Sami shows you his #1 failure pattern: the Money BarYou’ll find out:The incredible power of ‘The Money Bar’What this failure pattern says about trader psychologyHow to spot the pattern on the chartsWhen exactly to take the entryHow to set up a secure stopHow to use it to set up beautiful short tradesWatch this video, and you’ll quickly see the power of this patternIt’s easy to learn, can make you money — and keep you out of trouble.
Continue Reading -->How Healthy is the Market’s Long-Term Trend?
Ryan Tonking | Black Room LessonsWe are certainly seeing interesting times in the market! In today’s video, we’ll look at the health of the long-term trend in the market. I’ll show you were I think that we have some opportunity to the up side, and were I am looking to get out if I am wrong. After you finish the video, click here for our 90%-off Cyber Monday deals.
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