Category Archives for Sami Abusaad
The Gaps I’m Looking to Trade Today
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.
Continue Reading -->The Difference Between Trading Strategies and Tactics
Ifan Wei | Black Room LessonsThe terms ‘Strategies’ and ‘Tactics’ are often used interchangably. For others, they are distinct components of a trading plan that can vary greatly from person to person. For me, a strategy determines the direction of the play, and the tactics are the methods for execution. This video outlines how the strategy and tactics are defined for each trade I take.
Continue Reading -->Where I Place My Initial Stop, and Why It’s So Important
Ryan Tonking | Black Room LessonsToday we’ll look at the root reason for where to place my initial stop. My only trade today is a great example of choosing stop location. The initial stop is more important than the entry. Everything else in the trade is built off of it. Just like choosing an entry, there are always many places to put a stop; however, there is one underlying principle that I use to choose the location.
Continue Reading -->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 at the open.
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 today.
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.
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