It’s late in the quarter but it’s a packed week of earnings. Expect a busy stretch of Software, Biotech and Retail numbers.
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Ever been sitting in a spread and been tempted to uncover it to have just standard calls or puts? I have a specific way I approach uncovering spreads.
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The crazy action in Tech has captured most traders’ attention but there is plenty of interesting patterns taking shape elsewhere. As stocks get increasingly extended, it’s important to shift focus around to other areas.
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Some traders take the same share size on every play regardless of the price of stock (e.g., 500 shares of $BAC, 500 shares of $AAPL, etc.). This leads to wild swings in their P&L’s. Others share size based on their conviction in the play. If they really like it, they oversize it, and they don’t, they undersize. While this might make sense on paper, in the long run, it’s actually the worst way to share size your trades. In this video, Sami explains: – Why you should determine risk and reward before entering a trade – How the stop size corresponds with the share size – When he calculates his share sizes – Why conviction or the quality of trade doesn’t matter for share size – What are the only things that matter in trading
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Coronavirus news is still dominating the headlines, and traders are wondering how exactly it will affect stocks. Over the weekend, AAPL announced that it would not meet its revenue forecast due to the virus. T3Live’s Director of Education gives an analysis of the current market and a review of several swing ideas for the upcoming week. In this video, Sami explains: – When he would change his bias to bearish – What caused the most growth in late 2019 and 2020 – Why he likes GDOT, even though it’s a little late to enter – Which position he plans to take in GILD – Where he likes to enter for short and long positions
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We are heading into the down-slope of earnings season but there are plenty of volatile names still expected to report. Expect a busy week of Tech and Energy reports.
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IBM has been a tough name for years so when it ripped 10% recently, people started to take notice. Now the stock is arguably more interesting as 2 key things are aligning.
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BYND had a huge move to start the year and it’s been chopping around for a few weeks. One of my favorite patterns is beginning to take shape and it may be signalling another big move soon.
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Traders are always trying to determine whether they should rely on a simple or exponential moving average, but Sami Abusaad believes that simple is always the way to go. In this video, Sami explains: – Why traders shouldn’t use both simple and exponential moving averages – When the 200 ma is strongest – What you should do when a chart drops to the 200 ma on multiple time frames – How to use the 200 ma with gaps – When the 200 ma signals a buy or sell opportunity
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Find yourself getting spun around trading too much on a day when the market is choppy and/or consolidating? I have a rule I use to help me gauge when to be more active or less active during the day.
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