Why I Don’t Like Weekly Options
I have a love/hate relationship with weekly options. They are some of the most heavily traded contracts but they are often some of the worst contracts to trade. I am going to talk about when I trade them and why I avoid them pretty frequently as well.
Continue Reading -->How to Use Support and Resistance in Your Trading
This might be the most important trading lesson Sami’s ever taught. Traders throw the words “support” and “resistance” around quite a bit, but what do they really mean? In this video lesson, Sami Abusaad goes over: How to calculate minor support and resistance Where professional traders actually buy How to spot sold-out bears and bargain hunters Why bases are better than pivots And more So if you’re ready to add some precision to your trading, this video is perfect for you. Don’t rely on touchy-feely concepts when it comes to technical analysis. Instead, follow a specific, defined system like this one!
Continue Reading -->The Sloppiest Market I’ve Ever Seen
Sami calls the “sloppiest market I’ve ever seen.” So of course, you should just down your trading account and take up archery instead. We’re kidding! This video, Sami goes over: Why QQQ needs to take out $199.68 on a closing basis Where a weekly buy setup could kick in on SPY BSX, CDAP, IOVA, NLS, and other names on Sami’s Buy List FI, GLNG, HMI, PETS, and the Sell List Why Sami plans to take things slow Check it out!
Continue Reading -->F.A.N.G. & Friends! Your Favorite Stocks Analyzed
Welcome to an all-new type of video from Sami Abusaad! Sami breaks down the stocks you love, including the infamous F.A.N.G. names, plus a host of others like MSFT, NVDA, AMD, TWTR, and GLD. You’ll learn: What could get SPY and QQQ back to all-time highs How the F.A.N.G. names as a whole look in the short-term What these names say about the market as a whole Which name is the dog of the bunch Where gold can go next And a whole lot more! So if you’re looking for some guidance on your overall portfolio strategy, check out this video. You’ll have an expert’s view on where things can go, and why.
Continue Reading -->Red Dog Reversal Case Study: Spotting Who’s in Control
My favorite strategy — the Red Dog Reversal — helps me spot reversals. But it can also help you determine a change in active control from the bulls to bears (or vice versa). That’s exactly what happened on Wednesday. This is the chart I showed that day: On Wednesday, SPY broke below Monday and Tuesday’s lows ($285.58 and $286.03), and then reclaimed them to trigger the Red Dog Reversal long signal. The stop would go at the low of $285.25. If I like the follow through, sometimes I take a third of the position home as a swing trade. And in the updated chart, you can see how the trade followed through for the rest of the week, with SPY getting up to resistance at $294ish. So what’s the big lesson? When a pivot low holds, that low becomes a battleground. The computers use that level to stop out longs and shorts. And the movement after tells you whether the bulls or bears are winning. In this case, the bulls won. Positions Disclosure: As of 8/30/2019 at 12:27 p.m. ET, Scott J. Redler was long SNAP, GLD calls; is short ROKU, GLD calls
Continue Reading -->How to Use Volume in Your Trading
You often hear that volume is important in trading. But how can you actually put it to work when it comes to buying and selling? In this video, Sami breaks down: The 3 different types of volume How to use volume to predict price reversals How to use volume to spot continuation moves If you want to integrate volume analysis into your trading, this video is a must-watch.
Continue Reading -->Scott Redler’s Greatest Hits Volume 1: Moving Averages, Gold, and More!
Want to get to know T3 Live Chief Strategic Officer Scott Redler? Then dive into 5 of his most popular trading tutorials and tip collections right now. You’ll gain an understanding of how he approaches the market, how he manages positions, and most importantly, his trading philosophy — which pledges patience, planning, and perseverance. 1) The Ultimate Guide to Moving Averages: Trend Analysis the Pro’s Way Moving averages are some of Scott’s most important trading tools. They help Scott understand the trend, and attack the market with the right mix of long and shorts. See which moving averages Scott uses, and why each of them matters. 2) Beyond Meat Delivers While Scott tends to avoid high-risk trades, they can make sense if the potential reward is there. See the technical signals that had Scott taking BYND call options into earnings in June, and get a quick lesson in judging earnings reactions. Remember, the market reaction is far more important than the numbers themselves. 3) 10 Trading Rules I’ll Teach My Son This is the unsexy, harsh truth about trading you never hear about on TV. This is what every beginner needs to know before they even open an account. Trading is a hard business, so you need to hear these rules so you can set the right expectations for yourself. 4) How to Take Control of Your Trading, and Finally Turn Things Around Every day is a new day. And that’s the beauty of trading. You can always start over and build back up again. But if you want to make a fresh start, you need a reality check. Bookmark this article and read it once a quarter to help you stay on track. 5) Yes, I Trade Gold Scott’s best known for trading large cap tech stocks and fast-moving IPO’s. But he’s not afraid to look for opportunities elsewhere. See what got him into gold earlier in the summer before a huge move higher. Stay tuned for Volume 2…
Continue Reading -->How to Size Options Positions in a Choppy Tape
Multi-point moves each day is creating a ton of action in stocks, which means a ton of opportunities. Adjusting position size is important when the market is lacking direction like it is now.
Continue Reading -->Why Friday’s Big Red Bar Will Have Consequences
Sami Abusaad just recorded 3 (yes, 3!) videos. Watch them and get 100% up-to-date with the market action. First, he recorded a very special update on the broader market action. Sami only does these videos occasionally, so pay attention. He discusses: Why the big red bar in QQQ on Friday is a very big deal — and not in a good way. Why Sami is actually excited about the short-term market action The exact level on QQQ that can signal all-out bearish action, and what could trigger Sami to get massively short: Next, Sami issues this week’s swing trading game plan. In keeping with his concerns about QQQ, Sami has very few long ideas on tap. Meanwhile, his short list is MASSIVE, with names like CLVS, CPLG, ENPH, NEWM, and more. Want the exact trigger levels? Then check out Strategic Swing Trader. And finally, he issues his latest analysis on Bitcoin, where a W pattern is forming. It’s not the best W pattern he’s seen in Bitcoin… but it might be good enough. Sami offers his entry, stop, and target levels, so check ’em out: .
Continue Reading -->How Sami Uses Moving Averages in His Trading
Sami Abusaad only ever uses two indicators in his trading: the moving average and volume. However, he considers the moving average is his #1 indicator, exclusively using 20 and 200 moving averages to guide him towards expert plays. Watch now to learn why these are so important to Sami, and learn how you can use them in your trading:
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