29 Unconventional Things Sami Abusaad Will Teach You at His Next LIVE Mentorship
We just opened registration for Sami Abusaad’s next LIVE Mentorship program held October 21 – 25, 2019 in New York City.This is your chance to:Sit next to a top professional trader as he risks his own capital in front of your eyesLearn 100+ patterns, tips, tricks, and hacks for making money in all market environmentsGet his top trade ideas in real time so you can make money too!Sami’s June 2019 Mentorship in Chicago was a smash hit.Here are some comments from attendees:I made $8,890 on PVTL puts that only cost me $500 to buy. I also made $2,803 on GME puts that cost $500. This paid for the program and then some! Thank you Sami! -George from ChicagoIt was a very interesting week, being with other traders. Although a lot of material was covered, Sami was very thorough and helpful explaining all the topics. -Dave from OhioMy favorite thing about the Mentorship was sitting next to Sami and seeing how he trades.I learned so much that I did not want the experience to end! -Marlene from ChicagoIt was great experience. I truly enjoyed sitting next to a pro trader and copying his method. My favorite thing about the Mentorship was the Earnings Plays. -Mustafa from IndianapolisI always wondered how Sami scans for stocks. When he showed us how he scans 1500 stock charts in 2 hours without special, high-tech software, I was convinced that he is a machine. -Edna from ChicagoAside from the awesome material you learn, as traders we’re always alone in front of a screen. It was an amazing experience to be in a room full of traders with the same goals and bouncing ideas off each other. -Jason from Los AngelesIn fact, these events are so fun, informative, and lucrative (yes, some attendees make a ton of money) that traders have traveled from Europe, South America, and the Middle East multiple times to work with Sami.Here’s a small sampling of what you’ll learn how to do. This is on top of trading live with Sami, where he shares his trades and thoughts on the action:29. Profit from a specific class of news-driven gap that tell you a certain stock is “The One”Yes, the news can tell you which stocks are the chosen ones.28. Read the Level II screen like a pro so you can spot a favorable imbalance that works in your favorLevel II is useless most of the time… but there are times when it gives you an advantage.27. React exactly the right way when a swing trade gaps big in your favorYou’re long AAPL and it gaps up big – do you know exactly what do to next?26. Understand the 2 times to break trade management rulesRules are made to broken — but only some of the time! Find out when Sami does it…25. See why volume is underrated, except in two very specific situationsSami doesn’t care about volume, except in very rare situations.24. Find stocks that will gap up in the direction of the trend after an earnings reportYes, you can trade earnings. But only if you ignore the headlines and obsess over the chart.23. See what a picture perfect pre-earnings short looks likeDo you know exactly when to bet against a stock pre-earnings.22. Understand when to buy every dip like a darn foolIt may feel wrong to buy the dip – but sometimes it makes sense.21. Learn the weird reason Sami uses PowerPoint to create his trading planPowerPoint has a unique function that can help “imprint” your trading plan into your brain.20. Ignore your weaknesses and focus on your strengthsThere are only so many things you can fix. But instead, forget about them and work on your strengths.19. Know the only 4 ways stocks go climactic, and why you need to analyze them in two time framesWhen stocks make big moves, you must know exactly how to break them down so you can jump on – or off.18. Understand the exact profit level you need to hit before trading bigger sizeThere is a simple formula that will tell you when to scale up.17. Take a lesson from Wal-Mart — and completely change how you track your tradesAre you collecting your trade data the right way? You should do it the way Wal-Mart does.16. See the ‘hidden’ stage of price cycles that Sami uses for 50% of his swing tradesWe’ll let you in on a secret: gaps are HUGE to Sami. Do you know exactly how to rate, analyze, and trade them?15. Spot the 1 feature of an igniting gap that “tips you off” to something biggerOnce in a while, a gap signals a monumental move. Do you know how to spot it?14. Scan for high-probability earnings plays the same “old school” way Sami does itSami is 100% pro technology – but sometimes it pays to go old school.13. Skyrocket your productivity with just 4 hot keys, while eliminating order entry mistakesIf you are trading with a mouse, you are literally being left behind! You must become a master of your keyboard hot keys!12. See the special function Sami assigns to the ‘Escape’ keyBelieve it or not, the ‘Escape’ key is the most important one on Sami’s keyboard11. Learn how Sami alters his exit parameters based upon a stock’s liquidityHe doesn’t just hit sell — maximizing profit requires a little finesse!10. Transform a pattern into an actual winning strategy (these are 2 very different things)Anyone can read a chart? Can you turn one into cash?9. Understand Sami’s “Bleed” pattern, which is his #1 short-term trading setupIf it bleeds… you can short it. This is how Sami does it.8. Use a special type of software (It’s 100% free) to review your charts after your trading dayEasily the most efficient way to track your progress with charts.7. Learn the most powerful setup for a volatile market — a setup that works especially well on higher-priced stocks like AMZN and GOOGLDo you like those high-priced tech stocks? Sami has a special recipe for trading them in
Continue Reading -->Options In Play – Earnings on the Radar This Week
The Software and new IPO blitz will quiet down this coming week, and Retail will take the spotlight again. LULU and RH will be a couple of featured reports, and AVGO is the major Tech name on watch.
Continue Reading -->This Ugly Retailer Could Look Beautiful Very Soon
Last week, Sami said we would need a wide range bar — a clear sign of panic — to get the market going back up. We got that last Monday to exhaust the market. Now let’s see what’s coming next. And in this video, Sami explains why he thinks the market will follow this sequences: Go Up Retest Go Higher Watch the video to see how exactly this could play out price-wise, and how he plans to take advantage of it. Also, see which names Sami is looking to play this week, including a beaten-down retail that may be bottoming after getting absolutely destroyed. Other names Sami is looking to play includes HSGX, PVTL, STMP, CLDR, CONN, FEYE, and more.
Continue Reading -->Scott Redler: Beyond Meat Delivers Big Time
Yesterday, I took Beyond Meat (BYND) call options into its earnings report. Now I’m going to show you how the trade worked out, plus a quick trick for judging a stock’s initial earnings reaction. Here’s the Tweet I sent to Redler All-Access readers:As I noted, these trades are pure spec. When they work out, they’re amazing. And when they fail, you lose 100% — which has happened to me in the past. So I’m always extra careful with them. Still, I liked the setup enough to speculate. And it worked out nicely with BYND gapping up over 25% at the open. Here’s a chart of the call options:The calls opened at $27.30 and hit a high of $29.50 before coming down to $20 in the first minute. I was out of all my calls by 9:41 a.m. ET. But what if you didn’t get in ahead of the print? What could you have done? Well, after a company reports earnings, I always look to see if a prior momentum high gets taken out. If it does, the stock often extends. In this case, it was the $108.67 high. You can see how the stock sliced right through it after hours yesterday:Again, this was a high-risk trade — but sometimes, the reward is worth it. Positions Disclosure: As of 6/7/2019 at 11:02 a.m. ET, Scott J. Redler was long UBER, AMD, GOOGL calls; is short SPY
Continue Reading -->Options In Play – UBER Is Gearing Up For a Big Ride
Options can be a great way to play ideas where patterns can take some time to develop. UBER was a name that came onto our radar and it chopped around for a while but now things are beginning to line up for a big move.
Continue Reading -->Options In Play – Riding the SBUX Trend
We are back to a 2 way tape and trades are playing out quick. SBUX is a nice example of sticking with an idea and the faster style of trade management we are using.
Continue Reading -->Scott Redler: When Holding Overnight Is Hard, These Tactics Help
Holding stocks overnight has been hard lately, so I came in today flat equities. That means I had to lean on intraday tactics, as I’ll outline today with an SPY trade. I didn’t like today’s setup. We were gapping up after a tough day yesterday. But just because I don’t like the setup doesn’t means I won’t trade it. I adapt to the action, or I don’t get paid. It’s as simple as that. In today’s Redler All-Access Morning Note, I said: SPY made a low at $273.09 yesterday later in the afternoon, which complicated things. Buyers stepped up in the last 20 minutes and now we’ll see if it holds above yesterday’s high of $276.55. If it holds, next resistance is up at the 200 day at $277.60ish. Now let’s look at today’s intraday chart so you can see how I traded it based on my plan:SPY gapped up to start the day, so mission #1 was to see if the gap held. It did, and around 10:12 a.m., I bought SPY with a stop at the morning low of $276.62 — just above yesterday’s high of $276.55. I added when it crossed above $277. Then it took out the morning high of $277.63. After that I started selling, and I closed it out around $279 — good for a $2+ gain from the original buy. You could have followed this all live on the VTF®. (If you want to learn my process for scaling in/out with a Tier System, check out the Path to Profits program.) The lesson here is simple: on a gap up after a downtrend, you want to see that gap hold. And you want the market to stay above prior key pivots. Then you often get continuation in the direction of the gap. And on the downside, if the low of the day breaks, I’ll typically just stop out. There’s no need to press things in an uncertain market. Facebook’s (FB) Red Dog Reversal The Red Dog Reversal is another of my favorite intraday tactics — and Facebook had a beautiful one today when it broke below $161 to hit a low of $160.84.Then it reclaimed $161 to trigger a long signal. With RDR’s, I put my stop at the day’s low. So that’s 16 cents of risk. FB went on to break $167 — pretty amazing! I’d look to trim, though it has room to $170. (If you want to learn the full Red Dog Reversal process, check out the Path to Profits program.) Positions Disclosure: As of 6/4/2019 at 1:31 p.m. ET, Scott J. Redler was long TSLA calls
Continue Reading -->Take T3 Live’s Trader Experience Survey
Interested in taking your trading skills to the next level? Fill out the form below to request a friendly 1:1 consultation with a Trader Counselor that can help you figure out the specific trading solution that makes sense for you.Loading…
Continue Reading -->How to Recession-Proof Your Investments
Sami Abusaad takes a deep look into the Gold market as a way to get through the potential market dip coming our way. If things go south, this is Sami’s play to keep his account afloat – and it should be yours. too. He starts off with GLD, the tracking ETF for the Gold market, to get you up to speed on his bullish position. Yes, he’s heard all of the arguments against GLD, but he’s got a unique way of looking at it. While other traders may be bearish, Sami’s indicators are telling him that there is a very favorable risk/reward ratio being set up. Sami’s in, but you’ll have to decide for yourself if the move is right for you. Plus, Sami explains why waiting for the perfect buy opportunity is counterproductive to your profitability. You are actually hurting yourself by waiting for safe plays. Is it time to get comfortable with a little danger? Sami then takes an even deeper look at the Gold market, checking out the individual stocks that make up GLD. Two of the bunch are surefire winners that he plans to play for profit, but he’s not revealing which just yet. Is it time to get in on GLD? Recession-proof yourself today, with Sami’s help.
Continue Reading -->Options In Play – Pressing After A Big Gap
In a video last week, I spoke about quick bull set ups in ROKU and CSCO that developed after big gaps. BIDU had a huge gap lower after earnings and we didn’t stick with the short for a specific reason.
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