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 -->Options in Play: BIG’s Big Breakdown
BIG was a bright spot in a week of sloppy earnings set ups. Earnings combo trades are some of my favorite and BIG is a textbook example of the strategy.
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 -->Options in Play: Catching Up on Research
The markets are closed today so it is a great time to catch up on research. I’m going to talk about a couple sites I use for building my game plan for upcoming trades.
Continue Reading -->Options in Play: The G20 Crunch
Expectations matter when you are trading options and today is a great lesson highlighting that. SPY option prices were sky high for Monday expiration which made it tough to capitalize on the large move.
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 -->Options in Play: Earnings on the Radar This Week
Today’s video is going to focus on the big reports this week. The holiday is over and this week will be a busy one for this late in the quarter. After you watch the video, click here for our 90% Off Cyber Monday specials. Deal ends at midnight, so don’t miss out.
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