All posts by admin
Market Wrap: Big Jobs Numbers, Incoming Hurricane
Ifan Wei | Market WrapIfan breaks down today’s market action:
Continue Reading -->How to Scan Stocks for Actionable Patterns Part 1
Ryan Tonking | Black Room LessonsI often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This will be a 4-part series that covers gaps, relative strength/relative weakness, 15min patterns, and more!(Click for Part 2 of the series)
Continue Reading -->ORCL Case Study: An Unusual Way to Play a Calendar Spread
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is about the recent ORCL calendar call spread. It was a little bit of an unusual trade and something unique to options.
Continue Reading -->Sami’s Swing Trade Monitor: September 10 – 14
Sami Abusaad | Swing TradingSami Abusaad discusses the swing trades he’s targeting for this week.
Continue Reading -->What I’m Really Risking on a Bad Trade
Ryan Tonking | Black Room LessonsBeing that I am a discretionary trader, I have to make a choice on which patterns to take. Today’s video shows that taking a bad trade or a trade that is out of strategy effects more than just that risk unit. There is a lot more on the line when I jump into a bad trade.
Continue Reading -->The State of the Market for Options Traders
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about the state of the market. The recent weakness is creating opportunities but it’s important to follow the flow of news.
Continue Reading -->AMD Case Study: Why Trade Management Is So Important with Options
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about the ongoing trade on AMD. It is a recent example of why options rolling/trade management is different than stocks and can be so rewarding.
Continue Reading -->The Swing Trades I’m Targeting This Week
Sami Abusaad | Swing TradingSami Abusaad discusses the swing trade ideas he’s targeting for this week, 9-3 to 9-7.
Continue Reading -->How to Set Support and Resistance on a Gapping Stock
Ryan Tonking | Black Room LessonsA lot of times when a stock Gaps there may not be any immediate support or resistance; however, that doesn’t mean that none will form. When we were watching DVA this morning that is exactly what we saw, and we were able to get short at the right location.
Continue Reading -->A Common Trading Setup That I Pass on 100% of the Time
Ifan Wei | Black Room LessonsBuy Low; Sell High. It sounds easy, but that’s because it is incomplete. Trying to apply the age-old axiom in the wrong context can be a recipe for disaster. The low-of-the-day base is a low odds setup that I pass on every time.
Continue Reading -->