Category Archives for Sami Abusaad
Actionable Swing Trade Ideas for Feb 24 – 28 | Market Update
Traders and analysts have been speculating about a market top for nearly its entire bullish run, which started in 2009. The market had a small drop at the end of last week, but has it hit a top? In this video, Sami explains: – What he thinks will happen after the market goes below the 20 ma – Why the beginning of this week is so important to watch – How the overall market movement could affect TNDM – Why he prefers CONN to INFN – Which setup triggered on TSG’s earnings
Continue Reading -->How to Size Your Trades Correctly – Every Time
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
Continue Reading -->Actionable Swing Trade Ideas for Feb 18 – 21 | Market Update
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
Continue Reading -->How to Use the 200 MA | Top Three 200 MA Strategies
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
Continue Reading -->Actionable Swing Trade Ideas for Feb 10 – 14 | BTC & Market Update
In a little over a week, the market saw a big sell-off, followed by a rebound. This week could prove to be a turning point, so traders should be cautious. In this video, Sami explains: – Which sectors are showing weakness in 2020 – Why he thinks the market could pull back soon – How traders profited from Bitcoin – What ANAB could do on Monday – Which pattern makes CDLX look strong
Continue Reading -->TSLA GOOG: Tesla & Google Trading Plan
Earnings season has brought some surprises and plenty of volatility. Two of the biggest names, TSLA and GOOG, have had major moves that traders could take advantage of. In this video, Sami explains: – Why he had to get out of his TSLA trade – What kind of entry he’ll look for today – How to find a novice gap in BYND – Why he’s not comfortable trading TSLA – Which patterns he looks for in GOOG
Continue Reading -->The Real Reason the Market is Selling Off #Coronavirus
News of coronavirus spreading around the world has dominated the media, and a lot of people blamed Friday’s big sell-off on the health scare. But Sami Abusaad believes there’s actually another reason why the market is selling off. In this video, Sami explains: – Why supply and demand dictates market movement – What happens when the market is ready to pull back – Why bearish news is good in a bullish market – When the news doesn’t matter for the market – How the media can harm a trader’s success
Continue Reading -->Actionable Swing Trade Ideas for Feb 3 – 7 | BTC & Market Update
The market took a major hit on Friday with news of the coronavirus spreading, and a lot of stocks closed at their lowest in months. Find out what to expect this week after such a big drop. In this video, Sami explains: – Why his prediction for last Monday was correct – What happens after a wide-range red bar – How he plays a 1-2-3 pattern – Where he thinks the market is heading – What pattern can be found in Bitcoin
Continue Reading -->Lessons from My Trading Journey | James Young | Strategic Day Trader
The stock market is often daunting for a beginner trader, but Strategic Day Trader subscriber James Young became a SDT room moderator within only 5 months of day trading. Learn how he was able to improve his trading skills and what advice he has for new traders In this video, James explains: – What his work experience was before starting to trade – Why he decided to join Strategic Day Trader – How Sami’s mentorship program changed his trading skills – Why being a room moderator is important to him – What his four keys to day trading are
Continue Reading -->Actionable Swing Trade Ideas for Jan 27-31 | Market Update (Important)
For the first time in a couple of months, the QQQ daily chart has a wide range red bar, although the SPY is not quite as extended. The rest of this week holds some major earnings reports and possible effects from news headlines. In this video, Sami explains: – Why he thinks the QQQ hourly 20 ma is interesting – What he is hopeful for in the coming week – Why it’d be better for the market to drop a little bit – What he looks for when looking for targets – Why this is a difficult time for swing trading
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