Category Archives for Sami Abusaad
A Unique Way to Catch Tops and Bottoms By Going Against the Trend
Sami Abusaad | Black Room LessonsIn the stock market, what seems low often goes lower, and what seems high tends to go even higher. However, most traders can’t resist a good bargain. The temptation to buy a falling stock is usually exasperated by the fact that falling stocks occasionally have notable bounces, perhaps on high volume, giving the impression that the stock has bottomed. In this video, we discuss what to look for and how to catch a falling knife “the professional way”. Watch the lesson, then join this week’s Black Room Open House.
Continue Reading -->The Basic Structure of a Black Room Trade: Part 2
Ifan Wei | Black Room LessonsA previous video discussed the necessary components of every trade, and how they affect the probability for a winning trade. This video explains why they are necessary even though they reduce chances of being “right.” Watch the lesson, then join this week’s Black Room Open House.
Continue Reading -->The 2 Times When I Use Volume In My Trading
Ryan Tonking | Black Room LessonsToday’s video explains when a volume increases in important, and when it means nothing. Volume spikes can draw a lot of additional attention to a stock. Most of the time, the volume increase means nothing, but today in JEC the volume spike meant a lot. and enabled us to capture a nice move higher.Watch the lesson, then join this week’s Black Room Open House.
Continue Reading -->The Basic Structure of a Black Room Trade
Ifan Wei | Black Room LessonsThis video outlines the necessary components for each and every trade. Then, we discuss the effects each component has on the probability of that trade.Trading is not easy, especially if you are trading on a whim with your gut or listening to ‘hot tips.’ This video will likely discourage a lot of people interested in trading, but it’s important to understand the requirements for structure and consistency.Watch the lesson, then join this week’s Black Room Open House.
Continue Reading -->How a ‘Breakeven Trail’ Can Sabotage Your Winning Trades
Ifan Wei| Black Room LessonsThis video discusses the breakeven trail. There is a psychological comfort to trailing a trade to breakeven because of our natural loss aversion. However, it is too often overused to sabotage potential winners. Watch the lesson, then join this week’s Black Room Open House.
Continue Reading -->Why the Right Psychology Is So Important to Your Trading Success
Ryan Tonking | Black RoomToday, we will look at some trades that were taken and what happened to my mental state as the day progressed.We’ll also cover the shift that happened as a result of taking a break which helped me get back in the game. Entry and exit rules are important, risk management is even more important, and keeping your psychology in a healthy place is the most important part of trading. (After watching the lesson, scroll below the video to sign up for the Black Room Open House)
Continue Reading -->Examining a Healthy Trend – Part 2 | Black Room Lessons (24 Minutes)
Sami Abusaad | Black RoomRyan Tonking (24 Minutes)Today’s video we follow up to last week’s healthy trend video. Last week we talked about trends to watch out for as we come into earning season, and this week we got them. We’ll also look at some familiar trends from this week and what to continue to watch for.
Continue Reading -->Examining a Healthy Trend | Black Room Lessons (18 Minutes)
Ryan Tonking | Black RoomExamining a Healthy Trend (18 Minutes)Today’s video we break down what a healthy trend looks like, and if I’m in one, how I manage the position. We’ll look at a couple recent examples as we get prepared for earnings season. These trends are most prolific as we enter earnings.(see the follow-up to this video here)
Continue Reading -->How You Can Avoid Most Breakout Failures
Sami Abusaad | Black RoomToday’s video is about how to avoid most breakout failures, how to spot the end of a move, and how to successfully initiate a counter-trend trade.
Continue Reading -->Ryan Tonking: When Everything Comes Together for an Incredible Trade
Ryan Tonking | Black RoomOnce in a while, everything comes together perfectly for a big trade. Let Ryan Tonking show you an example of one.
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