The Stocks I’m Watching for Today, and Why I’m Leaning Short
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for today, August 28.
Continue Reading -->The Good, the Bad, and the Ugly of Today’s Trading
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of today’s trades as well as those from prior days. We also review a few swing setups for tomorrow.
Continue Reading -->When Red Dog Reversals Signal an Igniting Market
Last week I was at the beach, trying to manage my long trades while catching some waves with the family. Things were great on both fronts — I had a great time on my trip, and the market gave us a lot of good trades. The action showed how you didn’t need to be watching the market 24/7 to catch the big waves. At the very least, two big Red Dog Reversals on Monday should have had you looking for long opportunities. Let’s start with the first: On Friday 8/17 Nvidia (NVDA) gapped down big after hit after earnings…. and then Monday 8/20, it roared back to life with a Red Dog Reversal around the $248.73 pivot. It reclaimed all moving averages, filled the earnings, gap, and it’s sitting at record highs this morning.Netflix (NFLX) also started last week with a big Red Dog Reversal signal. It’s gapping up over $374 this morning as it climbs further out of the earnings penalty box to reclaim the 8 day.AAPL has been good to us with a big move from $197 to $219.18 in a month. Last week, it consolidated while the SPX made new highs. I re-entered vs. the $214.50 area. I would like to see it get and say above $217.20 for a move back to the highs and perhaps $220+.TWTR has not been a barnburner, but it hit a high of $34.74. We’ll see if it can hold $33.50 this week to keep working towards the $37 gap area. But I’m not trying to add on strength – I’m looking to possible trim some and buy some back on a dip.
Continue Reading -->Why Consistent Profitability Starts With Consistent Trades
Ryan Tonking | Black Room LessonsConsistent profits start with consistent trades. Here’s a question; If you showed someone else your recent trades would they be able to find any consistency? My trading used to be all over the place, but then I got focus, disciplined, and thus, consistent.
Continue Reading -->Why We Didn’t Play BABA Into Earnings
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about BABA. Our swing expired last week and we will discuss why we decided to not play it for earnings. Also, check out our webinar replay + limited time 50% deal for Options in Play. Includes 3+ hours of video training — https://www.t3live.com/blog/options-in-play-webinar-replay/
Continue Reading -->Sami Abusaad Swing Trading Intensive – LIVE!
Sami Abusaad | Black Room LessonsCheck out Sami Abusaad’s LIVE swing trading intensive!Sami goes over why traders need to see the big picture when swing trading — the same old patterns like “bull flags” and “cup & handles” are not enough to make money!Then, check out the T3 Live Active Trader Summit LIVE in October.
Continue Reading -->The Gaps I’m Looking to Trade Today
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for today.
Continue Reading -->The Difference Between Trading Strategies and Tactics
Ifan Wei | Black Room LessonsThe terms ‘Strategies’ and ‘Tactics’ are often used interchangably. For others, they are distinct components of a trading plan that can vary greatly from person to person. For me, a strategy determines the direction of the play, and the tactics are the methods for execution. This video outlines how the strategy and tactics are defined for each trade I take.
Continue Reading -->Where I Place My Initial Stop, and Why It’s So Important
Ryan Tonking | Black Room LessonsToday we’ll look at the root reason for where to place my initial stop. My only trade today is a great example of choosing stop location. The initial stop is more important than the entry. Everything else in the trade is built off of it. Just like choosing an entry, there are always many places to put a stop; however, there is one underlying principle that I use to choose the location.
Continue Reading -->SSYS Options Trade: Is History About to Repeat Itself?
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowThis video is going to talk about an ongoing options trade in SSYS. Patterns tend to repeat themselves and SSYS is setting up awfully similar to a run in 2017.
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