Stock Trading related commentary and thoughts YouTube . The wild swings from what I understand are characteristic of bear markets. 93. I know I'm not "there" yet, but I would love some feedback to see if I'm on the right track before putting my money into the market. Change %: Above 1 *** I do this to find stocks currently breaking out. The analysis is sharp, and he is focusing on Qullamaggie breakouts and episodic pivots. as you have access NBDB is commission free but I’m unsure of how their scanning and trading platform is like. And, if you can't figure out how to earn 1% per day, you're not looking at the right stocks, which to be honest, is likely your issue. Am only recently trading slightly over break even in the past few months. Hope someone finds this useful. 30 pm or 1. Please check out h 3. Best day trading courses: [x] Tradepro Academy [x] Live Traders [x] Mentfx [x] Phantom day trading [x] Vertex day trading [x] Tradeciety – Trading Academy Best swing trading courses : [x] Mark Minervini – Private Access 2023 [x] Breakout Setup Qullamaggie Style Deep Dive [x] Episodic Pivot ( StockBee ) Deep Dive I am trading through buy stop orders at this moment, with stop loss at the low of the previous trading day. 6) draw a trend line on a volatility contraction/range tightening pattern on THE DAILY CHART. Most day traders win about 50-75% (move stops up VERY quickly, like, every 15 minutes at the latest to do this). Date (Why it is 1-Day after the Market Close) As most of you are aware, I am a Singaporean trader who primarily operates within the Asia Pacific time zone, even when I frequently travel on short-haul flights. See if you can map the big drops to times you would be trying to trade them Dec 26, 2023 路 1. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 You can follow me on Twitter: https://twitter. Don’t think in terms of money. qullamaggie constantly suggests setting the trailing stop loss on the 10/20/50 day moving average. That’s like saying Berkshire Hathaway class A shares are 500,000 dollars each and the stock trades 3,000 shares average per day. Sometimes this trend line will get broken during the middle of a trading day. 3K subscribers in the qullamaggie community. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. I personally am trying Goverdhen Gojalla's day trading method now and it's giving me consistent returns. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Open menu Open navigation Go to Reddit Home Jan 8, 2021 路 Spread the loveTweetI have made tens of millions the past few years trading 3 simple, timeless setups. Supposedly the main guy, Hari, is a legit 7 figure trader, though I haven't actually done research into him myself. I've been studying and trading Qullamaggie's EP and flag breakout setups since about a year now, checking charts every single day. Over the years, there are a number of things I have picked up, namely the importance of situational awareness and putting all of the individual pieces together. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 I'm not going to start day trading; I just understand why those who successfully day trade swear by it, for the reasons I mentioned in my last post. He started with small caps so my guess he did not have a million dollar trading account for some time. 8K subscribers in the qullamaggie community. He started trading with around $5000 with his first account. No setup -no trade,that is where people lose money day trading , taking stupid idiotic trades because there is no perfect set-up ,,that is gambling ,,,i trade set up with high probability of success only 3K subscribers in the qullamaggie community. A range expansion (breakout) out of that consolidation. He says these accounts were in the range of $3000-$4000. Pretty tough. They occur in the Japanese market, they occur in the Swedish market, they occur in the Indian […] 3. The commented lines calculate the growth from the lowest close over the 30 day period so <close today - lowest close in last 30 days> / <lowest close in last 30 days>. How about getting an estimate of the down side of the sector. My advice is to start live trading soon, but with a small account. *** higher usually means higher ADR Current Trading Day: Checked Exponential Moving Average (10): Below Price Exponential Moving Average (20): Below Price Actually on CWT he said he had made a million already as a scalper. Probably like 1-3% per trade. Its no different than swing trading, you just get way more opportunities. 55:30 – General Trading: daily challenges, reaching high levels of success. Been through KK's website, trading school videos, some of the recommended books. Basically, the idea is to incorporate all the indicators one might need when trading the Qullamaggie style. Any trades you follow, or advice taken from this sub are your responsibility. According to at least KK you ideally want confirmation on the open to increase your probability to success on both Breakouts and EP’s. then I went on Trading View and found that i can put the trailing stop loss on GTC, but how to i set the stop on the moving average Comparing to Qullamaggie, if his setup is ADR 5% over a 14 day range typically, then volatility 5% over a week/month range would probably be closest, right? Reply reply Infinite-Paper-9355 I assume it’s not everyone’s cup of tea but I’m watching most of them (commented on a couple, too) and I relate because I recently started to trade and study the market again after a few years of ignoring it altogether (my first trading adventure wasn’t great) but I discovered qullamaggie a few months back and recovered the hope and eagerness to follow and study the market again. Many people say they will make you loose money because you can be distracted by indicators and instead of reading candle sticks, trends, support/resistance you just rely on some indicator. If it is a bad time for trading breakouts, like the 20 day SPY Moving average is above the 10. Both these events were marked by an important concept, which is extremely practical but also has a huge psychological impact: regular, incremental improvements. com @Qullamaggie [Twitter] Qullamaggie [Twitch] Qullamaggie [YouTube] @PradeepBonde [Twitter] @DanZanger Get the Reddit app Scan this QR code to download the app now 90 Day Fiance; Wife Swap; Hello guys I want someone to help me out with new trading view with new 4K subscribers in the qullamaggie community. This keeps me green and allows me to follow the remaining rules. In the first couple years he "blew up" his accounts 3 or 4 times. 2K subscribers in the qullamaggie community. com, a trading forum run by professional traders. Apr 5, 2024 路 Intraday trading: Typically focuses on 1 or 5-minute charts at market open; may also trade in the post-market if liquidity permits. In that 3. Since Tradingview's free account tier limits user to 5 indicators, it's very easy to hit that limit. The advantage of buy stop order is no FOMO or emotional judgement if the breakout is proper or not, the disadvantage is bigger range of stop loss. Not a great environment for swing trading. that way when it does drop, i wont be caught with my pants down. To give you some background on who I am, my name is George and I have been trading Qullamaggie's momentum focused method for full-time 3 years now. I would really appreciate if someone who has experience in trading and has been successful, to share some of the reasons they reached to such a level and perhaps some guidance into this remove current trading day remove relative volume - completely irrelevant for pre market scan put pre market volume on 5k or smth you are going to miss way to many eps with that amount no need for pre m gap% price and vol price are personal preferences My reasons: Fundamental catalyst Eps +244% vs Q1 2023 50% debt reduction past 12 months ceo is 90 years old running with his son the co like a family business, possible takeover candidate This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. I don’t know how to code and it seems Trading View’s screener doesn’t have the preprogrammed settings I’m looking for. and sometimes toe 50-day moving average. Down about 65% which I see as a total win as it is probably much better than the average trader just starting out at the same time listening to WSB. In the Top 10% of largest communities on Reddit. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Open menu Open navigation Go to Reddit Home I think Qullamaggie has a percentage of his portfolio dedicated to this type of investment strategy and then once he completely maximizes his account size relative to his trading style, he’ll start shoving most of his profits from trading into this long term investment style. I do have a couple big questions that I am hoping some of the big brains in this subreddit can help me with, please: My trading history I started daytrading in 2011 at age 23. Not giving up though. Think in terms of percent. In that time, I have had a maximum cumulative drawdown of only - $6,419 with an average drawdown of -$1,000. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! At which point, the next 1m, 5m or 60m candle to break that high is your entry point (though using a 60m after the first day's trading hour isn't recommended). 5. Sometime I make ZERO trades whole day ,,I just watch and research stocks for swing trading or trading for the next day . And with all trend traders they work super well in bull periods. Very physically demanding though. 5K subscribers in the qullamaggie community. Thank you =) Contact / Follow Me Twitter . 7K subscribers in the qullamaggie community. Streaming first 1-2 hours of every trading We would like to show you a description here but the site won’t allow us. He primary day traded for years. Quallamaggie is a trend trader. You don’t need to be constantly glued to your screen — something Kristjan frequently says during his streams that he doesn’t want to do. 3K subscribers in the qullamaggie community. I almost 90% of the time sell half at the 3 day mark, usually around 2-3 hours after the market has opened. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. I am pretty bad at day trading and would like to learn. Swing trading a $10k account is much harder and slower than swinging a $1m account and he was able to get there faster than most due to his day trading. 5 billion so it’s incredibly liquid. And as an example, look at ACIC today. Even though the sub is called real day trading, they do advocate for swing trading when it makes sense. 30 am depending on day light saving. Qullamaggie says he exits 1/3-1/2 after 3-5 days, and holds the rest until price close below 10/20 MA, but I know he's trading the strongest stocks throughout the whole move. Of course we bounce hard. also have studied and traded Q's setups (seriously have to have a bullish market). You need to learn how and why you’re trading. Qullamaggie did start out as a day trader and that's where he found his initial successes. You don’t have to be at the screens non-stop, in fact, you can do other stuff for majority of the trading day. KQ himself only started with a few thousand. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. If I stop out I re-evaluate for a second entry at a better price, but using the low of previous day as my benchmark (if it drops below that I abandon it altogether). I posted an earlier version of this script a while ago and after getting some feedback, I've modified it a bit. when i am trading contracts, i use my stop limit sells. I closed all my positions yesterday after another ugly day, as I felt it was a gamble to hold with CPI this morning. View community ranking In the Top 20% of largest communities on Reddit TV as the main charting I know everyone using tc2000 for scanning and backtesting, but I don'tdon't find it comfortable at all, The rule is that the volume should be higher than average during pre-market or within the first half hour. These setups occured last year, 10 years ago, 50 years ago and 100+ years ago. I keep the price around 5-10% under the current price. Jul 8, 2023 路 He also started as a day trader, then later transitioned to swing trading. I’m currently using Questrade (free version so there is a 15 delay and I rely on TOS) for options trading because it doesn’t require you to deposit a minimum of $25k. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Qullamaggie use different methods, but he was a Stockbee member and learned about Deep Dive and its importance through the site. I’m on year three of trading and now I’m finally catching things some of the time almost as fast as my mentor. There’s probably a billion a day, and easily a billion/week, in liquidity between the SPY/QQQ option chains they both average roughly 100k volume per day on the 5-10 closest to the money strikes, and both have 3 expirations per week, and the average price is roughly $150 on a 1-2 DTE ATM/ITM option Trading in 2020 versus now is so different. If you start an account with $10k, earn 1% per day which is 100% doable, reinvest your gains, and trade on your new daily account balance, you'll be at $500k in a little over 2 years. So I go for previous day's lows or even 2day lows . This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. Who arrive at that in day trading can easier be succesful in the swing game once get acquainted, not too mention the money he did from the parabolic short that after all is a kind of day trading move, of course in bad times day trading offers more possibilities than swings on breakout and Hi guys I just want to showcase my YT once again, im sorry for coming back AGAIN but we had a bunch of newcomers and great editions to the discord so I see no reason to not do it again and find more trading buds to help us all improve at the game. On the days when the price opens above the trend line zoom in to the 1 minute candle timeframe. Preference for fast-growing stocks: Prioritizes stocks with strong revenue growth, even if they're not profitable. Welcome to FXGears. Not ATR. The math works out, to make his returns where he had the 1000% year that you need to be doing 1% per day. What are your thoughts? Thanks guys. Let's say a stock extends during the 3-5 day interval, he exits half, it doesn't close below MA's. Another hint, according to my personal studies and research, KQ trend following trading style is built grounds up from 4 main schools, Turtles trading, William O’neil, Minirvini, and stockbee, most of these guys setups are not exactly what he trades now bc most of them are outdated but they are the foundation of his setups, study these Jul 4, 2023 路 In day trading, you’re constantly fighting near your entry, but in swing trading, when you catch a big mover, the stock will be above your stop for a long time. Uploading streams here, chat not included Twitch . - Stop: Low of the day / trailing stop on 10-20 moving averages Parabolic Short - Stocks going parabolic 50-100% (large caps) or 300-1,000% (small caps) in a few days or weeks - Exhaustion candle - Entry: 1/5 min ORB / VWAP fails - Stop: High of the day or above VWAP / trailing stop on 10/20 moving average We would like to show you a description here but the site won’t allow us. I also try to go more into a Pat Walker / O'Neill / Oliver Kell direction. (I started by following Qullamaggie before I join Stockbee) Also, Every day the Pradeep (Stockbee creator) does a Situational Awareness 30-60 min before the trading day start. Just my personal observations and preference. Been adjusting the pure Qullamagie strategy for my needs. Now if this shows I do this (strategy) it only works for so long. In other words when the market opens or shortly thereafter the volume should already be as high or higher than the days leading up to the breakout. 1. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 We would like to show you a description here but the site won’t allow us. And the same day stop doesn't work this way. If you want alerts or entertainment, I’m sure these guys are happy to take your money. I have a couple years working Tideas. Hey everyone, I've recently come across some really interesting works about Qullamaggie Deep Dive and I'm really curious to explore more. However, the cost of purchasing these works can be quite steep for an individual. this is a little difficult when volitility is up. This question. Risk vs reward. If you’re making 200% a year like Qullmaggie then you can work out yourself in 3 years you have a 6 figure trading account starting with 5k. Price: Below 150 1-Year Beta: Above 1. Most people got phased out after the indexes couldn’t push higher. Broke out of its range at 11:20 at the price of 7. I started by opening a £100 account and traded CFDs, letting me open positions of <£10 at a time to get the hang of it. com/TradingArchive. I found that IF you note some good setups that you like and you can expect that the pattern is repeatable, then you can create an alert during that time period that you can use to 'tune' an alert for (or) setup a toplist that includes similar conditions. Simply put: this is the place to meet and interact with the best stock options traders on planet earth. 01, and then she flew sky high throughout the day. Don’t buy on the 3-5th green day of the move. I didn’t give up, I studied more, tried harder, did more of what worked and less of […] I want quality people over quantity in my trading community. During the consolidation the stock price “surfs” the rising 10- and 20-day. Then I either wont trade breakouts, and if i am trading breakouts I take 50% on day 2. Just to add my experience. ChartsAndStories. Very select trades of 2-3 days may work. I trade with stop buys due to work. The consolidation phase is usually 2 weeks to 2 months. Reply reply Been studying Qullamaggie’s trading strategy, and wanted some input - do you think it will work with the fx markets, and how well do you think? Also, regardless, do you think the strategy works as well with shorting as it does with going long? Welcome to r/scams. I feel like that part of the interview was glossed over. Then run an inverted set of the same searches so you’re looking for big drops instead. Personally I modified my first day activities that move my stop to BE if the day ended green for me. . in profits after 18 months of full time day trading. The way trading is currently taught has caused tremendous damage to people who are just trying to better their lives, and has no place in this sub. 90+% of them are lagging and if you are day trading based on them you will eventually go broke. This post is my holistic approach to risk management that any trader can apply to their own strategies. Kristjan Kullamägi (and risk manager Loke). I would say option 3. Greater than 4% ADR. 6K subscribers in the qullamaggie community. It’s dollar volume is 1. So I was doing some research, and found a trader on YouTube, that is pretty much trading exactly like Qullamaggie (same setups, software, similar tickers) The videos he is producing are actually quite good. In that I just crossed + $375,000 in profits after 18 months of full time day trading. Average Volume (30 day): 300k to >50M. Run your KQ searches for the biotech sector only. We would like to show you a description here but the site won’t allow us. I've been watching, reading, and studying Qullamaggie's videos and posts for 4-8 hours a day for a couple weeks now and it has completely restructured my perception and understanding of the market. yes this will limit your gains on super volatile stock but that is just I live in Australia and the NYSE/NASDAQ opening hours here are either at 11. Price action above 50D SMA. That doesn't mean he had a million in his trading account when he started his swing trading. They occur over and over again. Feb 25, 2021 路 45:10 – Swing Trading: market correlation, portfolio limits, trade metrics. This is an educational subreddit focused on scams. There is an absolute "No Troll" policy - this is a place where traders can learn and help each other. Furthermore I found the broad approach too failure prone. Half a year into Qullamaggie's methods and already 20,000 in losses. That early part of his trading journey included time spent chasing alerts and blowing up multiple accounts. His parameters are… Greater than $50 million trading volume. 3. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Hey all -- as the title says, I'm new to trading/reddit. Has anyone had experience using NBDB for scanning and trading using Q’s methods? Every day I'm studying stocks, to see absolutely no results and being stuck in a wall where I can't progress further. But sometimes the price will open above this trend line. All the video content is recorded from https://www. It's simply wonderful. Links & Resources. however, when I went to the stop loss settings on Webull, I came across 2 issues, 1: it's not GTC rather only for the day 2: can only be done by percent or price. Typically, 1 month growth is calculated as <close today - close 30 days ago> / <close 30 days ago>. 2. On the next 1m candle, I entered at 8. I followed alerts, chased stocks and had no idea what I was doing which led me to blow up 3-4 times in my first 2 years of trading. twitch. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Hello fellow traders. The definitive place for stock options traders to gather and share trading ideas, strategies, and experiences while also learning to be a better trader. He started as a daytrader. Your country and circumstances might be different, but the idea is to open with an amount of money you don't mind losing. nonetheless, as the contract increases in value, i slide the stop limit up in tandem with it. This has been happening for the past year. Cliff notes: He started trading in 2011. To make millions in trading you don’t have to be in front of the screen during majority of the market session. Has anyone developed a screener that is like Qullamaggie’s who uses TC2000. This is a point I do not like from KK, I think is so successful also because was a 1M+ daytrader. 4. tv/qullamaggie. Like you can even make generational wealth trading aggressive in just two or even one single bull market but the rest of the time it's just shit and death by a thousand cuts. Does qullamaggie have a cut off time for trading? Say after an hour after market open he closes the monitors and stops taking new trades for the day? I have it now that I stop trading after an hour and a half but often times breakouts occur until 12 EST. Higher likelihood of hitting stop of low of day once 3-5 days green. wm ck wp ab og ap ec eo fl mj