Qullamaggie stop loss review. For instance, if a breakout stock is trading at $25. ​

I am still confuse how he got to $85M. Stop Loss, LLC offers a comprehensive suite of surveys to help Property Managers protect their properties. Didn't break stop loss, but sold as it has earnings on Monday (missed that point when placing the order, unfortunately). Added 75s and been stuck since then as it hit 85s and 86s bjg resistance pocket. After the time is up for each setup, you get to hear the answer from Kristjan himself in quite a lot of detail. OMER - took it on 1st of March but eventually didn't range break. If the stock is breaking out due to institutions buying pressure, it’s unlikely to revisit the day’s low. Oct 13, 2023 · Speaking of your stop loss, it is always set just below the day’s low. Scan for stocks that have moved up a minimum of 30% over the last 30 to 90 days . that way when it does drop, i wont be caught with my pants down. Review these screens weekly and consistently train your eye to look for the best names that they turn up. Sell rules: Sell 1/3 to ½ after 3 to 5 days and then move the stop to break even, and then sell the rest once it closes below the 10 dma. (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. May 26, 2023 · I’ve marked the buy area blue (just above $5. ARQQ. If you're interested in checking out a TwitchMetrics business plan, go here to book a demo and learn about all our platform has to offer! Jan 3, 2024 · 2. com As you know kris doesn't recommend risking more than 1% so my stop loss is always less than %1 but it always gets hit first and then the stock rockets. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 🚀🚀🚀 LFMD - took it yesterday but it squatted. Jan 8, 2021 · Spread the loveTweetI have made tens of millions the past few years trading 3 simple, timeless setups. Picked up bits and pieces and developed my own thing that fits my own personality. CVNA (only holding his core position that he bought in the high $12s; sold the addition from the day before, 8 June 2023, in the high $25s on (I believe) the same day, for a quick 30% or so profit — see 1:01:30) I always see people claiming Qullamaggie's account is 9 figures. Key Points to Remember This channel is a resourse for Qullamaggie fans, and educational videos for my self-use. Qullamaggie provide the ultimate… Qullamaggie provide the ultimate resource for those who aspire to become masters of swing trading in the style of Qullamaggie and CANSLIM. 40 first tgt $17 Reply reply More replies. Waiting the first 5m gives you some sort of direction and slightly pushes odds in your favour. If your schedule only allows you to review 250 charts, tighten the criteria to suit your routine. StopLoss - Helping you protect your investment (804) 837 0099 I learned from a lot of people; I was in many different chat rooms and trading communities, went to seminars, read a lot of books, articles etc. It has morphed into a safe haven for those that desire to learn investing free of nonsense, yolos, lottos, drama and all/any other irresponsible behavior that is inherent in most online communities. And then set your stop at the low of the day. Bulk of earnings EP gains seem to made during these extended hours because that's when momentum starts, right after earnings release. I set my mental stop for $59. Default longer term trend is the daily, but the user can choose any timeframe to use for the SMAs (which act as filters and trailing stops). e. CRBU - came back after two up days. nonetheless, as the contract increases in value, i slide the stop limit up in tandem with it. Sometime the price will make a new high (so you buy), but then go on to make a new low so you have to sell for a loss. So if the ADR of the stock is 5%, your stop shouldn’t be wider than 5%. Date of experience: 09 July 2022 This is from the William O'Neil C. com Stop Loss takes some time out from the argument over the validity of the war to ask a question closer to home - whether the emotional But, it is better than placing buy stop orders. Key Features: Qullamaggie ADR: Assess market volatility through the QullaADR, offering customizable time intervals (5, 10, 15, 20 days) to adapt to various trading Some testimonials from April 2021: Hey Kris, on stream you said you were looking for testimonials. I profited nicely when it dropped to 67s. I am new here and i try to find the answer. Take profit: Sell 1/2 to 2/3 of your position 3 Stop is always lows of the day and stop should not be wider than the ATR or ADR of the stock, to prevent the risk/reward mechanics getting out of whack. Preferably trade anything above 5million. com. Feb 4, 2023 · It is useless to pursue a career in trading and aim to use the market as a tool to improve your quality of life if you are not ready to put in the work. lets say one if his trade went up 100% which is still only $1-2k but he also recommend selling 1/2 After 3-5 days. Initial stop below the minimum of the last 3 candles low’s. Make sure your stop is no more than 1x, or maximum 1. 42) and the stop loss red ($5. This leaves a large number of trades being breakeven or loss. These setups occured last year, 10 years ago, 50 years ago and 100+ years ago. Take the rest of the profit when a bar closes under the 10 or 20 moving average. Step 1: How To Identify & Set Up The Breakout Trade. The point is, break out happens after breaking previosu day high and supeior flag trendline, so if you buy 1 MIN ORH or 5 MIN ORH before that, you are kind of anticipating, the good point is that you have more size with same risk, we could say0. Jul 13, 2023 · Qullamaggie Daily This Indicator is a Combination of Moving Averages (Simple and Exponential) as definied from Qullamaggie and used in his TC2000 Setup Moving Averages: - The Moving Averages are Guidelines for the current Trend and are not decive for the Entry - They shall be a quick view and visual assistance to find strong momentum stock that are currently in a Phase of a "Flag Pattern" ADR Mar 22, 2024 · Identify valid pullbacks by using trend lines, RSI, and moving averages for trend identification, and layer positions at 0. In situations where the volume doesn’t come in immediately, you may need to wait until a break of the 5-minute or 60-minute candle. It ‘s all about finding a low entry point on fast moving stocks. On EP setups with a tight opening range, you very often see that the stock surfs one of the intraday moving averages e. We should remember that unlike day trading, swing trading can have a very high RR. 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. Qullamaggie use different methods, but he was a Stockbee member and learned about Deep Dive and its importance through the site. May 23, 2021 · The intent of this strategy is to buy breakouts with a tight stop on smaller timeframes in the direction of the longer term trend. The below filter is for 1 month. I'd think he would, so long as it breaks its range. All past streams are available on Kristjan’s YouTube channel . It gives you the strongest stocks over a given timeframe. 7K subscribers in the qullamaggie community. My failure was risking a bit too much of my account percentage on the trade and getting a late entry, but my success was sticking with my stop. N. Most oil wells contain some percentage natural gas. Aug 17, 2022 · [Messed up the title - if moderator could add a letter g to Qullamagie so it reads Qullamaggie, thanks] Just wanted to share the screener I have developed based on Kristjan Qullamaggie's method. Jan 26, 2024 · Elevate your trading strategy with Qullamaggie ADR, a dynamic indicator inspired by the Kristjan Qullamaggie trading approach. Again, this is another potential stop-loss level. And i also put stop loss Reply 3. But this time your stop is probably further away from your entry price so you will need to reduce your position size. Like seriously… spend at least 10 hours on […] Dec 26, 2023 · My trading history I started daytrading in 2011 at age 23. yes this will limit your gains on super volatile stock but that is just qullamaggie constantly suggests setting the trailing stop loss on the 10/20/50 day moving average. 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. If there is copyright material please contact me to delete. 50 (50 cents) and a profit target of $30. Preference for fast-growing stocks: Prioritizes stocks with strong revenue growth, even if they're not profitable. Jan 24, 2022 · As soon as that consolidation is broken get in and put a stop in the low of that day. 6-Week Program – First, you must join a 6-week round, which is $250. Rated: 4/5 May 1, 2008 Full Review Laura Bushell BBC. 3. Mar 1, 2021 · Swing Trading vs. 5 million dollar loss in a single day on Using the 10 or 20ma as a trailing stop is Qullamaggie’s This community was founded to teach others about realistic and responsible options trading. And with all trend traders they work super well in bull periods. 5 weeks is greater than usual, I get another red flag. Kris videos covers it, you sell a third or half of your shares after 3 days, then set a stop loss at break even to protect yourself, and use the 10 or 20 day moving average to close out when it drops below Jun 22, 2023 · Stop losses — and stop loss placement — are extremely important. $97. 5x the average daily range or the average true range. Channel contact details are only available on paid business plans. specically how he handles stops on episodic pivots. These days Kristjan is a swing-trader who dabbles with position-trading from time to time. Then you buy on the 1 minute, 5 minute or 60 minute opening range high with stop on the low of the days. Trailing stop below latest pivot low. Studying past winners, learning from other successful traders and do deep dives on sell rules, setups and risk management is all part of becoming a Someone like Qullamaggie has complete discretion on how and where he puts his money and takes his risks - therefore he's free to take more risk or opportunities that be otherwise wouldn't be able to take with a fund. Based on his position size, each trade would be $1k-2k and his stop loss is 1% which is $100. Apr 21, 2020 · Spread the loveTweetI stumbled upon a pretty interesting trading thesis today about natural gas. This has lead […] Dec 11, 2013 · Once the market goes above the MA, consider tightening your stop-loss. JULY 2024 PRICINGCustomizable model book: $80 / $120The complete research bundle: $215 / $375Save Hours of Research and Accelerate your Learning CurveThe truth is, all serious traders knows the importance of putting their head down and study hard. ADR(20) > 5 Higher than average volume. the 10SMA of 5 min bars. When he says that he likes a stop that is half of the ATR, then it means he got a good early entry. Here’s one from me: Thank you for being such a humble guy and sharing your knowledge with the world. g. Take 1/3 of the profit after 3 to 5 days and move your stop to breakeven. The spot is determined by mix of the market maker and what other people are willing to bid or ask for a particular stock. 25 to 1% risk per trade. Trading the US stock markets from Sweden since 2011. 5 because your profitable disposal of 50 stocks allows you to set the stop lower Dec 30, 2023 · Tweak them so they best fit the types of stocks that you trade. , fat loss, building muscle), get May 29, 2023 · Given the high demand, I thought I’d republish Qullamaggie’s full list of AI and quantum computing stocks (as of 23 May 2023) in a dedicated stack, and highlight some of the best names on it. Centered on the community around Gherkinit / Pickle Financial's Youtube channel and financial due diligence but open to all looking to learn. Do not trade anything less than 1 million average volume. Stop loss is the low of the day. You have to protect your profits when a stock rips straight up. 7,21 crossover or 9,43 , S/R , volume , level2, follow the trend , using 2min for entry , and 5min and 15min for direction , I use vwap or bolinger bands, limit my loss to about 1% and use traling stop loss to exit , The strategy focuses on stocks up 300% or more in a month with questionable stories driving the gains. 00 and you trade it with a stop-loss set to $24. Mansi’s three non-negotiable rules: If you’re buying a breakout or pullback, set the stop loss at the LOD. This is a simple rule that enables you to make quick decisions about stop loss placement. They occur over and over again. But, because he is risking just about 0. One of the main takeaways from the study was that higher risk does not equal higher return, as housing showed slightly better overall returns with less volatility […] Jun 7, 2023 · A multiple-choice test of 8 setups, where you’re given 20 seconds for each to answer. There is the spot, the bid and the ask. I have read a lot about traiding and also came across qullamaggie. . There were a few things I didn't like about that methodology that didn't really jive with the way I like to trade. In my experience, there's a big difference in performance even between setting an average stop loss of 4% versus 5%. Exit the trade using a trailing stop of a close below either the 10 MA or 20 MA (user choice) on that larger timeframe as when i am trading contracts, i use my stop limit sells. So it cuts the profitability of your strategy in half. A. You want to look for consolidation while making higher lows all while holding above the 20 Day Moving Average. L. If a strong bar pops up in the first 5 minute, you can wait for it to pull back to 20 MA and breakout. However, I am not sure if I should start studying all this and start trading, I am afraid of wasting my time. you see the first candle of the day (use 1 minute, 5, 15), I'm still learning but checking breakouts a lot just go high for a few minutes, retest lows and fade, so I usually try to 5 or 15 minute. The initial stop is always the low of the day - no exceptions If the entry point after the breakout is higher than the ATR, then you are too late and don't enter the position. So what I did was combined the Breakout Trend Follower strategy I had been using for entries with the Qullamaggie strategy for trailing stops once in Go to qullamaggie r/qullamaggie • by True but i played it because all megacap have already run except google. then I went on Trading View and found that i can put the trailing stop loss on GTC May 28, 2024 · A Review of Kristjan Kullamägi's Livestreams (Stream 41 to 45) Like two months ago I had 5-6 positions and I’ve been slowly building, now I have a bunch of long/shorts (32 positions now), that’s always what happens when the market goes on a run like this, it could be a sign of an immediate pullback, because my positions always peak before a pullback, around the 30 number, always been Apr 3, 2024 · I think for most people who follow KK and his methodology behind trading, he focuses on taking profits out of the trade during certain thresholds, for example, after 3-5 days after a Breakout Setup, he will sell 1/4 to 1/3 of his position and will have a trailing stop loss on the moving averages. I started daytrading in 2011 at age 23. Qullamaggie has cited this book a few times, it's a great book about momentum trading. M method if anyone's interested/hasn't heard of that one. 25% trade, so if you are stop out is ok to reentry respecting the risk rule of 0. After publishing the Qullamaggie Breakout script and seeing that it had some decent results, I wanted to explore it a bit further. For instance, if a breakout stock is trading at $25. That would mean at max he would have a 45M dollar account not counting for taxes paid on 2020 and 2021. I think R multiples are great for review after, but not for live trading - 1R assumes you got a great Stop Loss in, and the market couldn’t care less where your stop is… Instead I’ve been experimenting with taking profits at a multiple of ATR up from 10MA. May 12, 2022 · Stop loss: always at the lows of the day. I have also heard a lot of good things and I like the traiding "style" of qullamaggie. nxx-ch My 4 year journey trading Qullamaggie's breakout setup Like you buy in at 8 and it rips straight to 20, then i would have a trailing stop loss about 10% behind the move, for the full 100%. For those who don’t know, swing trading is typically carried out over days to weeks and usually depends on structure-based trading or trend-continuation opportunities, while position trading is typically carried out over months to years and is more like a trend-following Quallamaggie is a trend trader. 00 and took it end of day when it was close. Then double dip when it hit 70s. If you held the entire position to the 2R target you would make a total of 6R, while still losing 2R upon a loss. The LOD or HOD or current price is the spot. com Hello, I need an honest answer. 5 within the pullback support zone, setting a stop loss at the zone's low to minimize risk and maximize profit. During this time, you’re paired up with a certified nutrition coach (I highly recommend my amazing coach, Sandi – watch my interview with Sandi here) who sets up your custom macronutrient targets/calories based on your goal (i. Simply put, you cannot expect to become a great trader and achieve super-performance just by watching stocks in real time - you must first understand what constitutes a good setup by studying previous winners, only then can you begin to learn Apr 6, 2020 · Spread the loveTweetThere’s an interesting study from several years ago that looked at the returns of some major asset classes over the past 150 years (where there is data). Oct 22, 2021 · For example, if the Average True Range of a stock is 5% then the stop loss should never be greater than 5%. First stream since 26 January 2023 ! Official subreddit of Asmongold (as seen on Netflix) aka ZackRawrr, an Austin, Texas based Twitch streamer, YouTube personality, and gaming organization owner and content creator of One True King (OTK), a group of mostly Austin, Texas based content creators and owner of Starforge Systems, selling prebuilt gaming PCs. Apr 28, 2021 · My understanding is that with the remaining 50 stocks, you want to ride the larger move; so, the question was: for the remaining 50 stocks that you have not sold, is your stop set at $100 for that tranche (breakeven on the initial 100 stock trade) OR lower e. They occur in the Japanese market, they occur in the Swedish market, they occur in the Indian […] Took me a bit to understand it. 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). For 3 months, use 67 days and x > 1. Also when Kris says that the stop loss should be the low of the day that doesn't make sense because the stock has already moved like 7-8% in the pre market. 4. Jul 4, 2023 · As to the rest of Kristjan’s position, once the moving averages have caught up and exceed his original stop loss, he starts using either the 10 or 20 MA as a trailing stop, in an attempt to play for a bigger move and place fewer trades. Here are Dr. Feb 15, 2024 · The Faster Way App & Weekly Workouts How The Program Works. On a tight tight flag, 1 min range really works. A place to focus on learning and discussing the stock market (as well as some quality shit-posting and meme'ing opportunities). In terms of managing the trade thereafter, Kristjan suggests selling between one third and one half of the stock between 3 and 5 days after entry, and then move the stop to breakeven. BLZE - took it on 6th but it has been lacklustre since. 00 (5 dollars), that's a 1:10 Risk/Reward goal. If the ATR if 50c, then stop should not be wider than 50c. Hi, I’m Kristjan Before you ask me any questions or comment on anything across any of my social media accounts, please read everything and watch all the videos linked below as I don’t have the time or energy to answer the same questions over and over again. I keep the price around 5-10% under the current price. Buy point is where the tread meets the next riser. Key Features: Qullamaggie ADR: Assess market volatility through the QullaADR, offering customizable time intervals (5, 10, 15, 20 days) to adapt to various trading May 28, 2023 · To learn more about Kristjan Kullamägi, aka Qullamaggie, and the way he trades, visit qullamaggie. Jan 8, 2021 · I have made tens of millions the past few years trading 3 simple, timeless setups. May 18, 2021 · It makes a big moove, pullback on a 10, 20 or 50 rising moving average, surfing the moving average, going sideways, build higher lows in a tight range, and breakout. However from the tax records, he made 30M in 2020, 35M in 2021, and lost 25M in 2022. 50 I'm long since 15. Key points include only shorting these stocks on day 3 or 4 after the initial surge, when the win rate is 80-90%; scaling into shorts as the stock rises; and having a specific setup and rules to follow, with a stop loss in place. Defined as: volume @ breakout / average 30 days volume > 1. Apr 28, 2021 · I felt W was shortable on front side. But, if you are can't watch the screen then placing a buy stop order isn't bad. Gain a deeper understanding of market dynamics, daily price movements, and potential turning points. 1 (10% above recent average on breakout day). /r/StableDiffusion is back open after the protest of Reddit killing open API access, which will bankrupt app developers, hamper moderation, and exclude blind users from the site. Dec 30, 2023 · Save my name, email, and website in this browser for the next time I comment. This is important as the more institutions are involved, the easier it is to trade. thanks! Jul 8, 2023 · Time for part 2 of my notes on Kristjan Kullamägi’s Chat With Traders interview (@Qullamaggie and @chatwithtraders on Twitter), which focuses on the psychology aspects of the interview — most notably, how Kristjan built conviction, and how you can build it too. We would like to show you a description here but the site won’t allow us. 5%-1% per trade of his total account, he can get away from all these losses. With moving stop to break even, you will find that it ultimately changes nothing about your profitability. 60 stop loss at 15. 963 breakouts were identified during a deep dive on 6 years of data on 2578 stocks. I. S. looking for qullamaggie's stop loss rules, haven't seen them mentioned anywhere in detatil. 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. Sounds like he started with less than $10k. But then the price might make a new high again so you buy again. Apr 5, 2024 · Intraday trading: Typically focuses on 1 or 5-minute charts at market open; may also trade in the post-market if liquidity permits. But do not adjust your stop-loss order yet! When the market pushes below and away from the MA, adjust the stop-loss to the price level in Point 1. Qullamaggie’s recent fame came after an accidental $1. This is also the highest level reached by the pullback at that point. Check TDV on Tradingview. Jun 17, 2023 · AI (added a “tiny bit” during the stream, 9:41 EST/ 25:45, details below) APLD. com Jun 9, 2023 · Qullamaggie provide the ultimate resource for those who aspire to become masters of swing trading in the style of Qullamaggie and CANSLIM Date of experience : July 09, 2022 Our 2022 Transparency Report has landed Aug 31, 2021 · In this video I go over how to set a buy order that automatically places a trailing stop . If it hits the 2R profit, you win 2 more R totaling to 3R. If I review the past week’s watchlists and see many names failing to breakout from fresh bases, I get another red flag. Go to play Pro Level Setup Highly Popularised by Kristjan Qullamaggie. The theory is: for me plenty of stocks did well, then closed under 10MA. 15): As you can see, Kristjan got stopped out of this buy (10:51 EST, after the stream ended), but rebought it the next day (22 May 2023). As the amount of shale wells has increased over the years, as much as 40% of of the gas produced in the US today is a byproduct from shale wells. I'd also imagine that the vast size of a fund would be very very challenging to realize capture quick and large returns with. PLEASE GO HERE FIRST: qullamaggie. I had a $1200 real loss on Friday getting into DWAC. Watching you trade live is an unbelievable learning experience that is probably worth tens of thousands of dollars yet you […] 7 windows, 2 charts, 5 watchlists It's based on the ratio of the risk (drawdown) you're willing to take trying to capture the reward (profit). If the fail rate of breakouts that happened in the past 1–1. As it hits 17,18,19 i am moving my stop from 15,16 and then 17. Low institutional following leads to price manipulation by the stock's sponsors and leads to stop loss hunting. Doing the videos to improve my trading and helping others succeed. Day Trading. I'm watching a stock go up 8% in 5 minutes in after hours because they announced earnings. this is a little difficult when volitility is up. Opening range is the key. kl gg gf qw rm pc rq jm zr mm