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Qullamaggie on No One Semi-Serious About the Markets Can Be Successful “No one who’s semi-serious about markets is really going to be very successful at it. That’s just how it is. There are no mediocre successful traders in this business. You can’t be mediocre. If you’re mediocre. Unlike other... show more

Lone

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"You can’t be a mediocre trader. You can be mediocre in any other profession and still provide for yourself and your family. In trading, if you're mediocre you're going to lose money. You need to be at the top of your game. You have to be among the best. You have to put in more hours than anyone else." - Kristjan Kullamägi 🇺🇦

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Qullamaggie on The Key Is to Outperform “You’re only up 20%, well, it could be that you’ve been trading the wrong stocks or you’ve been in mediocre stocks. If you know you should have been trading the solars, the EV names, or the spec names over the past six months, you probably have been trading the wrong stocks. If you haven’t at least traded some solar or speck, or EV battery names. You’re up 550% this year. Yeah, that’s good, but 40% is still good as well, though it also depends if you’re using margin or not. If you’re up 20% in the past month and a half without using any margin, that’s still good. It’s not bad at all, it’s okay. The key is to outperform; that really is the key. If the market is up 10%, you should be up 30% or 50%. That’s really the point of why we are here. That’s why you focus on these higher ADR stocks because we know we don’t bother with the slow stocks. Let the mediocre traders trade the slow stocks, the low momentum stocks, and the sectors that are not hot. Let other people trade them. We want to be where the money is; that’s our job.”

Qullamaggie on The Key Is to Outperform “You’re only up 20%, well, it could be that you’ve been trading the wrong stocks or you’ve been in mediocre stocks. If you know you should have been trading the solars, the EV names, or the spec names over the past six months, you probably have been trading the wrong stocks. If you haven’t at least traded some solar or speck, or EV battery names. You’re up 550% this year. Yeah, that’s good, but 40% is still good as well, though it also depends if you’re using margin or not. If you’re up 20% in the past month and a half without using any margin, that’s still good. It’s not bad at all, it’s okay. The key is to outperform; that really is the key. If the market is up 10%, you should be up 30% or 50%. That’s really the point of why we are here. That’s why you focus on these higher ADR stocks because we know we don’t bother with the slow stocks. Let the mediocre traders trade the slow stocks, the low momentum stocks, and the sectors that are not hot. Let other people trade them. We want to be where the money is; that’s our job.”

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