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Qullamaggie on Trading Coaches and Don’t Spend Time Solving Problems You Don’t Have “Is a trading coach a good idea? No, it’s a waste of time. Trading coach—who the hell is there such a thing? It’s all a waste of time guys, guys stop it. You don’t need a... fucking trading psychologist. You don’t need a stupid fucking trading coach. Fuck off, no, guys stop it bullshit. No, your problems stem from not having a setup. That’s what your problems are. If you have discipline problems or this or that, it comes from you not having a setup. You don’t know how to implement a setup. You don’t know when to trade it and when not to trade it. That’s what your focus should be on, okay? Your focus should be on studying setups and owning a setup like, let’s say you have watched my streams for a while and you’re like oh, this breakout setup he keeps talking about a lot and recommending, maybe I should study this thing, maybe I should spend a couple of hundred hours going back looking at hundreds of stocks, go back a few decades and then you look for all of these variations of that setup, like you confirm it. Is this a real thing okay? And then you look at it, what should I do, where should I put my stop, what kind of exit rules should I have? Like I know Kristjan recommends a 10 and 20 but if I use maybe the exponential moving average, this and that, maybe I oh I think this works a bit better than what Kristjan recommends. Hey I’ll use this instead or hey I think the 10 and 20 work fine. And then you start looking at okay what type of market environments do most of these setups happen? When do these things break out and have the best follow through? I know Kristjan has been talking about trying to you know avoiding buying breakouts when the 10 days sloping lower, the 20 days sloping lower, and the 10 days below the 20 day. Most of the time when the 10 day if you look at the major index like Nasdaq when the 10 days sloping lower, the 20 days sloping lower and the 10 days below the 20 days most of that time you don’t get many setups and if you get them they usually fail. Hey okay so now I know what setup to trade, where to put my stop, where to exit, where to take profits, I know what kind of market environments to trade this setup. Hey look at that, I don’t need to pay that scammy trading coach or trading psychologist a bunch of money to help me solve issues I didn’t have to begin with. Look at that.”show more

Lone

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24,610 views • 4 months ago •via X (Twitter)

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Qullamaggie on Breakout Trading Works When Markets Are Strong “Yeah, I mean look, the breakout trading like breakout trading works when the market is strong. You know, in a period like this, breakouts don’t work. And you won’t get any setups. That’s a good thing you can just know chill. You can take a vacation. This is the Nasdaq. You know when the 10 day, the 20 day moving averages start sloping lower, and the 10 day gets lower than the 20 day, you know you don’t trade breakouts even if you see a good setup. You shouldn’t trade it, right? Same thing here. Now I trade different methods, so I do trade during these periods. I do a lot of mean reversion stuff, but these periods you shouldn’t trade. Like when they’re 10 day and 20 days start sloping lower, and the 10 day is below the 20 day, no trading. No breakout trading. And it’s fine you don’t have to trade every day every week every month. Thisis where the big money is made okay. This is where you know you wait out the bad times, and this is where you know when the 10 day starts rising higher, the 20 day starts getting higher. The 10 is above the 20 day. This is where you double, triple your account, okay. Then you have periods like these that are sideways. You know if you can break even during these times you got you know you’re doing a good job, and then you get a period like this again. You double, triple your account. Then you sit out some types of periods when the moving averages start sloping lower. The 10 and 20, and then you get a period like this where you double, triple, quadruple your account, boom. And when the 10 day and 20 day start sloping lower, 10 day is below the 20 day that’s when you sit and wait. You go and enjoy life. Let the amateurs trade, let them churn their accounts. Let them blow up. And when the times get good again that’s when you double triple your accounts.”

Qullamaggie on Breakout Trading Works When Markets Are Strong “Yeah, I mean look, the breakout trading like breakout trading works when the market is strong. You know, in a period like this, breakouts don’t work. And you won’t get any setups. That’s a good thing you can just know chill. You can take a vacation. This is the Nasdaq. You know when the 10 day, the 20 day moving averages start sloping lower, and the 10 day gets lower than the 20 day, you know you don’t trade breakouts even if you see a good setup. You shouldn’t trade it, right? Same thing here. Now I trade different methods, so I do trade during these periods. I do a lot of mean reversion stuff, but these periods you shouldn’t trade. Like when they’re 10 day and 20 days start sloping lower, and the 10 day is below the 20 day, no trading. No breakout trading. And it’s fine you don’t have to trade every day every week every month. Thisis where the big money is made okay. This is where you know you wait out the bad times, and this is where you know when the 10 day starts rising higher, the 20 day starts getting higher. The 10 is above the 20 day. This is where you double, triple your account, okay. Then you have periods like these that are sideways. You know if you can break even during these times you got you know you’re doing a good job, and then you get a period like this again. You double, triple your account. Then you sit out some types of periods when the moving averages start sloping lower. The 10 and 20, and then you get a period like this where you double, triple, quadruple your account, boom. And when the 10 day and 20 day start sloping lower, 10 day is below the 20 day that’s when you sit and wait. You go and enjoy life. Let the amateurs trade, let them churn their accounts. Let them blow up. And when the times get good again that’s when you double triple your accounts.”

Lone

15,563 views • 6 months ago

Qullamaggie on Just Follow the Setups “All these market events, okay? It’s just… the markets may go up, they may go down, okay? All you need to focus on is your setups, okay? Do they trigger? Do they stop you out? That’s all you need to care about — what the Fed does, when the Fed has a meeting like this… they could literally say anything, you know? You have — you know — it’s just not gonna help you in any way. Focus on setups. That’s another thing that took me far too long to learn. All these people having opinions about the Fed and this and that, and China, and blah blah, yada yada… like, you know, we get the Fed meeting, they say something, the market could go anyway. We don’t know that, right? There’s no — no way for any of us, no way for any of us to know what the market will do or what the Fed will say. Just focus on setups. Put your stops right. If you have any positions that are close to — like — something maybe you bought today or yesterday that hasn’t gone yet, right? Put a hard stop on it and you don’t have to worry. If it stops you out, it stops you out. There’s no reason to overthink things. I have some stops — I have hard stops set on a few things that are kind of close to my entry. Other than that, you know, I’m just letting — trying to let things work.”

Qullamaggie on Just Follow the Setups “All these market events, okay? It’s just… the markets may go up, they may go down, okay? All you need to focus on is your setups, okay? Do they trigger? Do they stop you out? That’s all you need to care about — what the Fed does, when the Fed has a meeting like this… they could literally say anything, you know? You have — you know — it’s just not gonna help you in any way. Focus on setups. That’s another thing that took me far too long to learn. All these people having opinions about the Fed and this and that, and China, and blah blah, yada yada… like, you know, we get the Fed meeting, they say something, the market could go anyway. We don’t know that, right? There’s no — no way for any of us, no way for any of us to know what the market will do or what the Fed will say. Just focus on setups. Put your stops right. If you have any positions that are close to — like — something maybe you bought today or yesterday that hasn’t gone yet, right? Put a hard stop on it and you don’t have to worry. If it stops you out, it stops you out. There’s no reason to overthink things. I have some stops — I have hard stops set on a few things that are kind of close to my entry. Other than that, you know, I’m just letting — trying to let things work.”

Lone

11,630 views • 4 months ago

Qullamaggie on SMB Capital and Daytrading “Yeah, and I can tell you that the day trading is just most of the time a waste of time, like this SMB that prop firm. I mean, this was like a couple of years ago when I saw a video of their best trader who makes like 300k per year. And that’s a guy who’s been trading for like 20 years. If you’ve been trading for 20 years, you should make 300k a week, not per year. So, that’s another confirmation that day trading is just not gonna cut it if you want to make big money. You gotta swing and position trade.”

Qullamaggie on SMB Capital and Daytrading “Yeah, and I can tell you that the day trading is just most of the time a waste of time, like this SMB that prop firm. I mean, this was like a couple of years ago when I saw a video of their best trader who makes like 300k per year. And that’s a guy who’s been trading for like 20 years. If you’ve been trading for 20 years, you should make 300k a week, not per year. So, that’s another confirmation that day trading is just not gonna cut it if you want to make big money. You gotta swing and position trade.”

Lone

138,504 views • 6 months ago

Qullamaggie on Bad Markets and Dying From a Thousand Cuts “But remember, markets need to be in an uptrend for these things to work. You know, you won’t get these types of setups when a market’s doing this or this, right? Or this. You won’t get stocks like that. But once we start trending higher—you know—the 10-day starts turning up, the 20-day starts trending up, the 10-day goes above the 20-day… you gotta pay attention. Sometimes it may be the end of a bear market rally when you get those, or near the end of a bear market rally. So that’s why I put another filter: I used the 100-day to see if it’s sloping higher or lower. You need to have like a green light, yellow light, red light kind of thing—to know when not to trade, when to take less size, etc. Because trying breakouts and EPS in bad markets… it’s not gonna end well. You’re gonna die from a thousand cuts. You really need to be super patient.”

Qullamaggie on Bad Markets and Dying From a Thousand Cuts “But remember, markets need to be in an uptrend for these things to work. You know, you won’t get these types of setups when a market’s doing this or this, right? Or this. You won’t get stocks like that. But once we start trending higher—you know—the 10-day starts turning up, the 20-day starts trending up, the 10-day goes above the 20-day… you gotta pay attention. Sometimes it may be the end of a bear market rally when you get those, or near the end of a bear market rally. So that’s why I put another filter: I used the 100-day to see if it’s sloping higher or lower. You need to have like a green light, yellow light, red light kind of thing—to know when not to trade, when to take less size, etc. Because trying breakouts and EPS in bad markets… it’s not gonna end well. You’re gonna die from a thousand cuts. You really need to be super patient.”

Lone

19,551 views • 5 months ago

Qullamaggie on Only The Home Runs Will Make you Rich “Look at this APPS. If you bought this 5-star setup. Okay, this is what I'm talking about. Big move, okay. Pullback sideways. It surfed 10 there, then 20 there for a while. But then it kind of went sideways a little bit further. But then it started building higher lows. And a tight range and break out of this range, right? This is a five-star setup. And now, you should have sold a third or half on day 3 or 4 or 5, and you would still be in half or two thirds of your shares and trail this thing with the 10-day moving average. This is why you always trail some, because now and then you're gonna catch these stocks that double or triple in a short amount of time. Those are the ones that are gonna make you rich, okay? Those are the trades that are gonna make you rich. Everything else is just a grind. You gotta find those home runs. The home runs are gonna make you rich, okay? Most of the time, trading is just a grind. Like 70, 80% of the time. But now and then, the market gods bless you with a home run. All you have to do is identify the setups and follow the rules. That's it.”

Qullamaggie on Only The Home Runs Will Make you Rich “Look at this APPS. If you bought this 5-star setup. Okay, this is what I'm talking about. Big move, okay. Pullback sideways. It surfed 10 there, then 20 there for a while. But then it kind of went sideways a little bit further. But then it started building higher lows. And a tight range and break out of this range, right? This is a five-star setup. And now, you should have sold a third or half on day 3 or 4 or 5, and you would still be in half or two thirds of your shares and trail this thing with the 10-day moving average. This is why you always trail some, because now and then you're gonna catch these stocks that double or triple in a short amount of time. Those are the ones that are gonna make you rich, okay? Those are the trades that are gonna make you rich. Everything else is just a grind. You gotta find those home runs. The home runs are gonna make you rich, okay? Most of the time, trading is just a grind. Like 70, 80% of the time. But now and then, the market gods bless you with a home run. All you have to do is identify the setups and follow the rules. That's it.”

Lone

21,644 views • 11 months ago

Qullamaggie on Eliminate Randonmess by Focusing On Momentum, Volume, and Range “CRNC uh no, no no no. It’s definitely not a good short setup. No no no, nope nope, nope nope nope nope. It’s too random, it’s too random. It’s a thin uh, it’s a thin random stock. Nope, I don’t think it’s a good short. Like we got the good short setups guys. The good short setups have already been like, you don’t get them all the time. Like it doesn’t mean this thing can’t go down, but the good short setups we got them like earlier this week and late last week. This is not, this is just too random. It’s just a random liquid stock. You know one thing you gotta eliminate for trading is randomness. Stop trading random stocks. You need to focus on stocks that have range and volume, momentum range and volume. I don’t think CRNC is a good one. Good one I don’t think so. Yeah no problem. I’m just trying to keep people away from these random stocks where we sometimes they can look good but there’s really no edge there, they’re just too random. And then you know, a lot of people like they see a setup but just because you see a setup doesn’t mean it’s a good one. You kinda need to get the right setup in the right stocks. I guess that’s what I’m trying to say.”

Qullamaggie on Eliminate Randonmess by Focusing On Momentum, Volume, and Range “CRNC uh no, no no no. It’s definitely not a good short setup. No no no, nope nope, nope nope nope nope. It’s too random, it’s too random. It’s a thin uh, it’s a thin random stock. Nope, I don’t think it’s a good short. Like we got the good short setups guys. The good short setups have already been like, you don’t get them all the time. Like it doesn’t mean this thing can’t go down, but the good short setups we got them like earlier this week and late last week. This is not, this is just too random. It’s just a random liquid stock. You know one thing you gotta eliminate for trading is randomness. Stop trading random stocks. You need to focus on stocks that have range and volume, momentum range and volume. I don’t think CRNC is a good one. Good one I don’t think so. Yeah no problem. I’m just trying to keep people away from these random stocks where we sometimes they can look good but there’s really no edge there, they’re just too random. And then you know, a lot of people like they see a setup but just because you see a setup doesn’t mean it’s a good one. You kinda need to get the right setup in the right stocks. I guess that’s what I’m trying to say.”

Lone

13,144 views • 1 month ago

Qullamaggie on What a Breakout Should Look Like “You know, this is what a good breakout looks like on the 60 minute. You have a range and then you have a forceful breakout with conviction. Right? Look at the volume. Look at this candle. It’s not inching higher. No, this is a Viagra candle. Boing. That’s the candle you want. Sometimes the inching breakouts work too, like something like Ford when I started buying it here, right? It kind of inched higher and then it kind of went … I wish I added two days ago when I broke this range too. Oh, well.”

Qullamaggie on What a Breakout Should Look Like “You know, this is what a good breakout looks like on the 60 minute. You have a range and then you have a forceful breakout with conviction. Right? Look at the volume. Look at this candle. It’s not inching higher. No, this is a Viagra candle. Boing. That’s the candle you want. Sometimes the inching breakouts work too, like something like Ford when I started buying it here, right? It kind of inched higher and then it kind of went … I wish I added two days ago when I broke this range too. Oh, well.”

Lone

14,621 views • 9 months ago

Qullamaggie on Stocks With 45 Degree Moving Averages “And for example, is this a good setup? It’s not because it’s not surfing any of the moving averages. There’s no clean trend; it’s been going sideways for months and months. Okay? Is this a good setup? Well, this one actually was a good setup. You know this was a good setup. It undercut and bounced off the 20-day with higher lows. It took out the side range; this was a good setup, but it didn’t follow through. It would have stopped you out. Was this a good setup? Like I actually traded this one because I anticipated this big. You know it’s not really what I’m trying to teach you. You want to be in the stocks that have the higher— you know, or maybe even more like something like this. I don’t know; is this 45 degrees? Can you guys confirm? Is this like 45 degrees? Am I missing out? This is 45 degrees, plus minus a few degrees you want. You want stocks that go up in 45-degree angles, 45 degrees, or even more.”

Qullamaggie on Stocks With 45 Degree Moving Averages “And for example, is this a good setup? It’s not because it’s not surfing any of the moving averages. There’s no clean trend; it’s been going sideways for months and months. Okay? Is this a good setup? Well, this one actually was a good setup. You know this was a good setup. It undercut and bounced off the 20-day with higher lows. It took out the side range; this was a good setup, but it didn’t follow through. It would have stopped you out. Was this a good setup? Like I actually traded this one because I anticipated this big. You know it’s not really what I’m trying to teach you. You want to be in the stocks that have the higher— you know, or maybe even more like something like this. I don’t know; is this 45 degrees? Can you guys confirm? Is this like 45 degrees? Am I missing out? This is 45 degrees, plus minus a few degrees you want. You want stocks that go up in 45-degree angles, 45 degrees, or even more.”

Lone

13,904 views • 7 months ago

PabloReports: What do you make of Donald Trump doing 3,700 stock trades? Tuberville: I do the same thing. I never look at my stocks. You give it to someone who knows what they’re doing. I’m getting sick and tired of hearing Republicans and Democrats saying we need to stop all this insider trading. Sure, if you’re insider trading, you need to stop. I guarantee you President Trump is not insider trading, I’m not insider trading, and it’s ridiculous people bring that up. Most of the people who bring that up don’t have a clue what they are talking about.

PabloReports: What do you make of Donald Trump doing 3,700 stock trades? Tuberville: I do the same thing. I never look at my stocks. You give it to someone who knows what they’re doing. I’m getting sick and tired of hearing Republicans and Democrats saying we need to stop all this insider trading. Sure, if you’re insider trading, you need to stop. I guarantee you President Trump is not insider trading, I’m not insider trading, and it’s ridiculous people bring that up. Most of the people who bring that up don’t have a clue what they are talking about.

Acyn

1,702,708 views • 1 month ago

Qullamaggie Shows a 6 Star Setup on a 5 Star Scale “This thing, I traded on the stream. This is a 6 star setup on a 5 star scale. You know, you gotta f*cking memorize this. This is a 6 star setup on a 5 star scale. You don't get this many of these. Look at how tight it is. Bounces perfectly off the 20 day. It's really tight. This one I traded on the stream. Unfortunately, I wasn't really good at following my exit rules. And look at the move it made. Or no, I did follow my exit rules really well. I think I sold it somewhere here. Yeah, I did follow my exit rules. I think I sold it on this day when it closed below the 10 day. The first time it closed below the 10 day. And now you probably understand why I'm so excited for TSLA. Like I'm literally dreaming about TSLA. It's gonna be an enormous trade. It looks exactly like it. But it could also be a big breakdown, right? And then in that case, I'm gonna short it. But you know, this thing breaks out. It's gonna go to 2000. I’ll have a big, big position. You gotta memorize these things.”

Qullamaggie Shows a 6 Star Setup on a 5 Star Scale “This thing, I traded on the stream. This is a 6 star setup on a 5 star scale. You know, you gotta f*cking memorize this. This is a 6 star setup on a 5 star scale. You don't get this many of these. Look at how tight it is. Bounces perfectly off the 20 day. It's really tight. This one I traded on the stream. Unfortunately, I wasn't really good at following my exit rules. And look at the move it made. Or no, I did follow my exit rules really well. I think I sold it somewhere here. Yeah, I did follow my exit rules. I think I sold it on this day when it closed below the 10 day. The first time it closed below the 10 day. And now you probably understand why I'm so excited for TSLA. Like I'm literally dreaming about TSLA. It's gonna be an enormous trade. It looks exactly like it. But it could also be a big breakdown, right? And then in that case, I'm gonna short it. But you know, this thing breaks out. It's gonna go to 2000. I’ll have a big, big position. You gotta memorize these things.”

Lone

17,468 views • 10 months ago

Palmer Luckey: “It doesn’t take that much bravery when you’re young to start a company” “Everyone talks about how scary it is to start a company, but it really depends on where you are in your life. If you are someone with a family and with kids and with a stable job, then that totally makes sense. What I don’t buy - and I always push back on - is this idea that starting a company as a recent college graduate or someone taking a break from college is some kind of crazy, incredible sacrifice…. You don’t have a family to take care of. You don’t have a mortgage. You don’t have a career. You have nothing.” Palmer continues: “I guess dropping out of school, maybe. But if you can get your head past that, then it’s actually pretty easy. Usually what I tell people is - if you’re going to start a company, realize the stakes are lower when you’re young than they will ever be… I don’t think it takes that much bravery when you’re young to start a company. And I think more people should do that and recognize that really they’re a coward for not … You have nowhere to go but up and nothing to waste but time.” Video source: Internet Marketing (2021)

Palmer Luckey: “It doesn’t take that much bravery when you’re young to start a company” “Everyone talks about how scary it is to start a company, but it really depends on where you are in your life. If you are someone with a family and with kids and with a stable job, then that totally makes sense. What I don’t buy - and I always push back on - is this idea that starting a company as a recent college graduate or someone taking a break from college is some kind of crazy, incredible sacrifice…. You don’t have a family to take care of. You don’t have a mortgage. You don’t have a career. You have nothing.” Palmer continues: “I guess dropping out of school, maybe. But if you can get your head past that, then it’s actually pretty easy. Usually what I tell people is - if you’re going to start a company, realize the stakes are lower when you’re young than they will ever be… I don’t think it takes that much bravery when you’re young to start a company. And I think more people should do that and recognize that really they’re a coward for not … You have nowhere to go but up and nothing to waste but time.” Video source: Internet Marketing (2021)

Startup Archive

119,063 views • 9 months ago

Qullamaggie on Make Tens of Millions With This One Single Setup “Okay, next one, SQ. Let's go back here. It had some really good setups like back in 2017. This thing, you know, keeps riding the 50 day. Okay, and here, you know, it builds a base, starts breaking out. Makes a move and surfs the 10 day and then you get two really tight candles with higher lows and then breaks out. That's a good setup. Here, another really good setup. This is just an insanely good setup. Like you need to go back and you need to take screenshots of these things. You need to build a database, thousands of stocks. Like, if you don't study at least, you know, spend at least like 500 / 1000 hours studying this one single setup, it's just super simple. It's not easy, but it's simple. But you still need to study hundreds, hundreds of hours, thousands of hours over the next few years. That's how you master it. That's how you will make millions, tens of millions. With this one setup, you can make tens of millions. Like this could be like it's kind of breaking out of a little bit of a range of the 50 day, you know, building higher lows. It's a little bit more of a subtle setup. Like there's obviously variations of this setup. You're going to figure it out. You know, if you spend a thousand hours studying these setups, you're going to figure out these variations.”

Qullamaggie on Make Tens of Millions With This One Single Setup “Okay, next one, SQ. Let's go back here. It had some really good setups like back in 2017. This thing, you know, keeps riding the 50 day. Okay, and here, you know, it builds a base, starts breaking out. Makes a move and surfs the 10 day and then you get two really tight candles with higher lows and then breaks out. That's a good setup. Here, another really good setup. This is just an insanely good setup. Like you need to go back and you need to take screenshots of these things. You need to build a database, thousands of stocks. Like, if you don't study at least, you know, spend at least like 500 / 1000 hours studying this one single setup, it's just super simple. It's not easy, but it's simple. But you still need to study hundreds, hundreds of hours, thousands of hours over the next few years. That's how you master it. That's how you will make millions, tens of millions. With this one setup, you can make tens of millions. Like this could be like it's kind of breaking out of a little bit of a range of the 50 day, you know, building higher lows. It's a little bit more of a subtle setup. Like there's obviously variations of this setup. You're going to figure it out. You know, if you spend a thousand hours studying these setups, you're going to figure out these variations.”

Lone

12,637 views • 10 months ago

Qullamaggie on Minervini Promoting Services “Minervini yeah. He’s promoting his services really hard. His books and services now. I think his books are decent. But when he starts tweeting about these thin stocks on Twitter, it kind of makes you think: is he even trading or is he just promoting? Selling books and making, you know, conferences. Making money that way. Because some of - a lot of the stocks he mentions are not even tradeable. And he’s tweeting them out to his tens of thousands of followers. I don’t know how many followers he has. I haven’t followed him for a while. I used to follow him. Uh Mark Minervini. He has 128 thousand followers. Yeah, that’s disgusting. And so he tweets out this. Let’s look at his tweets. If he has pumped any microcaps lately, hmm, CLGN. What’s this, yeah? So this one he, uh, tweeted about 2 days ago. You can’t even trade this shit. Like, what the f*ck is he doing? Is he trading a 10,000 dollar account? What the f*ck? I don’t know. He’s a sketchy dude. I think his book is great, but man, he should have no business tweeting about these thin stocks. Yeah, CLGN, exactly disgusting. Fucking disgusting, what is this TELA? Look at this thing it’s traded 3.9 thousand shares so far today. And he’s tweeting out these things. How do you even trade this thing? He was tweeting about stuff like AMD on a day like here, on oh, look at AMD’s breaking out. This is like an ultra liquid stock. But you know, when you tweet out something like this, I mean, I could make this thing double in five minutes if I wanted to. I could literally make this thing double if I use my intra-day margin. And he’s tweeting this thing out to his hundreds of thousands of followers. Really disgusting, Yeah. I was in his room. I took the trial, yeah. They’re super expensive. I guess that’s what happens if you don’t make money from trading. You know, you gotta sell. You gotta promote yourself. Exactly the same thing Tim Sykes is doing. They make no money from trading. But you know, it’s risk-free, right? You don’t have to take any trading risk. Just have to promote your stuff and you know, it’s kind of predictable income, I guess.”

Qullamaggie on Minervini Promoting Services “Minervini yeah. He’s promoting his services really hard. His books and services now. I think his books are decent. But when he starts tweeting about these thin stocks on Twitter, it kind of makes you think: is he even trading or is he just promoting? Selling books and making, you know, conferences. Making money that way. Because some of - a lot of the stocks he mentions are not even tradeable. And he’s tweeting them out to his tens of thousands of followers. I don’t know how many followers he has. I haven’t followed him for a while. I used to follow him. Uh Mark Minervini. He has 128 thousand followers. Yeah, that’s disgusting. And so he tweets out this. Let’s look at his tweets. If he has pumped any microcaps lately, hmm, CLGN. What’s this, yeah? So this one he, uh, tweeted about 2 days ago. You can’t even trade this shit. Like, what the fck is he doing? Is he trading a 10,000 dollar account? What the fck? I don’t know. He’s a sketchy dude. I think his book is great, but man, he should have no business tweeting about these thin stocks. Yeah, CLGN, exactly disgusting. Fucking disgusting, what is this TELA? Look at this thing it’s traded 3.9 thousand shares so far today. And he’s tweeting out these things. How do you even trade this thing? He was tweeting about stuff like AMD on a day like here, on oh, look at AMD’s breaking out. This is like an ultra liquid stock. But you know, when you tweet out something like this, I mean, I could make this thing double in five minutes if I wanted to. I could literally make this thing double if I use my intra-day margin. And he’s tweeting this thing out to his hundreds of thousands of followers. Really disgusting, Yeah. I was in his room. I took the trial, yeah. They’re super expensive. I guess that’s what happens if you don’t make money from trading. You know, you gotta sell. You gotta promote yourself. Exactly the same thing Tim Sykes is doing. They make no money from trading. But you know, it’s risk-free, right? You don’t have to take any trading risk. Just have to promote your stuff and you know, it’s kind of predictable income, I guess.”

Lone

56,088 views • 6 months ago

Qullamaggie on Don’t Have Lots of Commitments When Starting to Trade “If you’re starting out trading, it’s a very hard thing, you know. Becoming a successful trader takes a lot. Most people I know who started trading and actually became successful began in their twenties or somewhere in their thirties. And most of them were single and had no kids when they started out. But once you’re profitable, it doesn’t really matter anymore because you don’t have to put in the same intense effort. Then it doesn’t matter if you have kids or a family — you can make it work anyway once you’re consistently profitable. When you’re just starting out, though, you better not have a lot of other major commitments. Because it’s probably going to be a very hard thing to do. Honestly, trying to learn trading while you already have kids and all that… oh man, I wouldn’t have become a successful trader if I had kids when I started out. No way.”

Qullamaggie on Don’t Have Lots of Commitments When Starting to Trade “If you’re starting out trading, it’s a very hard thing, you know. Becoming a successful trader takes a lot. Most people I know who started trading and actually became successful began in their twenties or somewhere in their thirties. And most of them were single and had no kids when they started out. But once you’re profitable, it doesn’t really matter anymore because you don’t have to put in the same intense effort. Then it doesn’t matter if you have kids or a family — you can make it work anyway once you’re consistently profitable. When you’re just starting out, though, you better not have a lot of other major commitments. Because it’s probably going to be a very hard thing to do. Honestly, trying to learn trading while you already have kids and all that… oh man, I wouldn’t have become a successful trader if I had kids when I started out. No way.”

Lone

13,416 views • 5 months ago

Qullamaggie on If You Can't Draw a Triangle, It's Not a Good Setup “This thing had some pretty good setups down here. Had a breakout here, but it was kind of red candle on that breakout day, so that kind of ruined it. But yeah, it went straight up. Yeah. I mean, you know, obviously it’s too bad it closed near the lows this day. But if you ignore this day, just look at the setup quality. This is what you wanna look at, okay? Just make a habit of drawing these triangles, okay? If you can’t draw a triangle, the setup is sh*t. If there is not a range and higher lows, the setup is sh*t; it’s easy as that, move on.”

Qullamaggie on If You Can't Draw a Triangle, It's Not a Good Setup “This thing had some pretty good setups down here. Had a breakout here, but it was kind of red candle on that breakout day, so that kind of ruined it. But yeah, it went straight up. Yeah. I mean, you know, obviously it’s too bad it closed near the lows this day. But if you ignore this day, just look at the setup quality. This is what you wanna look at, okay? Just make a habit of drawing these triangles, okay? If you can’t draw a triangle, the setup is sht. If there is not a range and higher lows, the setup is sht; it’s easy as that, move on.”

Lone

23,584 views • 6 months ago

Qullamaggie on Minervini’s 18,000 Chart Database “Wait, Minervini has an 18,000-page chart database on paper? Guys, that’s what you have to do. I think 18,000 may be a bit overkill, and especially on paper. But if you have like one note or ever note or something like that, there’s no reason why you should… you know you… everyone should build a chart database, a pattern database right, at least a couple of thousand charts and setups. And then you trade those setups over and over, again right. Like, I have three setups and variations that I trade over and over again. I don’t do any rocket science at all.”

Qullamaggie on Minervini’s 18,000 Chart Database “Wait, Minervini has an 18,000-page chart database on paper? Guys, that’s what you have to do. I think 18,000 may be a bit overkill, and especially on paper. But if you have like one note or ever note or something like that, there’s no reason why you should… you know you… everyone should build a chart database, a pattern database right, at least a couple of thousand charts and setups. And then you trade those setups over and over, again right. Like, I have three setups and variations that I trade over and over again. I don’t do any rocket science at all.”

Lone

43,543 views • 8 months ago

Qullamaggie on the Importance of Leading Stocks “And like people post setups all the time on my stream. People post setups all the time, and this is the hard part — identifying a really good setup versus something that’s random and mediocre. Because that’s gonna also reflect on your results. If you trade the random setups, your results are gonna be random too. You want to find the outlier stocks. You want to see if it has relative strength. The best time to trade this breakout method is after a pullback in the markets. You want to see the stocks that held up the most — the ones that had big moves previously and held up the most. And if you master this setup, if you trade this setup coming out of a small correction, like say a 5-10 or 15% correction in the overall indices, that’s almost like free money for this type of setup. Because if you can identify the stocks that held up the most during the correction — that maybe went down initially but then stopped going down as the correction went on, and actually started building higher lows — that’s telling you something. If you have a stock that’s gone up a lot, and then it stops going down when the market goes down, you know the stock is trying to tell you something. And that’s what leading stocks do. Like every bull market, this is obviously the case. I’m gonna talk more about it later. You obviously need an up-trending or sideways market to trade this method. You have leading stocks — the stocks that go up the most and are the most liquid. And those are really the stocks you want to trade. They’re mostly mid and large caps, but even a small cap can be a leading stock. Those are really the stocks that don’t go down when the market goes down. It’s like you try to push a tennis ball underwater — it just pops back up. And those are the type of stocks you want to find when trading this method.”

Qullamaggie on the Importance of Leading Stocks “And like people post setups all the time on my stream. People post setups all the time, and this is the hard part — identifying a really good setup versus something that’s random and mediocre. Because that’s gonna also reflect on your results. If you trade the random setups, your results are gonna be random too. You want to find the outlier stocks. You want to see if it has relative strength. The best time to trade this breakout method is after a pullback in the markets. You want to see the stocks that held up the most — the ones that had big moves previously and held up the most. And if you master this setup, if you trade this setup coming out of a small correction, like say a 5-10 or 15% correction in the overall indices, that’s almost like free money for this type of setup. Because if you can identify the stocks that held up the most during the correction — that maybe went down initially but then stopped going down as the correction went on, and actually started building higher lows — that’s telling you something. If you have a stock that’s gone up a lot, and then it stops going down when the market goes down, you know the stock is trying to tell you something. And that’s what leading stocks do. Like every bull market, this is obviously the case. I’m gonna talk more about it later. You obviously need an up-trending or sideways market to trade this method. You have leading stocks — the stocks that go up the most and are the most liquid. And those are really the stocks you want to trade. They’re mostly mid and large caps, but even a small cap can be a leading stock. Those are really the stocks that don’t go down when the market goes down. It’s like you try to push a tennis ball underwater — it just pops back up. And those are the type of stocks you want to find when trading this method.”

Lone

14,473 views • 2 months ago

Qullamaggie on Taking Breaks From Trading, You’re Not Gonna Make It “And I don’t think these people who feel like they need breaks from trading because they had a few bad days — I don’t think they’ll ever make it. No, I really don’t. I think you know, if you need to take a break as soon as things get tough, you’re never gonna make it, because things get rough like all the time. Everything can be perfect and a few days later you know things are super rough. You just need to get your shit together and not act like a drama queen. It happens — get over it. And if it gets you more than one night’s sleep to get over it, you know, I think you’re just gonna have a hard time doing this consistently over the long term. That’s my personal opinion — I have no data on it, just my personal opinion.”

Qullamaggie on Taking Breaks From Trading, You’re Not Gonna Make It “And I don’t think these people who feel like they need breaks from trading because they had a few bad days — I don’t think they’ll ever make it. No, I really don’t. I think you know, if you need to take a break as soon as things get tough, you’re never gonna make it, because things get rough like all the time. Everything can be perfect and a few days later you know things are super rough. You just need to get your shit together and not act like a drama queen. It happens — get over it. And if it gets you more than one night’s sleep to get over it, you know, I think you’re just gonna have a hard time doing this consistently over the long term. That’s my personal opinion — I have no data on it, just my personal opinion.”

Lone

15,113 views • 1 month ago

Qullamaggie shows Exit Strategy for Long Swings “What’s your exit strategy for such long swings? How do you decide this? Okay, that’s easy. Let’s take an example, ROKU. So I bought it here, on the opening range size. It gapped up on earnings, huge volume. All the things I’m looking for. You know, long range break had like a 6, 7-month range break had surprising good earnings. Great growth, etc. I sell some, maybe 15 to 20%. A quarter of my position, and then I trail it. Then I just start trailing it like the first close below this purple line. That’s the 10-day moving average. I sell maybe say a quarter or a third of what I still have left. The shares I have left after the ones I bought. Sold into strength, and then I sell another third or quarter when it hits the first close below the 20-day moving average, which is the yellow line. And then the next level is the red line, which is the 50-day, etc. So that’s how I scale out. So that’s what I use these moving averages for. I wait for them to be my stop pretty much. So I wait until the end of the day and I sell it. Then I also have a level. Let’s just take an example right here. I usually use the previous swing’s lows as my stop. Then I would get out at 79. Even though it turns up intraday and closes above this yellow line, I would have to stop. You know, you can get stopped out because you know. I can, so you know. Sometimes stocks, they go, they can go down, you know, 20%.50% in a day, even. You know mid and large cap names can do that sometimes. So, you know, if it hits my last resort stop, it is my last resort stop. I just sell it. If that was helpful, those are my sell rules, sell into strength and I trail the rest.”

Qullamaggie shows Exit Strategy for Long Swings “What’s your exit strategy for such long swings? How do you decide this? Okay, that’s easy. Let’s take an example, ROKU. So I bought it here, on the opening range size. It gapped up on earnings, huge volume. All the things I’m looking for. You know, long range break had like a 6, 7-month range break had surprising good earnings. Great growth, etc. I sell some, maybe 15 to 20%. A quarter of my position, and then I trail it. Then I just start trailing it like the first close below this purple line. That’s the 10-day moving average. I sell maybe say a quarter or a third of what I still have left. The shares I have left after the ones I bought. Sold into strength, and then I sell another third or quarter when it hits the first close below the 20-day moving average, which is the yellow line. And then the next level is the red line, which is the 50-day, etc. So that’s how I scale out. So that’s what I use these moving averages for. I wait for them to be my stop pretty much. So I wait until the end of the day and I sell it. Then I also have a level. Let’s just take an example right here. I usually use the previous swing’s lows as my stop. Then I would get out at 79. Even though it turns up intraday and closes above this yellow line, I would have to stop. You know, you can get stopped out because you know. I can, so you know. Sometimes stocks, they go, they can go down, you know, 20%.50% in a day, even. You know mid and large cap names can do that sometimes. So, you know, if it hits my last resort stop, it is my last resort stop. I just sell it. If that was helpful, those are my sell rules, sell into strength and I trail the rest.”

Lone

23,637 views • 9 months ago

Qullamaggie on Buying Near the Moving Averages “You want to buy them near the moving averages. One thing you will find is the best breakouts pretty much all the great breakouts happen from where when the price is at the 10 or the 20 moving average. That’s one of the first things you will notice. I bought SPCE two days ago but you know I shouldn’t have done that. Sometimes FOMO gets the best of me. But now the moving averages are starting to catch up and look how clean of a move it is. Had one leg higher and now it’s digesting with higher lows. Compare it to IDEX - it’s hard to explain, like you need to do the work and you will see it for yourself. You will learn how to identify a good setup. But the key is the 10 day and and or the 20-day needs to catch up the price. MSTR where did I buy it? I bought it here when it flagged showed relative strength and the moving averages caught up to price.”

Qullamaggie on Buying Near the Moving Averages “You want to buy them near the moving averages. One thing you will find is the best breakouts pretty much all the great breakouts happen from where when the price is at the 10 or the 20 moving average. That’s one of the first things you will notice. I bought SPCE two days ago but you know I shouldn’t have done that. Sometimes FOMO gets the best of me. But now the moving averages are starting to catch up and look how clean of a move it is. Had one leg higher and now it’s digesting with higher lows. Compare it to IDEX - it’s hard to explain, like you need to do the work and you will see it for yourself. You will learn how to identify a good setup. But the key is the 10 day and and or the 20-day needs to catch up the price. MSTR where did I buy it? I bought it here when it flagged showed relative strength and the moving averages caught up to price.”

Lone

30,588 views • 11 months ago