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"The biggest drawdowns always happen after great runs, and that's how it should be. If you don't have a drawdown, means you're taking no risk, means you're making no money. Like if you have a set of rules, you double your account, and your drawdowns double in size, that's... show more

Charlie M

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17,408 views • 1 year ago •via X (Twitter)

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The explosive returns traders like Kristjan Kullamägi 🇺🇦 and Martin Luk can put up don't come for free. The same volatility that drives those gains also produces drawdowns most people can't stomach. But that's a feature, not a bug. "Even the most successful traders/investors are gonna be in a drawdown most of the time. Even this year, even though I'm up at least 500%...I've spent at least half of the year in a drawdown, at least. So expecting to be peak equity all the time, its just not gonna happen. you're gonna spend most of your time in a drawdown even on a really good year. That's just how it works. You just need to realize it, and you need to accept it. Being in a drawdown is not an anomaly, its normal. Now the question is how big of a drawdown are you gonna be in...I try to limit my drawdowns to 10-15%, but sometimes they become more severe than that. I think I've had two 25-30% drawdowns this year. So drawdowns, its the nature of the game, if you wanna have big returns you are gonna have drawdowns, cause if you don't have drawdowns means you don't take any risk, and if you don't take any risk, you wont have any returns..." - Kristjan Kullamägi 🇺🇦

The explosive returns traders like Kristjan Kullamägi 🇺🇦 and Martin Luk can put up don't come for free. The same volatility that drives those gains also produces drawdowns most people can't stomach. But that's a feature, not a bug. "Even the most successful traders/investors are gonna be in a drawdown most of the time. Even this year, even though I'm up at least 500%...I've spent at least half of the year in a drawdown, at least. So expecting to be peak equity all the time, its just not gonna happen. you're gonna spend most of your time in a drawdown even on a really good year. That's just how it works. You just need to realize it, and you need to accept it. Being in a drawdown is not an anomaly, its normal. Now the question is how big of a drawdown are you gonna be in...I try to limit my drawdowns to 10-15%, but sometimes they become more severe than that. I think I've had two 25-30% drawdowns this year. So drawdowns, its the nature of the game, if you wanna have big returns you are gonna have drawdowns, cause if you don't have drawdowns means you don't take any risk, and if you don't take any risk, you wont have any returns..." - Kristjan Kullamägi 🇺🇦

Charlie M

26,268 views • 3 months ago

Qullamaggie on Average Drawdown Size in Trading “Being in a drawdown is the normal. It’s not an anomaly—it’s just normal. Now the question is, how big of a drawdown are you gonna be in? Obviously, you should, like… I try to limit my drawdowns to ten to fifteen percent, but, uh, you know, sometimes they become more severe than that. I think I’ve had two thirty-percent drawdowns this year—twenty-five, thirty. So drawdowns, you know, it’s the nature of the game. If you wanna have big returns, you are gonna have drawdowns. Because if you don’t have drawdowns, it means you don’t take any risk. And if you don’t take any risk, you won’t have any returns. Most of my drawdowns is less than fifteen percent. Exactly—if you don’t have any drawdowns, if you have great returns, you don’t have any drawdowns, you’re made off.”

Qullamaggie on Average Drawdown Size in Trading “Being in a drawdown is the normal. It’s not an anomaly—it’s just normal. Now the question is, how big of a drawdown are you gonna be in? Obviously, you should, like… I try to limit my drawdowns to ten to fifteen percent, but, uh, you know, sometimes they become more severe than that. I think I’ve had two thirty-percent drawdowns this year—twenty-five, thirty. So drawdowns, you know, it’s the nature of the game. If you wanna have big returns, you are gonna have drawdowns. Because if you don’t have drawdowns, it means you don’t take any risk. And if you don’t take any risk, you won’t have any returns. Most of my drawdowns is less than fifteen percent. Exactly—if you don’t have any drawdowns, if you have great returns, you don’t have any drawdowns, you’re made off.”

Lone

20,097 views • 6 months ago

"Something I don't think a lot of people reflect on but, you're gonna be in a drawdown most of the time. You're not gonna be at all-time highs every day. Your accounts are gonna be at all-time highs maybe, if you're a swing trader, maybe 5-10% of the time, 15 or 20% in a good, good market year. You're gonna have these periods that last from 3 months, 6 months where you're gonna be below all-time highs, that's just a fact, that's just how things work." – Kristjan Kullamägi 🇺🇦

"Something I don't think a lot of people reflect on but, you're gonna be in a drawdown most of the time. You're not gonna be at all-time highs every day. Your accounts are gonna be at all-time highs maybe, if you're a swing trader, maybe 5-10% of the time, 15 or 20% in a good, good market year. You're gonna have these periods that last from 3 months, 6 months where you're gonna be below all-time highs, that's just a fact, that's just how things work." – Kristjan Kullamägi 🇺🇦

Charlie M

19,550 views • 1 year ago

that's how you should talk when you're grateful, even if you don't want to be part of a girlgroup

that's how you should talk when you're grateful, even if you don't want to be part of a girlgroup

LJ🇵🇦

180,969 views • 3 months ago

Head of Instagram: "If you just love AI content, great. Like, you should be able to have a feed that's just, like, AI town. And if you don't, then you shouldn't have it in your feed... I don't think we should filter out AI content."

Head of Instagram: "If you just love AI content, great. Like, you should be able to have a feed that's just, like, AI town. And if you don't, then you shouldn't have it in your feed... I don't think we should filter out AI content."

More Perfect Union

1,156,936 views • 2 months ago

"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 🇺🇦

"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 🇺🇦

Bracco ⚡️

16,580 views • 1 year ago

"You have to practice and play and behave like a winner if you want to win games. You can't just decide you're going to be that day a winner. That's not how it is. You have to be that every single day in your approach and in your execution."

"You have to practice and play and behave like a winner if you want to win games. You can't just decide you're going to be that day a winner. That's not how it is. You have to be that every single day in your approach and in your execution."

The Winning Difference

42,040 views • 1 year ago

"Remember, money is made in waiting for the big pitches, not trading random stuff in choppy markets." "Don't look too hard for setups, good setups should come to you, they should just scream at you, when you're looking at something it's like maybe, then it means no. Maybe means no." – Kristjan Kullamägi 🇺🇦

"Remember, money is made in waiting for the big pitches, not trading random stuff in choppy markets." "Don't look too hard for setups, good setups should come to you, they should just scream at you, when you're looking at something it's like maybe, then it means no. Maybe means no." – Kristjan Kullamägi 🇺🇦

Charlie M

27,510 views • 1 year ago

I don't care if you're the richest person in America. I don't care how much power you have. If you were involved with Jeffrey Epstein in a nefarious way, you should be investigated. You should testify under oath. And if you're guilty, you should go to jail. That's why I'm calling on Bill Gates to testify before Congress. No one is above the law.

I don't care if you're the richest person in America. I don't care how much power you have. If you were involved with Jeffrey Epstein in a nefarious way, you should be investigated. You should testify under oath. And if you're guilty, you should go to jail. That's why I'm calling on Bill Gates to testify before Congress. No one is above the law.

Nancy Mace

104,948 views • 7 months ago

Qullamaggie shows Why Not To Sell if You Have No Reason To Sell “MARA bouncing off the rising 10-day. I gotta admit, yesterday was not easy, but that's the days, days like that, you gotta grab your balls and say you know what? Pullback days happen. And there's no reason to sell just because we have a down day. There's no reason to sell if you have no reason to sell. Other than that, it's a down day. Pullbacks happen. You want a big winner? You gotta endure some pullbacks. That's just how it works. You can't have straight up action every day. One that tested me a little bit was FNGU. That one dipped below the 20 day, but then it bounced exactly where it should have bounced. So it was a little bit of relief into the close, but I really thought I was gonna get stopped out of this thing. But it wicked nicely into the close and closed about the 20. Because that's my biggest position. Having a 15% pullback in a few sessions, it kind of hurts. But you know, sometimes you gotta grab your balls and just follow your sell rules. Because if you don't follow your rules, you're gonna be a loser. And not loser in a good way. You're gonna be like working shifts at McDonald's. Because you blew up your account. That type of a way. Gotta follow your rules. Sometimes it hurts. Sometimes you have to endure volatility.”

Qullamaggie shows Why Not To Sell if You Have No Reason To Sell “MARA bouncing off the rising 10-day. I gotta admit, yesterday was not easy, but that's the days, days like that, you gotta grab your balls and say you know what? Pullback days happen. And there's no reason to sell just because we have a down day. There's no reason to sell if you have no reason to sell. Other than that, it's a down day. Pullbacks happen. You want a big winner? You gotta endure some pullbacks. That's just how it works. You can't have straight up action every day. One that tested me a little bit was FNGU. That one dipped below the 20 day, but then it bounced exactly where it should have bounced. So it was a little bit of relief into the close, but I really thought I was gonna get stopped out of this thing. But it wicked nicely into the close and closed about the 20. Because that's my biggest position. Having a 15% pullback in a few sessions, it kind of hurts. But you know, sometimes you gotta grab your balls and just follow your sell rules. Because if you don't follow your rules, you're gonna be a loser. And not loser in a good way. You're gonna be like working shifts at McDonald's. Because you blew up your account. That type of a way. Gotta follow your rules. Sometimes it hurts. Sometimes you have to endure volatility.”

Lone

10,632 views • 1 year ago

"You don't get to be a horrific human being and then your team wins a championship because you have a lot of money and now you're not a horrific human being anymore. That's not how that happens." - Dan Le Batard

"You don't get to be a horrific human being and then your team wins a championship because you have a lot of money and now you're not a horrific human being anymore. That's not how that happens." - Dan Le Batard

The Dan Le Batard Show

206,714 views • 3 months ago

Larry Wheels looked visibly UPSET after his SUPERMODEL WIFE says she can have guy friends but Larry can't have girl friends😳👀 "Can you have girlfriends? Can I have guy friends? Hell no! Not allowed. Only guys. That's a double standard. What you gonna do about it?" "What, you don't trust me?" "I trust you but you're married. If you had a girlfriend from childhood, yes. But now while you're married making friends? Hell no. For what?" "But that's a double standard. You're saying you can have guy friends."

Larry Wheels looked visibly UPSET after his SUPERMODEL WIFE says she can have guy friends but Larry can't have girl friends😳👀 "Can you have girlfriends? Can I have guy friends? Hell no! Not allowed. Only guys. That's a double standard. What you gonna do about it?" "What, you don't trust me?" "I trust you but you're married. If you had a girlfriend from childhood, yes. But now while you're married making friends? Hell no. For what?" "But that's a double standard. You're saying you can have guy friends."

Cage ☆

119,377 views • 7 months ago

Qullamaggie on Why You Are Always in a Drawdown “You're never gonna sell everything at the top. Just get that thought out of your head. You're gonna be in a drawdown probably 99% of the time. Remember that. You can make 500% in a year and be in a drawdown 95% of the time. That's just how it works. If anyone's gonna tell you otherwise, they're a liar and probably trying to sell you something. Look at stuff like NFLX over the past 10 years or AMZN. One of the best performing stocks over 10 years. You can see it spent like, what, 2/3 of the time in a drawdown. Now it's in a drawdown again. Where this ends, who knows. That's just how it works. No matter how good or bad your returns are, you're gonna spend most of the time in a drawdown. No matter what. Only time you're not gonna do that, if you’re a day trader or scalper, one of these guys that make 50 bucks per day and they're super happy about it. They make like 500 trades, end up with 50 bucks.”

Qullamaggie on Why You Are Always in a Drawdown “You're never gonna sell everything at the top. Just get that thought out of your head. You're gonna be in a drawdown probably 99% of the time. Remember that. You can make 500% in a year and be in a drawdown 95% of the time. That's just how it works. If anyone's gonna tell you otherwise, they're a liar and probably trying to sell you something. Look at stuff like NFLX over the past 10 years or AMZN. One of the best performing stocks over 10 years. You can see it spent like, what, 2/3 of the time in a drawdown. Now it's in a drawdown again. Where this ends, who knows. That's just how it works. No matter how good or bad your returns are, you're gonna spend most of the time in a drawdown. No matter what. Only time you're not gonna do that, if you’re a day trader or scalper, one of these guys that make 50 bucks per day and they're super happy about it. They make like 500 trades, end up with 50 bucks.”

Lone

13,508 views • 1 year ago

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"

Brad

35,334 views • 1 month ago

The difference a lot of people don't realize is that when you're a celebrity, 50% of the population doesn't like you. That's just how it is. They don't like you. But when you're a politician, 50% of the constituency hates you and two and a half percent of them want to kill you. That's the difference. There's always that two and a half percent lunatic fringe no matter where you are. It's pretty scary and it's tough on your family and that's why I have so much respect for politicians.

The difference a lot of people don't realize is that when you're a celebrity, 50% of the population doesn't like you. That's just how it is. They don't like you. But when you're a politician, 50% of the constituency hates you and two and a half percent of them want to kill you. That's the difference. There's always that two and a half percent lunatic fringe no matter where you are. It's pretty scary and it's tough on your family and that's why I have so much respect for politicians.

Kevin O'Leary aka Mr. Wonderful

24,897 views • 8 months ago

If you're British and you support Russia, you're a traitor. That's it. That's the post.

If you're British and you support Russia, you're a traitor. That's it. That's the post.

TimForAlI 🇬🇧🇺🇦🇮🇱🇬🇪

34,214 views • 18 days ago

Qullamaggie on Longest Drawdown and Having 3-6 Month Drawdowns Every Year “After reviewing your historical performance, I don’t know where you got my historical performance from - but if you paid attention, my longest drawdown was in 2015 — it lasted nine months. I have drawdowns that last three to six months every single year. It’s a feature, not a bug. Reviewing my performance… well, if he was studying me reviewing my performance, he would know I had a nine-month drawdown in 2015 and that I have three-to-six-month drawdowns every single year.”

Qullamaggie on Longest Drawdown and Having 3-6 Month Drawdowns Every Year “After reviewing your historical performance, I don’t know where you got my historical performance from - but if you paid attention, my longest drawdown was in 2015 — it lasted nine months. I have drawdowns that last three to six months every single year. It’s a feature, not a bug. Reviewing my performance… well, if he was studying me reviewing my performance, he would know I had a nine-month drawdown in 2015 and that I have three-to-six-month drawdowns every single year.”

Lone

17,092 views • 2 months ago