Preferably trade anything above 5million. 4K subscribers in the qullamaggie community. High volume, high ADR, 120% flagpole with only 22% correction. This is true especially for small cap stocks with lower volume. There is an absolute "No Troll" policy - this is a place where traders can learn and help each other. Volume. This can help find stocks that are breaking out with volume greater than average by that time of day. com, a trading forum run by professional traders. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Restrict Volume Dollars to more, increase ADR to 6 or 7 (keep in mind he needs it lower because of his account size), or increase the Price growth bottom limit to ~95% Reply Antique_Volume8081 • In my opinion, you’d be better off scanning for a minimum amount of shares traded daily vs $ volume. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 We would like to show you a description here but the site won’t allow us. 42). Doing the videos to improve my trading and helping others succeed. if he's in at opening range, the volume is quite often not there yet, stock likely hasn't broken through trend yet, and he gets stopped out a bunch but doesn't seem to enter on a second hammer day or anything that doesn't move ( it seems that he either enters mostly on an actual breakout attempt, decidedly successful or a failed breakout, but An alternate community to r/SHIBArmy Tired of endless reposts, “upvote me" posts, “wen moon/Lambo/swap” posts, “watch this video” clickbait posts or FUD spam? When it comes to ep, you basicly just need to scan for gappers, personally I use gaped up more then 7%. WAVE holds up relatively well while the market tanks, so that's a good thing. I then calculate the Daily, Weekly and Monthly % Change as well as the % off 52 week High/Low. Check TDV on Tradingview. In one of his videos Qulla talks about how much he puts on a single trade. EQT might be setting up. I. I would like to start running some backtests in Python on 1 min data to verify my setups. The rule is that the volume should be higher than average during pre-market or within the first half hour. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 I've noticed that Kris's screens don't limit market cap or price so in theory they could include micro caps or penny stocks. One way you can do it is to look at the 5 min or 30 min chart. One thing I struggle with is that the stocks that I choose all have good setups, above the 20, 50, 100 emas, good earnings, good revenue, high adr over 2. But set it to 10% for more Qullamaggie close gap%. #qullm Aug 8, 2020 路 I'm attempting to swing trade with breakouts. 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 reality $80m+ dollar volume cuts out this since these don't attr 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. Picked up bits and pieces and developed my own thing that fits my own personality. Hey all -- as the title says, I'm new to trading/reddit. 300k average 10 day volume for high priced stock is an example. Hello, I need an honest answer. com One question I would add is "What percentage of breakout days were proceeded by 1-3 days of very tight candlesticks on very low (lets say <50% volume)". Also, if you get in "early" with biotech names you might want to scale out significantly rather quickly so instead of taking 50% off and leaving 50, you might want take 60-80 off upon a significant gain so if you lose 70% of that 20% its not that much cash lost, you are still a big time winner. Another YouTuber I follow is Jack Corsellis; guy makes some great vids breaking down a lot of the action bar by bar, and makes just a ton of videos. been in distribution (20day up/down = . Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Looking at approx 30% in a clean move. Tulipomania, The South Sea Bubble, Roaring Twenties, Post-War Bull Market, 1980s Bull Market , Japanese Bubble, Dot-com Bubble, Bitcoin mania, and now (2019-2021) Covid bounce bubble? Hello, hope your year is off to a good start. If the volume is not there in premarket, it needs to come in at the open. Since Reddit’s API changes, Reddit is still failing to meet the needs of those who rely on accessibility tools for their various platforms like those previously offered by 3rd party apps A celebrity or professional pretending to be amateur usually under disguise. This move can be anywhere from 30-100%+ and usually lasts a few days to a few weeks. I get that this is a very individual thing and not everyone uses the same broker (I think Q uses Sterling and Stockbee uses Interactive Brokers), but managing your trades properly here is fundamental to exploiting a setup and really the missing half of all 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. Another tell of illiquidity could be the spread between bid and ask. Trading the US stock markets from Sweden since 2011. It’s dollar volume is 1. In the last twitch episode our hero did not trade netflix cause ADR was 1. Unless you know what you are doing KK preaches not taking breakouts till the QQQ is in a confirmed uptrend (10 MA over 20 MA). You can also use the "Relative Volume at Time" indicator. I know I'm not "there" yet, but I would love some feedback to see if I'm on the right track before putting my money into the market. From what I remember Qullamaggie recommends setting your limit to $5m or $10m daily dollar volume minimum, but I have seen people that use scans all the way down to $200k. He also mentioned that some traders have specific share size (10K, 3K, etc. Qullamaggie just said he was one of the top tax payers in Sweden in 2020 and 2021. Been through KK's website, trading school videos, some of the recommended books. There is a reason why KQ recommends 5m breakout. I have spent months learning the WON and Qullamaggie strategies, currently using the MarketSmith tool for charting/fundamentals (priceyyy!). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. PLEASE GO HERE FIRST: qullamaggie. If the volume on the breakout bar is significantly higher than average, it would be considered a high volume breakout. kk recommends that positions don't exceed 1-2% of dollar-volume but does he recommend a dollar-volume minimum in scans based on account size? cif so, what factor should I multiply by? In yesterday’s stream, KK pointed out EPs as the go to setup if you are struggling. From here you should see the 'filters' button. 4% breakout to new 20-day highs. Lastly, you need to add a dollar volume indicator at the bottom. Do not trade anything less than 1 million average volume. Looks for sure interesting, just they adapted too much the strategy with their parameters, and there are a lot of technical things to consider that fit the specific relative use of a strategy, ex as the comparison with delisted stocks as I would not enquire into KK specific stock selection, but all the data. 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 He is always looking into "above average" volume on the breakout. Range contraction above 10 and 20-day EMAs (exponential moving averages) That’s like saying Berkshire Hathaway class A shares are 500,000 dollars each and the stock trades 3,000 shares average per day. I have also heard a lot of good things and I like the traiding "style" of qullamaggie. Click that to open the screener. Post any questions you have, there are lots of redditors with LSAT knowledge waiting to help. However, I am not sure if I should start studying all this and start trading, I am afraid of wasting my time. remove relative volume - completely irrelevant for pre market scan put pre market volume on 5k or smth you are going to miss way to many eps with that amount no need for pre m gap% price and vol price are personal preferences We would like to show you a description here but the site won’t allow us. This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. yes this will limit your gains on super volatile stock but that is just We would like to show you a description here but the site won’t allow us. The problem is that the opening 5 minute is usually very volatile and this will get you in the stock and throw you out the very next instant. ) compare to Qulla who, with A+ setups, put almost all of his account on a trade. For example, a professional tennis player pretending to be an amateur tennis player or a famous singer smurfing as an unknown singer. A the bottom of the screen in Tradingview, you should see the 'screener' tab. Higher spreads are generally an indication of less Higher than average volume. There is an absolute "No Troll" policy - this sub is an environment where traders can learn and help each other. Ive been trading full time for a number of years and used to contribute on a regular basis but now the only time I go on to have a nosey is when I have done all my work and have 10 or 15 minutes to kill and want to see what the usual suspects are arguing about. -ADR% 3. Check out the sidebar for intro guides. KK's strategy is all about high and tight flags that are surfing the MA's, with higher lows and decreasing volume+volatility that leads to a breakout on high volume. RVol - Relative Volume. Trade Like a Stock Market Wizard (Free PDF link) How to Make Money in Stocks (Free PDF link) The winners should outweigh the losers with sizemanagement. I have tried to study all aspects of trading: Backtesting 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. You want to see half of the average daily volume already being traded after the first few minutes. You may have to try a few more times. 1 (10% above recent average on breakout day). It can still be a play if that is broken. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Short YouTube Summary (New) Swing Trading School <---- Most important! Memorize these setups. This is from the William O'Neil C. Centered on the community around Gherkinit / Pickle Financial's Youtube channel and financial due diligence but open to all looking to learn. Since not all breakouts will have massive volume, I don't use this as a filter. Defined as: volume @ breakout / average 30 days volume > 1. Let's say a stock extends during the 3-5 day interval, he exits half, it doesn't close below MA's. -Cybersecurity is a top 20 industry…so that’s good So this isn’t even close to my Q radar. 5%, volume*price 10m+, capitalization etc etc etc. this is a little difficult when volitility is up. 6K subscribers in the qullamaggie community. In case of SHOP, it had an average of ~11M shares and after the first 5 minutes over 5M shares already had been traded - very good. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Welcome to FXGears. It will take you 3-4 earnings seasons to get good at trading EP, 5-6 if you are a moron. Here is an indicator that I wrote as a psuedo-screener to help with some backtesting. Found this " NFA fined Larry Williams for not reporting to potential clients that, while his personal account in a promotional 1987 contest was very profitable ( a gain of + $902,599), his managed accounts for clients lost substantial funds ( - $6,122,281). For all you ToS users, I asked Chat GPT to create a scan in ThinkScript to find stocks with an ADR of over 4 in last 20 days. 98% so not 5% per Q but close enough for me. The Reddit LSAT Forum. I remember him going over the Bitcoin chart and explaining the breakout-setup (high tight flag). It then had an even bigger - 55+%, more than half its value! - drop from Sep 14 2023 high (56. I'd think he would, so long as it breaks its range. Additionally, the key thesis in this backtest seems to be different than KK's strategy as it uses pivot breakouts instead of flags. It had been in a clear up trend (higher highs, higher lows) for the last 14 months Are we looking at the same stock? :) CVNA had a 36+% drop from Jul 20 2023 high (57. . 19) to Aug 17 2023 low (36. 5 billion so it’s incredibly liquid. In other words when the market opens or shortly thereafter the volume should already be as high or higher than the days leading up to the breakout. S. I have read a lot about traiding and also came across qullamaggie. Hi traders, In his video My scanning process and scans from his channel at 32 seconds he shows : volume > 40 thousands daily. A place to discuss beauty brands, cosmetics, and skincare from Asia. CWT Interview #212. Hi everyone, I hoe you're doing very well. We also sometime talk about other canon equipment such as printers. 1K subscribers in the qullamaggie community. that way when it does drop, i wont be caught with my pants down. N. To know if the price is extended it may require some deep dive in fundamentals/news , but most of the time it cannot determined, maybe check volume keeps low the days the price falls in comparison with green days. I have a few questions I have on my mind for the past few weeks first one being how would I be able to grow a $10,000 account stocks making moves from $40 to $50 wouldn’t make a big enough impact for a small account until I’ve got a larger account. Setups and Methodology. 5K subscribers in the qullamaggie community. On one of the AMD failed trade he put on half of his account. If the list you get is to big, then you can add some other stuff like adr if possible, relative volume is good (the one that measures if the volume is higher then normal, set it to at least 2). We would like to show you a description here but the site won’t allow us. In the backtest you can also access the performance stats and the code. Morning All, I've been paper trading for some time now with Qull's methodology. Hey everyone, I've recently come across some really interesting works about Qullamaggie Deep Dive and I'm really curious to explore more. Does anyone have a snapshot/document of these top tax payers for this time period that shows his name? 3. It depends on different factors: current market condition: If market is bad / choppy (like currently) I will take half EOD (probably the remaining after 3 days max) Qullamaggie’s strategy would has worked many times throughout history. 3. For me it probably took 7 or 8 earnings seasons. Nov 2, 2021 路 Volume is the #1 thing to focus on. The squares (when green) from top to bottom represent Hey guys, I have been studying stocks for the past 3 years on and off, and 1 year intensely. I decided to create a trading log and add all the trades with and without volume but out of 40 trades, I can tell you maybe 2 had the above-average volume on a breakout. I've been studying resources from Qullamaggie and Stockbee but one thing they never really touch on is how to manage trades in your broker. I am a Big Fan, Student of his who trying to become a better Trader and Helping you with his Right Market Knowledge. UPDATED(!): This subreddit is for Insurance Professionals (Agents/brokers, owners) to discuss our work and current events and goings on in the industry, in addition to asking and answering questions about the business amongst each other and sharing relevant content. L. 77) -volume on this “big day” will barely touch 5MM so 5x reg vol? Meh -no BIG move. And for dollar volume, use the average 5 day volume and multiply it by the closing price. Welcome to FXGears. Right now breakouts are tricky because we are seeing these insane rallies which are more like mean reversion setups. Books. Qullamaggie says he exits 1/3-1/2 after 3-5 days, and holds the rest until price close below 10/20 MA, but I know he's trading the strongest stocks throughout the whole move. Qullamaggie has cited this book a few times, it's a great book about momentum trading. It provides the code and you can add a custom scan that works pretty well. Trying to answer point by point: I would say any upside rally +70% is good to go, as long as ADR is high (+5) and price squeezes correctly. Qullamaggie himself says this strategy also works on Cryptos. ADR is a way to measure the volatility of a stock, as KJ disciples we follow the ADR 20 days percentage. The video has to be an activity that the person is known for. Welcome to reddit's home for discussion of the Canon EF, EF-S, EF-M, and RF Mount interchangeable lens DSLR and Mirrorless cameras, and occasionally their point-and-shoot cousins. This community is devoted to the teaching of strategies, trades, resources and lifestyle that help traders become consistently profitable. I used to do this and it is hit or miss. Personally I think its a toxic place for people to learn and has been going downhill for a while. 8% although the setup was worty. Dec 26, 2023 路 Qullamaggie’s Laws of Swing from Scrutiniser, MikeC; 20 tweets from qullamaggie explainging methods and approach; Qullamaggie’s TC2000 layout; Apex_Trade_-_Kris_Trade_database; Notes from Kristjan Kullamägi’s streams; TOS_Chart_Studies_and_Scans; List of parabolic stocks 2020; Qullamaggie_all_videos_transcripts; Ep Compilation; 1200 Good morning, everyone. RRS: Real Relative Strength. I'm writing it in python and making decent progress-- here's a link to the backtest of the current version, running on NVDA. Then a rest to build a base. How is kris selecting his stocks? I know he looks for setups, volume, relative strength, analyst estimates… Orb not triggered on the 5m, though. Get the Reddit app Scan this QR code to download the app now Qullamaggie observations on Indices and Volume Share Add a Comment. If the volume isn't there, then it most likely won't work. This gives a rolling comparison of the selected stock to a chosen market ETF. A celebrity or professional pretending to be amateur usually under disguise. The best place on Reddit for LSAT advice. and volume (Dollars) 1-Day > 1,5Mil. Earlier on (and maybe on his website also, if I don’t mistake) he points to EPs as the setup he would trade if he would only trade one setup. This seems to be quite different. It's a nanocap stock though, 20M market cap, Volume doesn't even break $1M most days, extremely volatile with 28% ADR - almost untradeable. Average daily traded volume > 100k shares. Please use the search tool before posting. This is important as the more institutions are involved, the easier it is to trade. formula is: [Price]*[Vol5D] Both of these can be created in the formula editor tool in Ti and will show up for use in an alert or scan. I have edited my previous answer to say dollar volume now. It was supported at the 50ma and has since been making higher lows. However, the cost of purchasing these works can be quite steep for an individual. This is a subreddit group for discussing multi-millionaire trader Kristjan Kullamägi 馃殌馃殌馃殌 Aug 19, 2022 路 100% Credit goes to Qullamaggie . Taking a 1m or 3m ORB has high failure rate. From KK's website, the setup for a breakout is: A big move higher sometime in the past 1-3 months. Good for predicting if it will be a high vol day. Even relative volume would likely be a better metric. Jan 8, 2021 路 Big volume. A place to focus on learning and discussing the stock market (as well as some quality shit-posting and meme'ing opportunities). I'd also imagine that the vast size of a fund would be very very challenging to realize capture quick and large returns with. I keep the price around 5-10% under the current price. This extrapolates the volume to give an estimate of how the end of day volume will compare to the average volume. Welcome to /r/Netherlands! Only English should be used for posts and comments. when i am trading contracts, i use my stop limit sells. One other thing that can be helpful is 'relative volume at time' being greater than 1. Qullamaggie Breakout Trading Method. I might be wrong but lets say we have another crypto bullrun in the next few years. Welcome to NepalStock, a sub-reddit dedicated to investment, trading, Nepali capital market, research, technical & fundamental analyses. After publishing the Qullamaggie Breakout script and seeing that it had some decent results, I wanted to explore it a bit further. 80) - which btw was not able to break through Jul 20 high - to Nov 1 2023 low This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. Hi - I created this sheet using python to get the data from Yahoo Finance. nonetheless, as the contract increases in value, i slide the stop limit up in tandem with it. M method if anyone's interested/hasn't heard of that one. 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). This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. This compares the current volume to the average volume at that time of day. Can you, please, help to build a scanner for the following criteria (based on Stockbee's blog): Price > $1. Many times the best ones have traded their average daily volume in the first 15-30 minutes after the open. The Law School Admission Test (LSAT) is the test required to get into an ABA law school. And even if all of those things weren't true, it would still not be ready yet. If your topic is related to anything about trading in Nepali stock market, it belongs here. This is public information that is posted. It all depends on your account size and what you feel comfortable with. Sure, I'll give it a try. A.
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