I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go out of devastation.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
'Kenna Muriel Hesseling' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Other lessons I’ve learned from Kristjan. Simplify everything, don’t make things too complex. Focus on the big picture. Imagination is perhaps your most powerful asset as a trader. Risk/reward is important and all, but tightness on the chart is the key to achieving that favorable risk/reward. So, focus on high momentum stocks with 5+ ADR that then tighten up. Also, the earnings and news episodic pivot events are vital. They propel new winners forward with force. Thanks for the great video.
@@gappuma7883 a major turning point in the life of a company. It is usually driven by earnings but sometimes by surprising news. It has to be significant and catch Wall Street off guard.
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
I'm using this method along with using alerts to notify me when a stock breaks out of its channel. The results are very good, I can actually see the difference in the slope of my account balance line from the day I started using this method.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Nice content! The best way to find that balance between saving and living is by investing, This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments.
wow! this is a jewel. the best comment i've ever come across on YT. Why didn't i ever think about this. Thanks for this, I'd also really appreciate if you give me some tips/guidelines that would guide me on the right path to take while investing
I’m not in a position to guide you, You just got to find the best investment and find a strategy that works for you or better still find yourself an investment adviser who'd help you trade and control your portfolio, with their knowledge and experience you’d earn very good revenue.
I’ve made a loss of over $2500 trading in my own where can I find an expert to help me recover my losses and also help me earn consistently from the stock market.
Few years before i got to decipher the market myself i worked with an IA Tamara Diane Hagan. She traded my $90k portfolio into $220k and i learnt a lot of things i know today from her.
I have heard much about this Mr Larry kent nick and he's amazing strategies. I will be grateful if you can give me a reachable way I can easily talk to him
The more I watch those professional traders, more I notice that they are all trend followers that use pretty much the same moving averages and same chart patterns… that must tell us something Good work man ! Thanks for these videos
A lot of people will hear that 30% winrate and quickly move on from this but the way you explained the profit % was very clean. The 3 wins outweigh the 7 losses by a huge %. From an outsiders perspective they would think that this strategy was bad.
In these videos no one ever mentions how the volume decreases as the setup's volatility contracts. That is a very telling sign that no more supply is entering the market and being sold off. Everyone is just holding then a rush of buyers come in and since the low volume showed us no is selling, the flood buyers THRUST the price action upwards out of the consolidation for a clean breakout.
Don’t be afraid to invest in something at an all time high. this next leg up is for making gains. Time in the market always beats trying to time the market..
Monitoring/Timing the market is impossible. history shows that the market will in the long term have an upward trend, so the worst thing is not investing at all.
Once lost five thousand dollars because of going in on project without knowledge. After 5 months of reading books, listening to analysts and so on, i returned to invest and lost another two thousand but a friend introduced me to a coach in the person of Katherine Rae Lobe which through her copy trade program i am sure of 10-15% ROI monthly. slow and steady wins the race.
Most people think... investing in crypto is all about buying coin and leaving it to rise,😀😀common it takes much analysis to be a successful crypto trader
Who's this professional everyone is talking about I always see her post on top comment on every UA-cam video I watched I think I'm interested how can I get in touch with this Expert
Too bad he's not presented any audited tax returns to prove the trading success. When someone on twitter asked him, he just said "then stop following me!"
@@phillaysheo8 I don't follow him; why would I follow someone who might be just as much as a loser in the markets as you or I? If you dont like my comments, stop reading them.
@@FinancialWisdom the point being that his outsized returns are more reflective of a hyperinflationary market than technical prowess. Let's not conflate wealth with wisdom.
Buy a good cross section of an economy and you should do well over the long term. The market wil be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. the U.S. is about 50% of the global market place, Pay yourself first. It's time in the market, not timing the market. last year I invested 100 grand in the S&P 500/ an allocation fund (with the help of my Financial Advisor Rita Lynn Evans of course) and made 370k, but guess what? I put it back and traded with her again and now I’m rounding up close to a million.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Michelle Stewart
I invest with Mrs Michelle Stewart too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
MY NAME IS AKASH FROM INDIA AND U CAN CALL ME KRISTJAN AS I AM WORKING ON SAME STRATEGY FROM 1 YEAR WITH MANY SAME RULES.....I AM PROUD OF MY SELF AFTER GETTING CONFIRMATION FROM THIS EPISODE......THANK YOU SIR FOR THIS MASTER PIECE VIDEO.....BOOSTING MY TRUST IN STRATEGY........GOD BLESS YOU.....KEEP SENDING SUCH FANTASTIC VIDEO........I NEVER MISS ANYONE OF YOUR VIDEO......IN FACT WAITING EAGERLY TO WATCH & GAIN KNOWLEDGE.
@@doglover9703 SIR...PLS LEARN TO COOK FOOD YOURSELF AND YOU WILL NEVER BE REMAIN HUNGRY...HOPE YOU GOT MY POINT IN RIGHT WAY. THEIR ARE MANY WAYS......TRY TO FIND & U WILL GET IT.
I think swing saves you from noise which appear on every 3min and 1min candle.. You don't need to get fear on every second which can turn winning trade to loosing one.
Yeah that's true. If you are addicted to looking at the chart hoping it goes up you're probably trading poorly and probably based on a time frame too short to be reliable
There’s so much gold in this video, it’s almost EXACTLY the way I trade… for all novice traders, I’d recommend really watching this over a few times, taking notes and paying attention.
when will be the breakout happening? consolidation might go on for weeks to months....How to predict the BO so that we can have on watchlist ? Plz guide
Hi FW, remark that the overall result calculations at 9:42 are (slightly) incorrect. For the first line, you have to calculate 0.99^7 * 1.1^3, which is a little bit higher than 24 % gain. For the second line, you have 0.99^9 * 1.1, which is breakeven and not 1 %. You can not simply sum the gain and loss percentages. Extreme example: a 50 % loss and 100 % gain results in breakeven, and not a 50 % gain. Otherwise: Great material!
Someone had the following question about risk in the comments found on qullamaggie's "3 TIMELESS setups that have made me TENS OF MILLIONS!" webpage at January 9, 2021 at 4:04 pm “Also, how do you define the max risk (1%)? Is it relative to the configured stop loss (which might not get filled at the desired price in case of extreme crash)?” Someone else replied with: The max risk you calculate is a per share risk, then from there you calculate the number of total shares you want to trade, capping it with your over-the-top rule which is never more than 30% of your account size." To which I add: This means that on a particular stock purchase, you do not risk more than 1% of your total account size. This is how this rule is applied to your trade: Example: 1) Your account size is $10,000. 2) Because you've decided that you won’t risk any more than 1% of your account, you limit your losses to $100 on the trade. 3) Your stop loss setting determines the max dollar amount you’ll spend on this trade. 4) If you buy a stock at $10 and your stop is $9.50 (50 cents spread), then $100/.50 means you can purchase 200 shares, or $2000. 5) If the stock was to immediately crash after purchase and hit your stop loss, you will lose $100, which was the most you were willing to risk on that trade.
This is an honest review, I've been trading for over 2 years now, and I find this channel to be very valuable. The big part is that because you discuss things that are written in the books. Only professionals write books, so discussing them really give a lot of insight. Keep it up💯💯💯
Great work man, really appreciated.. You have given us so much knowledge about trading, that no one has ever given us.. your content is so good that i can't explain.. Thank you sooo much for helping us.
@@FinancialWisdom Yeah this is the only channel that has so clearly explained different trading concepts. I've been watching trading channels/videos for years, while all good, this one really make it visually and pedagogically succinct and to the point.
Hi I read Mark Minervini book,I have some selling question The following selling rules all need to calculate days, but how to calculate them? 1.70% up days over a 7 to 15 day period 2.AFTER extended move stock moves up 25-50% in 1-3 weeks (12 of 15 days up over 3 weeks) 3.6-10 days of accelerated advance with all but 2 or 3 days up
if after 5 candle he close 1/3 or 1/2 position, and risk reward ratio 1:5, it does not mean the risk reward is actually 1:5 because half position might be closed earlier. so 1:5 can be just like 1:3
This is a very good educational channel for junior speculators. The videos in this episode are very exciting. Congratulations for breaking through 50,000
Many thanks Gareth. Excellent as always. Nothing radically new, but each presentation hammers home the basic message of low risk trading. (Last year I did the identical trade on Tesla for the same reasons - largely thanks to the teaching in some of your earlier videos.)
This tactic works except the case when it doesn't, which is quite often. A good video although some concepts here are unrealistic in real-life terms, but a 10x reward is hard to realize in real life. Price moves are not solid but choppy more often than not. The price goes up only to turn and run down triggering stops, then continuing the up move. Besides tight stops will get triggered often and one will also lose the opportunity to gain on the move. Btw chart setup example shown at 5:00 is extremely rare in the real world, life isn't that simple.
Agree with you. Often I see chart example trades used that just seem to go so smoothly that they’ve picked out to demonstrate🤷♂️ I use Dow or trend line exit or 10% stop loss…
The crypto market has been favourable in the weeks, I keep missing out on this opportunity, I'm most certainly very impatient how can I ever make a profit in the crypto market.
My crypto mentor Mrs Cora James, you may have come across her on a few interviews I invested $3,000 last two weeks and it profited me $11,410 a higher success
Wow I know Mrs Cora James. I met her at a conference in California 2019 where she introduced us her business strategy, she helped me cover my student loans
I've been trading crypto with Mrs Cora James for over a year and l've made about a whooping profit of $86,000 in crypto its not much but I'm OK with the progress since I now make a whole lot from the comfort of my bed.
Wow Ive watched tons of trading videos . This is without a doubt , one of the very best. It should be watched from time to time . Absolute Excellence !!!! 🎉💯
He keeps his position size below 30% all the time. If it goes beyond 30 (let’s say he increases his position intraday) then he will trim his positions by the end of the day.
Last week, Warren Buffett talked in BBC news about how investors and traders can make millions through Crypto. He also recommended an expert Mrs Olivia Segal. Wondering if any viewers here are familiar with her services?
Hello Richie , yes I know Mrs Olivia Segal and her trading strategies really favoured me, I have been investing with her for about 4 months now and I earn not less than $15k profit weekly
It’s strange how people talk about all the profits, they have been making through trading of crypto, while am here making huge losses. Please can someone put me through on the right path or at least advise me on what strategy to follow.
As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.
Yes I use her services, After watching so many UA-cam tutorial videos about forex_ trade, I was still making losses until she started managing my investments now I'm making great profit weekly"
I myself use this strategy that I found out on my own and I have to say it is the best strategy you can ever work with , well at least for me (yet). I use the daily chart
Stock trading has resulted in massive profits for the experienced investors in todays market. Trading cryptocurrencies and forex trading has been a source of income for many investors that. When your speculations are right then you’ll earn your profits. Don’t rush into any of these investment plans if you don’t have a good analyst!!.
I’m okay with my speculations and so far my returns are great looking back to how much I invested. My analyst Ryan hans is an expert trader and soon I can handle my trades perfectly
Great. You must have noticed that trading becomes easy and profitable with the help of a professional. People fail to find a good one and that results badly. Happy trading
@@harriet2330 Ryan is on top of his game. my portfolio has increased from my speculations with him. I must say that I find Ryans strategies to be Top notch and effective
Hello, I was having a discussion about the percentage gain required to compensate for percentage loss. I found out that if you lose 10% you need to make back 11.11%, if you lose 25% you need to make back 33.33%, and if you lose 50% you need to make back 100%. So losing 1% 7 times and gaining 14% the 8th time won’t put you up 7% apparently.
Iirc, In an interview Quallamaggie said he got to 1 million through day trading as we can see, it took 5 years (2013-18) for that, and then it took him only 1 year to get to 4 million using swing trading, the difference in time spent is massive
Ive never heard of Christian but he's done exceptionally well. This is all well and good but if you look at stocks in general, or specifically SPX for example, its had an unprecedented run since the star of 2009, it's hard to lose money in such an era.
Great video! It was very interesting to see and I love how informative it was, not just a kid plotting some indicators but rather something that actually makes sense! Great job! You've earned yourself a new subscriber. Does these strategies also work in the crypto market?
8:16 : "Primary focus is on money management and the risk and reward, the setup themselves are secondary and not groundbreaking. Fundamentally, trading are game of odds and the more that we can move the odds in our favor the more margin of error we can absorb and this is where risk reward becomes the major factor."
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
Also what sector, market leaders, momentum, laggards, overall context, suitable environments, liquidity, volume, setups...... etc....etc. If only it were that simple.
@@justdnk777 Well it's a bread and butter version, but you can expand each point almost infinitely if you'd like. Fundamentally those 3 are all you need, buy low, sell high. Cut losses short and let winners run.
This is great and thanks for sharing. I would like to suggest you show losing trades as well as the winners just to show that the setup doesn’t always work.
Thanks for always being so helpful in delivering important messages from various interesting books attractively. You’ve saved much of my time reading them 😄 Much appreciated 👍 Btw, any explanation of why does he always close a half or 1/3 of his positions after a few days of entry? Does he also consider to average them up after breaking the next critical levels?
As I understand he doesn't average up normally? Only if there is an entirely new set up taking place? I think he mostly take from the early parts of a breakout?
@@sharonyohannan5293 I dont understand the logical rationale since price can always go higher. why not just set a fixed take profit level. btw I am a full time trader and everything in this video makes sense besides that to me
I was really intrigued by the name of this trader, but after reading description under the video it all came clear. Kristjan Kullamägi is without a doubt Estonian name and he probably has moved to Sweden at some point. And his last name means in estonian "mountain of gold". Just a little side note.
Nice video, I just noticed this yes no one is debt free, there is always a disadvantage in every advantage, so just remain focused on your goal, I can boast of lots I have made from trading stocks and Forex markets, though the risk in it too, keep your goals and yes work towards it.
Nice video and Thank you also for recommending your broker jessica Robert, her services are exceptional and I've been earning greatly from investing with her
Really?... wtf 😮. From 9.1k to 1.4M it means 288% return per year for the first 5 years. And if he turns 9.1k to 82 millions it means around 112k% per year? Or I'm wrong.. its real?
It's real but 99% of people will never be able to do it. It's not just strategy, there are naunces and a mindset that go with it that take up your whole life. When looking at his strategy you need to understand that rules are only guidelines, he would be making decisions based on the market in the moment more than just blindly following his rules, if he was just using rules he would automate it but its not that simple. I trade for like 5 to 120 mins a day and make similar return (not for this many years running yet) but in reality every minute of every day I live a really routine and disciplined lifestyle, it's crazy how much mental work it is to do consistently.
This is all ideal world stuff, you can barely find any chart that trades as cleanly as the examples given here nowadays. There are alot of false breakouts all the time. If trading was this easy, then the odds of making money for most traders wouldn't be as low as 10%, because even and infant could see these set ups and technically trade them if they were that clean and easy to spot.
Yes I agree its never that perfect as the markets have changed with much more competition and algos involved but I find it helps to adapt to the new market conditions like widening your stop for fakeouts (I like to use multiple of ATR). I still believe the core fundamentals still work just not as cleanly as it was before
@@rashidkhan-xm4rl Well, win rate in itself doesn't really matter to be fair. What matters is that your winners are far bigger than your losers, so you could still have a low win rate of 10% and technically be profitable, provided your 90% losers are smaller than the 10% winners.
@@FinancialWisdom That makes sense, thanks for the response👍 Been trading for about a year and a few months and I've always been the kind of trader who tries to be above 50% accuracy and hunt high R:R trades during the New York open. I never even thought to look for strategies lower than 40% accuracy
My first investment with Mrs Anna gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
@@cecmello subjective ,I guess. But it might be objective with little flexibility. Don't search for objective strategies. Learn concepts which obviously would be subjective. Make strategies which could be objective based on the concepts. The strategies should be an optimal balance between reward risk and win rate. Trade management for exit and partials (partials not necessary though) are underrated but they decide your equity curve.
I have a doubt regarding when to trade and when not trade When the general market is pulling backany stock with good base fall back to base after Breakout Current scenario market is looking over bought because MA are stretched. When to trade Breakouts means (in what type of General market conditions?)
this is the problem with value guys they dont understand they busy in proving them self right that they dont understand trading is all about co relation between rr ratio and win rate
Correction to the win-rate examples at 9:43, If you start with $1000 and lose 1% 9 times, then go up 10%, you'll end up with a net gain of $4. The percent returns are compounding, so losses are always more dangerous than we think.
@@FinancialWisdom the part i don't understand is when to actually buy. I don't understand opening candle where to put the stop loss on the day because if my understanding is correct i buy on the second 5 min candle at open that would be at 9:35 if higher high. but we could drop 20% in the day but he says to put the stop loss at the END of the days low so seems like I am missing something. Perhaps a video if possibel thanks
@@Random.Adventures.No, he's says put the stop loss at the opening range low, as long as the stock holds it's gains and doesn't drop below its opening range then you should keep holding the stock until it closes below the 10 or 20 day MA
Glad to have found this channel. Great work. Much Appreciated. Keep up the good work my friend. You are making a big difference to those struggling souls, who is trying to break away from the shekels of 9 to 5. Liked. Subscribed
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I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go out of devastation.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
'Kenna Muriel Hesseling' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Consistently one of the best trading channels on UA-cam.
Thanks lain!
👆🏻💬🚀
Other lessons I’ve learned from Kristjan. Simplify everything, don’t make things too complex. Focus on the big picture. Imagination is perhaps your most powerful asset as a trader. Risk/reward is important and all, but tightness on the chart is the key to achieving that favorable risk/reward. So, focus on high momentum stocks with 5+ ADR that then tighten up. Also, the earnings and news episodic pivot events are vital. They propel new winners forward with force.
Thanks for the great video.
What is episodic pivot?
What is ADR (5+ADR)
@@MarioRodriguez-tp2ut Average Daily Range.
@@gappuma7883 a major turning point in the life of a company. It is usually driven by earnings but sometimes by surprising news. It has to be significant and catch Wall Street off guard.
@@billyjoemills I dont bet on any Earning reports.. Ive seen good ERs get punished and mediocre ERs rewarded....
Can you please delete those Scam Comments? Its frustrating and im not coming here alot because of it.
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for
Very true
A great work demands a great sacrifice and who is not capable of a great sacrifice is not capable of a great work!
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
@@benildabituin1531 I'm into real estate investing.
Real estate lets people grow their net worth by amassing more and more properties. Its a good long term investment idea due to appreciation.
I'm using this method along with using alerts to notify me when a stock breaks out of its channel. The results are very good, I can actually see the difference in the slope of my account balance line from the day I started using this method.
Does it really work? So you buy the stock once it breaks out of the EMA? And then when do you sell?
How does it work?
@@criptochango9472 No, I set an alert on my phone, then I buy it when it breaks out of its channel.
What exact indicators are you utilizing?
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady. Yes my go to person is a 'MARY TERESE SINGH'. So easy and compassionate Lady. You should take a look at her work.
Thank you for sharing. it was easy to find her, then I scheduled a phone call with her. She seems proficient considering her résumé.
Nice content! The best way to find that balance between saving and living is by investing, This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments.
wow! this is a jewel. the best comment i've ever come across on YT. Why didn't i ever think about this. Thanks for this, I'd also really appreciate if you give me some tips/guidelines that would guide me on the right path to take while investing
I’m not in a position to guide you, You just got to find the best investment and find a strategy that works for you or better still find yourself an investment adviser who'd help you trade and control your portfolio, with their knowledge and experience you’d earn very good revenue.
I’ve made a loss of over $2500 trading in my own where can I find an expert to help me recover my losses and also help me earn consistently from the stock market.
Few years before i got to decipher the market myself i worked with an IA Tamara Diane Hagan. She traded my $90k portfolio into $220k and i learnt a lot of things i know today from her.
Please How can I get across to her?
A key aspect of a successful trading is an effective trading strategy
It's best for traders to look for trades that have an edge over the market
Mr Larry Kent Nick strategies are very accurate, I invested $5000 and cashed out $50,000 after 7 days I still wonder how he got good strategy
I have heard much about this Mr Larry kent nick and he's amazing strategies. I will be grateful if you can give me a reachable way I can easily talk to him
God every person in this thread is the same spammer trying to sell a scam.
Larry kent nick lost all my savings
The more I watch those professional traders, more I notice that they are all trend followers that use pretty much the same moving averages and same chart patterns… that must tell us something
Good work man ! Thanks for these videos
Thanks, yes minor variations but similar principles
One of the biggest lesson of stock market, and also no one tells about it. Thankyou sir.
Thank you too
@@FinancialWisdom hello, is the stop loss @7.05 on daily closing basis?
A lot of people will hear that 30% winrate and quickly move on from this but the way you explained the profit % was very clean. The 3 wins outweigh the 7 losses by a huge %. From an outsiders perspective they would think that this strategy was bad.
Very good. Better than Kristjan's own explanations. First time I am seeing someone describing it completely at one place.
Thanks 🙏
In these videos no one ever mentions how the volume decreases as the setup's volatility contracts. That is a very telling sign that no more supply is entering the market and being sold off. Everyone is just holding then a rush of buyers come in and since the low volume showed us no is selling, the flood buyers THRUST the price action upwards out of the consolidation for a clean breakout.
Don’t be afraid to invest in something at an all time high. this next leg up is for making gains. Time in the market always beats trying to time the market..
Monitoring/Timing the market is impossible. history shows that the market will in the long term have an upward trend, so the worst thing is not investing at all.
Sure! following the dollar cost averaging technique is pretty great, that's why you see people investing at the highs and the lows
Once lost five thousand dollars because of going in on project without knowledge. After 5 months of reading books, listening to analysts and so on, i returned to invest and lost another two thousand but a friend introduced me to a coach in the person of Katherine Rae Lobe which through her copy trade program i am sure of 10-15% ROI monthly. slow and steady wins the race.
@@danielhandz1870 Impressive, i have been in red ,i am recovering, but i really need help?
@@johnlennon232 get her page in your browser, only with a search of her her name.
Congrats on 50K! So glad I found this channel. Changing my financial trajectory.
Awesome! Thank you!🙏
Most people think... investing in crypto is all about buying coin and leaving it to rise,😀😀common it takes much analysis to be a successful crypto trader
Are you into crypto trading
As a beginner how do I get into Bitcoin investment ...?any recommendation
Wow I' m just shock someone mentioned her I thought I' m the only one trading with her.
She is amazing with an amazing skills she changed my 0.3btc to 2.1btc
Who's this professional everyone is talking about I always see her post on top comment on every UA-cam video I watched
I think I'm interested how can I get in touch with this Expert
Great channel mate, I love that you don't just review books but also traders with impressive records like Kristjan and Dan Zanger - super valuable
Much appreciated!🙏
Kris was the reason I got into trading breakouts. So this was a fun one, thanks!
Thanks Sam🙏
👆🏻💬🚀
Too bad he's not presented any audited tax returns to prove the trading success. When someone on twitter asked him, he just said "then stop following me!"
@@YouLoveMrFriendly Stop following him then. He is not selling anything. Why you want broker returns?
@@phillaysheo8 I don't follow him; why would I follow someone who might be just as much as a loser in the markets as you or I?
If you dont like my comments, stop reading them.
Man makes huge returns on slow timeframe strategy in history's biggest bull market... much wisdom so wow
And you returned?
@@FinancialWisdom the point being that his outsized returns are more reflective of a hyperinflationary market than technical prowess. Let's not conflate wealth with wisdom.
Another loser trader of 90%?
@@b.a.b7834 heh you wish
@@u_cuban Your CAGR?
Buy a good cross section of an economy and you should do well over the long term. The market wil be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. the U.S. is about 50% of the global market place, Pay yourself first. It's time in the market, not timing the market. last year I invested 100 grand in the S&P 500/ an allocation fund (with the help of my Financial Advisor Rita Lynn Evans of course) and made 370k, but guess what? I put it back and traded with her again and now I’m rounding up close to a million.
Last year was an exceptionally great year; not that impressive.
@@carpusmediainc4766 this is a scam comment to promote the “ financial advisor “ Rita Lynn 😂🤥
One of my favorite long setups: breakouts! 📈
likewise👍
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Michelle Stewart
wow.. amazing to see others who trade with Mrs Michelle Stewart, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Michelle Stewart too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
this is not the first time i am hearing of Mrs Michelle Stewart and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
With the consistent weekly profits I'm getting investing with Mrs Stewart, there's no doubt she is the most reliable in the market. such a genius
MY NAME IS AKASH FROM INDIA AND U CAN CALL ME KRISTJAN AS I AM WORKING ON SAME STRATEGY FROM 1 YEAR WITH MANY SAME RULES.....I AM PROUD OF MY SELF AFTER GETTING CONFIRMATION FROM THIS EPISODE......THANK YOU SIR FOR THIS MASTER PIECE VIDEO.....BOOSTING MY TRUST IN STRATEGY........GOD BLESS YOU.....KEEP SENDING SUCH FANTASTIC VIDEO........I NEVER MISS ANYONE OF YOUR VIDEO......IN FACT WAITING EAGERLY TO WATCH & GAIN KNOWLEDGE.
Thanks for that Akash, much appreciated. 🙏
@Akash Bhatt how you scans this type stock in Indian market
@@doglover9703 SIR...PLS LEARN TO COOK FOOD YOURSELF AND YOU WILL NEVER BE REMAIN HUNGRY...HOPE YOU GOT MY POINT IN RIGHT WAY. THEIR ARE MANY WAYS......TRY TO FIND & U WILL GET IT.
I'm amazed this chanel is only at 50K, it's entertaining as well as educational. Keep up the good woork and all the best.
Thank you very much!🙏
Criminally undervalued channel
Not many people have spare money to invest, so the overall investing community is small.
You deserve to get a "Noble Prize Award" dude.. love your videos.. ❤👍
Thank you so much 😀
This is the best UA-cam channel 💙
thanks gazetto!
👆🏻💬🚀
For myself - Watch again n again ❤
I think swing saves you from noise which appear on every 3min and 1min candle.. You don't need to get fear on every second which can turn winning trade to loosing one.
Yeah that's true. If you are addicted to looking at the chart hoping it goes up you're probably trading poorly and probably based on a time frame too short to be reliable
There’s so much gold in this video, it’s almost EXACTLY the way I trade… for all novice traders, I’d recommend really watching this over a few times, taking notes and paying attention.
🙏
when will be the breakout happening? consolidation might go on for weeks to months....How to predict the BO so that we can have on watchlist ? Plz guide
Hi FW, remark that the overall result calculations at 9:42 are (slightly) incorrect. For the first line, you have to calculate 0.99^7 * 1.1^3, which is a little bit higher than 24 % gain. For the second line, you have 0.99^9 * 1.1, which is breakeven and not 1 %. You can not simply sum the gain and loss percentages. Extreme example: a 50 % loss and 100 % gain results in breakeven, and not a 50 % gain. Otherwise: Great material!
Spot on Nobby 👍
Very nicely done vid! Hopefully newer traders find this before some pump, scam room.
I hope so too!
I am not sure how you can place your stop at the bottom of the breakout candle at only a 1% loss?
Someone had the following question about risk in the comments found on qullamaggie's "3 TIMELESS setups that have made me TENS OF MILLIONS!" webpage at January 9, 2021 at 4:04 pm
“Also, how do you define the max risk (1%)? Is it relative to the configured stop loss (which might not get filled at the desired price in case of extreme crash)?”
Someone else replied with:
The max risk you calculate is a per share risk, then from there you calculate the number of total shares you want to trade, capping it with your over-the-top rule which is never more than 30% of your account size."
To which I add: This means that on a particular stock purchase, you do not risk more than 1% of your total account size.
This is how this rule is applied to your trade:
Example:
1) Your account size is $10,000.
2) Because you've decided that you won’t risk any more than 1% of your account, you limit your losses to $100 on the trade.
3) Your stop loss setting determines the max dollar amount you’ll spend on this trade.
4) If you buy a stock at $10 and your stop is $9.50 (50 cents spread), then $100/.50 means you can purchase 200 shares, or $2000.
5) If the stock was to immediately crash after purchase and hit your stop loss, you will lose $100, which was the most you were willing to risk on that trade.
Boomer
Video is out of date. This friday he hit 90 million in his account, thanks to DWAC.
LOL brilliant..
This is an honest review, I've been trading for over 2 years now, and I find this channel to be very valuable. The big part is that because you discuss things that are written in the books. Only professionals write books, so discussing them really give a lot of insight. Keep it up💯💯💯
Thanks🙏
Scammers also write books, always do your due diligence to make sure you're following the right person.
I have been looking for a swing trade plan and this is God sent. Thank you. ❤
You are so welcome
Great work man, really appreciated.. You have given us so much knowledge about trading, that no one has ever given us.. your content is so good that i can't explain.. Thank you sooo much for helping us.
Hi Sukrut - That is a lovely compliment thanks a lot!🙏👍
@@FinancialWisdom Yeah this is the only channel that has so clearly explained different trading concepts. I've been watching trading channels/videos for years, while all good, this one really make it visually and pedagogically succinct and to the point.
@@IhateCCP thanks🙏
seems like you don't know the inner circle (ICT)
How The Bible led me to Islam ua-cam.com/video/aFMHH9Hp-OM/v-deo.html
Hi I read Mark Minervini book,I have some selling question
The following selling rules all need to calculate days, but how to calculate them?
1.70% up days over a 7 to 15 day period
2.AFTER extended move stock moves up 25-50% in 1-3 weeks (12 of 15 days up over 3 weeks)
3.6-10 days of accelerated advance with all but 2 or 3 days up
Remember when Kristjan made that mistake trading Kodak earlier in 2020? Cost him $1.5M by accidentally shorting during that huge breakout.
ouch
👆🏻💬🚀
Kristjan attributes his knowledge largely to his losses n to learning from Pradeep bonde eg EP setup and many setups.
if after 5 candle he close 1/3 or 1/2 position, and risk reward ratio 1:5, it does not mean the risk reward is actually 1:5 because half position might be closed earlier. so 1:5 can be just like 1:3
Absolutely👍
Yeah, thats what 9 out of 10 constantly miss.
Yeah he’s taking profit to early
This is definitely one of the best trading channels out there! Thank you
This is a very good educational channel for junior speculators. The videos in this episode are very exciting. Congratulations for breaking through 50,000
Thank you very much!🙏
Congrats on the 50k subscribers. Cheers to many more 🍻 Great stuff!
Thanks a ton!🙏
🖕🖕🚀🚀📩
Many thanks Gareth. Excellent as always. Nothing radically new, but each presentation hammers home the basic message of low risk trading. (Last year I did the identical trade on Tesla for the same reasons - largely thanks to the teaching in some of your earlier videos.)
good trading is hard work and very boring. „Hotness“ of a trading approach is not a measure for success.
Glad you liked it! Thanks as always William🙏👍
🖕🖕🚀🚀📩
Thanks a lot Sir 🙏🙏🙏 I was a noob but now I'm doing better, Thanks a lot Guru ji 🙏🙏🙏
Regards From
India.
Thanks Ajay
This tactic works except the case when it doesn't, which is quite often. A good video although some concepts here are unrealistic in real-life terms, but a 10x reward is hard to realize in real life. Price moves are not solid but choppy more often than not. The price goes up only to turn and run down triggering stops, then continuing the up move. Besides tight stops will get triggered often and one will also lose the opportunity to gain on the move. Btw chart setup example shown at 5:00 is extremely rare in the real world, life isn't that simple.
Agree with you. Often I see chart example trades used that just seem to go so smoothly that they’ve picked out to demonstrate🤷♂️
I use Dow or trend line exit or 10% stop loss…
The crypto market has been favourable in the weeks, I keep missing out on this opportunity, I'm most certainly very impatient how can I ever make a profit in the crypto market.
My crypto mentor Mrs Cora James, you may have come across her on a few interviews I invested $3,000 last two weeks and it profited me $11,410 a higher success
Wow I know Mrs Cora James. I met her at a conference in California 2019 where she introduced us her business strategy, she helped me cover my student loans
I've been trading crypto with Mrs Cora James for over a year and l've made about a whooping profit of $86,000 in crypto its not much but I'm OK with the progress since I now make a whole lot from the comfort of my bed.
Please🙏tell me how I can contact Mrs Cora James I've lost allot of money trying to trade on my own 😭
@@sharilynrebecca9563 Get her on whats=app👇
My old strategy worked well in trending markets. However losing in side way markets.
Hence stopping trading with a small win.
Revised strategy now
thank you so much for the work you do! you have helped me with my path to financial freedom perhaps more then anyone else.
Thats really great to hear Andrew...
👆🏻💬🚀
Wow Ive watched tons of trading videos . This is without a doubt , one of the very best. It should be watched from time to time . Absolute Excellence !!!! 🎉💯
Thanks Tony
So is he literally selling his positions (minus
He keeps his position size below 30% all the time. If it goes beyond 30 (let’s say he increases his position intraday) then he will trim his positions by the end of the day.
Last week, Warren Buffett talked in BBC news about how investors and traders can make millions through Crypto. He also recommended an expert Mrs Olivia Segal. Wondering if any viewers here are familiar with her services?
Yes I'm conversant with this trader, She's an experienced and unique trader, I have a friend who's investing with her for some time now
Hello Richie , yes I know Mrs Olivia Segal and her trading strategies really favoured me, I have been investing with her for about 4 months now and I earn not less than $15k profit weekly
It’s strange how people talk about all the profits, they have been making through trading of crypto, while am here making huge losses. Please can someone put me through on the right path or at least advise me on what strategy to follow.
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.
Yes I use her services, After watching so many UA-cam tutorial videos about forex_ trade, I was still making losses until she started managing my investments now I'm making great profit weekly"
I myself use this strategy that I found out on my own and I have to say it is the best strategy you can ever work with , well at least for me (yet). I use the daily chart
Good stuff!
Pranav hello
daily chart enter take entry with stoploss like day trader capture move like swing and trend trader
Stock trading has resulted in massive profits for the experienced investors in todays market. Trading cryptocurrencies and forex trading has been a source of income for many investors that. When your speculations are right then you’ll earn your profits. Don’t rush into any of these investment plans if you don’t have a good analyst!!.
I’m okay with my speculations and so far my returns are great looking back to how much I invested. My analyst Ryan hans is an expert trader and soon I can handle my trades perfectly
Great. You must have noticed that trading becomes easy and profitable with the help of a professional. People fail to find a good one and that results badly. Happy trading
@@harriet2330 Ryan is on top of his game. my portfolio has increased from my speculations with him. I must say that I find Ryans strategies to be Top notch and effective
@@harriet2330 Wow… how can I reach Ryan out?
*Ryanmicheal hans trading*
Shout out to those who move the stop up, have precise entries and those who use the 20 day (or 4hr)
Hello, I was having a discussion about the percentage gain required to compensate for percentage loss. I found out that if you lose 10% you need to make back 11.11%, if you lose 25% you need to make back 33.33%, and if you lose 50% you need to make back 100%. So losing 1% 7 times and gaining 14% the 8th time won’t put you up 7% apparently.
Iirc, In an interview Quallamaggie said he got to 1 million through day trading as we can see, it took 5 years (2013-18) for that, and then it took him only 1 year to get to 4 million using swing trading, the difference in time spent is massive
Ive never heard of Christian but he's done exceptionally well. This is all well and good but if you look at stocks in general, or specifically SPX for example, its had an unprecedented run since the star of 2009, it's hard to lose money in such an era.
i’m just built diff I guess
😂
Question is if everyone won who lost?
Excellent break-down, love the graphics!
Thanks 👍
There's no one better than Qulla
Great video! It was very interesting to see and I love how informative it was, not just a kid plotting some indicators but rather something that actually makes sense! Great job! You've earned yourself a new subscriber. Does these strategies also work in the crypto market?
Thanks Renke - Possibly but you would need to backtest, everything behaves differently
8:16 : "Primary focus is on money management and the risk and reward, the setup themselves are secondary and not groundbreaking. Fundamentally, trading are game of odds and the more that we can move the odds in our favor the more margin of error we can absorb and this is where risk reward becomes the major factor."
Simple strategy reminds me of Darvas.
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
Crypto trading is very profitable when you trade well.
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
Just bought $10k Ethereum and $30k bitcoin with the recent dump in crypto I was told it's the right time to buy and get ready for a skyrocket.
@@LoganRoy723 The only safe reliable,genuine and highly experienced expert I can refer you to is Mrs Pamela Morgan
This only works in bull markets then, and the “stair-steps” pattern was identified a long time ago, Elliot waves.
Simple and beautiful storytelling
1) Risk management
2) entry plan
3) exit plan
thats all you need.
With a mix of discipline/psychology😉
Also what sector, market leaders, momentum, laggards, overall context, suitable environments, liquidity, volume, setups...... etc....etc. If only it were that simple.
@@justdnk777 Well it's a bread and butter version, but you can expand each point almost infinitely if you'd like. Fundamentally those 3 are all you need, buy low, sell high. Cut losses short and let winners run.
@@FrozenFox20 Definitely agree!
This is great and thanks for sharing. I would like to suggest you show losing trades as well as the winners just to show that the setup doesn’t always work.
Noted
Wish u all the best all my fellow trader
🙏
Thanks for always being so helpful in delivering important messages from various interesting books attractively. You’ve saved much of my time reading them 😄 Much appreciated 👍
Btw, any explanation of why does he always close a half or 1/3 of his positions after a few days of entry? Does he also consider to average them up after breaking the next critical levels?
He closes a certain portion to lock in profit, then lets the rest ride higher adjusting stops along the way on the daily candle highs and lows.
As I understand he doesn't average up normally? Only if there is an entirely new set up taking place? I think he mostly take from the early parts of a breakout?
Good traders sell into strength
How The Bible led me to Islam ua-cam.com/video/aFMHH9Hp-OM/v-deo.html
@@sharonyohannan5293 I dont understand the logical rationale since price can always go higher. why not just set a fixed take profit level. btw I am a full time trader and everything in this video makes sense besides that to me
I was really intrigued by the name of this trader, but after reading description under the video it all came clear. Kristjan Kullamägi is without a doubt Estonian name and he probably has moved to Sweden at some point. And his last name means in estonian "mountain of gold". Just a little side note.
Thanks!
Nice video, I just noticed this yes no one is debt free, there is always a disadvantage in every advantage, so just remain focused on your goal, I can boast of lots I have made from trading stocks and Forex markets, though the risk in it too, keep your goals and yes work towards it.
Well said!
Absolutely it's simple n amazing strategy.
Indeed it is!
🖕🖕🚀🚀📩
Nice video and Thank you also for recommending your broker jessica Robert, her services are exceptional and I've been earning greatly from investing with her
Jessica Robert really is doing a lot of people a genuine favor with her daily signal! I've earned alot also
Wow i'm glad i did. I withdrew my first profit two days ago now I have another ongoing trade with her
The fruitfulness of your trading lies on the account manager or the expert
saw recommendation but I did not bother chating her up
I have been seeing so many recommendations about Jessica Robert on different platforms trending I think she must be good for people to talk about her
Still trying to understand how you can turn 9000 to 82000000 even at 23% profits every 10 trades.
Any hints of how often he traded?
EXCELLENT VIDEO thank you! and congratulations on crossing 50k subscribers. next stop,100k !
Thank you very much Bodie
👆🏻💬🚀
Really?... wtf 😮. From 9.1k to 1.4M it means 288% return per year for the first 5 years. And if he turns 9.1k to 82 millions it means around 112k% per year? Or I'm wrong.. its real?
Some years even 200%
It's real but 99% of people will never be able to do it. It's not just strategy, there are naunces and a mindset that go with it that take up your whole life. When looking at his strategy you need to understand that rules are only guidelines, he would be making decisions based on the market in the moment more than just blindly following his rules, if he was just using rules he would automate it but its not that simple. I trade for like 5 to 120 mins a day and make similar return (not for this many years running yet) but in reality every minute of every day I live a really routine and disciplined lifestyle, it's crazy how much mental work it is to do consistently.
Great....previously I was not putting stop losses
I'm confused. How can a swing trader only hold 10% of their position overnight?
Great video!! Volume is the only factor missing.
Very true!
This is all ideal world stuff, you can barely find any chart that trades as cleanly as the examples given here nowadays.
There are alot of false breakouts all the time.
If trading was this easy, then the odds of making money for most traders wouldn't be as low as 10%, because even and infant could see these set ups and technically trade them if they were that clean and easy to spot.
Yes I agree its never that perfect as the markets have changed with much more competition and algos involved but I find it helps to adapt to the new market conditions like widening your stop for fakeouts (I like to use multiple of ATR). I still believe the core fundamentals still work just not as cleanly as it was before
his win rate was 25 percent in 2019 market and last year around 30 percent
@@rashidkhan-xm4rl Well, win rate in itself doesn't really matter to be fair.
What matters is that your winners are far bigger than your losers, so you could still have a low win rate of 10% and technically be profitable, provided your 90% losers are smaller than the 10% winners.
it's very ballsy to have 20 ish percent accuracy and still be profitable due to a ridiculously high R:R. what a strategy
Its actually easier to do that, you build failure into the system. Anything with a high win rate to succeed is real difficult to maintain
@@FinancialWisdom That makes sense, thanks for the response👍 Been trading for about a year and a few months and I've always been the kind of trader who tries to be above 50% accuracy and hunt high R:R trades during the New York open. I never even thought to look for strategies lower than 40% accuracy
Mrs Anna is legit and her method works like magic I keep on earning every single week with her new strategy
My first investment with Mrs Anna gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
expert mrs Anna has been managing my trade for months and I keep making profit every week,made $9,130 last week
Hello.
Any one there
Please how can I reach this Mrs Anna I've already lost enough of money trading for myself
You can reach her via WhatsApp.👇
Oh sure ±➀➄➀➇➂➀⓪➁➁➁➂🇺🇸.
There is a lot of value in this channel ☺️ deserves support thank you 😌
Thank you so much 😀
My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U
My Breakout Scanner - bit.ly/3ea6sl8
My Forum - www.financialwisdomTV.com/forum
My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing
Edgewonk Trade Analysis Software - bit.ly/3xS6S7s
Hi! Is your strategy subjective or objective?
@@cecmello subjective ,I guess. But it might be objective with little flexibility.
Don't search for objective strategies.
Learn concepts which obviously would be subjective.
Make strategies which could be objective based on the concepts.
The strategies should be an optimal balance between reward risk and win rate.
Trade management for exit and partials (partials not necessary though) are underrated but they decide your equity curve.
@@cecmello Hi - I would say 70% objective and 30% subjective, although that is subjective too :-)
@@Keke-xp1ee Well said...
I have a doubt regarding when to trade and when not trade
When the general market is pulling backany stock with good base fall back to base after Breakout
Current scenario market is looking over bought because MA are stretched.
When to trade Breakouts means (in what type of General market conditions?)
Low risk+ high position is the key to super performance
Very often yes
this is the problem with value guys they dont understand they busy in proving them self right that they dont understand trading is all about co relation between rr ratio and win rate
While I like your video I think is fair to say that he also trades a short strategy and that has been also a big part of his success.
this was some out of the world knowledge,,,, Thanx
Thanks 👍
I like all your videos.Can you also make a video on how to scan for stocks before they make big move.Like what criteria to use in scanning.
Correction to the win-rate examples at 9:43, If you start with $1000 and lose 1% 9 times, then go up 10%, you'll end up with a net gain of $4. The percent returns are compounding, so losses are always more dangerous than we think.
Excellent video showing showing great insights into Kristjans's work - thanks!
Glad it was helpful!
110% for all your amazing vidéos. I’am so gratefull to have crossed your path.
Thanks Benoit.. Means a lot🙏
I love how clear your video was thank you and if you can please do more on kristjan that would be appreciated thanks
Noted
@@FinancialWisdom the part i don't understand is when to actually buy. I don't understand opening candle where to put the stop loss on the day because if my understanding is correct i buy on the second 5 min candle at open that would be at 9:35 if higher high. but we could drop 20% in the day but he says to put the stop loss at the END of the days low so seems like I am missing something. Perhaps a video if possibel thanks
@@Random.Adventures.No, he's says put the stop loss at the opening range low, as long as the stock holds it's gains and doesn't drop below its opening range then you should keep holding the stock until it closes below the 10 or 20 day MA
@@joannesmith1175 thanks yes i get this but between the candle that you bought and the opening rnage low could be as much as 10-20% couldn't it
Glad to have found this channel. Great work. Much Appreciated. Keep up the good work my friend. You are making a big difference to those struggling souls, who is trying to break away from the shekels of 9 to 5. Liked. Subscribed
Welcome aboard!🙏
Please make and video on kristjan Qullamaggi (EP) setup
Thanks to you, it helps me to find strategy. Godblessu. Very nice review....Keep it up.....
Thank you
Of the case winning 5%, should you invest in S&P ETF with almost 10% increase year on year? why bother trading?
Quit when it come back to BE point , or enter thinking that point as a support, That's an essential difference. Maybe I'll never know the answer.
BE point is rarely the support level, support level is the original rationale point - Often consolidation.
@@FinancialWisdom Thanks for response. In this specific video, the BE point is the break out point, which is the top level of the consolidation range.