Qullamaggie on Giving Back 100k Profits Is Better Than Losing 100k "Yeah, exactly. I would lose paper profits. And I've always argued they’re not paper profits — they’re real profits, I just haven’t locked them in. But I’ve always argued that giving back $100,000 in profits is

Qullamaggie shows Cyclical vs. Growth Names "Let's look at VLO. It had negative growth for the past three or four quarters, and now they're expected to start positive growth again. This is why the group has been strong lately. These cyclical stocks work like that — they have

Qullamaggie on Why He Didn't Blow Up Again "Why do you think it started to work the last time?What started to work? My trading. Why I didn't blow up another time, you mean? Well, because I learned how to trade. That's why. I did more of the things that worked, and I did less

Qullamaggie on Chatrooms and Paid Services “Were you a part of any chat rooms or services when you started to trade? I mean, are there any good ones? I have been a member of a lot of services. Some of them don’t exist anymore. The only service I’m still a member of is Stockbee,

Qullamaggie on You Should Always Bet More on Things You Like “On that run-up, did you have variations in position size? Betting more, well yeah. I always bet more on stuff I like. That’s how it should be; you should never have static risk, never ever. That’s how you make money.

Qullamaggie on What Institutional Buying Looks Like “Oh APPS at new highs. This is awesome; you can just draw a line here. It’s been building higher lows the whole year. Look at this; this is what the institutional buying looks like. They just want to get in. Very fast growing

One of Qullamaggie's biggest critiques in his Struggling Trader Reviews is continuing to trade in bad markets. When the 10 and 20 are sloping sideways or down, you can't just keep blindly buying breakouts. We have a predefined edge that works within a certain market criteria

Qullamaggie on The Best Moves In the Stock Market are on Stocks With No Earnings “I love sh*t stocks. Sh*t stocks are the ones that can make the biggest moves. Both up and down. SE decent chart good year over year. Yeah, good year over year. Revenue growth but no, it doesn’t

Qullamaggie shows His Drawdown Monitor From Early Days “Look at how many one-day drawdowns I’ve had. Like one day, this is the loss I talked about on plug. I lost 35% on my account in one day. This is the October 2014 loss. I lost 52% of my account in eight days. Then I have

Qullamaggie shows His First Run to 100k "Interested in the first run up to 200k,? No, to 100k. Want to see how large your spurts were? OK. So, let's see here. Yeah, it's kind of hard to see. But yeah, I went from about 43,000 to 100,000 in just three months, I think. Yeah, that

Qullamaggie on His Friends That Started Trading With Him “Yeah, some of them. Some of them started up. You know some of them tried trading unsuccessfully. Two of my friends actually started trading; they traded for like a year, but yeah they didn’t have much success. They could

Qullamaggie on Trading Mental Blocks “I mean this thing trades 200 times sales. Remember GPRO from many years back? It had a big run after the IPO. FIT, This thing traded like I don’t know 20 times sales and gave back all of it eventually, and I think it went down yeah. It went

Qullamaggie on Managing Many Trading Positions At Once “So someone on Twitter asked me how I can have so many positions. How can I manage so many positions at the same time and enter new ones? The simple answer is I really don’t manage them that much, but most of my positions

Qullamaggie on How I Made 80% of My Profits From One Trade “HMNY I would say probably most of my gains have come from this stock. I would say 70, maybe even 80% of my gains are from this stock. Initially, I bought it, in the 2.70 to 3.10 area and that’s been my core and I’ve

Qullamaggie on Late Day Breakouts “What are my entry rules on breakouts that happen mid or late day? What do you mean? What’s the difference of a breakout that happens later? Midday, it’s the same thing. You buy it as it starts breaking out. There’s nothing special about

Qullamaggie on When Is It Too Late to Get Into The Trade “When it’s too late? 1x average daily range. Try to keep your stops to one-third or half of the average daily range. Try to avoid, uh, what was the stock we were taking about. RAD? The average daily range is 9.2. It’s up

$SNDK “You can’t outsmart the 10 and 20 day moving averages.” - Qullamaggie “This is why I want you guys to use the close of the 10-day as a trailing stop for at least like a third or maybe even half of your position.” - Qullamaggie

Qullamaggie on Don’t Repeat My Mistakes “Guys I’m doing these things in real time, so you don’t have to repeat my mistakes. I’m suffering for your sake - I’m like Jesus.”

Qullamaggie Takes a Trade on $JD “JD looks intriguing; it’s just such a slow-moving stock. But I think, ah, you know what? It’s very low risk; it’s like a 60 cents you know. Risk on it’s pretty good. I’ll buy 30,000 shares through the highest of the day, just because I have a

One of the best parts about Qullamaggie's trading methods is getting knocked out of stocks I am not supposed to be in. $ONDS $METC $RGTI $ALAB Traded all of these in the last couple months. Now down 30-40%+ from closes below the 10. I am not marrying stocks. I am not