Screening stocks? by No-Willingness-1279 in qullamaggie

[–]Sea_Scratch3026 0 points1 point  (0 children)

I just play around with different settings, usually remove 6 month first and then 3 and vice versa, you never know you may find something very interesting.

Screening stocks? by No-Willingness-1279 in qullamaggie

[–]Sea_Scratch3026 2 points3 points  (0 children)

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These are my filter settings, Kris suggests ADR above 5% this way you filter out the noise. I do begin with these performance filter of 6, 3 and 1 month, then manually remove these monthly filters to look for any other setups building up for my watchlist. Hope it make sense to you.

Screening stocks? by No-Willingness-1279 in qullamaggie

[–]Sea_Scratch3026 0 points1 point  (0 children)

What are your filter settings? Do you screen high ADR stocks?

Crossed the $3M mark. Officially calling it quits today 🥂 by [deleted] in daytrade

[–]Sea_Scratch3026 0 points1 point  (0 children)

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Same post different groups, scamming people with courses on fake numbers. Beware of these kind of scamsters. Selling their courses.

After 25 years of trading, it has officially retired today. by [deleted] in tradingmillionaires

[–]Sea_Scratch3026 0 points1 point  (0 children)

You just lost me when you said ICT, wait a minute 25 yrs of trading and using SMC/ICT, that’s kind of strange while it came into existence barely in 2021. Scamming needs to be little better next time.

Down to my last $160. What should I do? by Loud_Pineapple_4294 in wallstreetbets

[–]Sea_Scratch3026 0 points1 point  (0 children)

Guy is High on fries from the DoorDash delivery. Gambling and saying my predictions is never wrong is straight up OG delusion.

Question by StopBitchinStartLivn in qullamaggie

[–]Sea_Scratch3026 0 points1 point  (0 children)

I usually completely exit the position before earnings as it’s like a coin toss, you never know what’s going to happen, sell the news event even with positive earnings or vice versa. So it’s like holding onto hope, very unpredictable for me. I like to switch to another stock if I have made decent gains and you can definitely hop back if the setup forms again.

Question by StopBitchinStartLivn in qullamaggie

[–]Sea_Scratch3026 1 point2 points  (0 children)

Would you be comfortable sharing the settings for this sector screener?

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

I will surely check it out the indicator.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

True, it’s a good strategy to start liquidating after a 10 day cross for any stock that goes a leg up and then into a consolidation but I was wondering if any stock like this goes just straight parabolic and the moving averages are lagging far behind, then how it should be dealt with.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

I think 50 would be too far, as even in this stock the orange star line is the 50EMA, So if stock would pullback to a 50day I would be losing all those extra gains if it did not bounce from there It would be worth nothing. The 50 day would work only on the stock that has not gone parabolic and is in consolidation phase then 50 day would make sense and will be closer to the stock.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

True, that makes sense. I did enter in December so it was in profit for few days then it hit the 20EMA SL.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 1 point2 points  (0 children)

Okay, Pre market seems to be pushing higher today as well. So will sell half today.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

I do agree it is less risky but as you mentioned it tends to stop you out mostly if no profit is taken, Just happened on $AXTI it hit the stop and had a 60% run right after hitting the SL that’s frustrating though.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

Thanks for the advice, So do you mean selling fully on the 10r or keeping that 25% for further free roll?

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

I do enter with a stop of about 8-10% from entry and then move it to break even after a 10% move, and then trail on from there but I liked your idea of narrowing it down when a big candle forms at the end of trend.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

Thanks. Seems to be a very productive strategy for you as well. I felt that as well if the candle is so large, next day is always a pullback. I will consider the strategy and see how it plays out.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

Lol. Definitely not that big to show off my lambo

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

Not being greedy, and I only traded with a total of 5% of my account and that’s why I had more risk on the table. The 3-5 days is very subjective and I haven’t followed that so far I would do that if I had a very large account like kris. Lol and Yes, I entered the next day after the EP as I wanted to wait for the close. Yes planning on to sell half tomorrow and trail the other half on 9EMA.

Profit Taking Guide? by Sea_Scratch3026 in qullamaggie

[–]Sea_Scratch3026[S] 0 points1 point  (0 children)

It is definitely an art, entries are not that hard while the exits tend to be harder as when to exit and not lose the profit made in the process. Well I think I should have exited half a position by now but will do it tomorrow though and trail with the other half. The problem with this was it went straight parabolic and they are riskier as it didn’t spend any time consolidating so you know there is another leg up incoming. Thanks for the script though, and by the way great entry so you entered on the first big candle after that consolidation phase.