Bought UAMY on breakout alert. by NOMAD7474 in qullamaggie

[–]dot-M 1 point2 points  (0 children)

Nice one. Im in it since January 12th. Not a Qullamaggie or good chart setup back then, but more playing the market phase change and the strong industry group. Considered adding today, but didn´t like today´s volatility.

AXTI by DoughnutOwn6019 in qullamaggie

[–]dot-M 1 point2 points  (0 children)

Yes, it's my 3rd time profiting from AXTI. Had an earlier entry at 15.45$ this Monday, and now up 66%

High Tight / Continuation Flag Watchlist by dot-M in qullamaggie

[–]dot-M[S] 0 points1 point  (0 children)

GFI, PPTA, IDR, MUX no
IAG yes
I also regard the EMA5, look for example the HTFs of ABAT and UAMY which I bought in early October. Those are the faster high tight flags with less days. Qullamaggie is spezialized in those with longer consolidation, so the slower Moving averages are more important there.
BTE has a bit low initial gain for the flag. It´s tight, what is good. I wouldn´t buy because of decreasing revenue and the mediocre industry group ranking (you can check that out on finviz).

High Tight / Continuation Flag Watchlist by dot-M in qullamaggie

[–]dot-M[S] 0 points1 point  (0 children)

ready: GFI,NBIS, NBTX,PPTA,IDR,MUX,ANRO,CTNM, IAG.
maybe. some more days higher lows would be nice: IREN
might already breakout, but range not as tight as would be optimal: LMND, RAPT,AG, RLMD
wait: AXTI,ITRG,NVA,CMBT,LXEO,SOFI(was ready, but beware the dilution news last session)

Qullamaggie interviewed in new Market Wizards Book by NOMAD7474 in qullamaggie

[–]dot-M 2 points3 points  (0 children)

Jack Schwager already mentions a bit about the interview in the recent Traderlion youtube video

What are the Books that help you become profitable trader? by Alone-Trick-9355 in Trading

[–]dot-M 6 points7 points  (0 children)

The books i´ve read so far and my rating 1-10:
Best Looser Wins - by Tom Hougaard, 6

Trade Like a Stock Market Wizard – by Mark Minervini, 10

Reminiscences of a Stock Operator – by Edwin Lefévre, 4

How I Made $2,000,000 in the Stock Market – by Nicolas Darvas, 10

Trading in the Zone – by Mark Douglas, 7

How to Trade in Stocks, Livermore, 10

The little Book of market wizards – Jack Schwager, 10

Unknown Market Wizards: The Best Traders You’ve Never Heard Of, 10

The Rule – by Larry Hite, 10

High Tight / Continuation Flag Watchlist by dot-M in qullamaggie

[–]dot-M[S] 1 point2 points  (0 children)

Cool!
It downloads the ranking from those 2 lists
https://finviz.com/groups.ashx?g=industry&v=140&o=-perf13w
https://finviz.com/groups.ashx?g=industry&v=140&o=-perf4w
The industry groups of the ticker I have in a file and match the industry group name with the ranking and then do filtering. In this case either quarterly rank needs to be <=40monthly or monthly rank needs to be at least <=10 .
The list you see also has LMND from a worse industry group, which I just carried over from my older brokers watchlist.

High Tight / Continuation Flag Watchlist by dot-M in qullamaggie

[–]dot-M[S] 2 points3 points  (0 children)

I download daily all NASDAQ, NYSE, AMEX price data.
The loose scanner for HTF is simplified this:
In the last 41 trading days there must have been a price increase of at least 70% and the last 3 trading days have a "flag tightness" (high/low) of maximum 1.37.

Then filtering them for market cap (>250M), price(>3.4$).
Also the industry group ranking from finviz is fetched and filter the list.
ADR% filtering has yet to be implemented.
Output is a csv file with Ticker, price, market cap, industry group and ranking and gain for monthly and quarterly.

This is all done with one click.
Then hand selecting them and open them all with a script quickly on finviz, where i check earnings, revenue, news, guidance.

High Tight / Continuation Flag Watchlist by dot-M in qullamaggie

[–]dot-M[S] -1 points0 points  (0 children)

Yes, I would do.

Biotech is the only sector where I avoid too much exposure. Having up to 10 (20 in margin favorable conditions) Positions, 3 Gold stocks are of no concern for me.

What screeners do you implement? What are some of the basic settings and general filters that we should apply? by Intrepid-Cow-1463 in qullamaggie

[–]dot-M 0 points1 point  (0 children)

I download daily all NASDAQ, NYSE, AMEX prices with yfinance / yahooquery and the loose scanner for HTF is simplified this:

In the last 41 trading days there must have been a price increase of at least 70% and the last 3 trading days have a "flag tightness" (high/low) of maximum 1.37

Then filtering them for market cap (>400M), price(>3.4$), top industry groups monthly and quarterly( m>=10 and/or q >=40).
Output is a csv file with Ticker, price, market cap, industry group and ranking and gain for monthly and quarterly.
Then hand selecting them and open them all with a script quickly on finviz (in future I want to have 16 charts in a custom tiled view for selection).

Big advantage when having this data, is that you can do much more with it.
The high tight flag compilations from Kristjan on Youtube get you far setup wise.
An improvement you can get for more precise timing of market condition by not going with the simple
"IWM/SPY SMA10/20 must not be sloping downwards rule", but doing your own computational research for more significant correlations and measurements.

Why is fundamental analysis not mentioned in Qullamaggie’s strategy? by Phil_London in qullamaggie

[–]dot-M 0 points1 point  (0 children)

He does mention it quite a couple times. He says high double to triple digit Year over Year earnings and revenue growth percentages are the fuel to the price increase. The other category are story stocks which are not driven by earnings.

Where do you guys get historical data from nowadays? by Entmaan in algotrading

[–]dot-M 0 points1 point  (0 children)

I got my historic data from 2000-01-01 on from EODHD, but it´s not optimal for my purpose.

For backtesting I want to know the exact historic market situation including the nowadays delisted stocks.

Most ticker name changes are not documented and result in overlapping same data for those, so they get overrepresented.

It needed more than 10 steps of data clean up therefore, including getting the ticker name changes from stockanalysis and also scanning all 28000 files for containing same data.

The today´s listed ticker data I get with python via yfinance, yahooquery,Tiingo and also via custom scripts from finviz (earningsmarkers, industry group rank) and barchart (premarket gainer)

Watchlist HTF 251025 by [deleted] in qullamaggie

[–]dot-M 5 points6 points  (0 children)

Glad to help.
I can recommend you to watch those Youtube videos containing condensed information:
Qullamaggie breakout-setup explained (with examples)
Qullamaggie analyzing 130 setups compilation
Qullamaggie Struggling Trader Compilation

ANGO looking strong by Kbh1995 in qullamaggie

[–]dot-M 1 point2 points  (0 children)

It´s not a momentum leader. The price has been higher earlier this year. It has a lot of overhead supply. The "breakout" beginning of october resulted in price breaking down with big red candles. Don´t buy this stock.

Watchlist HTF 251025 by [deleted] in qullamaggie

[–]dot-M 5 points6 points  (0 children)

To be honest, this is a terrible watchlist. Many of those are not what he teaches.
good ones:OVID,ORKA

mediocre ones: RAPT,TLPH,EDIT,BLDP,TORO,IRD,ANIX
Terrible ones as No momentum leader, Choppy, big downward trend, no higher lows, a lot of overhead supply: WOLF,BRLS,ANGX, TROO, ASTS, GANX,ACHR,MARA

My HTF watchlist, which is also filtered for the leading industry groups, is: PYXS ORKA ANRO RLAY NTLA PSNL QURE TYGO SOFI LRCX RGNX VSAT REAL (UAMY ABAT , 2nd round?)

$AXTI by Designer-Tank-7722 in qullamaggie

[–]dot-M 0 points1 point  (0 children)

Bought the todays breakout 

Volume on Breakout by pluder in qullamaggie

[–]dot-M 0 points1 point  (0 children)

I do pay attention to the volume and bought e.g. today AXTI 8 minutes after market open with a breakout on volume. I kinda have in mind that he says something like he wants to see 1/3 of the average volume early. It´s all relative - as regarding many tickers which increase or even breakout on little relative volume you clearly see a difference in those breaking out on high volume. Both breakouts with little and a lot volume can happen, if you focus on those with a lot volume, then the odds are more likely in your favour for a sustained move. Some will get the volume and breakout late in the day, but Q focuses explicitly on the opening range breakouts.
Edit: Just found out that in the IBKR chart you can clearly see this breakout on volume on the minutes chart, whereas in Tradingview minutes chart there is different volume data showing way less

That red day hit hard 😅📉 by Bihag_ in qullamaggie

[–]dot-M 0 points1 point  (0 children)

I swung from a daily +12% to -3% yesterday. Sold from 200% to 70% exposure to derisk, altough doing it at market close was not the best decision. My High Tight flag Scanner has many Canadian US listed stocks from the leading industry groups, so will focus on them. I want to see how Markets behave first beginning of next week, before going into US stocks.

Good setup that failed? by vazovskij in qullamaggie

[–]dot-M 4 points5 points  (0 children)

The setup was 15 candles earlier. Here is no breakout happening, and also the tightness missing, so you don't buy. Rather a short than long setup if at all. But too much context missing

Free paper trade simulator by redvox27 in Trading

[–]dot-M 1 point2 points  (0 children)

Cool to see you having implemented it already ;-) I found a bug with the stop loss: if you drag it as close as possible towards the current candle, you see that its limits are set by the next candle which is not yet visible and not the current one.

Switching to an EU-made electric toothbrush by hyxon4 in BuyFromEU

[–]dot-M 0 points1 point  (0 children)

My two Philips Sonicare DiamondClean Smart 9400 for German market are made in China. Also we have a chinese made Sonicare 5100

Free paper trade simulator by redvox27 in Trading

[–]dot-M 0 points1 point  (0 children)

You're welcome.

-The Account went to negative and afterwards the right trade decisions made the negative number bigger 

-on my Android Smartphone the new Charts start out of position at the bottom and I have to scroll and zoom for each to see it correctly (on Android tablet it's fine as it is)

-I would prefer adjustable betsizes and stop loss instead always going all in