Kris Kullamagi Breakout Setups

[Specterx]

268% CAGR over 5 years trading shares?

That's amateur hour, Mark Minervini claimed those numbers in just the first 7 months of 2021.

 

[SunTrader]

For random trivia, the surname Kullamägi is Estonian, translating to "gold mountain".

Must be why he doesn't understand the word literally. A stock can not literally yell at you.

He's yet a bull market genius too.

 

[fan27]

Must be why he doesn't understand the word literally. A stock can not literally yell at you.

He's yet a bull market genius too.

Glad to see you watched the video

 

[fan27]

If there is no public proof he made millions ... why say he did?

Just say the guy's work looks interesting and thought others may as well.

I have no reason to believe he has not done what he claims. Others are free to draw their own conclusions.

 

[taowave]

Roaring Kitty was up as much as 50 mil in GME..

David Ryan is supposedly up close to 1400% the last 3 years

I wouldn't bet against Kullamagie being up some insane amount in this kind of market...

There is no proof that he has made the returns that he claims to make.

 

[SunTrader]

I have no reason to believe he has not done what he claims. Others are free to draw their own conclusions.

Glad to see point went right over your head.

 

[PursuitOfEdge]

Interesting to see that you seem to have made breakouts work to that extent, i have spent considerable amount of time on automating something similar but never achieved anything close to that. Out of curiosity, would you say the profitability/returns comes from your pre selection process (i assume something similar to minervini scan rt) of tradable universe, or the setup condition or the the exits ?

Thanks

I'm glad you watched my YouTube video on the Minervini scan in RealTest. I hope you enjoyed the free content. Would you like to buy my course? It's only $997.

In all seriousness, I've spent 1000s of hours on each individual strategy I actually run. It might take some more time. That said, I've found this style of breakout trading to be mostly a small-cap anomaly. The edge seems to break down at larger size and with larger names. For example, with big liquid Nasdaq 100/S&P 500/Russell 1000 stocks that someone would trade with a huge account, it's almost better to just hold them long-term than trade them like this. The setup condition is pretty simple and generic, similar to what Qullamaggie uses, some moving averages and a volatility contraction. But I would say my exit condition is particularly clever.

 

[deaddog]

Hard to believe but a hell of a scam if you can convince people who should be doing due diligence before doing their reviews and interviews.

KRISTJAN QULLAMAGGIE - Multi Millionaire Stock Trader discloses his winning strategy. - YouTube

Breakouts, Home Runs & Exponential Returns · Kristjan Kullamägi - YouTube

 

[Overnight]

Guys, y'all do realize that Youtube is now an income stream? The more clicks, likes and subscribes they get, the faster they can then monetize. Stop feeding the monkey!

 

[deaddog]

Guys, y'all do realize that Youtube is now an income stream? The more clicks, likes and subscribes they get, the faster they can then monetize. Stop feeding the monkey!

This from a guy who says

It is an extra later of communication. An added dimension of depth, if you will. At least for me.

At least it pertains to the subject.