Swing trader ….. $9K to $80M in 8 years

My guess is that many YouTube trading influencers have egos that love attention, admiration, importance, etc.

Deep down they’re probably not happy with their own lives or their own trading performances.

What always makes me laugh is how people promote the dollar amounts (eg. “turned $9,100 into over $80,000,000”), while in the real world (most) traders track their performance in R/R units, expectancies, etc, knowing that percentage size of their returns (and drawdowns) is a function of position sizing (and the frequency of trade opportunities).

One rare example of genuine trader who tells you how it really is in the real world is:

Hello PPC,

Whoever this guy is in the video is a Scammer and Liar.

How I know he a scammer and liar, because he talk for 23 minutes and never showed a track record to prove his trading theories.

All trading theories is lies if not track record to prove the trading theory is the Truth.

Another youtube scammer.
 
I was just saying that Kristjan Qullamaggie is scammer and liar. He never made $80 million dollars, cause he never proved to me he made $80,000 million dollars.

He doesn't need to prove anything to you, the proof is in public tax records. If you think someone showing you some broker website with numbers is proof then you're gullible, it's very easily faked. So your claim is that he somehow got $80 million and paid taxes on it just to convince you. Right.
 
Hello Laissez Faire,

ET forum is awesome, I love it here, made me an excellent trader of the ES and NQ market.

I was just saying that Kristjan Qullamaggie is scammer and liar. He never made $80 million dollars, cause he never proved to me he made $80,000 million dollars.

If that the case, I made $500,000 trading today in the ES and NQ futures market. Now go subscribe to my website, so at a time = t, I can eventually sale you something.
My friend... You praise idiots like quanto and think real traders like this man are scammers... Not very promising.

Check comagnum link, as he said, these info are public in Sweden.
That link shows him as earning 30mil in 2021 if Google translated it correctly.
 
amazing that 13MM USD gets you on the top 100 in Sweden. I don't think it would get you on the top 100 in boston, NY, San Fran, or even Austin. I suspect, there are condo buildings in Miami where no resident makes less than 13MM/year.
All of Sweden population is 10mil, average salary 40k.

When compared, maybe it's for the same reasons that they probably have lower rate of homeless and poor people.

I hear that you are kind of poor in NY with 100k salary and can barely rent a flat.

I guess it's all relative.
 
For the record Kullamagi said his account was over 100m for 3 days in nov 2021. I listened to his Twitch stream religiously for the last 2 years he streamed and he never struck me as the type person to make wild,false claims. The bear market of 2022 was rough for him and he finally threw in the towel and quit streaming around june of that year.
 
There's a YouTube vid of Quallamaggie losing over a Million dollars coz he was too busy answering questions and he pressed the wrong button while trading and talking.


There's a song for you, about you, maybe..


You're a dumb-ass. See the red rectangles...


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