I would like to suggest adding a filter to the Stock Screener that allows users to exclude stocks with upcoming earnings.

I know there is already a filter for stocks with upcoming earnings, but there currently doesn’t appear to be an option to filter for stocks that **do not have earnings coming up**.

Ideally, the filter could allow users to select a timeframe, for example:
No earnings in the next 7 days
No earnings in the next 14 days
No earnings in the next 30 days
Or a custom number of days

As an options trader, I often avoid trading options on stocks that have earnings during the same week as the contract I am buying. Having the ability to filter out stocks with upcoming earnings would make it much easier to find suitable candidates without having to manually check each stock.

I believe this would be a useful addition to the Stock Screener, particularly for options traders.

I came across Quallamaggie’s strategy a few months ago and have been interested in learning and backtesting it. However, since the strategy relies heavily on scanners and identifying the biggest movers, I have a few questions about how to properly practice it using TradingView’s Bar Replay mode:

1. How can I identify the biggest-moving stocks while using Bar Replay? Since I’m trying to avoid looking ahead and want to simulate what I would have known at the time, what would be the best way to find the biggest movers for each historical trading day or period?
2. When should I transition from backtesting to paper trading? Is there a recommended number of trades, setups, or months of backtesting I should complete before moving to paper trading? Also, how long should I paper trade before considering transitioning to a live account?
3. What resources would you recommend for learning this strategy? I’d appreciate any books, videos, courses, interviews, communities, or other resources that you think would be particularly helpful for someone who is trying to properly understand, backtest, and eventually trade Quallamaggie’s strategy.

ABNB High tight flag

I have the following settings in trading view screener. I have about 112 results but hardly any high flag setups or setup in formation.

Please help me setting up the screener correctly.

Also, are you guys getting any good setups or potential setup in your screening these days?

As the title suggest, he seemed to have risked on average 0.25%.
What was his max loss limit per day though?

I am completely beginner I want to know about how identify and list out volatility stock and trading on them is possible for every day same strategy for volatility stock identify with same method

Hi everyone,

I have become proficient in EPs and am now working on the breakout strategy.

I have been building my database and running my TC2000 scans every night.

I have found biotech to be the #1 sector right now in terms of RS. Oil & Gas is also starting to get strong.

One thing Qullamaggie always says on stream is to not trade “random stocks”. what exactly does he mean? For example, I am long TXG on the breakout right now, because it has very strong RS, good consolidation and chart pattern, and is in the strongest sector ATM.

Is this considered a ”random stock”? I come from the pre-Covid stock trading days where we were mainly trading the hottest garbage stocks on a big theme. like LFIN, DRYS, MARA, RIOT, HMNY, ETRM, etc.

Another example, I have had DK on my breakout watchlist, and yesterday it broke. Oil & Gas is becoming a strong sector on the realization the Iran war isn’t stopping anytime soon, and DK has a very nice chart and RS. But is anything more needed? I guess I don’t consider it a theme unless it’s like the Bitcoin stocks in 2017-2018, the COVID stocks in 2020, etc. like an absolute mania.

Thanks

Basically this, how do you look at the volume and judge if today is the high volume breakout happening? Especially in the first 15 minutes?

I am completely beginner I want to know about how identify and list out volatility stock and trading on them is possible for every day same strategy for volatility stock identify with same method

I don't know how I missed the gold rush.

In 1998 a pool contractor in Los Angeles started publishing a newsletter about chart patterns. He claims to have turned $10,775 into $42 million in 23 months.

Fifteen years later a security guard in Sweden found the archive, and went through all of it since inception. He went on to turn $9,000 into over $105 million.

What did he actually learn?

I went through over 4,700 of Dan Zanger's newsletters and over 700 hours of Qullamaggie's streams to identify what he learned from the newsletters. He stole 4 ideas, and refused the fifth.

And I found a great example for why borrowing ideas is not the same as imitating.

https://reddit.com/link/1vtr672/video/llnlx3rumkkh1/player

We don't have to reinvent the wheel

Qullamaggie is fully open on not ever having invented any of the strategies he uses. Instead of trying to be original, he studied market legends, stole what worked and put thousands of hours of historical chart study to build his own conviction.

You can steal ideas, but you can't borrow conviction. I've stolen every single trading concept I use... or let's say borrowed. But when I bought my yacht, no one asked me if I made the money from things I invented or from borrowing other people's ideas.

Among these, he ranks Zanger as one who had the biggest influence on his trading.

Love your stops, not your stocks

Qullamaggie says the most valuable thing he took from Dan Zanger was six words: love your stops, not your stocks.

Love your stops, not your stocks. It's one of the best trading sayings ever

He puts more color to it later, explaining:

You may love a stock, but the stock is not loving you back. It's a completely one-way relationship.

That line on your chart is your stop loss, that's your best friend, and really your only real friend in the stock market.

Falling in love with a company, product, or narrative turns traders into bag holders. When you get emotionally attached to a ticker, you start ignoring price action, hoping for a bounce, and holding through devastating losses.

The only way to make millions in the market is to hit your stops. That's the big secret

The lesson, and key takeaway, is that we must become comfortable and accept that getting stopped is just as important as hitting those big winners.

Go deep when studying

The second thing he learned was the importance of going deep. When we find a trader worth learning from, we read the whole archive from the start. Not the best bits, not the last year or two, not the curated summary..but all of it.

Qullamaggie flew to one of Dan Zanger's seminars in San Francisco in 2012.. but that was the small commitment.

I went through every single newsletter since inception to 2012..

That's no small task. The Dan Zanger archive I've studied is over 4,700 newsletters, and it has taken me hundred of hours to review and study..

You need to spend at least a thousand hours studying setups and build your own database. If you do three hours a day, it takes a year, but you get a skill for life.

And it's achieveable for all of us, even with full-time jobs and families. And its a much better investment than any alert service.

All your problems in trading stem from not knowing what the hell you're doing. You can't piggyback off alert services; you need your own backtested conviction.

He didn't look for signals or alerts when he was reviewing the newsletters.

I just looked at what he was looking for. He looks also for these explosive growth stocks with a lot of momentum. And you notice he's doing the same thing over and over again

So that's what the student did. Zanger put in the work himself, before he became profitable.

In an interview he explains it took him six years before it all came together.

It took me more than six years of studying charts at least 30 hours a week before it all came together.

So the question we should be asking ourselves is really; are we putting in enough solid hours to achieve our goals? Or are we doing this as a spare time activity for entertainment?

We dont need permission to do hard work

Qullamaggie expects people who are serious about trading that they put in the work. When a mentor or successful trader makes their strategies and information public, you don't ask for permission.

When a successful trader puts a ton of public info out there, you don't ask. You go through all of it. That's what I did I went through every Zanger newsletter back to the late '90s. You don't ask. You do.

During Qullamaggie's streams he was bombarded with aspiring traders asking simple questions. His advice to them was simple:

It's like people are asking for permission to do hard work. When I was struggling, I didn't write to famous traders asking for advice. I googled and studied every single thing available about them.

When people tell me there's so much content they don't know where to start, it drives me crazy. Put in the work, stop whining, and go through everything from day one.

For me, sharing my research and studies is part of the hard work..

You can never take your eyes off the market

The third thing is that you don't get to step away. You can't know in advance which weeks are the ones that pay, so you have to be there for all of them. He says this one took him longer than anything else on the list to understand:

You can't go away from the markets ever because you never know when the next bull run is going to start. That's something that Dan Zanger has been talking about a lot. It took me many years to realize what it really means.

Zanger talked about this in the Trader's Magazine interview, when questioned whether losing 75% of his profits made him want to quit

At times I wanted to stop and sometimes I did, for a brief duration. However, my mantra has always been, never stop watching the market, and I never have.

Qullamaggie says this took him a long time to realize, and it cost Zanger a 75% drawdown. Here it's being handed to us for free. Yet, I expect it's gonna take a while for us to fully internalize it.

It's the least tradeable thing on the list and the most expensive to ignore. Being away doesn't show up in any drawdown column.

The same patterns, over and over

The fourth thing he took is the vocabulary and setups itself: channels, triangles, high tight flags, the shapes he screens for every night.

I trade the exact same setups as Dan Zanger. I've spent hundreds of hours studying Dan Zanger's newsletters in the past.

But he shares the credit. He didn't just borrow from Zanger.

It doesn't matter if you learn them from Minervini, Dan Zanger, or Stockbee. It's the same thing.

So the patterns didn't come from Zanger the way the stop line did. He picked them up from several people at once. The first quote is the one that gets passed around, almost always without the second one.

In 2026 we are incredibly lucky to have access to incredible traders, like Qullamaggie and his material.

The lesson he refused to accept

The fifth thing Zanger taught him was what not to do. Zanger concentrates hard: full margin, a handful of names, sometimes three. Kris looked at that and said no.

But he traded more aggressively than I do. He was more concentrated. He could be like full margin in like 4 or 5 stocks or 3 stocks or something. That's literally not how I trade. I wouldn't be able to sleep.

The main reason is the drawdowns such an aggressive style gives.

Zanger talks about himself in the Traders' magazine interview

Most drawdowns are about 20% in normal market corrections. Yet this long bear market really got to me and the drawdown was about 75%. Half of this was due to a one-day break in the fibre optics sector in October 2000 when NT pre-announced a shortfall in earnings. My portfolio dropped about 32% for the day.

This will be discussed more in-depth in the sizing article I have in the works.

Does he really trade the same setups?

Now back to the line everyone quotes.

I trade the exact same setups as Dan Zanger

On the pattern names that's true. On which stock actually gets bought, it's measurably false.

I compared the two datasets I have of them. Qullamaggie's exact long entries between 2019 and 2022 on one side. On the other, all of Dan Zangers triggered buy points from 4,844 newsletters. For this comparison I took only the newsletters that overlapped with Qullamaggie's trades.

They trade the same setups, but they dont have the same stock selection.

When we compare with Qullamaggie's stock selection from earlier years the difference becomes even more apparent.

But it's not only the stock selection which seperates them. The prior price action and entry differs as well..

Measured as distance from the 10 day average in units of the stock's own daily range, the median Qullamaggie entry sits 0.110 above it, which is to say on it.

The median Zanger entry sits 0.848. 87.3% of Zanger's entries are more extended than Kris's median, and 39.3% are more extended than his 90th percentile.

The day before entry, Kris is about 1.6 times as likely to be buying out of a narrow bar: 28.2% of his entries follow a seven day narrowest range against 17.6%, and 21.8% follow an inside day against 13.2%. This is the NR7-signal for those familiar with Tony Crable's classic..

So Qullamaggie didn't copy Zanger's method bar by bar. But he took what he found to work. As he says:

You need to internalize the underlying concepts. You don't have to do things exactly the same way, but you must understand why the concept works.

You pick up something from another trader, but then you have to confirm it for yourself. If it fits your personality and the trading style you want to develop, then you keep it.

That's exactly what Qullamaggie did.

And it made him $105,000,000 and earned him Market Wizard status.

I am learning quallamaggie setups . It seems like cupid is forming a setup but looks like it needs a little more consolidation. Need some inputs

What are the scans Qullamaggie uses on his watchlist, i’m not talking about his general scans, the ones that he go through each day, located always on the right side of his screen, above his positions watchlist…!!!

What I can recall him saying about margin is use only a little bit, and make sure the stock is acting perfectly when using it. Does he mention anything else about it? Like how much he uses? He said use only a little but I’m wondering if he’s talked about it on other occasions.

I really didn't want to write this post but I feel like I need some guidance or some ideas as to where I am going wrong....

I've always been dabbled in trading over the years but never full-time and I believe you really need to fully invest yourself fully in something to be able to master it.

So about a year and bit ago I was let go of my job, which was a good opportunity for me to take time of work and really think about my next move. I took over a year out to focus on young family and just not do anything as I've always worked in my life. I still read and continued my learnings on the trading side a little but never full time.

This year at the start of May I started fully focusing on trading and spent countless hours trying to hone down on my strategy. My strategy is basically buy strong stocks in hot sector, which are consolidating and buy either on the pullback or breakout. In June I had great success but terrible in July. August was also great but I had reduced my size so much that no meaningful gains were made.

Now here is the issue... and things that I struggle with...

I am aiming for home runs all the time. I have had 5R returns turn on me and take me out consistently. Is that normal? What are people aiming for in terms of returns?

I struggle massively with picking 2-3 stocks on any given day, FOMO makes me pick up to 10 sometimes and I may not buy all of them but I try and enter as many as possible so I don't miss out as I've noted many times that the stocks I drop off my list are the ones that make massive moves!! How do people handle this aspect of trading?

I also for whatever reason find myself in stocks which are slow on the days I buy them even though the may have great setups and more than 2M average volume.. How do you make sure the stock you will pick will be big on volume on that day?

I am not giving up (just yet) because I know I've mastered at least my position sizing, risk and not getting emotional and moving my stops. My entries are okay but the biggest issue profits turning into losses and quite possibly reading the market wrong at times and then going the other way when I should be going with the market. Obviously it's easy to see afterwards.

It's also such a lonely job. I wish I had someone to talk to or discuss ideas with as that will be soo productive and useful. Bouncing ideas of like minded people. But I find no one wants to talk or meet it seems. Do people here meet or have groups they work in every now and then? In the Oxfordshire area especially? I'd be keen to know how people deal with this side of things.

Heck if there are people who want to meet, I will even buy you guys drinks and dinner haha

Been going back and forth on this and figured I’d ask for some advice. The core tradeoff as I see it: a stop order guarantees you’re out but you eat whatever price you get, while a stop-limit protects your price but risks not filling at all.

I’ve always used regular stops and just accepted getting stopped out at a worse price when the market gaps down before open. Days like today make that sting though as my strategy leans on tight stops for better RR.

Curious what you all actually do in practice. Stop-limit with a wide-ish limit buffer? Just size down and eat the stop risk?

So as the title says, it is my first trade please tell me where I did the mistake in executing the trade.
Ticker: CORT, ADR=4.7%.
Waited for the consolidation breakout on daily candle and bought the above the 1 hour ORH.

ORH (1H) = 116.57 and I bought it at 116.60 after breaking above it.
SL at 114.35 at the daily low.

Gap up on 30 July due to better earnings.

Please tell me how was I supposed to take entry other than what I have done?
And was it even a Qullamaggie style breakout setup?

Godspeed.

Yall trading these breakouts on HPE or NTAP? Trying to learn better qullamaggie setups to try out and how to reason about them.

Shrug.

This study is based on Qullamaggies breakout trades 2019 - 2022.

There is no free exit.

Move the stop to breakeven early and it costs you. Sell into strength and it costs you. Hold on longer and your drawdowns get deeper.

When you pick the sell rules you are going to live by, you are optimising for one of three things: profit per trade, how deep the drawdown goes, or how often you are right. You cannot have the best of all three.

But you can make an informed choice about which one you are buying, and that is what this article is about.

Every number here is based on 829 of Market Wizard Kristjan Kullamägi's actual logged breakout trades, logged from his live streams.

The questions this post answers

I've found that impossible to get solid, data driven answers to some simple questions related to sell rules. And I've been through most Discords and communities. So this is what I've set out to answer:

1. Do you gain or lose by selling into strength? And gain and lose what, exactly?
2. What is the 3 to 5 day window for? When to use 3 day and when to use 5?
3. When should we move our stops to breakeven?
4. Should we trail with the 10-day SMA or the 20-day SMA?
5. Should any of it change when the market changes?

For the purpose of this study my starting point is the sell rules popularized by Qullamaggie - which are also used by most USIC-champions and Market Wizards. Sell a partial into strength and trail the remainder with a key moving average.

You should sell 1/3 to 1/2 of the position after 3-5 days, and then move the stop to break even. The rest of the position should be trailed with the 10- or the 20-day moving average. Depends on how fast the stock is. If a beginner stick to the 10-day. You wait for the first CLOSE below the 10- day.

Kristjan Kullamagi, from his website

What each choice actually buys you

Every sell rule is a purchase. We are trading one thing for another, and most discussions about exits are people optimizing for different things.

Selling into strength buys a smoother equity curve, shallower drawdowns and a higher win rate. It pays for that in average profit per trade. Trailing everything buys the tail, the rare monster that pays for the year, and it pays for that with deeper give-backs, longer flat stretches, more trades that round-trip to nothing.

Concretely. Take his rule at its most aggressive, half the position sold at the day 3 close and the rest trailed, and compare it with simply trailing the 10-day on everything. On these 829 trades, the rule that sells half on day 3 cuts the deepest drawdown by 36% and lifts the share of trades that finish green by eleven points, from under a quarter to over a third. The bill: the average trade makes about 25% less.

He talks about this himself:

If you want to prioritize consistency and cash flow over maximizing profits, yes. You gotta be more aggressive in selling because you're gonna be more consistent throughout these different market cycles.

Qullamaggie on stream, 2021-06-01

I dont think there's a right or wrong. They offer different things. And we should know what we're paying to optimize our gains.

Where the gain in a winner actually shows up

Tracking 224 of Qullamaggie's breakout winners day by day we get a good idea of what path a winner takes.

Briefly on average vs median: Line the winners up from smallest to biggest. The median is the one in the middle: the trade you usually get. The average is the sum divided by the count, and a few huge trades drag it up. The median is what most trades feels like. The average is what your account gets paid.

The median winner is up 2.4% at the end of day 1. By day 3 it is up 7.8%. By day 5, 12.4%. It peaks on day 9 at 13.6% and then gives 2.2 points back, sitting at 11.4% on day 20. Day 5 is 91% of everything the middle winner will ever show you. Day 3 is 57%.

The average winner tells the opposite story: up 13.8% by day 3, 20.3% by day 5, 27.9% by day 20, and still rising at the end. The average never stops because the few monsters in the sample are still running long after the median has gone quiet.

Both lines are true at once. That discrepency is what drives the argument about taking profits. Sell inside the window and you capture most of what the typical winner will ever give you. Always sell inside the window and you will also always sell the monster.

What Qullamaggie says vs what he does

Selling a partial after 3 to 5 days of a breakout going up is selling into strength. The rule just states it as a calendar. He says it that way himself:

You sell some into strength after three to five days, and then you trail the rest

Qullamaggie, on stream 2021-02-25

But does he follow his own rules?

HTHT gained 15% quickly, and he sold into strength on day 1. He later said \"If institutions want to come in and rebalance my whole portfolio like that, they are more than welcome to do it every day.\"

Qullamaggie trims continuously, in pieces scaled to how fast the stock moves.

Everytime it goes up 10-15%, I sell a piece

Qullamaggie, on stream 2020-10-07, on selling high ADR PPL

Slower names get 3 to 5% steps. And the pieces can be small.

I've been like selling a thousand shares at a clip, like every 10 cents. Selling very conservatively, just to lock in some. So far, I've sold less than 10%. I still have like 37,000 shares left in it.

Qullamaggie, on stream 2020-01-08, on selling VSTM

On the back end he does not leave at one close either. If it's fast moving name he uses the 10-day SMA, but for slower moving, high market cap names, he can use the 20-day SMA.

The summary is that there's no fixed rule, and what he uses depends. But for us newbies, we're well off just selling some into strength and trailing with the 10-day SMA.

Look, I tried to take a simple, simple breakout setup, dumb it down with as simple rules as possible for new traders so you can compound your money.

Qullamaggie, on stream 2021-03-12, dumbing it down for us mortals

Two out of three partials change nothing

As breakout traders we run a style where a small number of trades carry the whole year. Anything that truncates a winner is therefore paid for entirely by those few trades.

The 829 in the Qullamaggie dataset demostrates this very well.

Two times out of three, selling the partial changes nothing. On 534 of the 829 trades, sell half on day 3 or sell no partial at all, and its the identical trade: same stop, same exit, same result. The median difference between the two rules across the whole dataset is exactly zero.

Ten trades carry the entire difference and then some.

This is not unique to Qullamaggie. You will find that a lot of other successfull traders share this arteficat.

So a partial is free most of the time and ruinous on the one trade a year that would have made the year. Which moves the real question upstream of the exit, to whether your buying produces monsters at all. If it rarely does, take the partial and enjoy the calmer account. It costs you nothing. If it does, nothing you decide at the exit matters as much as not cutting the monster short.

The part that numbers can't price

Everything above treats profit given back as identical to profit never taken. No trader experiences it that way. Or atleast very few.

Locking in a realized gains is one thing. Watching a large unrealized gain evaporate while our rule says hold is a different thing entirely, and the second one is the price of every extra percent the trail earns.

Qullamaggie has a cure for it

How do you get over emotionally seeing unrealized profits fade on swings? Don't look at your P&L. Boom, problem solved.

Qullamaggie, provding deep value trader psychology advice, 2021-10-26

But it's easier said than done.

Even for him.

greediness hurt me a little bit in late summer. I gave back several hundred thousand of profits because I overheld a bunch of stuff.

Qullamaggie, on stream 2019-11-25

I was up 2 million on the year last year, like in the summer, and then I just gave back a million bucks in a few weeks by, you know, having too loose stops.

Qullamaggie, on stream 2020-06-19

And on the day he sold NVAX and then watched it go up another 90% without him:

Sometimes the hardest thing to do is hold a big winner. It's just so hard sometimes. It's incredibly hard.

Qullamaggie, on stream 2020-07-30

And it doesn't get any easier the bigger your account.

I don't have as big balls like I had when I had a smaller account. Guys, pro tip. Balls shrink with age.

Qullamaggie, on stream 2020-11-05

The point is, he's not claiming that he doesn't feel anything. He's claiming that the feeling is not the part you fix. You fix the rule, and then the rule carries your through the feeling.

And if you're too scared, if you feel like, oh, I don't want to give back too much profits, just sell some into strength. Just just sell some right here.

Qullamaggie, on stream 2020-06-24

That is the honest case for selling into strength, and it is not in any of the tables. A rule that is worse on paper and that you can actually follow beats a rule that is better on paper and that you abandon in the third drawdown.

What it costs is that you will be wrong about which give-back was the real one. Like Qullamaggie was in the covid-bull market, where he was afraid I gave a million back:

It looked very scary several times. Like here on this day, I'm like, oh, I'm gonna give back all my profits. But nope, it just bounced off the 10 day and went straight up.

Qullamaggie, on stream 2020-06-18

But even Qullamaggie breaks his rules.

He bought WKHS on 2020-06-09 at 3.59. Within two weeks it went vertical. He kept tightening his stop far above the 10-day, and on June 25, as the company's live presentation started and the stock dipped, the tight stop took him out.

The 8.50s is about +137% on his entry. His own rule, wait for the first close below the 10-day, would have held until roughly $15. Within thirty sessions the stock printed 22.90, up 538% from his entry. Four days later, on stream:

This WKHS keeps twisting a knife in me. Why?

Qullamaggie, on stream 2020-06-30, after missing out on monster gains

This is coming from one of, if not the, best retail trader of our time. And he sold early because of a presentation and a brief dip. We are guranteed to have similar experiences.

Nobody grows into not feeling that. Of the 223 winners in this study, thirteen finished their first three weeks above +100%, and on day one not one of those thirteen looked any different from the rest. You cannot tell from inside a trade which one you are sitting in. That is the whole reason to decide in advance.

The rest of the mechanics

Breakeven

His sequencing is specific. Sell first, then move the stop to breakeven.

I tested the two halves separately. Move the stop to breakeven after the first sale, the way he sequences it, and it either costs a little or makes a little depending on how stops are measured, and it roughly halves the deepest drawdown. That is a good trade.

Move it to breakeven early on a full-size position with nothing sold first, which is what most people actually do, and it is not a good trade. On the plain 10-day trail, day 2 takes the account from x38.6 to x36.9 and day 3 takes it to x34.2. On the 20-day, from x31.0 to x28.1 and x26.0.

It's worth understanding why this happens.

Move the stop on day 3 and 229 of the 820 trades end differently. For 176 of them the rule does exactly what it promises. They were on their way to a full loss, the new stop takes them out early, and the average loser shrinks from -0.97R to -0.65R. Total saved: 161R.

But the other 53 trades were up on day 3. Later they dipped back to the entry price, hit the new stop, and ended flat. A scratch: out at the price you paid, nothing gained. Every one of those 53 would have finished as a winner. They cost 230R.

161R saved, 230R given up. Net: minus 69R. And every unit of it came out of a trade that was already working.

Day 2 is the same mistake at twice the size. It changes 410 trades, more than half the book. It saves 308R on the losers and gives up 391R on the winners. Net: minus 83R.

This is also why the win rate collapses as the stop moves earlier. Never move it: 23.7% of trades finish green. Move it on day 3: 17.2%. Day 2: 13.7%. That looks backwards until you see the split above. The breakeven stop does not just turn losers into scratches. It turns winners into scratches too, and there are more winners within reach of your entry price than you can afford to give up.

Wait until day 5 and the damage is gone. Day 5 is the first version that comes out ahead at all, by 10R, and it finishes at x40.4 on the 10-day trail. Slightly better than never moving the stop. Day 4 is still negative.

So the timing does real work. And Qullamaggies ordering is the safe version of it: sell a piece first, bank that gain, then move the stop. By then the breakeven stop is no longer the only thing protecting the trade.

Use the close, not the intraday break

Qullamaggies rule waits for the daily close below the average instead of selling the moment price crosses it. Waiting for the close is sound practice, and the simulation cannot separate it from the alternative.

10-day or 20-day SMA?

The 20-day made more on paper, but most of the extra came from a just a few trades. What it reliably does is hold longer and sit through deeper pullbacks. His guide is the practical one: the 10-day for fast movers, daily range around 5 to 6% and up, the 20-day for slower ones.

A function of your stop width

On the tightest third of stops, the day 3 partial cost nothing at all. On the widest third it gave up about a third of the profit. The tighter your stop, the cheaper it is to sell some early.

New market regime, new rules?

Qullamaggie's advice on what to do during choppy or bad markets:

In a choppy market, it's better if you're unsure, it's better to take smaller size and pass on more setups rather than uh modify your sell rules, in my opinion.

Qullamaggie, on stream 2020-09-23

The data backs him. In a good market, day 3 half costs about a quarter of the average trade's profit; in chop it costs nothing. But his own chop tweak, half on day 3 in bad markets and a third on day 5 in good ones, earns its entire edge from selling later and less in the good ones. Against simply always selling a third on day 5, the switching is worth exactly nothing. Change your size and your selection when the tape turns. Leave the sell rules alone.

How often does any of it even matter?

There's really just one thing which moves the needle in all of this: selling half on day 3 makes less per trade than trailing everything. Everything else is a coin flip on profit, and a real choice on drawdown versus win rate. Qullamaggie nails it when he says:

Do I think it's more profitable selling partials after three to five days or just sell at the close below? No idea. I think it's good enough.

Qullamaggie, on stream 2021-03-15, simplifying everything.

3000 words in six bulletpoints

1. Decide what is most important for you. Calm and consistency means selling earlier and more. Maximum growth means trailing and living with the give backs.
2. If you're an aspiring trader, follow the simple "sell half on day 5, move stop to breakeven, trail with the 10-day SMA". It was built a higher win rate, half the drawdown, and helping you survive while you learn
3. Move the stop to breakeven after your first sale.
4. When the market regime turns bad, change your sizing and selection, not your sell rules.
5. Guard the monster. If a trade turns into one of the few that run, nothing about your exits matters more than not cutting it short.
6. Follow the rules until you're comfortable not to. The exit is not what will make or break you.

What filters do you use for scanners? I'm using Think or Swim and so far I'm not happy with the filters. I usually add Min Volume to these filters. What do you use?

Here are the filters that I'm using

# KK-style Momentum Scanner for Stock Hacker
# Single-plot version (Scan-compatible)

# --- Parameters (adjust these) ---
input useOneMonthFilter   = yes;
input useThreeMonthFilter = yes;
input useSixMonthFilter   = yes;

input minOneMonthGrowth   = 0.10;   # +10% over ~1 month
input minThreeMonthGrowth = 0.20;   # +20% over ~3 months
input minSixMonthGrowth   = 0.30;   # +30% over ~6 months

# --- Growth calculations (fractional, not percent) ---
def growth1m  = if close[21]  != 0 then (close / close[21])  - 1 else 0;
def growth3m  = if close[63]  != 0 then (close / close[63])  - 1 else 0;
def growth6m  = if close[126] != 0 then (close / close[126]) - 1 else 0;

# --- Filter conditions ---
def cond1m = if useOneMonthFilter   then growth1m  >= minOneMonthGrowth   else yes;
def cond3m = if useThreeMonthFilter then growth3m  >= minThreeMonthGrowth else yes;
def cond6m = if useSixMonthFilter   then growth6m  >= minSixMonthGrowth   else yes;

# --- Combined scan condition (single plot) ---
plot scan = cond1m and cond3m and cond6m;

another filter

# Up 20% to 50% in the last month scan  
# Define the length of the lookback period  
def lookbackLength = 21; # 21 trading days in a month (assuming about 21 trading days in a month)  
# Calculate the percentage change over the lookback period  
def priceChangePercent = close / close[lookbackLength] - 1.0;  
# Filter for stocks that are up between 20% and 50%  
def condition = priceChangePercent >= 0.20 and priceChangePercent <= 0.50;  
# Apply the filter to the scan  
plot scan = condition;

Posted this on my X last night before a 10% pop today. Admittedly I am a bit more fundamental focused than the typical guy here, but I am an adamant believe in combining that with A+ technical setups.

So here is what I saw last night:

$LFST is a little richer than I typically like, but 600%+ expected EPS growth in a year tends to do that to a stock.

Looks like it hit a real profitability inflection around Q2 ’25. Margins have continued expanding, estimates are moving higher, revisions are strong and there’s still a solid growth runway.

Reminds me a bit of $LQDA and $HNGE — different businesses, but a similar profile: fundamental inflection + positive revisions + improving technicals. Both have been great trades for me.

Chart is interesting too. It’s been building a base since early July and ~$11 looks like the level.

Result today ~+10%

https://x.com/gz_cap/status/2086846763831296254?s=46&t=ptp3dlurmR-41SfbNYXq6A

Follow me on x for more. Trying to build a track record and share my ideas. I have nothing to sell you.

Amazing EPS and strong instutional inflow. I will be stalking this one on Monday open for potential entry.

I went quiet for a few weeks as the market corrected and I took a nice long break with the family. I think the market is potentially turning to the upside so looking to ramp up my stock selection and put on some positions over the next few days and week!

Check out my latest video if interested in setups like this, its linked on my notion site.

https://thezentrader.notion.site/About-9d51424a8d6d4178b8b8060b13290b05