BaggerSight

Obsessed with the Stock Market! (U.S. market Swingtrader from sweden)🇸🇪 . (Focus on Momentum and BO📈)

[BaggerSight @Stocksniper2000]

This is how a strong stock should move! When the volume increases, and a clear speculation emerges, the stock gaps up on high volume. The stock gracefully rides on MA 10, following its trend all the way up. This is a clear example of how a strong stock moves according to plan. ✨

[BaggerSight @Stocksniper2000]

Adding $PENG

[BaggerSight @Stocksniper2000]

Added some $GTLB

[Qullamaggie Wisdom @QullamaggieHQ]

𝗤 𝘀𝗮𝘆𝗶𝗻𝗴 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝗮 𝗹𝗮𝗿𝗴𝗲 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻 (𝗮𝗻𝗱 𝘁𝗿𝗮𝗶𝗹𝗶𝗻𝗴 𝗼𝗻 𝘁𝗵𝗲 𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲𝘀) 𝗶𝘀 𝘁𝗵𝗲 𝗵𝗮𝗿𝗱𝗲𝘀𝘁 𝘁𝗵𝗶𝗻𝗴 𝘁𝗼 𝗱𝗼.
𝗕𝘂𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗱𝗼 𝗶𝘁.

It’s scary. It’s one thing taking a big loss, but it’s another thing holding a big profit, and especially if it’s a profit that’s bigger than you’ve seen before. That’s one of the most stressful things ever. It’s just so scary, but you really need to believe it can go further in your direction.

That’s really what happened on TSLA. I was up 650k, I thought it was gonna go down another 50, 100 bucks, and then it just reversed back higher and I gave back most of that profit. But then I re-nailed it, and that was a big one. You really gotta believe it will do what you think it will do.

[BaggerSight @Stocksniper2000]

@TradeQonsole @BoxTraderVK Looks extremely strong and beautiful!

[Justin Spittler @JSpitTrades]

$STM is breaking out of a HUGE base on this news

+11% pre-market

Hitting new all-time highs. Topping previous highs set back in 2000 for the first time.

Leading semi power name. Monster stock in the making.

[BaggerSight @Stocksniper2000]

$APPS ripping 🚀
Taking 1/3 off the table here and booking some profits. Risk-free trade from here. Let's see how much further this one can run.

[BaggerSight @Stocksniper2000]

Went long on $PLTR in pre-market today with significant leverage. Planning to take some profits into the close.

[Justin Spittler @JSpitTrades]

$INOD looking primed for a breakout

[BaggerSight @Stocksniper2000]

$TRX Added 1,74

[Lone @lonextrades]

Qullamaggie on The Leading Stocks Will Bottom Before the Indices

“How do we avoid getting into new stocks? Very easy—because there’s not gonna be great setups if the best of the best are pulling back. You don’t wanna buy some random stock that just happens to look good. Like we’ve had this discussion, you know, a lot of times over the past six weeks—there’s been a lot of stocks here and there setting up, but it’s been slim pickings. You want a lot of stocks to set up.

And the best time to go long is after market corrections—after the market has been going down for several months or sideways for several months. Exactly, it’s simple, but it’s not easy. It takes many years before you get it.

Yeah, exactly. Most of the leading stocks bottom before the major indices—yep. Not all of them, but many of them, most of them.”

[BaggerSight @Stocksniper2000]

Trying to start get a long position in $BTC here

[Mister_Low_Risk @MisterLowRisk]

Everything good happens above MA10 MA20. And everything bad happens below..

Not getting good feedback from new long positions. Maybe time to take a step back..

Lets see what happens. Price is king..

No need to rush things there is 11 more months left this year to make money...

[BaggerSight @Stocksniper2000]

My discord account is hacked so everyone who has me there doesn't click on anything that comes from me there

[Felipe Guirao @FelipeGuirao]

Sometimes being 100% in cash is the best position when trading stocks.

If you are holding anything, long or short in equities, you probably are getting chopped up (unless you are not trading swings and holding for the past few weeks since the big base breakouts happened)

If that's part of your plan and process, that's great.

But when trading for strict swings, I designed my system to ONLY get me in the market when there is true linear momentum, and avoid trading choppy stocks, or stocks that "look" strong and breaking out, but get wiped out all the time.

You can get death by 1000 cuts, so it's important to get some risk parameters and filters on stock selection to keep your drawdowns at expected, safe levels for yourself.

Right now, my system is telling me to stay in cash for over a week, waiting for the next momentum leg, either up or down.

So how do I do that?

I baked into my rules when trading momentum breakouts to filter and just enter stocks when they have a perfect combination of:

• Momentum
• Linearity

This will ensure I avoid those stocks that look great and "breaking out", only to show volatile swings in the short term, and behave more like mean-reversion candidates than momentum stocks.

Here are some of the filters I use to make sure this happens:

-> Always look for the 8, 20, and 50 EMAs stacked up and separated
-> Developed my CML indicator (momentum & linearity) to give me a GREEN reading.

So using EMAs + Linearity (measured as candle overlap, the less overlap the first leg had and the tighter the consolidation, the more linear the next leg will be)

This is essentially what I use, and helps me to:

> Give me a high success rate on my trades (65% w/ break evens), and
> Keep me in cash when there is no real edge for my system.

So that's what I'm doing right now, closing January with a 4.5% gain on my account, sitting in cash, waiting for the next leg to come.

When you have your rules and your system in place, you just have to follow it, let the edge play out, and let the market cycle do the rest 📈

[Lone @lonextrades]

Qullamaggie on Study Setups for 1000 Hours

“On June 24th, I said EAST was a three and a half star setup. June 24th, yeah. I wasn’t saying anything special while LX and ATOM were five star. What 24th? Yeah, because LX was more explosive. It showed more strength. What was ATOM? ATOM was kind of, was it a five star? I don’t know. Look guys, I’m pulling numbers out of my ass.

What you should focus on is studying, you know, guys, like seriously. Like if you haven’t studied setups for at least 1,000 hours, you should know. The only thing you’re gonna learn on this stream is study setups for at least 1,000 hours. That’s the most valuable thing you’re gonna learn. Everything else is noise, it doesn’t matter.

You have to do something that most people are not willing to do. That’s the only way you’re gonna be successful traders. Everything else is noise. Three stars here, four stars there, who cares?”

[BaggerSight @Stocksniper2000]

@TradeQonsole Skärmen är insane ⌨️🤌

[BaggerSight @Stocksniper2000]

@TradeQonsole 😍

[BaggerSight @Stocksniper2000]

$BYND Next gamestop😂??

[BaggerSight @Stocksniper2000]

@TradeQonsole 😍

[Lone @lonextrades]

Qullamaggie on When It’s Too Late to Buy a Breakout

“When it’s too late? 1x average daily range. Try to keep your stops to 1/3 or 1/2 of average daily range. Try to avoid something like what were we talking about? What was the stock? Polar. No rad. What was stock? I don’t remember. Well, anyway, let’s look at something that is RAD.

The average daily range is 9.2. It’s up 8.6% on the day. Try to have a stop that is half of the average daily range or the average true range. It’s at like what, 90% of the average daily range? I usually try to avoid buying breakouts that have gone up that much.

You always want to you know have a tight, tight stop, not too tight. But you know, you got to find the sweet spot. As soon as something is starting to break out, that’s when you should get into it.”