u/No-Willingness-1279

I’m lost?

I just need to know if these are typical results or no. This has happened to me a couple times since I’ve started my trading journey and idk if I’m doing something wrong or what. I entered VICR yesterday. It was making a nice range and riding the 10SMA, making HL and similar highs, yesterday it broke out on high volume.

Today the thing just completely reversed and hit my stop loss, I was up a good 15 percent ish yesterday and now I’m down.

This has happened to me at least 5 times since I’ve started trading and I’ve been at this for a decent chunk of time. I don’t really think I’m doing anything wrong but that’s for you to tell me really.

I always check the stock is strong, in an uptrend with the SMA’s lined up, then enter on a day with strong volume after it breaks out of the range.

Maybe I’m an idiot but I’d like to hear what other people think.

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u/No-Willingness-1279 — 11 days ago

I’m feeling a bit lost right now. I’ve only been trading for a couple of weeks and I spent a few months before that learning mainly through qullmaggie’s streams. But the market looks weird to me.

There aren’t many good setups, and even when something looks solid, is consolidating and getting tighter with decreasing volume, it doesn’t really follow through. I’ve had trades go up the first day, and clearly break out of consolidation, and then drop straight after, or I just get stopped out the same day. Everything feels really choppy and unpredictable. I’m mainly looking at tech stocks so maybe it’s only this sector, if so then what are some sectors I should probably look into?

Is this kind of price action normal, or is it more because of the war? Could it be that these months are the months qullmaggie said not to trade in?

Any advice would be greatly appreciated

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u/No-Willingness-1279 — 23 days ago

Hello everyone, I’m quite a new reader and have taken a liking to qullmaggies strategy. I understand the setup and risk management and everything but for the life of me I can’t find any good setups.

When I’m screening for stocks it’s just a mess, I’ll go through 100’s of stocks just to find maybe one 3* setup. Which then won’t even breakout cuz of the war and the current situation.

Are there certain things I should screen for on trading view or other screeners?

I just need some help regarding how to find good stocks that are in consolidation, by the time I find them it’s too late.

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u/No-Willingness-1279 — 26 days ago