+291% Swing Trading in 2023 - The 3 Powerful Setups of a Top Trader
01/31/24 • 183 min
📘 Get your FREE 115-page Ultimate Trading Guide: https://go.traderlion.com/uinsN
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📈 TraderLion Masterclass Courses: https://go.traderlion.com/uinsG
In this episode, Richard Moglen interviews Marios Stamatoudis, who finished in 4th place in the stock division of the 2023 US Investing Championship with an outstanding 291% annual return. Marios shares his trading journey, from his early interest in the markets to struggling early & starting over. He discusses the importance of risk management, the mistakes he made in the past, and the changes he made to his trading approach after committing himself to the craft for four years.Marios also shares his influences and resources, including Mark Minervini and Kris Kristjan Qullamaggie. He explains that while his entry and exits are 100% based on technical analysis it's the fundamentals of a company that provide the fuel for massive moves.In this part of the conversation, Marios discusses his approach to find the most powerful stocks in the market on a daily basis along with his requirements he applies to find the highest probability trades. He shares many of the trades he took throughout the year in detailed examples during this 3 hour long interview.He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. Don't let short term goals distract you from long term progress!US Investment Championship Results 2023:https://financial-competitions.com/Follow Marios on Twitter/X: https://twitter.com/stamatoudismEnjoy!- The TraderLion Team-----------------------------------------------------------------------------------------------------------------------Next-Generation Stock Screener: https://links.traderlion.com/Deepvuehttps://bit.ly/34ktd3Y-----------------------------------------------------------------------------------------------------------------------Stay in touch:Follow us on Twitter/X: https://www.twitter.com/TraderLion_Timestamps:00:00 - How Marios Started Trading06:03 - Blowing Out His First Account11:52 - 2019 & Becoming Profitable16:57 - Trading Setups (Episodic Pivots)20:52 - Combining Minervini's Lessons & Day Trading23:28 - Quallamagie Streams25:37 - Trading Books & Influences28:35 - Studying Other's Success33:30 - Why Marios Joined the USIC36:35 - Breaking Down Marios' Strategy41:54 - Parabolic Short Setup43:59 - Chart Layouts47:00 - Daily Routine55:05 - Preparing a Focus List1:04:05 - Dense Volume Screen1:09:43 - Weekly Routine1:15:45 - 2023 Review1:21:14 - Position Sizing & Risk Management1:28:49 - CVV Trade Review1:35:01 - January Trades (SMCI, MNSO, DADA)1:39:15 - Entry Tactics with ATR1:42:35 - February Trades (CVNA, LUNR, AMAM)1:48:03 - March Trades (DUOL, AI, CDIO, PYXS, WAL)1:51:26 - Marios' Use of Margin
📘 Get your FREE 115-page Ultimate Trading Guide: https://go.traderlion.com/uinsN
🔍 Next-Generation Stock Screener: https://go.traderlion.com/uinsM
🦁 Follow us on Twitter/X: https://go.traderlion.com/uinsK
📈 TraderLion Masterclass Courses: https://go.traderlion.com/uinsG
In this episode, Richard Moglen interviews Marios Stamatoudis, who finished in 4th place in the stock division of the 2023 US Investing Championship with an outstanding 291% annual return. Marios shares his trading journey, from his early interest in the markets to struggling early & starting over. He discusses the importance of risk management, the mistakes he made in the past, and the changes he made to his trading approach after committing himself to the craft for four years.Marios also shares his influences and resources, including Mark Minervini and Kris Kristjan Qullamaggie. He explains that while his entry and exits are 100% based on technical analysis it's the fundamentals of a company that provide the fuel for massive moves.In this part of the conversation, Marios discusses his approach to find the most powerful stocks in the market on a daily basis along with his requirements he applies to find the highest probability trades. He shares many of the trades he took throughout the year in detailed examples during this 3 hour long interview.He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. Don't let short term goals distract you from long term progress!US Investment Championship Results 2023:https://financial-competitions.com/Follow Marios on Twitter/X: https://twitter.com/stamatoudismEnjoy!- The TraderLion Team-----------------------------------------------------------------------------------------------------------------------Next-Generation Stock Screener: https://links.traderlion.com/Deepvuehttps://bit.ly/34ktd3Y-----------------------------------------------------------------------------------------------------------------------Stay in touch:Follow us on Twitter/X: https://www.twitter.com/TraderLion_Timestamps:00:00 - How Marios Started Trading06:03 - Blowing Out His First Account11:52 - 2019 & Becoming Profitable16:57 - Trading Setups (Episodic Pivots)20:52 - Combining Minervini's Lessons & Day Trading23:28 - Quallamagie Streams25:37 - Trading Books & Influences28:35 - Studying Other's Success33:30 - Why Marios Joined the USIC36:35 - Breaking Down Marios' Strategy41:54 - Parabolic Short Setup43:59 - Chart Layouts47:00 - Daily Routine55:05 - Preparing a Focus List1:04:05 - Dense Volume Screen1:09:43 - Weekly Routine1:15:45 - 2023 Review1:21:14 - Position Sizing & Risk Management1:28:49 - CVV Trade Review1:35:01 - January Trades (SMCI, MNSO, DADA)1:39:15 - Entry Tactics with ATR1:42:35 - February Trades (CVNA, LUNR, AMAM)1:48:03 - March Trades (DUOL, AI, CDIO, PYXS, WAL)1:51:26 - Marios' Use of Margin
Previous Episode
+805% Trading Champion of 2023 Reveals His Powerful Day Trading Setups
📘 Get your FREE 115-page Ultimate Trading Guide: https://go.traderlion.com/uinsN
🔍 Next-Generation Stock Screener: https://go.traderlion.com/uinsM
🦁 Follow us on Twitter/X: https://go.traderlion.com/uinsK
📈 TraderLion Masterclass Courses: https://go.traderlion.com/uinsG
In this episode, Richard Moglen interviews Goverdhan Gajjala, the champion of the 2023 US Investing Championship with an outstanding 805% annual return. Goverdhan shares his trading journey, from his early interest in the markets to struggling early & starting over. He discusses the importance of risk management, the mistakes he made in the past, and the changes he made to his trading approach. Goverdhan also shares his influences and resources, including Mark Minervini and Kris Kristjan Qullamaggie. He explains his focuses 100% on technical trading the chart patterns and short-term trading.In this part of the conversation, Goverdhan discusses his approach to find the most powerful stocks in the market on a daily basis along with his requirements he applies to find the highest probability trades. He shares multiple examples during this 2 hour long interview of trades that worked, but also trades that failed and how he managed his risk along the way.He also shares his statistics and win-loss ratio, highlighting the importance of keeping losses small. Goverdhan emphasizes that a few key trades can have a significant impact on overall performance. He concludes by encouraging viewers to embrace failure and use it as a learning tool.Follow Goverdhan Gajjala on Twitter/X: https://twitter.com/gov_gajjalaEnjoy!- The TraderLion Team-----------------------------------------------------------------------------------------------------------------------Next-Generation Stock Screener: https://links.traderlion.com/Deepvuehttps://bit.ly/34ktd3Y-----------------------------------------------------------------------------------------------------------------------Stay in touch:Follow us on Twitter: https://www.twitter.com/TraderLion_Like us on Facebook: https://www.facebook.com/TraderLionOur Blog: https://www.traderlion.com/blog/Timestamps:00:00 - Goverdhan Gajjala US Investing Champion05:37 - Learning from Minervini10:27 - Transitioning into Day Trading12:00 - Shift from Unprofitable to Profitable14:32 - What makes an A+ Day Trade17:12 - Common Mistakes When Day Trading21:29 - Unbreakable Routine25:17 - Preparing a Focus List28:42 - ICCT Trade Setup32:42 - 2023 Performance37:27 - Trading Stats of 202343:42 - Trading Rules Around Drawdowns48:02 - Collecting Clues for Big Moves50:58 - LIFW Trade Review54:57 - Dealing with Stock Halts1:00:42 - Daily Charts Show Squeeze Potential1:10:08 - TPST 1,000% Move1:14:05 - AVGR Trade Review1:25:22 - Benefits of Day Trading over Swing Trading1:30:02 - Adapting the Strategy to Account Size1:31:52 - VFS Missed Opportunity1:33:52 - Commonalities of Biggest Winners1:41:41 - TOP Trade (Mindset Change)1:45:32 - Biggest Losers of the Year1:50:32 - Why Long Trades Only1:59:27 - Setups2:01:52 - Squeeze Ups/Reversals2:13:52 - Important Trading Advice
Next Episode
$1,000,000 TQQQ Swing Trading Strategy | Vibha Jha
📘 Get your FREE 115-page Ultimate Trading Guide: https://go.traderlion.com/uinsN
🔍 Next-Generation Stock Screener: https://go.traderlion.com/uinsM
🦁 Follow us on Twitter/X: https://go.traderlion.com/uinsK
📈 TraderLion Masterclass Courses: https://go.traderlion.com/uinsG
In 2023 Vibha Jha finished 2nd in the Money Manager Division ($1 Million minimum) with an outstanding return of 70%. She also finished in 2nd place in the 2021 competition with a 100% return.
In this video Vibha discusses her approach to find the companies that have the highest probability to become true market leaders. Since her typical holding period is over a year she puts larger emphasis on her strict fundamental requirements.
Vibha also uses a unique TQQQ trading strategy that she uses to initially enter the market after corrections. After she builds a profit in her TQQQ position she will start identifying the top companies to purchase by scaling out of her TQQQ trade.
Later in the video Vibha reviews her AFRM trade in 2021. She shares her full process in this trade including how it landed on her watchlist, her entry tactics, why she sold into strength, and much more.
She concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail.
Follow Vibha Jha on Twitter/X: https://twitter.com/vibhajhatrader
US Investment Championship Results 2023: https://financial-competitions.com/
Enjoy!- The TraderLion Team-----------------------------------------------------------------------------------------------------------------------Next-Generation Stock Screener: https://links.traderlion.com/Deepvue-----------------------------------------------------------------------------------------------------------------------Stay in touch:Follow us on Twitter: https://www.twitter.com/TraderLion_
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