๐ Christian Colomagi is a successful stock trader who started from humble beginnings.
๐ผ He learned about swing trading and developed a strategy based on recurring patterns.
๐ฐ Over 10 years, he turned a small trading account into $82 million using this strategy.
๐ Upon investigation, it was discovered that the trader uses a paper trading account for analysis and a separate platform for actual trades.
๐ฐ The trader has reportedly made an astonishing $360 million in 2021, quadrupling his initial account.
๐ก The trader's strategy is based on identifying and capitalizing on high tight flag patterns for explosive upward moves.
๐ The strategy involves buying breakouts and selling half the position for profit when price exits its range.
๐ Exiting the position is necessary when price closes below the 10-day moving average or breaks below the low of the entry day.
๐ A stock screener called Finviz is used to find stocks that meet specific criteria, such as being up at least 30% in the past three months.
๐ Crypto exchanges are becoming strict on KYC verification, limiting options for US traders.
๐ฐ Femex offers a new token and a chance to mine it exclusively for those holding a Soul pass.
๐๐ Using risk management strategies, the trader sets a stop loss to limit potential losses.
๐ฐ The speaker followed a trading strategy and made significant profits on two trades.
๐ However, the speaker encountered a loss on the third trade, causing their overall profit to significantly decrease.
๐ The speaker felt discouraged and realized the need to reevaluate their approach.
๐ The key to the millionaire trader's strategy is waiting for the perfect setup that has the potential for big profits.
โณ Although the win rate is only 30%, the trader's advantage lies in the small stop loss and the high potential for profit.
๐ฐ By trading a cryptocurrency that moves fast and has big price movements, the trader tested the strategy and found a potential candidate with a strong uptrend.
๐ฐ Executing a successful trade using a millionaire trader's strategy, resulting in significant profit.
๐ด Unable to monitor the trade overnight, the trader set a stop loss at break even and woke up to a skyrocketing price.
๐ By following the strategy and selling at the right moment, the trader made a substantial profit of 10% in just 24 hours.
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