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James Muninn

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@Muninn

I share deep dives on traders and strategies
qullamaggiedeepdive.com Joined October 2022
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James Muninn Verified account @Muninn
Qullamaggie's and Martin Luk's win-rate is practically the same. But not much else..

Martin's stop is about half as wide as Qullamaggie's.

Qullamaggie's winners are almost three times bigger than Martin's.

But, their their avg. risk:reward is about the same.. 8-9x

What's the lesson here?
James Muninn Verified account @Muninn Aug 14
This is the article I wish I had when I started trading. And probably in year two and three as well.. x.com/i/article/2088…
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James Muninn Verified account @Muninn
Martin Luk's worst pullback longs are the ones he buys in the first 15 minutes.

350+ of Martin Luk's entries shows a clear pattern in his pullback entries.

Don't go long in the first 15 minutes - be patient!

Martin say so himself:
"a lot of the moves in the first 15 minutes are the fake outs"

"the real moves comes in maybe 30 minutes after the market open or even an hour after it"

His shorts care less about the clock, mainly because shorts tend to move faster to the downside..

MARTIN LUK
"if you kind of missed the the early entries that probably you're not gonna yeah not gonna catch them"
James Muninn Verified account @Muninn 2d
Martin Luk made 150%+ in a multi-million dollar account in a month.

Almost the entire gain came on just 5 days.

No options. No 0DTEs. No Futures.

I reconstructed his epic Shortober run to see how he actually traded it. x.com/i/article/2118…
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James Muninn Verified account @Muninn
It doesn't matter what SMA or EMA you use.

Whether you use a 9 EMA vs. 10 SMA, or a 21 EMA vs. 20 SMA - it doesn't matter

QULLAMAGGIE:
"The point is to have one very fast moving average, one like a little bit slower, one that is even slower"

MARTIN LUK:
"which certain EMAs or SMAs that you're using is not important, but the reason behind which one you're using is very important."

app.qullamaggiedeepdive.com/s/bvyf3b3z
app.qullamaggiedeepdive.com Which moving average should you use? Qullamaggie uses Simple Moving Averages (10 SMA, 20 SMA, 50 SMA, 200 SMA) on the daily chart, and Exponential Moving Averages (10 EMA, 20 EMA, 65 EMA) on the 60-minute intraday chart.
Sean trades Verified account @SRxTrades Oct 6
Why do I use the 8, 21, and 50 EMAs?

Because one of the hardest things in trading isn’t finding a strong stock…

It’s actually STAYING in it.

The 8, 21, and 50 EMAs help me:

-Identify momentum
-Understand the health of a trend
-Stay in the strongest stocks for as long as that momentum remains intact

Here’s how I think about them...

The 8 EMA = short-term momentum

When a stock is extremely strong, you’ll notice something very often:

It barely wants to leave the 8 EMA

Price pulls into it, buyers step back in, and the trend continues higher

Some of the strongest stocks in the market can ride the 8 EMA for weeks at a time

Instead of constantly trying to guess the top, the moving average gives me something objective to follow

Then you have the 21 EMA

I look at this as a deeper area of support within a healthy trend

A stock might temporarily lose the 8 EMA as momentum cools off, consolidate, and then find buyers around the 21

That doesn’t automatically mean the trend is broken

Sometimes the stock simply needs more time to digest the previous move

Then you have the 50 EMA

For me, this is where I start paying much closer attention to the bigger trend

If a stock that has been trending beautifully starts breaking the 8, then the 21, and eventually loses the 50 with aggressive price action and volume…

The character of the trend may be changing

I’m not using moving averages because they magically predict where price will go...

I use them because they give me a framework for understanding MOMENTUM

When price is above rising 8, 21, and 50 EMAs and continues respecting them on pullbacks, the trend is telling me it’s healthy

That allows me to do something most traders struggle with:

Stay in the best stocks for the longest period of time

A lot of traders find a great stock…

Then sell it because it “looks too high.”

It goes another 30%

They buy it back

Then sell again on the next red candle

Instead of trying to outsmart the trend, I’d rather let price tell me when the trend is actually changing

The strongest stocks can stay “overextended” much longer than you think

That’s why momentum moving averages are so valuable...

8 EMA = short-term momentum
21 EMA = trend support
50 EMA = bigger-picture trend health

As long as price continues respecting those moving averages, I have a reason to remain patient

Don’t sell a strong stock just because it has gone up a lot

Watch how it behaves around the moving averages

Let the TREND tell you when momentum is changing.
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