Qullamaggie: Kristjan Kullamägi's Trading Setups
A Swedish swing trader who shares three simple momentum setups and very strict risk rules.
Trade a real day like Kristjan Kullamägi (Qullamaggie)
A real market day with the date hidden. Run the checklist on the chart, then buy, sell or stay out: the real candles answer.
Check every point of the list before you decide. Stay out if the setup is not there.
Who they were
Kristjan Kullamägi is a Swedish trader who became known as "Qullamaggie" for sharing his trades, scans and setups openly on streams and his blog.
He reports having grown a small account into a very large one over the 2010s by trading momentum stocks.
Principles and rules
1. Three setups
Breakouts after tight consolidations, episodic pivots on news and parabolic shorts.
2. Stop at the low of the day
Risk on each entry is limited to the low of the entry day.
3. Sell into strength, then trail
Take partial profits after a few days and trail the rest with the 10 or 20-day average.
4. Trade the leaders
Focus on the strongest stocks in the strongest sectors.
Key lessons
- Small losses, big winners.
- Tight setups give tight stops.
- Only trade aggressively when the market is in an uptrend.
Strategies from this method
How to practise it
The breakout and episodic pivot strategy pages have the rules. In Candlemind choose a stock market and practise marking the opening range.
Frequently asked questions
What does Qullamaggie trade?
Mainly US momentum stocks, using breakouts and episodic pivots.
What moving averages does Qullamaggie use?
The 10 and 20-day averages to trail winners, and the 50-day as a broader trend guide.
Summaries and paraphrases of public books and interviews, for education. Not investment advice.