Ep. 5 Of Transparent Traders: Young MILLIONAIRE Hyper Scalper Andy (Quickbags) Shares His Secrets

0:00 today we welcome Andy when it's your setup and you know it's your A+ you should always like go balls to the walls who sits in 11th place on K for's alltime leaderboard with 1.3 million profits do you have a favorite furu I would for sure say Tim SE that's more Guru in terms of furu is in the scamers oh furu okay don't worry I'll edit that bit out as well I'll edit that bit out okay I thought you said I thought he

0:24 said gurus okay welcome back everybody and today we welcome Andy who sits in 11th on Kino's alltime leaderboard with 1.3 million profits at just 27 years old today we're going to jump into his strategies industry transparency and it's top tips for new Traders but first I just want to quickly mention you can get kingf pro kingf pro plus free for your first month all you need to do is Click log in and click upgrade but first of all Andy nice to have you

0:53 welcome how are you today I'm doing good and thank you so much for having me not a problem so Andy I see you 11th on the leaderboard crazy amount of profits for someone your age so first unbelievably well done but you you come under the name of quick bags can I just ask you what the the story is behind the username yeah so a long story short when you're trading you're getting bags and sometimes it can be quick too and I like

1:22 getting quick bags so that's where the name Quick bags came from because when you're trading it can be pretty quick so you're looking for those those quick bags of money those quick bag opportunities right yeah those quick bags and quick scalps very nice very nice indeed okay so I was looking at some of your recent trades and what was really interesting about you is that you seem to be into the some of the lower priced some of

1:49 the Sub sub dollar stocks can you give it some sort of indication on strategy there what you doing what you doing in there yeah so I really love those sub dollar stocks because they have insane range such insane volume and you can really capitalize and grow your accounts significantly because those movements they don't take they don't take a lot of like movements to to grow your account and that makes full sense but

2:21 when you've got volatility on one side The Winning Side you've also got volatility on the losing side so how do you manage your risk I'm only saying because I've traded these subc caps and I've made some terrible catastrophic mistakes with risk management and been down like 100% so like how how are you managing your risk to not do the stupid things that I do yeah so I would say you want to wait for the runup to settle down come back down and then

2:51 you can play the consolidation perk after it gives you some nice tight risk levels from where it's been basing for like the past days on the daily chart and then after that you can play the secondary run up into the breakout again because once yeah so are you playing these long are you playing these short are you playing both I'm mainly long so I would only long them so go go through that strategy

3:22 again sorry just so I can try and understand that for everyone else watching yeah so you can play the initial run up like the first one or two three days just just get in on some consolidation and you kind of play the trend or what I like to do is I like waiting for the for the chart to settle down a little bit after like the big runup you want to see like two two or like three days four days of

3:47 consolidations like and then once they go sideways and per perk off consolidation you can you can play the secondary breakout because often times once they have that that huge runup like Fifi they tend to run a lot more after they Consolidated dude that's that's that's really really interesting stuff and it's just it's it's a strategy that reminds us of Jack K we'll go on to him in a second but but you can't are you just playing any stock that what is it

4:18 20 30 40 cents it's Consolidated for a few days after an initial pick is the more criteria than this or is this the criteria I would say it's a little bit of that and it's a little bit of what's been working in the market and it's and what's been hot because back when Fifi ran after Fifi you got your syn you got your Peggy and it was just momentum like spreading towards those stocks and that lasted for like a couple weeks and

4:48 so now I think it's moved on to like maybe like dollar or two or $2 stocks so it's just whatever the Market's giving and what's what's hot in that moment H so that's interesting so I mean so you it seems like you're looking for the same technical patent where you you know the 3day runup and then you know the consolidation for the extended breakout after but so but it's almost like you're looking at what's hot that's going to

5:15 fulfill this pent is that how it is yeah cor yeah correct so I would apply the framework to it and then I would look for what's hot in the market right now what's moving so then you can adapt to what's been working because like you might you might trade a specific pattern but if that's not working right now then you won't have any success trying that because like because the sub pennies were hot and so if you're trying to do

5:42 some big cabs or like Maps then you probably won't get a lot of returns because all the money and all the eyes and all the emotions it's over in the in the pennies right now yeah I know that makes that makes a lot of sense so do you have any CR I think I need to start learning from you but do you have any criteria for what makes a hot I mean obviously you can say it's hot SE

6:07 that could be so penny a hot that could be AI but it like is how do you determine it is it like there's 12 stocks on the pre premarket percent gainers today or or how do you qualify it I would say stocks that has a big percent gains but then they hold those gains and then they continue to to have multiple days of run-ups rather than giving those gains back because every day there are stocks that

6:34 that gaps up but not a lot of stocks kind of hold their gains so you see so you want to see multi-day Runners because then multi-day Runners gives you those just insane range up and down to trade so and is that like literally it so it's like okay what stocks run and it's tell the ties you don't have to give too much of your strategy away I know this is about transparent trading in Kimo but you

6:57 don't need to give too much away but like I'm just curious so once you've had one runner in the sector that's held its momentum then you start to look for what's next is it like that or what what else might be coming up right because once you have like a Big R Runner like Fifi there there's often sympathy plays that comes after them so you can go after those sympathy plays too because it's just Mo it's just momentum spreading spreading

7:28 everywhere else and everyone's trying to find the find the next Fifi the next hot runner so you want to go where everyone's at and that's where the money is at that's where the DB money is at n no it makes absolutely full sense we're just going to quickly pause because we're going to have a quick message from a sponsor and we'll be right back in one second Unleash Your trading potential with Cobra Prime Cobra trading has

7:54 released the ultimate Trader package crafted through strategic Partnerships with top businesses and software innovators you can now gain access and discounts to Leading trading tools from Advanced analytics and charting systems to trading platforms with over 15 partners and growing Cobra Prime lets you customize the Perfect Trading package for your needs the more you trade the more points you can earn to unlock additional trading tools click

8:25 the link in our YouTube description and sign up to COBRA frame to elevate your trading experience okay we are back and we're going to be talking about OTC stocks furus and gurus and what knowledge you may have gleed from Jack col because I believe that you you credited him as when you made a million dollars but first how's the OTC markets for you Andy if I were to be honest they are completely dead right now you still get

8:55 spurts of like one or two like the most recent one dftf but for the most part like this year it's been incredibly tough and I think they kind of just died off for now so so are you sticking with the sub if it's low price of pennies it's more like NASDAQ or it's it's basically NASDAQ or nysa or something like that yeah so just a penny dollar five or sometime mid two just just around

9:26 there and I saw you when you hit the Mo you give a special tribute to H Tim Sykes and also to Jack Kellogg is there anything that you picked up from Jack because we all know like Jack's the Master Trader right who's made the the seven million in eight months or whatever it was he's up to 14 million or something now so is there anything that you've picked up from him or any tips he give you to help you I have yeah so just

9:51 seeing Jack achieve what he achieved and he basically showed you what was possible and that really INSP ire me and help push me too just to be the best Traer that I can be just seeing him how he like plays those A+ setups like when is when is your when is your setups and you know it's your A+ you should always like go go balls to the

10:21 walls I like that expression do you know get some people say if you go balls to the walls like how do you manage your risk but do you feel like it's like as long as you're really on point with your risk management you can go balls to the walls with the A+ setups exactly you got you got to get in there and and just hope that it doesn't come down but like for example if you're going long there's less risk rate you

10:45 may have the offering but it's not shorten I was believe there's significantly more risk because it's already up it's up too much it's got to come down I may as well hold it but with Longs I feel like you can invest a bit more Capital because you've got that stop and trash anyway so if it falls rationally it should fall right yeah you can then for Longs you only loseing of of how much you put in but

11:10 with with with shorts you can lose in like infinitely more so it's a lot more scary to be short than it is long for sure yeah 100% 100% And in terms of transparency I'll ask you some fun fun FAL questions as well to get your opinion on these but why did you just decide to be transparent like why did you decide to go on kall what's what's the advantage yeah so it started with just it was just very convenient just to log

11:39 everything and to see your p&l curve and to see where you're at in your journey and I like to be organized and to see my progress I guess over time it just it was just like a habit then I just kept doing it and plus kful kful layout and everything makes it makes it easier to like see and track your trades too so so that's probably the reason why I've been using kin for a lot too no very

12:03 nice yeah and some of the pro some of the Pro St is really nice for see where you're going right and where you're going wrong the other thing I was going to ask is you're number 11 on the leaderboard you're breaking into the top 10 braking in so my my my question is do you have you had any any advantage from being in the top top 11 in the leaderboard so far like with networking or just by being verified

12:31 not really I would say it's more like it's kind of like a video game you're like oh it's nice to be top 10 top 20 but other than that not not really not not so much no no makes makes sense and in terms of furus do you have a favorite furu and if if you do why I would for sure say Tim Sykes because

13:02 he's such a incredible teacher mentor and person and he just created this awesome Community where a lot of good Traders come together and just help each other which is nice all but in that's that's more Guru in terms of furu is in the scamers you have oh furu okay fur don't worry I'll let that b out as well I'll let that b out okay I thought he I thought he said gurus okay Tim SES is the best

13:31 furu I'll end it you're all good now I love getting scammed by Tim s but do you have in terms of f rules do you have a f Ru that you that you like to follow that's engaging that brings volume to the market I do I would say Zach Morris you know he's he's the one to go to he's always ping the best dogs and his army is crazy he's got to follow what he picks at and you'd be rich

14:01 but but like I sense some sarcasm in there or do you know a way of trading ahead of Zach or knowing how to trade Zach's pumps do you know well yeah so after he alerts it or pumps it very short lifs so you can you can short it afterwards too because those moves are like irrational it's not is up for the wrong reason so you can short his picks afterwards too but other than that he's just a very entertaining

14:28 person to follow on on Twitter and some of the some of the some of the stuff he post is very funny too I dude I I absolutely love Zach moris I love to say you you May's not know the Saved by the Bell Zach moris I don't know if you know him did you ever say Saved by the Bell it's too too many years ago I've never seen that is like a movie or so save by the Bell is

14:50 almost too old for me save by the Bell is a show and Zach moris was like a TV character in this series of episodes it was like a comedy about kids in school but it was a it was like not even a series it was like a kids television show and Zack moris was the star in the kids television show and this guy I don't know his real name I forgot this guy looks like Zach moris from the

15:13 television show and that's why he's got that D oh okay I see yeah they kind of look like twins you know maybe that's how you got so popular it's good marketing too it's why he's a he's a good marketer he's a good pum since you're on kall I was just curious to know what is your thoughts on these kids who are shown pictures of Lamborghinis who are new to trading the 2122 they're saying they've made Millions they're showing profit

15:39 statement they're showing trades progress they're showing for example like a p&l of the day but they're not on kall and they don't have Broker statements what do you say to these guys when they start selling courses what what's your thoughts on it I would say that's awesome that they're doing that but at the same time because the the stocks and finance industry it's full of like scams and snake oil so you never really know but I'm because

16:09 I'm I'm sure some of them they are giving out good content good content and good info and they want to help people so if they're so if they are doing that I think it's nice to have some credibility and some verification just because the way the industry is like it's just full of scam so you kind of need credibility and verific if you are putting stuff out there so people don't just fall for just any scams and because you don't really know

16:37 what's what's a scam and and what's not no 100% agree and then just to close up on some advice for new Traders what do you think the biggest problem new Traders face is and and what's your advice for them to overcome it i' say the biggest problem is Traders they don't stick around long enough to really to really see what fits their personality and what works for them and what makes them comfortable with with

17:07 their personality because everyone's different so you got to stick around and see which patterns suits you better and what you're comfortable with and that makes makes a lot of sense and and and how long were you trading just until you got profitable how long did it take you to 10 the curve would say about three or four years in to my journey yeah to to start seeing something now that's a it's a good it's a good effort right so and in

17:36 terms of are you a guy who uses metal stops or you a guy who uses hard stops it's a little bit of both but I would I would say the majority of time is hard stops and in terms of new Traders what you recommends has to be hard or it depends on them 100% hard because you don't know what you don't know and then as you progress and get better and get more experienced then you have those

18:01 mental stops and what's the best piece of advice you received when you got started in trading thought your losses quickly but Tim syes that's the truth it's the it's the best piece of ADV Bas but the hardest one to follow and what does a new Trader need to do to faint success in the market last question just stay in the game and into something clicks with you and start very small and then just keep trying just

18:33 take stabs at every pattern every just any any any idea you have until something clicks and just stay alive until you pick up something and then you go off from from there try not to blow up that's great advice we're going to close with a quick message from today's sponsors but Andy I'd like to thank you so much for your time it's been fun to talk to you and and thank you for sharing the words of wisdom yeah

19:01 thank you so much Stephan for having for having me I'm sorry for having me on thank you so much for watching and I just do want to remind you one more time about Cobra's ultimate Trader package Cobra Prime the link is in the description click it below I'll see you on the next one