Kristjan Kullamägi is the Chief Investment Officer and the primary contributor to the Stocksholm Whitepaper. Kristjan has over 12 years of stock market expertise and is considered the algorithm’s genius, as well as the creator and principal proprietor of the firm Stocksholm.
Stocksholm was created in 2017 by a small group of passionate stock market connoisseurs. They claim to be on a mission to assist more individuals in achieving financial independence and enhancing their lives. According to the business, this may be accomplished by investing in equities – not by trading on a daily basis, but by beating the market with “only 15 minutes of rebalancing once a month.”
What is Kristjan Kullamägi’s Net Worth?
Kristjan Kullamägi is also an independent trader who has acquired tens of millions of dollars with his breakout approach. To add to Kristjan’s success, it was discovered that his trading account was worth $9100 in 2013. By 2018, this had increased to 1.4 million, and by July 2019, it had increased to 4 million dollars. Kristjan’s account was worth 82 million dollars as of March 2021, an incredible success by any metric.
How did Kristjan Kullamägi did it?
Kristjan Kullamägi began as a day trader in 2011 and managed to blow up his trading accounts four times in the first two years. He eventually moved away from the smaller time frames and began swing trading, seeing the events from a greater distance. Kristjan’s favourite method is the breakout trade, and he lays the groundwork for his approach.
Kristjan Kullamägi utilizes the day’s low as the stop loss position, taking into account the range of price movement to guarantee the risk-reward metrics stay reasonable. For example, if a stock’s ATR is 5%, then the stop loss should never be larger than 5%. Kristjan recommends selling between one-third and one-half of the stock between three and five days after the entrance and then moving the stop to breakeven.
