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In this episode, Richard Moglen interviews Marios Stamatoudis, who finished in 4th place in the stock division of the 2023 US Investing Championship with an outstanding 291% annual return. Marios shares his trading journey, from his early interest in the markets to struggling early & starting over. He discusses the importance of risk management, the mistakes he made in the past, and the changes he made to his trading approach after committing himself to the craft for four years.
Marios also shares his influences and resources, including Mark Minervini and Kris Kristjan Qullamaggie. He explains that while his entry and exits are 100% based on technical analysis it's the fundamentals of a company that provide the fuel for massive moves.
In this part of the conversation, Marios discusses his approach to find the most powerful stocks in the market on a daily basis along with his requirements he applies to find the highest probability trades. He shares many of the trades he took throughout the year in detailed examples during this 3 hour long interview.
He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. Don't let short term goals distract you from long term progress!
US Investment Championship Results 2023:
https://financial-competitions.com/
Follow Marios on Twitter/X: https://twitter.com/stamatoudism
Enjoy!
- The TraderLion Team
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https://links.traderlion.com/Deepvue
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Timestamps:
00:00 - How Marios Started Trading
06:03 - Blowing Out His First Account
11:52 - 2019 & Becoming Profitable
16:57 - Trading Setups (Episodic Pivots)
20:52 - Combining Minervini's Lessons & Day Trading
23:28 - Quallamagie Streams
25:37 - Trading Books & Influences
28:35 - Studying Other's Success
33:30 - Why Marios Joined the USIC
36:35 - Breaking Down Marios' Strategy
41:54 - Parabolic Short Setup
43:59 - Chart Layouts
47:00 - Daily Routine
55:05 - Preparing a Focus List
1:04:05 - Dense Volume Screen
1:09:43 - Weekly Routine
1:15:45 - 2023 Review
1:21:14 - Position Sizing & Risk Management
1:28:49 - CVV Trade Review
1:35:01 - January Trades (SMCI, MNSO, DADA)
1:39:15 - Entry Tactics with ATR
1:42:35 - February Trades (CVNA, LUNR, AMAM)
1:48:03 - March Trades (DUOL, AI, CDIO, PYXS, WAL)
1:51:26 - Marios' Use of Margin
