Team,
October is in the books! I was prepared for a mental battle this month, and I certainly got one. I finished -3.90% for the month, putting me at a +389.30% YTD 2024 return😎 I’ll be reporting these results for the US Investing Championship:
A few notes from this month’s performance
I did my daily preparation every night, and came in with a decisive mindset✅
I was selective in the trades I took, and only added bets to my portfolio that I thought were asymmetric to the upside
My win rate was abnormally low, and my asymmetric bets didn’t pay out
I successfully controlled the downside on all my losing trades
Key takeaway: My strategy is robust enough to tolerate a losing streak/ period of bad luck.
Thank you for seeing the big picture.
Now let’s win the US Investing Championship 💪
-Andrew
Market Update 📊
Index Performance October 📉
Observing the monthly performance of the indices is useful, because it gives you a barometer for how much potential there is to make progress in the market.
News🌎
Economic Data 🌎
PCE inflation data came out in-line with estimates 👇
The monthly NFP employment report could be market moving tomorrow 👇
Presidential Betting Odds
3 more trading sessions until the 2024 presidential election on 11/5 👇
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