Your Path to Trading Victory
+103% Return in the US Investing Championship! 🏆
Good evening Team!
I hope this message finds you well. I am pleased to announce that our trading is officially complete for 2023, and we will be reporting a return of approximately +103% for the US Investing Championship!
Our refrain heading into 2023 was that this would be our year, AND WE MEANT IT! 🥳
As much as we’d love to bask in our triple digit year, 2024 is right around the corner, and we must climb the mountain once again. We’ve decided to compete in the 2024 USIC!
One of our goals for next year is to not only focus on our own personal results in the contest, but to do more to ensure that all of the traders and investors in our community are equipped with the tools, resources, and training required to level up as well! With this said, we encourage you to create a trading plan for 2024 using our path to victory trading plan calculator. We used this last year to prep for the contest and it worked wonders.
For more context on how to use the tool, check out this linked Twitter thread.
All you have to do is fill in the yellow highlighted cells, and the tool will produce the number of trades required to reach your annual return goal, given your inputs. It is always mind blowing to see that we do not need a stellar win rate to achieve stellar trading results. The secret is to manage the relationship between your risk/reward ratio and your win rate!
If you find this exercise to be valuable, be sure to like this post, and consider subscribing to our premium newsletter if you haven’t already! We appreciate your support, and look forward to tackling the markets with you next week!
-Andrew O’Connell, CFA, FRM