My Trading Strategy for a 103% Return - Lessons from a Top Trader

Want to learn how to create a profitable trading strategy? Are you looking for practical trading tips that can help you succeed in the markets? In this video, Andrew O'Connell shares his journey from early struggles to achieving a 103.5% return in the US Investing Championship.
In this video, He breaks down the key elements of my profitable trading strategy. It's a culmination of hard-earned lessons, combining event-driven trading, fundamentals, and technical analysis. You'll discover the techniques I use to find winning trades, manage risk, and navigate the psychology of trading.
Whether you're a beginner trader or looking to refine your approach, this video is packed with valuable insights. He discusses his mistakes along the way, the importance of finding a style that suits your personality, and how my background at Vanguard shaped my trading journey. Get ready to learn actionable trading tips and discover the strategies that helped me achieve a massive 103.5% return.
Follow Andrew O'Connell on Twitter/X: / realpristinecap
Get his daily market insights: pristinecapital.substack.com
📘 Get your FREE 115-page Ultimate Trading Guide: traderlion.com/YT-UTG
🔍 Next-Generation Stock Screener: traderlion.com/YT-DV
🦁 Follow us on Twitter/X: traderlion.com/YT-X
📈 TraderLion Masterclass Courses: traderlion.com/YT-TLU
📰 Free Trading Academy: traderlion.com/YT-TLA
Enjoy!
- The TraderLion Team
Timestamps:
00:00 - Andrew O’Connell, 103.5% Return 2023 Us Investing Championship
01:38 - Andrew’s Background
11:49 - How to Build Trading Skillset
14:32 - Andrew’s Strategy For Defining Entries
16:23 - How Sports is integrated With Trading
19:15 - Best Trading Resources
22:43 - Mistakes During His Transition To Full-Time Trader
27:14 - Crafting Your System/Style
31:17 - 2023 Trading Review
33:18 - Western Alliance Bancorp Stock
39:03 - Managing Risks
40:55 - Andrew’s Profit Target For Western Alliance
44:21 - Position Sizing
48:15 - Filtering Out Noise!
50:23 - Key Themes Over The Years
50:23 - Bitcoin/Tether US
54:14 - MicroStrategy
57:55 - Andrew’s Average Win Rate
59:45 - Losing Trade Review - CHWY
01:01:30 - PayPal Research & Trade Approach
01:07:17 - Market Analysis In Andrew’s Process
01:12:16 - Style Factors
01:13:38 - Foreign Currencies
01:16:49 - Understanding Bonds & Interest Rates
01:19:56 - AI & Semi-Conductors Theme
01:21:52 - Key Takeaways From 2023
01:23:43 - General Advice For Traders
#tradingstrategies #tradingtips #traderlion

[@TraderLion]

📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.

[@realpristinecap]

Thanks so much for having me on!

[@TBradFashionModel]

Pretty precise, I like the comparison of the sports and trading......good perspective.

[@TraderLion]

Our pleasure!

[@mohamadhariz9613]

so you've been fired from vanguard because of doing personal trades? that's cruel

[@dm_invest43]

Great interview and fantastic insights. Plenty to consider for me personally as I have adopted a similar approach in the past and coincidentally created some of the same analyses. Andrew though has taken it to a different level. Well done.

[@k.d.4851]

Hey it was one of the best interviews, had a question though, you won in enhanced growth division, but didn't talk anything about futures and options, how do you use them?

[@CharlesVaughn-bm9gq]

Richard is best host and interviewer on KZbin. He is cordial, respectful, asks relevant questions and allows the guests to answer questions and describe their career and investment methods.

[@TraderLion]

Thank you very much Charles. That's kind of you to say

[@alphabeta8403]

1:55 Competitive background; economics/finance double major 14:00 The bigger your capital, the more you have to pay attention to fundamentals 16:55 Parallels between trading and sports 21:00 Putting in 1000 of hours of learning to get a few hours of gems 32:20 *2023 trading stats; be a sniper* 58:10 35:00 WAL (waterfall trade) 44:30 Position sizing; up to 25% of account 50:50 *Bitcoin setup in 2023* 55:00 MSTR 1:03:00 Cash % of a company's market cap 1:14:00 Correlation to currencies 1:20:08 Missing NVDA 1:22:00 *Play your own game*

[@realpristinecap]

Thanks for doing this!

[@TraderLion]

Follow Andrew O'Connell on Twitter/X: twitter.com/realpristinecap Get his daily market insights: pristinecapital.substack.com 🕰 Timestamps 🕰 00:00 - Andrew O’Connell, 103.5% Return 2023 Us Investing Championship 01:38 - Andrew’s Background 11:49 - How to Build Trading Skillset 14:32 - Andrew’s Strategy For Defining Entries 16:23 - How Sports is integrated With Trading 19:15 - Best Trading Resources 22:43 - Mistakes During His Transition To Full-Time Trader 27:14 - Crafting Your System/Style 31:17 - 2023 Trading Review 33:18 - Western Alliance Bancorp Stock 39:03 - Managing Risks 40:55 - Andrew’s Profit Target For Western Alliance 44:21 - Position Sizing 48:15 - Filtering Out Noise! 50:23 - Key Themes Over The Years 50:23 - Bitcoin/Tether US 54:14 - MicroStrategy 57:55 - Andrew’s Average Win Rate 59:45 - Losing Trade Review - CHWY 01:01:30 - PayPal Research & Trade Approach 01:07:17 - Market Analysis In Andrew’s Process 01:12:16 - Style Factors 01:13:38 - Foreign Currencies 01:16:49 - Understanding Bonds & Interest Rates 01:19:56 - AI & Semi-Conductors Theme 01:21:52 - Key Takeaways From 2023 01:23:43 - General Advice For Traders

[@itm_randy]

Hands down the best interview on this channel. Loved the mix of technicals and fundamentals and really like Andrew's approach and how he views the markets! Plenty of new concepts to explore and even some new excel models to make haha. Great video!

[@TraderLion]

Thanks Randy!

[@mehrdadmithra9591]

Excellent personal story , hearing lots of things that happened to surely many of us during the journey of learning trading. Thank you both for the valuable content.

[@TraderLion]

There is no professional trader who didn't make many mistakes along the way!

[@bradmeltonrealtor386]

Probably the most down to earth, informative, real interview I have seen in a long time. Thank you!

[@TraderLion]

Thanks Brad!

[@RichardMoglen]

Enjoy!

[@NickDrendel]

This fired me up! Glad to see Andrew on the TL podcast 🙌🏼

[@realpristinecap]

Vamos Nick! Let’s keep rockin and rollin 👊

[@MichaelNauss]

our nerdy little spaces group is going places

[@tedpappas1559]

Great interview, thanks Andrew and Richard for sharing your expertise. Much appreciated 👍

[@TraderLion]

Thanks Ted!

[@blake7612]

Fantastic interview! Thank you both. Lots of key takeaways and love the catalyst approach to trend reversals. Also really identified with the correlations btw sports and trading.

[@TraderLion]

Our pleasure!

[@xianlin7831]

It is very informative from institutional perspective. Thank Andrew and Richard.

[@TraderLion]

Glad you enjoyed it!

[@megawatt3946]

Great interview! Tons of value & lessons. Thx!

[@TraderLion]

Glad you enjoyed it!

[@tradeforcharity]

Drew has the bottles on the top shelf for those bad days or possibly good days too. We get it. Salute.

[@realpristinecap]

You already know 😂

[@proptrader_derivatives]

excellent interview, thank you both for the range of topics covered, some real gems inside for those who really paid attention

[@TraderLion]

Thanks!

[@stickymoney]

Wow I love this episode the most. Andrew talked about a few points that highlights my idiosyncracies.

[@TraderLion]

Andrew was phenomenal! We’re glad you enjoyed it 🙌🏻

[@santbaliga]

Excellent interview!!! Thanks appreciate Andrew being candid and sharing his full time trading journey. Thanks a lot Richard and Traderlion team!!!

[@TraderLion]

Our pleasure!

[@figgy163]

Excellent interview, thanks to you both. 👊👍

[@TraderLion]

Thanks!

[@geoffboothroyd1941]

Great Interview as always. I really like Andrews approach. I have seen this value zone come up a few times recently.... time for me to do some more research!

[@realpristinecap]

Appreciate it Geoff. Keep putting the work in! 👊

[@te3034]

Great interview. Thanks Andrew and Richard.

[@TraderLion]

Our pleasure!

[@jamesderosa8109]

This was a great tutorial and analysis of expectations. I learned a lot from Andrew's explanation of things I don't normally look at. I also loved his comparison to sports, as when I started my trading education a year ago, almost all recognized mentors refer to psychology and trading mindset. The point for me is I applied almost everything I learned in trading education to tennis and general decision making, as the rules are the same for all. Thanks Andrew for your insight.

[@TraderLion]

Glad it was helpful!

[@AZtacoTaek]

Great! Thank you guys!

[@TraderLion]

Our pleasure!

[@JESS-CH]

That's surprising, I'm a day trader and I take less trades a year than he does. Great interview, I enjoyed listening to his experiences.

[@realpristinecap]

Glad you enjoyed 👊

[@TraderLion]

Glad you enjoyed it!

[@mmm-cake]

Fantastic effort bro 👌 wow. Appreciate you guys.

[@TraderLion]

Our pleasure!

[@stephanielanter4552]

What a great interview! Full of golden nuggets!! Thanks guys

[@TraderLion]

Glad you enjoyed it!

[@cdawgparks]

excellent trader and an even greater person. Outstanding work, brother.

[@TraderLion]

Couldn't agree more!

[@rahulchahal3824]

Thanks Richard for the educational videos

[@RichardMoglen]

no problem Rahul!

[@junwatanabeenrolledagent1765]

Excellent interview. How much margin were you trading when you were in the USIC?

[@jefflane4264]

Another great interview. Andrew is an awesome guy.

[@TraderLion]

Yes! 🙌

[@Technics_Trader]

Thanks Richard Great Interview

[@TraderLion]

Thanks!

[@sadako2009]

thanks for the sharing!

[@TraderLion]

You bet!

[@TBradFashionModel]

1:01:57,......he was predicting, "Thought,........" watch price, have a set up that becomes mechanical....This was a strong statement, how Kobe, Jordan became great, while people are out shopping, playing around with telephones in the gym.....21:00 Putting in 1000 of hours of learning to get a few hours of gems

[@14luey]

Christian fromhertz also another well known trader who uses monthly value areas.

[@TraderLion]

Yes

[@NewGuyDarren]

Wow. That's great. Its a different perspective on the markets. I also watch the DXY, U.S. Dollar Index and I have an indicator for comparing it to stocks.

[@TraderLion]

Very nice!

[@madhanidevang3298]

Thanks @realpristinecap and @TraderLion . One question: How to enable that indicator in Tradingview for monthly range that you shown there in WAL stock ?

[@michaelm2298]

Hi Andrew. Thanks for sharing your insights . Is the Markets in Profile indicator available in Trading View? If so, what is the name of it? Also, would you recommend the book by Dalton, Dalton, Jones?

[@yuriik7449]

Use VRVP indicator [ Visible Range Volume Profile ]

[@ronaldmass3972]

Thank you very much for this very interesting video!

[@TraderLion]

Thanks for watching

[@TraderLion]

Thanks for watching

[@samhoward3249]

Excellent discussion

[@TraderLion]

Thanks Sam!

[@REPR100]

Can someone explain what he was saying about the monthly value areas that were on the chart or what those are 56:15

[@RenatoSaab]

He is talking about market profile techniques. Market profile, value areas, point of controls etc.

[@savvyguy1353]

It’s algos that are programmed for correlation of 1. Also stops are getting hit. Nice job on Western alliance

[@TraderLion]

Andrew crushed it last year 🙌🏼

[@praphatnaunmanee1922]

Thanks for the sharing

[@TraderLion]

You bet

[@aramkirk2243]

Again another useful interview, thank you 🙏

[@TraderLion]

Glad you enjoyed it!

[@rachelmorton7722]

How much do you live off of? Is that based on your profits or a set amount each quarter or yr? Do you have a certain amt in a taxable account and a certain amt in a retirement acct? Do you make quarterly tax payments based on profits early on?

[@silverstream4585]

Is the USIC the same USSIC? The Unites States Stock Investing Championship doesn't seem legit?

[@TraderLion]

I don't know what the USSIC is. you can learn about the USIC here, it's a historic competition: financial-competitions.com/

[@jacksongents4993]

What is the name of the chart service he used ?

[@TraderLion]

Tradingview & Deepvue

[@davidbond9783]

really made me pause to think

[@TraderLion]

Glad you found this interview useful!