Confessions Of A Market Maker Episode #128: Andrew O'Connell US Investing Champion on Early Trading Struggles, Trade Sizing & Risk
Nov 11, 2024
Andrew O'Connell, the standout performer in the US Investing Championship with over 409% gains this year, shares his inspiring transition from competitive athletics to trading. He delves into the influence of election cycles on market trends and reveals the pivotal moments of his trading journey, highlighting the importance of risk management and position sizing. With insights into psychological challenges and strategies for long-term investments, O'Connell emphasizes the critical balance between analysis and emotional resilience in achieving trading success.
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Early Competition
- Andrew O'Connell's competitive nature, from childhood games to Division 1 tennis, led him to trading.
- Seeing the market as a meritocracy fueled his ambition to become a top trader.
Vanguard Experience
- O'Connell's path included studying for the CFA, working at Vanguard, and developing his trading style.
- Despite early success, he was dismissed from a program for a small trade, prompting him to go independent.
Full-Time Challenges
- O'Connell faced setbacks after going full-time, changing his style and experiencing significant losses.
- He eventually returned to his original approach, combining fundamentals, news, and technical analysis.