BEST Trading Strategy 2024? - US Champion Trader Oliver Kell discloses his winning strategy.

Summary

In this milestone 50th video, the host reviews Oliver Kell's trading strategies that led him to a staggering 941% return in 2020, securing him the title of U.S. stock trading champion. With over a decade of experience and a background influenced by market-making, Kell's approach is rooted in disciplined risk management and O'Neill's methodologies. He focuses on strong growth stocks, utilizing various moving averages and breakout patterns to inform his trades. The video highlights key trades, portfolio sizing, and the advantages individual traders have over institutions, offering valuable insights for aspiring investors.

Takeaways

• 🎉 This video marks the 50th episode focused on stock trading and investing since the channel gained traction in 2020.
• 📚 The video reviews Oliver Kell's ebook, who achieved a remarkable return of 941% in a year as the 2020 U.S. stock trading champion.
• 🏆 Oliver Kell won the championship by a significant margin, outpacing the second-place trader by almost 450%.
• 👨‍💼 Kell has over 10 years of trading experience and attributes his success to the book 'Make Money in Stocks' by William O'Neill.
• ⚖️ Initially struggling with risk management, Kell emphasized the importance of controlled risk in trading strategies.
• 📈 His trading approach involves being an intermediate-term trend follower and swing trader, focusing on high-growth stocks.
• 🔍 Kell looks for breakouts from basing patterns and uses moving averages for trade management across various time frames.
• 🚀 One of Kell's top trades featured Tesla, where he explained his thought process through a detailed analysis of price action.
• 📊 The video includes insights on portfolio sizing and the use of leverage, with Kell holding 8 to 12 positions in his portfolio.
• 🤝 Kell believes individual investors (David) can outperform institutional investors (Goliath) due to their agility and liquidity.

Q & A

What milestone does this video celebrate?

The video marks the 50th video related to stock trading and investing on the channel.

Who is Oliver Kell and what is his achievement?

Oliver Kell is the 2020 U.S. stock trading and investing champion, achieving a remarkable return of 941% in one year.

How long has Oliver Kell been trading?

Oliver Kell has been trading for over 10 years.

What book does Kell attribute his success to?

Kell attributes his success to 'Make Money in Stocks' by William O'Neil.

What trading style does Oliver Kell primarily use?

Kell describes himself as an intermediate-term trend follower and swing trader, focusing on strong growth stocks.

What are some key indicators Kell uses in his trading?

Kell uses various moving averages, including the 10 and 20 exponential moving averages, and the 50 and 200 simple moving averages.

Can you describe the trading strategy Kell employs?

Kell looks for breakouts from basing patterns and aims to buy on pullbacks, utilizing multiple time frames to manage trades.

What does Kell emphasize about portfolio management?

Kell suggests holding between 8 to 12 positions, with strategic allocations based on the strength of each trade idea.

How does Kell's approach to risk management manifest in his trades?

Kell emphasizes controlled risk by setting stop-loss orders and managing expectations based on market conditions.

What analogy does Kell use to describe individual investors in the market?

Kell compares individual investors to David, suggesting they can outperform institutional investors, or 'Goliath', due to their flexibility and liquidity.