Stock Trader Kevin McCormick Wins Futures Trading World Cup 2021 Trading Championship
The title returns to the United States for the first time since 2015
PHOENIX, USA, January 11, 2022 /EINPresswire.com/ – Stock trader Kevin McCormick has announced he won the 2021 World Cup Trading World Championship with a return of 253.8%, bringing the title back to the United States for the first time since 2015.
“I’m a great example of a retail trader outperforming fund managers and professional traders,” McCormick said.
In the futures trading world championship, traders use their own strategies. Some day-trade, while others hold their positions for weeks or months. Some use discretionary methods, while others use computerized programs. Each trader uses their own methods with one goal in mind: to post the highest possible net return by the end of the competition.
The Futures Trading World Cup Championship has been held since 1983 and is considered the gold standard of trading excellence.
During the contest, McCormick made over 100 trades. As commodity markets rallied last year, its top three trades all came from commodity shorts.
“The contest is a real money contest unlike some of the other trading contests that use simulated accounts and money. So, I traded my own money in the contest. This adds a bit more to the results since the people don’t make huge trades that usually lose money trying to hit
a big winner,” McCormick said.
McCormick is an individual retail trader with over 20 years of experience trading his personal accounts, adding futures trading strategies four years ago. After consistently outperforming the market, he chose to enter the contest.
He said he trades by following the indicators of veteran and industry leader Larry Williams, a former championship winner, and using Google search trends.
In addition to commerce, McCormick works in the tech industry and created some of the first iPhone apps.
For more information and to contact him about media appearances, email [email protected] or call 480-399-8612.
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