Trading World Cup: an Argentinian was crowned the best in America, what was his strategy?

Trading World Cup: an Argentinian was crowned the best in America, what was his strategy?

October 1, 2024 – 2:42 p.m.

In a very competitive investment environment, the performance achieved by the Argentine trader in the third quarter far exceeded the percentages of large indices and recognized assets, such as the S&P 500, Nasdaq, gold or Bitcoin.

The Argentinian Mauricio Novelli was crowned as best trader in America, within the framework of World Cup Trading Championships, thus achieving a milestone in the world of investments.

With a audited net profitability of 67.2% in the last quarter, Novelli not only stood out on the American continent, but also He left behind some of the greatest trading leaders in the financial world.

In a very competitive investment environment, the performance achieved by the Argentine trader far exceeded the percentages of large indices and recognized assets, such as the S&P 500, the Nasdaq, gold or Bitcoin.

During the same period of time, the S&P 500 showed a growth of approximately 4%, while the Nasdaq reached an increase of close to 8%. Likewise, the Gold registered an increase of 6%, and Bitcoin, despite its high volatility, barely rose 10%. In contrast, Novelli managed to demonstrate a particular ability to achieve a return almost ten times greater than the performance of these assets.

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In addition to their outstanding participation, the event also feted winners from other regions. In Asia, Nazri Khana Malaysian trader, took first place, while the Italian Antonio Ferlito stood out in first place in Europe. Both were also recognized for their effective strategies and consistent results, although they failed to surpass Novelli’s impressive mark.

The Argentine trader demonstrated that, with a combination of strategy, analysis and a deep understanding of the marketyou can beat investment giants like BlackRock and Bridgewater who, throughout the quarter, had much more modest returns compared to their valuable 67.2%, even though their account sizes are clearly very different. It is also a great achievement for Novelli, who has gained notoriety in the world of global trading in recent times.

This success not only highlights Novelli’s individual talent, but also the trading potential in Latin America, a continent that continues to gain ground in the global financial landscape. Without a doubt, the victory of the Argentine trader in the Trading World Cup marks a great precedent and encourages future traders in the region to continue down the same path.

Source: Ambito

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