Investor Spotlight: Meet our Voleo Student Equity Trading Competition Ambassador | Dylan Roberts
December 3, 2019
The 2019/20 Voleo Student Equity Competition Sponsored by Nasdaq has started! From November 1st to February 29th, University and College students from across the US will compete to make the best returns with a $1 million simulated portfolio. Not signed up yet? Don't fret! New teams can be created until December 1st, learn how to register here.
One of our favorite parts of the competition is learning from the brilliant minds of student investors. Their passion for financial literacy, investing and personal growth is inspiring!
Over the competition, we will share and highlight our Ambassadors who are leading from the front at their school. We've asked them some questions about investing experience, stock strategies, and advice to fellow participants, investors, and students.
Meet Dylan Roberts
Q: How did you get involved with investing? How much investing experience would you say you have to date?
A: “I got involved in investing when I was 18 years old chasing penny stocks. I was a young bull. I have then read over thirty books related to the stock market and investing. I am now 21 years old, and have found ways to beat the market consistently over the past two years by having a portfolio with a higher Sharpe ratio than the S&P500 and buying investments that have low volatilities."
Q: What’s your go-to investing strategy? Do you have any particular companies or industries that you’re drawn to?
A: “I actually prefer using my knowledge to trade options. I consider myself a trader not a value investor. For the purposes of trading options, I look for situations where the stock has low IV and HV, oversold RSI, I use Connors_RSI primarily, and it has to be above the 200SMA. Mean reversion strategies work great. I love trading straddles, strangles, and iron condors. When buying underlying stocks, ultimately I try to buy as many non-correlated as possible. Sure, the efficient frontier of the market is good, but there is a better way to optimize your portfolio than a stock/bond ratio. A portfolio with a higher Sharpe ratio and many baskets of non-correlated investment is the most advantageous way to beat the market. I always think “bet small, bet often”. I say that because I think trading over value investing, if disciplined, is more profitable. It’s also cheaper now that investment firms are not charging commissions anymore. I would say I do not have any companies I am drawn too, however, I enjoy trading the VIX as well as leveraged ETF's. Stock picking on the basis of fundamental analysis isn't what it used to be in my opinion. My belief is also that the competition for TAM (Total addressable market) in each sector makes value investing in single companies really tough when there is too much long term uncertainty. The market is heavily influenced by human behavior so I test my luck solely on the basis of technical analysis. "
Q: If you could give other investors one tip, what would it be?
A: "Don't chase. Wait patiently and then buy aggressively. Don't have market FOMO (fear of missing out)- be able to walk away. Get yourself a Roth IRA because planning for retirement early is important. "
Q: Why did you choose to join the Voleo Student Equity Competition?
A: "Because at the Coast Guard Academy we have an investment committee comprised of 12 cadets who actively manage a portfolio of $40,000+. We wanted to try our game at a competition and compete against other colleges."
Q: Any favourite investors, investing books or investing quotes you'd like to share?
A: "My favorite investor is Laurence Connors, he is the author of “The Alpha Formula” and many other great books. My favorite quote is “buy the fear, sell the greed”. Lastly “The advice I would give is to read everything in sight. And to start very young. It’s a huge advantage in almost any field to start young. If that’s where your interest lies, and you start young, and you read a lot, you’re going to you’re going to do well." - Warren Buffett"
More Investing Inspiration...
Thank you to our ambassadors for sharing their insight and wisdom with us! More will be highlighted as the competition unfolds. We wish everyone the best of luck and look forward to seeing you on the leaderboard!
Interested in joining the Voleo Student Equity Competition Sponsored by Nasdaq? There’s still time to sign up! Simply download the Voleo SimuTrader app and form your investment club with 3 or more peers!
(P.S. If you’re a current participant and would be interested in doing a Q&A or guest blog with Voleo, feel free to reach out to us via email - we would be delighted to hear from you!).