The first year with AlgoCloud
The new year is here, and it’s time to pause and reflect. What was last year like? It’s been quite a journey, and I’d like to share my experience with AlgoCloud.
I first came across AlgoCloud sometime in mid-2023. It was love at first sight—I started testing it right away. I created three strategies and deployed them on a test account in the fall. After three months, I had a 6% profit. I detailed this success in one of my earlier articles. That achievement motivated me to start live trading in 2024, and today, I’d like to recap how it went.
A year full of changes
Last year was truly a turning point for me. I made decisions that completely transformed my life. The most significant was changing my profession and entering the world of trading. I began focusing on stocks, CFDs, and Futures using strategies I developed with the StrategyQuant tool.
At the beginning of 2024, I opened a live Alpaca account with a $2,000 deposit through AlgoCloud. I started with three strategies that I had thoroughly tested on a demo account. By mid-year, I had added six more strategies to my portfolio.
My initial goal was simple: to finish the year with a profit. Anything above 10% would be a success.
Unexpected success
In the end, I achieved results that far exceeded my expectations: a 51.02% profit, a trade success rate of 60.12%, a profit factor of 2.02, and a drawdown of 10.32%. Of course, the equity curve wasn’t flawless—I experienced a dip in April when the market as a whole was down and faced several false breakouts in November.
Live account statistics
I am just a retail trader
I don’t have a million-dollar account. I’m just a retail trader aiming to grow my money. I want to show that it’s possible. Stocks don’t need to be intimidating—all you need are a few well-thought-out strategies with an edge, the courage to begin, and the commitment to stick with it.
The steps are straightforward: start by building a simple portfolio of strategies and test them on a demo account. Once you’ve gained confidence in AlgoCloud, nothing stops you from transitioning to live trading. You won’t become rich overnight, but you’ll steadily grow your investments over time.
Equity Live account (year 2024)
Profit that the bank will not offer
Example for everyone: 50% profit in a year! This is a number that no bank or fund will offer you. A few years back, I put money into mutual funds. After fees and interest, I made about 1.5% over six years. At that time I said to myself: enough. I took out the money and went looking for a better way to work with it.
Profit Long/Short Profit monthly
The work on strategy never ends
Live trading provides insights that no simulation or demo can match. Last year revealed flaws in my strategies that I hadn’t noticed before. Yes, trading carries risks, but my portfolio is diversified across multiple strategies and thousands of stocks, which minimizes the overall risk.
Profit by strategy
The challenges are worth it
Last year taught me that making bold changes is always worthwhile, even if it means stepping out of your comfort zone. Trading through AlgoCloud was one of my biggest challenges, and I don’t regret it for a moment.
Next time, we’ll dive into building a small portfolio together. Until then, I wish you good health, happiness, and the courage to pursue your financial goals. Don’t fear investing—it’s worth it!😉
Libor Štěpán