After-action reviews (AARs)
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A stock trader who consistently beats the S&P 500 shares the end-of-year strategy that sets him up for success
Yahoo Financeยท 2025-12-21 18:30
Core Insights - Erik Smolinski, a full-time trader, has achieved significant stock market returns, with an average return of 24.6% from 2018 to 2022 and a record triple-digit return in 2023 [1][2] - His success is attributed to a structured approach, including detailed trading plans and regular after-action reviews (AARs) to assess performance and adjust strategies [2][6] Group 1: Trading Performance - Smolinski's strongest year was 2023, with triple-digit returns, and he reported a 79% return in 2025, indicating a potential third-strongest year [2] - He has only experienced two negative years since he began trading in 2007, showcasing a consistent performance [1] Group 2: Strategy and Methodology - The use of monthly AARs and an extensive annual review allows Smolinski to evaluate what strategies worked and what did not, facilitating necessary adjustments [3][4] - He emphasizes the importance of adapting strategies based on market shifts, particularly the dominance of tech stocks in recent years [4][5] Group 3: Advice for Investors - Smolinski encourages everyday investors to conduct regular reviews of their portfolios, suggesting at least quarterly or annual check-ins to compare returns against major market benchmarks [6][7]