I shoot a 06 Allegiance this is right at 300fps and I use a 3 pin sight. Sighted in 30, 40 and 50. Inside 30 yards and I am 1-2" lower depending on the distance.

Good luck with that Diamond Victory. That's one sweet shooter. Don't be fooled by the speed on that birth certificate. That is a bare bow with a bare string. You can expect to lose 20+ fps by the time you get the bow all loaded up.