6 lessons I have learned in my first year of trading

When I first started trading CFDs on eToro, I was highly motivated but had no experience at all. No wonder I had to learn a few lessons in my first year of trading. I thought I was doing the right thing, when I read tons of blogs, websites and books about CFDs, trading, chart analysis, fundamental analysis, indicators, strategies and even about myself. Despite the many rules and guidelines I have read, I needed to learn some lessons by doing it the wrong way first. After learning more and more trading rules I at least managed to finish my first year of trading with a small profit. So far, those have been my most important lessons learned:

stock picks from intelligenttrendfollower.com that are available on eToro

A couple of months ago I started following a guy on Twitter: Jay @intelligenttrendfollower. Every week he posts a selection of stocks he chooses for his trend following strategy . I like his trading style, since it is based on fundamental analysis combined with chart analysis. To be more specific: He searches for healthy companies with good performance figures on finviz. Then he compares the charts and checks them for big trends. I followed some of his picks and made nice profits with them. You can find more details on his blog. Unfortunately not all of his stock picks are available on eToro. So every week I check for available stocks first, before I start analyzing the charts. In order to help you save some time, I decided to share my list of Jay's stock picks that are available on eToro in this post.

Update 07.09.2017:
Unfortunately I realized, that eToro updates its portfolio permanently. They add and remove stocks and I do not know which criteria they are using. So the list below might not be correct any more and I do not have the time to keep it up to date. Therefore I will not continue this list.

Portfolio Review 01.05.2017

After the main portion of my eToro credits have been withdrawn from my eToro account, I took a break from ManualTrading to find new trading approaches. A few weeks ago I resumed my activities and would like to share my new strategy with you in this portfolio review. As always, the plain numbers first:

CopyTrading: -19,9% (last portfolio review: -21,2%)
ManualTrading: -11,0% (last portfolio review: -11,7%)
Overall: -15,7% (last portfolio review: -17,0%)



Remark: The graph above shows the profits relative to the money deposited on my eToro account. It doesn't consider remaining credits as well as compensation that I receive as popular investor on eToro.

5 rules for successful CopyTrading on eToro

When I first started CopyTrading on eToro I ran into a couple of pitfalls. From my personal lessons learned I derived 5 rules for successful CopyTrading on eToro in order to help you avoid the mistakes I made in the past and enjoy the benefits of social trading.

How to create an appealing life

Do you live an appealing life? Did you ever ask yourself whether you are following the right goals in your life? Do you even set long-term goals? Are you willing to find out? Yeah? Then I am glad to introduce you to my friend Alex. He is an entrepreneur and blogger, who dedicated his efforts to share ideas and products for a healthier and more conscious lifestyle. On his blog www.derstoiker.de he frequently gives interesting insights to his thoughts and ideas (the blog is written in German). Now he invites you to an experiment that will get you closer to finding out what really matters to you in your life.

Motivational and Inspirational quotes for your trading

No matter which goals you have, you will not reach them if you give up. Even if times become difficult and you suffer from setbacks, it is important to stay motivated and focus on your goals and dreams. Since this is an important part of my whole trading endeavor, I created an inspiration and motivation section on my blog. Enjoy and stay motivated!

Portfolio Review and adjustments 18.03.2017

When I first deposited money on my account, I received credits from eToro. After six months they have now been deducted which forced me to rearrange my portfolio. Here is my current portfolio status:

CopyTrading: -15,14%
ManualTrading: -8,11%
Overall: -12,01%