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After the main portion of my eToro credits have been withdrawn from my eToro account, I took a break from ManualTrading to find new trading approaches.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.

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%

Strategy backtest pt.10 - copper trading strategy

In my last last portfolio review I was quite optimistic about being on the right path with my copper trading strategy. Just one week later the strategy revealed its weakness again by creating two lossy trades that ruined all profits gathered before. The overall result after 10 weeks of applying the strategy was thus disappointing:

• without trading mistakes: +2,33% 
• actually realized in my portfolio: -9,33% 

The following chart shows the performance in the course of time. The red line shows the "theoretical" development of my equity without trading mistakes. The blue line shows the actual development including the trading mistakes:

Due to these results I stopped applying the strategy but didn't want to give up that quickly. Instead I adjusted my backtesting tool, so that I can backtest this kind of trading system. My main focus was on finding better and fixed entry signals rather than relying on my chart analysis skills.

Portfolio Review 18.02.2017

I have been trading on eToro for nearly six months now, so time to share another portfolio review. Unfortunately I am still not profitable overall, but I have the feeling to make some progress on my manual trading:

CopyTrading: -10,92%
ManualTrading: -7,02%
Overall: -9,30%

Getting started with Metatrader 5

Today I made a big step forward on my trading activities. I decided to start trading with metatrader in addition to my current eToro portfolio, thus widen my possibilities. Read in this post why I choose metatrader 5 over metatrader 4, which broker I picked and which goals I set for myself.

copper trading strategy

Since I started trading on eToro I have been looking for a fixed trading strategy, that I could apply "without thinking". While studying my copper trades, I realized, that on many days the daily copper candlesticks show long upper and lower shadow. So I figured it could be profitable to trade an a daily basis. In this post I describe the strategy and present first results.

Portfolio Review 14.01.2017

I didn't intend to publish another portfolio review just two weeks after the last one. But while reviewing my portfolio for myself I realized, that for the first time since I started trading, my ManualTrading portfolio has performed better (or less bad) than my CopyTrading portfolio:

CopyTrading: -8,03%
ManualTrading: -3,71%
Overall: -5,94%

Getting out of sync @CopyTrading pt. 2 - 13.01.2017

A few weeks ago I realized for the first time that I was not properly synchronized with the traders in my CopyTrading portfolio (click here to read the corresponding post). With what I have learned from this analysis I carefully chose a new line up of traders for my portfolio (click here to read about the rearranging). After five weeks of copying this new line up, I checked whether my portfolio is properly synchronized - unfortunately it is not.

Chart analysis on $Gold 05.01.2017

On December 8th 2016 I opened a buy trade on $gold on eToro at $1.177,30, just to watch the price of this precious metal to fall to $1.126,56. Fortunately I stayed patient and confident (check out my comment in this former post). Today my trade finally turned green. Here is my analysis whether to keep or close the trade.

Portfolio Review 01.01.2017

The year 2016 has come to an end, so it was time for a portfolio review. December has been a rough month for both CopyTrading and ManualTrading with quite some losses. Therefore the following numbers are somewhat disappointing:

CopyTrading: -7,74%
ManualTrading: -9,48%
Overall: -8,58%

The following graph shows the course of my equity:

Portfolio chart analysis 22.12.2016

Markets have been surprising in the last weeks. Not only did I make some bad trade decisions, no, all traders I copy right now on eToro are between 5 and 30% in red. So I am not the only one who got surprised and messed up. Anyhow, now I am here, two days before Christmas wondering what to do with those unfortunate trades:

Sell $Ger30: -33% and -38%
$Copper: Sell +23%, Buy -34%
Sell $DJ30: -11%
Buy $Gold: -21%

I am especially worried about the $Copper and $Ger30 trades so I tried myself analyzing the charts of those assets. The target is making decisions whether to hold or close those trades or to tighten the stop loss limits. As usual I like to share and discuss my thoughts with you in this post.