Jesse Saunders, Binlord

Jesse Saunders

United Kingdom
Absolute meganerd, with no knowledge of managing investments. I'm here to copy PI's & paste FAQ answers onto Jaynemesis' page.
41
Followers
0
0userSocialWidget.week
Copiers
No Change

Sell
S
9584.91
Buy
B
9657.05
Sell
S
4.46
Buy
B
4.59
View more

Similar Traders

View More
Jay Edward Smith
Jay Edward Smith @jaynemesis
Turn on notifications
Flag as spam
Week 46 Update: etoro.tw/2TszFLQ Stats given cover closed trades for the 12th November - 18th November My total realized loss from the past week is -0.54% Overall the portfolio is down 1.76% from last week Profitable trades closed: 19 Unprofitable trades closed: 8 Most traded instrument: $BTC / $ETSY <a href="/markets/etsy" class="e-link"> (Etsy Inc)</a> (5 Trades) This week saw mixed results in my stock trading and yet another big move in crypto amid the fears surrounding the <a href="/markets/bch" class="e-link">$BCH</a> hashwar. I even managed to benefit from the most recent Brexit Chaos with a small position in GBPUSD following the flow of resignations. For stocks <a href="/markets/etsy" class="e-link">$ETSY</a> and <a href="/markets/amd" class="e-link">$AMD (Advanced Micro Devices Inc)</a> again performed well with some strong trading across the board. With cryptos, however I was again on the defensive for the most part, although some of you may have noticed our first long position in <a href="/markets/xrp" class="e-link">$XRP</a> closed at a small profit. Unfortunately I did not stick to my goal of only closing positions under a -10% loss. Instead several trades were closed ahead of what I feared would be a major move down in crypto. All of these trades did as I hoped and avoided us taking on heavier losses, we are now in a position to re-enter the market at lower prices, although I’m holding off for a move below 5k on Bitcoin. I also took the decision today to close even more positions in some of the cryptos I no longer have strong belief in (<a href="/markets/ethereum" class="e-link">$ETHEREUM</a> and <a href="/markets/ada" class="e-link">$ADA</a>). Again, although very substantial losses, these were closed well above the price at time of writing. Cryptos: <a href="/markets/bch" class="e-link">$BCH</a> 2 shorts for 6.22% &amp; -4.86%, a small win overall <a href="/markets/eos" class="e-link">$EOS</a> 1 loss of -19.71%, closed at 4.40 <a href="/markets/xlm" class="e-link">$XLM</a> 1 loss of -20.02%, closed at 0.2182 (not quite as good given the stronger performance by Stellar) <a href="/markets/btc" class="e-link">$BTC</a> 5 losses of -26%, -32.14%, -0.73% &amp; -1.66%. 1 profit of 2.71%, two longer term positions and 3 day trades. Far from ideal, but given they were all closed at around 5500-5600, not the worst considering the recent movement <a href="/markets/xrp" class="e-link">$XRP</a> Do not adjust your screens, one swing trade closed for a profit of 4.88% after just a few days Stocks: <a href="/markets/atvi" class="e-link">$ATVI (Activision Blizzard, Inc.)</a> 1 profit of 0.29%, a manual SL, I was hoping to see something bigger <a href="/markets/etsy" class="e-link">$ETSY</a> 4 profits of 5.94%, 4.17%, 1.51% &amp; 1.53%. 1 loss of -0.53%, not too bad, a couple of long-term trades closed, the rest day trades <a href="/markets/amd" class="e-link">$AMD</a> 4 profits of 0.83%, 11.27%, 7.35% &amp; 1.58%, again all from day trading. I’m pretty happy with my results here <a href="/markets/nsdq100" class="e-link">$NSDQ100</a> 3 profits of 0.61%, 0.51% &amp; 1.39%, two shorts, one long. Nothing huge, but these were actually very well timed trades that performed about as well as they could have given the low leverage <a href="/markets/uk100" class="e-link">$UK100</a> 1 short closed for a profit of 0.43% <a href="/markets/snap" class="e-link">$SNAP (Snapchat Inc)</a> Another short closed at 1.22% in the green. Just a few more positions left in snapchat, but I’m hoping to hold those a little longer <a href="/markets/gbpusd" class="e-link">$GBPUSD</a> This is an instrument I’ve only traded a couple of times in my life, but the drama around the Conservatives this week was too good an opportunity to pass up on. If I were more experienced in trading it I’d have stuck it out longer. Very low leverage used for 1.32% profit <a href="/markets/msft" class="e-link">$MSFT (Microsoft)</a> Another swing trade, this time for 4.04% profit Looking Forward A warning for you all this week. As Bitcoin has dropped below this major long-term support it looks increasingly likely that this bear market will stretch out into next year, possibly even another year from where we are currently As you can see I have already taken some action towards the end of last week and again today, but I will continue to keep exposure, perhaps it will end sooner, this is crypto after all. I just wanted to ensure you are all prepared for the likely scenario this entails 1. I am unlikely to finish much above -40% for the year unless something dramatic changes in crypto or the stock markets 2. Your stop losses may be at risk, it is up to you to decide if you want to try and ride it out with a wider SL, or if it’s better to keep it in place 3. You are likely to become more emotional about your losses the longer this lasts (congrats for making it this far at least). Be aware of this and try to think logically about and decisions you make. I’m more than happy to answer questions and concerns providing you are not rude or trolling With that all being said, I am still majorly bullish for crypto, every week there is more and more exciting news coming from the space, I have not given up on it, and have no plans to do so. ... Show More
YouTube
youtu.be
https://youtu.be/SsZZWbSrIU0
Jay Edward Smith
Jay Edward Smith @jaynemesis
Turn on notifications
Flag as spam
First of all - this isn't a witch hunt, if you saw this comment before it was removed and know who it was don't go chasing them, please don't tag them here. I removed any clues as to who it was for a reason. Before you comment please read the full post. :) Just one day after some great positive comments in the eToro Thanksgiving thread I received this. I wish I could say this is rare, but I&#x27;d actually say posts like this make up over 25% of all the messages I receive across social media, email and eToro by other users and copiers. A few weeks ago I addressed peoples frustrations quite directly following a post by <a href="/people/greavesy1984" class="e-link">@greavesy1984</a> who made a great post asking for more respect and positivity in the comments. I didn&#x27;t discuss this then, but now it feels appropriate. When the last major bear market hit cryptos, a few people I knew in the community took their own lives after they were drawn down by over 75% of their investment. I was in the same boat, and previously suffered from depression for several years. Bear markets are not a joke, losing money is not a joke. I take eToro seriously, and from my experience, so do all the other PI&#x27;s. Comments like this could be what pushes someone over the edge. I know what it&#x27;s like to be drawn down like my copiers are. I know what it&#x27;s like to have invested more than you should have, and to think perhaps you made a mistake? In 2013 over 90% of my entire net worth (not much) was invested in crypto. I know what it&#x27;s like to be angry about the situation, but there is no excuse to ever treat another human being like this person did. To be clear: I&#x27;m fine, built a thick skin over the years, this isn&#x27;t some sort of plea for sympathy. I know that I have not performed as many of my copiers expected, and I accept responsibility for a lot of that. I just wanted to highlight this issue. We&#x27;re coming up to the holidays, a stressful time of year for many, and a terrible period for anyone who&#x27;s alone or down on their luck. Please try and stay mature about this stuff. There are more important things in life than money. As always, I&#x27;m more than happy to have a conversation with anyone who can show a basic level respect in their comments. Happy Thanksgiving. (I think that&#x27;s what they say?) ... Show More
MaximusBn
@MaximusBn
Turn on notifications
Flag as spam
$BTC game over : end of miracle and hard come back to the reality ... Show More
Jay Edward Smith
Jay Edward Smith @jaynemesis
Turn on notifications
Flag as spam
$BCH Looks good for the ABC fork so far. I never thought I'd say this, but I really hope it survives. Would be great to see faketoshi get rekt after the chaos he's caused this week. ... Show More
Jay Edward Smith
Jay Edward Smith @jaynemesis
Turn on notifications
Flag as spam
Week 45 Update: etoro.tw/2JWJGMX Stats given cover closed trades for the 5th November - 11th November My total realized profit from the past week is 1.08% Overall the portfolio is up 2.42% from last week Profitable trades closed: 34 Unprofitable trades closed: 2 Most traded instrument: $AMD (Advanced <a href="/markets/amd" class="e-link"> Micro Devices Inc)</a> (15 Trades) As we move into November things are looking reasonable in terms of trading results. As you can see above the overall portfolio increased by just shy of 2.5%, with 1.08% of profit from closed positions. This week I was extremely active in trading both <a href="/markets/etsy" class="e-link">$ETSY (Etsy Inc)</a> and <a href="/markets/amd" class="e-link">$AMD</a> with the majority of trades this week coming from day-trading. As promised last week there were no closes above 10% loss, in fact they were both below 5%. The Nasdaq looks fragile right now as it was denied by the 200MA on the daily chart. The theory of a dead-cat bounce appears likely to play out as we move into the week, perhaps testing the 7000 Nasdaq Composite low seen the previous week. Although I have began taking some serious exposure to a few stocks, I believe we are better situated to handle the drop this time around Cryptos: No crypto trades this week, the high spreads simply do not fit well with day-trading, so I am unlikely to close many trades in crypto until we are firmly back into bull-market territory Stocks: <a href="/markets/snap" class="e-link">$SNAP (Snapchat Inc)</a> 2 shorts of 3.62% &amp; 2.06% profit, in hindsight I could have let these ride a good distance further, but my strong day-trading performance lead me to close to increase available balance for trading <a href="/markets/amd" class="e-link">$AMD</a> 15 trades, 13 profitable ranging from 0.09% to 7.68% and two losses of -3.90% &amp; -4.71%. As explained in the news section about Next Horizon, I am extremely bullish on <a href="/markets/amd" class="e-link">$AMD</a> yet again, and am confident that next year we will surge through the previous $30 highs and maybe, just maybe AMD could climb to a new all-time high if the market conditions are favourable. As a result I have continued to build more exposure in AMD after the Next Horizon event, and despite some lingering uncertainty in the wider market <a href="/markets/atvi" class="e-link">$ATVI (Activision Blizzard, Inc.)</a> 2 shorts early in the week for 0.12% and 0.24% profit, and a long at the end of the week for 2.03% profit. The drama around Diablo is ongoing, but I believe the new title could be a really big hit and that the move towards mobile is sensible for the Blizzard titles, providing they continue to maintain their high-quality PC and console content. One of the noteworthy things from their earnings was the success of Overwatch League, which significantly breached expected revenue. In a market that is still growing this is very encouraging <a href="/markets/etsy" class="e-link">$ETSY</a> 10 trades, all profitable, between 1.02% &amp; 36.45%, <a href="/markets/etsy" class="e-link">$ETSY</a> was one of my big bets back in Q1/Q2 for the remainder of the year. And this earnings did not disappoint, huge growth and great forecasts. As with the previous big bunch of earnings I am writing up my thoughts for a blog post later this week. I also day-traded the volatility quite a bit, some great trading overall that I’m happy with <a href="/markets/aapl" class="e-link">$AAPL (Apple)</a> 1 trade for 0.69% profit. I was hoping for a little more, but you have to take what you can get really <a href="/markets/msft" class="e-link">$MSFT (Microsoft)</a> 2 trades for 1.92% &amp; 1.17% profit, Microsoft has shown some resilience to the recent downtrends, a few nice trades here <a href="/markets/intc" class="e-link">$INTC (Intel)</a> 2 brief shorts for 0.21% &amp; 0.04% profit, I slightly messed up these trades. I expected a bigger downturn as a result of AMD’s unveiled new server CPU’s, but the stock was relatively muted dropping by around 2% at it’s most. Eventually both trades closed on stop-loss for marginal profit <a href="/markets/tsla" class="e-link">$TSLA (Tesla Motors, Inc.)</a> 1 trade for 2.22% profit. Similar to Microsoft Tesla appears to be shrugging off the broader market sentiment Looking Forward Straggling earnings calls such as <a href="/markets/nvda" class="e-link">$NVDA (NVIDIA Corporation)</a> and <a href="/markets/wix" class="e-link">$WIX (Wix.com Ltd )</a> will round up Q3’s earnings period for us. Bitcoin Cash’s fork is due to land in approximately 48 hours, I’m preparing popcorn ... Show More