Nabil Sifo @NabilSifo: "𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐫𝐚𝐬𝐡..."

Germany

𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐫𝐚𝐬𝐡 𝐀𝐟𝐭𝐞𝐫𝐦𝐚𝐭𝐡 Dear Copiers and Followers, Here is a short version of the portfolio update, as promised yesterday. Our portfolio was also hit by the market crash, and this erased all the gains we accumulated in October so far. Now we are at -0.72% in October, with a year-to-date performance of 52.96%. 𝐋𝐞𝐭 𝐦𝐞 𝐬𝐭𝐚𝐫𝐭 𝐰𝐢𝐭𝐡 𝐦𝐲 𝐭𝐚𝐤𝐞 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐫𝐚𝐬𝐡. I believe the market was trading on a good premium and was ready for a healthy correction (or just a drop) to justify the inflated price tag. Now, with the recent tweet of President Trump about possible tariffs on China just weeks before the scheduled meeting with President Xi for trade negotiations, the market got the trigger it was waiting for, and a broader market pullback took place. The crypto market suffered more than the stock market as leveraged positions got forcibly closed. The drop last Friday for many stocks makes, in many ways, no sense, as stocks like $UNH (UnitedHealth) $HIMS (Hims & Hers Health Inc) or even $ONON (On Holding AG) have absolutely zero impact from the US-China tariff escalation or trade war. This is why I want to remind you that the market recovers as quickly as it crashes when the crash driver is not economically justified. We already experienced this earlier this year. As I am drafting this post at 06:00 AM Germany time, the crypto market is showing signs of rebound. I am optimistic about the market, even if the situation gets worse next week. It always gets darker before the sunrise. And maybe we have a good chance of buying the dip. 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐂𝐡𝐚𝐧𝐠𝐞𝐬: The last week was relatively slow-paced. I took advantage of $AMD (Advanced Micro Devices Inc) share rise and took profit on our investment there. The free capital was directly invested in $ONON where I believe the risk-reward ratio is quite tempting. In the coming week, I am looking at some buy-the-dip opportunities and already tempted by $BTC and $MELI (MercadoLibre Inc) . Best regards, Nabil Sifo I am a professional risk modeler and an Associate Member of the Chartered Institute for Securities & Investment (CISI), London. All posts reflect my personal opinions only and do not constitute, nor should they be interpreted as, financial advice or a recommendation to buy or sell any securities. 𝐑𝐢𝐬𝐤 𝐖𝐚𝐫𝐧𝐢𝐧𝐠𝐬: Copy Trading does not amount to investment advice | Your capital is at risk | Past performance is not indicative of future results.