Macchia69 @Macchia69: "Apologies for the prolonged silence...."

Italy

Apologies for the prolonged silence. The markets have been quiet, I’m off the trading grid on the upper side, and I've only made a few trades in the past month. I recently came across a video by @felixfallax that I wanted to share with you. In it, he discusses the so-called “Investing is Easy Brigade,” referring to those who promise much but often deliver disaster. I was relieved not to be featured in the video 😅, although my portfolio does meet two of his three "doom red flags." I use leverage and am currently shorting mainly one asset, but I'm not “all in”, and I'm not strictly a bear trader. Let me explain these differences and share my outlook. Firstly, I'm not all in. Even during good times, I kept about 65% of the portfolio in cash. Though I faced criticism for this, having that cushion has prevented significant losses in this phase. We're still navigating tough times, and while I may need to adjust my grid strategy, I believe any hit will be minor. I also expect to end the year in the black, both on eToro and in my own scores (realized v. unrealized gains). Secondly, I'm not a bear trader. I’m shorting now because I believe the $UK100 I trade is overvalued. This is my assumption, and it could be wrong. As fundamentals, macroeconomic factors, and geopolitical influences unfold slowly, it’s easy to end up on the wrong side of events every now and then. However, I hope this period won’t last too long. Overall, I liked the video, its sometimes irreverent tone effectively highlights the risks of blindly following eToro’s PIs without understanding the underlying strategies. As I always say, it's crucial not to invest all your assets in volatile PIs, not even me. They can yield profits, but they also carry the risk of significant losses. Trade wisely, Alex youtu.be/z6iDzY6jEnU?si=dpvzBFA-umtQclDF

The "Investing is Easy" Brigade (Do They Have It All Sussed?)

youtu.be

It's been a good year so far for most people on eToro. Stocks are up, crypto is up, everyone is making money. Concepts of being able to make 20% CAGR, 50% pe...

2 Mentioned

UK100

felixfallax