Federico Sellitti @federicosellitti: "So, you want to become..."

United Kingdom

Edited

So, you want to become a millionaire and a top Popular Investor on eToro, no matter what? Then I have a mathematical formula for you, that will beat the $SPX500 consistently every year, allowing you to manage millions here on eToro. This is a mathematical formula that gives you 100% certainty to beat the S&P500. A word before starting. This will exploit a questionable formula that eToro uses to calculate monthly returns. It's highly unethical and, if you ask me, it should be illegal. Yet, most top Popular Investors take advantage of it, caring only about growing their wallet, not the ones of their investors. I'm going to share the formula eToro uses to calculate monthly returns. If you are not good at math, don't worry, you can skip this part. The formula to calculate monthly return is: [(E1 + W) - (E0 + D)] / (E0 + D) Where: E1 = Equity at the end of the month W = Withdrawals E0 = Equity at the beginning of the month D = Deposits Now, imagine you have $10K, you are losing 5% ($500) and you make no deposit. [($9,500 + 0) - ($10,000 + 0)] / ($10,000 + 0) = -0.05 = -5% Now, you make a deposit of 30% ($3K) before closing the month: [($12,500 + 0) - ($10,000 + $3,000)] / ($10,000 + $3,000) = -0.0385 = -3.85% Tadaaan! Your investors are still losing 5%, but in your statistics, you are losing 3.85%. Pretty convenient to attract new investors who will believe that you are a wizard at handling losses, when, in reality, you are just depositing money :) So, how to consistently beat the S&P500? 1. Deposit $100 on eToro and buy the S&P500 with it. 2. Double your amount at every negative month. Make sure to deposit at the end of the negative month. 3. Withdraw part of the funds at the beginning of the next month, ready to be deposited again in case you have another negative month. 4. Enjoy thousands of copiers. The image shows returns of the S&P500 and your portfolio doing as mentioned above, from 2022 till today. It also takes into account that depositing during drawdowns will average down the entry price, which will lead to further gains during upward movements (that your copiers won't get, but who cares about your copiers, right?). In 2 and a half years, you have absolutely destroyed the S&P500. You have outperformed the S&P500 by more than 5 times, with a +411% over the S&P500. If you had started in 2016, your return would be 10,000% over the return of the S&P500. Quite ridiculous, but many people will believe it, because they come here to trust PIs with their hard earned money. Many of them don't work in this industry, so it's not on them to protect themselves, it should be on the PI and on eToro. Anyway, now, you have a nice track record, can brag in your posts that you have an annualised return that is beating all the indices, and enjoy getting paid thousands of dollars, even if you are doing absolutely nothing but copying the S&P500 :) If you want to take this to the next step, like many top PIs do, just pick your own stocks instead of copying the S&P500. You can pick volatile stocks in the tech and bank sectors, as you will gain more during positive months and you can deposit during negative months. Your stats will be even better and investors will also think that you know what you are doing, since you are cherry picking your stocks instead of copying the S&P500. You may wonder why I am not doing this. As you can see, it's not because I don't know how to do it. This is basic math for someone in this industry. It took me less than 2 months on the platform to find out this method that many top PIs are using. I know about it, I know I cannot compete with PIs manipulating their statistics, but I still won't deposit a cent during negative months. First of all, because depositing money exposes my copiers to alignment, which means that eToro closes and re-opens investors' positions, letting them pay the spread once again. While I earn % in my statistics, my investors lose money. Another reason is that I have dedicated 17 years to trading and investing. Many mistakes were made, much was learned, and there is still much to learn. I went to University to study this. Took 6 CISI exams to reach the highest qualification for this. Passed the CFA, and God knows how many hours I spend every day to study companies and backtest strategies for this. My purpose in life is to be the best at what I do and have people benefiting from what I do. I cannot care less about my own money. So, yes, many will not see this post and will keep copying top PIs who manipulate their stats, just to complain then that their returns are not the same of the PI's returns. Many will see this post and will start their own account to become a top PI, with questionable ethics. I hope that a few others will appreciate that, despite not having a chance to compete against manipulated stats, my account offers the two hardest commodities to find in this industry: honesty and transparency. Thanks for reading. $NSDQ100 $DJ30 $BTC $NVDA (NVIDIA Corporation)

5 Mentioned

SPX500

NSDQ100

DJ30

BTC

Bitcoin

NVDA

NVIDIA Corporation