uinci1103 @uinci1103: "I did nothing… Hello hello everyone..."

France

Edited

I did nothing… Hello hello everyone ! This month has been special : I did nothing. Yup, no trades. In a world where everything has risen again on pure expectations of lower rates soon, despite escalating wars everywhere around the globe, still struggling households with high inflation, and more, I thought I’d remain passive with 50% cash in hand + some $SQQQ as one of our top positions to surf any downturn.. Turns out it played out nicely. We are down 60 bps this month when $NSDQ100 and spx500 tumbled.. Don’t get me wrong, I am not happy to be down this month, but happy to see that sometimes doing nothing can be more efficient than trying to trade around these types of movements.. Having said that, I am looking at earnings season to deploy capital.. $TSLA (Tesla Motors, Inc.) fundamentaly remains strong but expectations have fallen significantly driven by price cuts.. deliveries might disappoint in the upcoming results today.. I’ll be opportunistic if so.. Later this week, $META (Meta Platforms Inc) might continue to glow on number with work around AI in focus that could help.. I might buy some today or tomorrow. Finally, I let crypto names fluctuate around that halving.. we traded those earlier this year successfully and sold all in March but we might re open $ETH at those 3k level.. Anyway, that’s about it.. On another note, being passive doesn’t help me in the Popular Investor Program here on etoro as copiers like action I guess. I am seeing my copiers base slowly fall but I will Continue and try to be the best I can for myself and those who still stick around despite that… I would love nothing more than keep on growing our followers and copiers community, so if you have any trade ideas, post suggestions, ill do the work.. let me know Thanks to all Ufuk

5 Mentioned

SQQQ

ProShares UltraPro Short QQQ

NSDQ100

TSLA

Tesla Motors, Inc.

META

Meta Platforms Inc

ETH

Ethereum