Search
  • Jay Smith

eToro Update - Week 28 2018


Hi everyone, no video this week as our house has had a virus going around it, so all of us are in various stages of dying at this point. This will be a fairly barebones post this week, as I’m still recovering.

Stats given cover closed trades for the 9th July - 15th July

My total realized profit from the past week is 0.40% Overall the portfolio is down 0.44%

Profitable trades closed: 19

Unprofitable trades closed: 1

Most traded instrument: $SQ (6 Trades)

A small realised profit alongside a small unrealised loss for the portfolio this week. 20 trades in total means we are back to the usual levels of activity. This week we also have the $NFLX and $MSFT earnings calls to kick off earnings season.

Some drama this week for cryptos after Coinbase made an announcement of a non-announcement. Coinbase listed 5 cryptocurrencies that they *might* be adding at some point in the future. The currencies listed were $XLM, BAT, 0x, $ADA and ZEC. This came under heavy criticism on twitter for purposely causing pumps in coins that may never even be listed.

Cryptos

$XLM - Was one of our winners from the Coinbase Drama, I closed a trade opened only a week ago for 6.4% profit.

$EOS - 0.5% profit, just a quick trade.

Stocks $SPOT - An opportune trade after Spotify jumped to a new ATH, it looked oversold so I shorted for a small profit of 0.75%.

$FB - 1.1% profit from another quick trade.

$SQ - Tidying up the portfolio a little ahead of earnings. I expect Square to do well, but their price has surged this year and taking some profits was a sensible option. Two of the six trades were closed at 19% and 20% profit respectively.

$AMD - Two trades of under 1% profit, with AMD hitting highs not seen in several years I’m cautious ahead of earnings, especially given rumours of $NVDA announcing it’s next gen graphics cards.

$SEDG - Two trades around 1% & 4%

$NFLX - Two solid trades, one at 3.9%, the other at 5%, it’s been volatile ahead of earnings on Wednesday and I’ve taken advantage by trading that volatility.

$SHOP - One trade for 1.7% profit, I plan to hold on to my positions here for earnings.

$OIL - Finally closed my remaining oil short as they are no longer offering refunds on shorts. The only loss making trade this week at -37.8%.

$TWTR - Two small trades of 0.2% and 0.3% respectively, every little helps!

I promised to release my Q2 report over the weekend, but was not anticipating both myself and Jesse falling ill. As such it is delayed by a few days, but we are hoping to push it out as soon as possible. As always, comments and questions are welcome!


83 views

Recent Posts

See All

Adding funds to my eToro account

<IMPORTANT UPDATE> Hi everyone, today’s update is not about trading, but about your copies, the eToro popular investor program and adding funds to my account. It is important that you take the time to

Follow me