Monday, November 30, 2020

SOUND BOARD: Etoro Social Investing Update


WOW! 

It's been a while since I have updated this blog. Today is November 30 and it's Bonifacio Day, a holiday, a non-trading day in the Philippines. This is a very special day so I want to celebrate this day by updating this blog. What a weird way to celebrate! Hehehe.

Anyway, I am just happy to share with you that the traders I copied in Etoro are now making profits after experiencing volatility in US stock market. There has been a renewed optimism in the market after news of potential vaccines against COVID-19 came out. 

I will be doing a separate blog on what led me to social investing in Etoro and what led me to "copy trade" Miyoshi, jianswang and MarianoPardo, so please watch out for that.

I started to copy trade Miyoshi in May, and jianswang and MarianoPardo in October. So far, jianswang's cumulative performance in just one month is superb at 14.19%. 

My profits from my initial investment in Miyoshi has always been steady at 4% to 8% since May, but I hope that it will still improve in time for the yearend. Meanwhile, my profits from MarianoPardo are now climbing up and starting to pick up the pace after I suffered a paper loss of at least 4% early in November because of him. Good thing, my investment horizon for social investing is long-term, thus I am not rattled by that temporary drawback in my portfolio. 

In any case, I trust that the trio would be able to sustain their profitable performance given any market condition because they are skillful traders --- precisely that is why I chose to copy trade them. They know what to do!


Etoro Portfolio as of 30 Nov 2020


Etoro newsfeed as of 30 Nov 2020