- 1 November 2022
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Video with English Audio
Video with Italian Audio
My portfolio in October has gone up by 1.26%.
Currently, 14 people are copying my portfolio.
I am a Cadet Popular Investor.
The month of October closed with a profit of 1.26%.
My portfolio is recovering from a negative start of the year.
In the month of October, there a been a huge tech stock sell-off driven by the disappointing earnings report of Google, Microsoft, Amazon and Meta. However, the major indices have closed the month in profit. I want to mention that all my positions on Twitter have been forced to close after the company acquisition by Elon Musk.
On a short-term basis, there is room for the markets to go up as shown by the indicators. This week there will be a new FED meeting and any good news from them, such as slowing the interest rates hikes will be a reason for the markets to rally. Another reason that can lead to a positive movement in the markets is the result of the mid-term election. However, we are not in a bull market yet, so it is important to remain cautious.
The current asset allocation of my portfolio is:
- 21% Stocks
- 29% ETFs
- 50% Cash
Last month I closed all my short positions in profit on stocks.
I have only long positions open on my portfolio, at the moment.
I raised my cash in balance, which I am planning to use to open new positions at the right time.
The risk score of my portfolio increased to 5 after I closed all the short positions.
These are my recommendations for copiers and anyone who wants to invest in my portfolio:
- Be patient and remain calm
- Keep the copy open for long term
- Invest at least 1000 USD
If you have less than 1000 USD, you can start with a lower amount now and add more later.
If you can, keep adding funds to the copy every month.
My 2022 goals are:
- To close next months in profit
- Keeping the risk score low
- To become a Champion Popular Investor.
In Summary, last month my portfolio closed at profit.
I am expecting the markets to go up in the short term.
Now is a good time to start investing in my portfolio, if you are new or you can add more funds to the copy if you are already a copier.
Thank you for watching this video.
Please subscribe to my channel and press the like button.
If you have any questions or feedback get in touch via email or social media.
See you in the next video. Bye.
How to copy my portfolio
If you want to invest in my portfolio, please follow these steps:
1. Create a new account on eToro, via the following link https://federicamontella.com/go/etoro/
2. Go to my eToro profile: https://federicamontella.com/go/etoro-passionforprofit/
3. Click on COPY