October 2023 eToro Portfolio Update – PassionForProfit

Hello and welcome to the October 2023 eToro Portfolio Update.

PI Statistics

I am a Cadet Popular Investor.
My eToro username is PassionForProfit.
The risk score of my portfolio is 5
Currently, 14 people are copying my trades.

Portfolio’s Performance

October has been a negative month for the US stock market.
All three US major indexes closed the month with a loss the S&P 500 closed at -2.20%, the Nasdaq -2.78% and the Dow Jones -1.36%.
Because of this, my portfolio in October decreased by 1.55%, but has performed better than the big US indexes.

Market Forecast

The next two months of the year are usually positive for trading.

Today, 1 November, two important data are going to be released that could have an impact on the financial markets.

The Federal Reserve, at 18:00 GMT, will announce the next monetary policy decision. Investors are expecting a pause, so the interest rate will stay steady in a range of 5.25% to 5.5%.

Jerome Powell will attend a press conference half an hour later. The attention will be on the possibility of another rate hike in December.

The US job market data influence the next interest rate decisions. Today are going to be published the JOLTs Job Openings for September 2023 that are expected to be less than the previous months.

The stock market sentiment is in Fear mode.

Asset Allocation

The current asset allocation of my portfolio is:

  • 43% Stocks
  • 47% ETFs
  • 10% Cash


These are my recommendations for copiers and anyone who wants to invest in my portfolio:

1. Be patient and remain calm
2. Keep the copy open for long-term
3. Invest more than 2,000 USD

If you have less than 2,000 USD, you can start with a lower amount now and add more later.
Now is a good time to start investing in my portfolio if you are new, or you can add more funds to your copy if you are already a copier.


My 2023 goals are:

  • To close this year in profit
  • Keeping the risk score low
  • To become a Champion Popular Investor

Get in touch

I want to take this occasion to thank all my copiers for your trust.
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.

Federica Montella
eToro Popular Investor

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

eToro Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Crypto Investing Risk Warning

Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Read the full disclaimer

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Author: Federica Montella
eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.