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Week 26 summary

  • francescoturturici
  • Jul 4, 2021
  • 3 min read

Updated: Jul 4, 2021



Hi guys!


We gain 2.36%, the nasdaq closes at + 1.94%, however the first 2 days of July were not good and for the moment we are down 1.66% this month.


  • Total July -1.66%

  • Total 2021 (from March 2021) + 5.09%


Today (Sunday) we are recording an increase of 0.4% at the time of writing.


Performance: 3/5 - We only beat the nasdaq 2 days this week but still see a bigger gain in week 26

Satisfaction: 4/5 - I am satisfied with last week's profit taking following the correction recorded in the last 7 days of SPCE losing 20% ​​and NNDM losing 12%. I took the opportunity to open a new position. Cryptocurrencies are doing well.


Let's see our TOP and FLOP 3 of our portfolio:


TOP 3:


  1. ETC: + 9.57%

  2. BNB: + 9.61%

  3. COIN: + 7.21%


At the time of writing, followed by ADA and ETSY (+ 6.90%)


Our FLOP 3 instead consists of:


  1. NNDM: -12.20%

  2. COCP: -11.11%

  3. PLTR: -8.74%

In fact, we have only COCP in our portfolio for more than a week. NNDM I bought it on Friday before closing at $ 7.6, for several weeks we have been seeing this pump and dump as mentioned above, so we are taking advantage of it. For the moment it is the stock that I have traded the most lately.


PLTR also i bought it at $ 25.8, I was not expecting a trace at $ 24.5. I placed an order at 24 if it arrives, I could modify it based on the market trend.


Also for SPCE I have an order at 43, on Thursday it closed at $ 43.2, so the order did not enter, too bad because on Friday it opened at over 20% and then closed at + 4%.


ETSY, on the other hand, on Monday 28 June announced the acquisition of the online marketplace Elo7 for $ 217 million.


Now let's move on to closed positions:

  • Total closed transactions: 2

  • Profitable: 100%

  • P / L: 0.33%, slightly less than 0.42% of our weekly target.

Here is the report of closed operations:


I will elaborate a post on how to read the weekly report but in a nutshell it can be summarized as follows:

  • Duration: number of days of the operation, 1 day is an intraday (open and closed on the same day)

  • P / L%: gain or loss in% of the assets invested in the transaction

  • P / L% daily: gain or loss in% of the assets invested in the transaction compared to the duration expressed in days

  • P / L total asset: gain or loss as a% of the total assets available

  • P / L total asset daily: gain or loss in% of the total assets available compared to the duration expressed in days

__________________________________________________________________________________


If you intend to copy me you are welcome, you are free to start with the minimum amount and gradually add funds if you want!


But first take a look at my background:


𝗕𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱


I consider myself a long-term investor, however I realized that investing in the long term and being copied do not agree on Etoro. In fact, keeping operations open for a long time will cause misalignments with the copier's portfolios. This is why I have decided to operate exclusively in the short term (days or weeks) to avoid misalignments. Precisely for this reason I will always carry out more operations with the mentality of the long term. This means that it is a speculative portfolio, I will not invest in the stocks of the moment, but I will rely on my fundamental and technical analyzes. I don't like investing in many companies, the maximum number for me is 30, plus I'd find it hard to keep up to date. Few but good, I am still constantly looking for new companies that can enter my portfolio to diversify as much as possible.


  • 𝗧𝗮𝗿𝗴𝗲𝘁 - Get a profit of 20-30% in one year

  • Risk - between 5-6

That's all for today, I wish you a good night / day / evening!

Opmerkingen


© 2020 by Francesco Turturici

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