WEEK 27 SUMMARY

First of all ... Come on Italy! For the second time we are European champions! But now let's move on to "serious" things.

Hi guys!!

Week closed in balance until Friday, so the last word awaited the cryptocurrencies that, as always, do not disappoint us and make us close the week with a loss of even just 0.29%, last weekend they had done much better.

Strange week, we closed in negative every day of the week (wow!) Except Friday (and Sunday) which thanks to + 1.65% makes us close the session in parity while the nasdaq dragged by the big tech closes at +0, 44% and in June it reaches + 1.36%, so we are far from reaching it but the conditions are there and it is possible to reach it and soon I will explain why (I add that Monday was the worst day, the markets USA were closed so the loss is exclusively linked to crypto and the HK market).

• Total July -1.52%

• Total 2021 (from March 2021) + 4.90%

Performance: 3/5 - We underperformed the nasdaq every day except Friday, however 4 orders placed this week were closed in a matter of days and helped us recover 1% of the total assets. We will see them in detail later.

Satisfaction: 4/5 - Satisfied with the opportunities that have opened up, especially SPCE, for some time I had an order set at 43 and finally it entered and in less than 2 days it made us earn 16% (0.47% of the total heritage) I will not talk about the milestone reached today, the event was beautiful and marks a point in our history.

Some time ago I created a post about SPCE that you can read here:

VIRGIN GALACTIC ANALYSIS- https://etoro.tw/3i2uX4A

I opened 8 new positions and 4 have already reached their TP, the remaining ones are 2 negative (DOYU and PLTR), 2 positive (NNDM and YADEA) and one in breakeven (TTCF).

We have therefore accumulated for the next week which promises to be interesting!

Is it a good time to start copying? Given the market conditions, open positions last week and our July YES performance, I believe this is a great time to start copying. Do not you believe it? Copy me to your virtual wallet (it's free) and we'll discuss it next week!

However, looking at our TOP and FLOP 3 in our portfolio we can see that the week went well:

TOP 3:

1. SPCE + 9.48%

2. NIU + 8.49%

3. YADEA + 6.87%

Our FLOP 3 instead consists of:

1. DOYU: - 17.92%

2. ETC: -12.77%

3. DOGE: -11.45%

We see that FLOP3 is significantly worse than our TOP3, so the trades made this week have helped us enough to offset the losses.

DOYU has momentarily become our largest position, I have 3 open positions as I cannot refuse this purchase opportunity. I think it will soon return to 7, for now we are in uncharted territory but it is a company that is worth more than $ 10 per share (at least).

Now let's move on to closed positions:

- Total closed transactions: 6

- Profitable: 100%

- Average duration of operation: 13 days

- P / L total asset: 1.08%,

- P / L total asset daily: 0.43%

So let's beat our weekly target

Here the report of closed transactions, I have inserted a pie chart hoping that it will help in reading the P / L% daily of the invested assets (therefore gain or loss in% daily) and the P / L% Total assets, I believe them perhaps the two most interesting:

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

I would be delighted if you would like to leave me a Feedback to simplify the reading of the report.

From next week I will count from Saturday to Saturday because the Sunday P / L is not accurate since Etoro updates the statistics only the following day.

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