October 2022 eToro Portfolio Update

  • 1 November 2022
  • Posted by: Federica Montella
  • Categories: eToro CopyTrader, Investing
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Video with English Audio

 

Video with Italian Audio

 

 

Video transcription

Hello and welcome to the October 2022 eToro Portfolio Update.
My eToro username is PassionForProfit.

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.

Federica Montella
Popular Investor presso eToro
PassionForProfit

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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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.

Partners: Osom One, Vincenzo Stefanini, Federica Montella, Crypto Breaking, Visit Tenerife, White Shop, Soccavo Magazine, Leggo Fuorigrotta, Night Awards, Capodanno Napoli, Come To Dubai