In May 2023 I started investing and trading at Etoro. This is a review of my trading and investing performance. The portfolio stats are the stats generated by Etoro on my personal private dashboard.

I will look at risk, growth, and cash flow, and I will compare the trading part of the portfolio with the investing part.

Here is my performance curve (May - Oct 2023) to start things off.

Risk

Etoro scores each portfolio from 1 to 10. For more info see: https://www.etoro.com/customer-service/help/64684187/how-does-etoro-calculate-and-present-risk/

I aim to maintain an average risk score of 3-4 and a max risk score of 6-7.

My average risk score was 3 for the past 6 months. In October the max risk score rose to 6.

Growth performance compared to benchmarks

My portfolio vs SPX500

In May, June, and Juli my portfolio kept up with the S&P500 index. Then, as the index started to turn down in August, September, and October my portfolio kept moving up.

My portfolio vs NSDQ100

The NASDAQ did better than the S&P500 but also turned lower.

My portfolio vs EUSTX50

The European stocks have shown negative performance. That is easy to beat.

My Portfolio vs Bitcoin

Even though Bitcoin has pumped in the past week, my portfolio outperformed it by a few percent. Of course, my portfolio was a lot less volatile.

Cashflow

About 40% of my portfolio is in ETFs, which might pay dividends in addition to potential growth.

Expected dividends

Breakdown

Trading vs Investing

I keep a trading log where I record all my trades. I place all the trades on Etoro using the cash balance in my portfolio as a trading margin.

Looking at my record I did 23R in May – October 2023. Risking 1% per trade it means that the trading performance was 23%

The overall portfolio performance is only 18,5%.

This would mean that the investing part of my portfolio had a performance of -4,5%.

Conclusion

My investing portfolio although it is down did keep up with the overall market. It did slightly worse than the S&P500 and better than the EUSTX50. The investment side of my portfolio has been modeled and this showed that it will outperform the market in the long term.

Therefore I see no need to change course for the investing part of my portfolio.

Concerning the trading part, I will try to keep up the performance by staying disciplined in following my trading plan. I will also back-test more FX pairs and add the ones that are profitable with an acceptable drawdown. I will also consider testing and trading non-FX assets, such as indices, metals, energy, and commodities.

For more info go to: https://davetromp.com/invest-with-me

October 29th 2023

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