Monthly Review, find out all informations about my Trading activity during February 2020
***** Feb 2020Julien’s profile
Trades closed in Profit : —> 62 ✔️
Trades closed with lost : —> 1 ✔️
***** This Year
YTD-R (Realized) : —> 7.75% ✔️
YTD (Realized + Unrelized equity) : —> +12.37% ✔️
Well Feb-2020 , was a very specific month ! With the first part of the month looking like january . both Crypto and Stocks going up to the moon ! During this period portofolio was up about 10% . It is during this period we closed maximum of profitable trades.
And then come the Covid-19
And then come the Virus ! Giving to the market the perfect opportunity for a major correction . The last week of the month, with only 3 trades closed on 62, the second worst week for SP500 & Nasdaq (arround -16%). We have to go back to the major WorlWide crisis of 2008 to see worst week !
Stock fall was not enough, Crypto bounce back too in the same time. BTC for exemple lost about 15%.
How to manage it
During this week, we don’t close any trade with lost . We accumulated some Floating lost , try to take news positions on both Stock and Crypto. The main think is not to panic and sell we lost ! … Waiting the storm is over and looking for best opportunities is the way.
Accumalting temporarly floating lost is part of my strategie. That is why it is important , when you start a copy-trading on eToro to set correctly the CopyStopLost .
The month ends on a small red score -3.53% , but we are still on track for the anual result (YTD 12.37%) . With this augmentation of the floating lost, it’s a good moment to start a copy, but keep in mind that the Covid-19’s crisis may not be finish.
Well even if The US stock bounce during after hours on Friday, we have to be patient. On more bad news come this week-end , with the first death in Washington link to the virus. Maybe The price reflect already the crisis … maybe not ; next week we will be fixed about that point.
In the midtime the best will be a MOON move from cryptos , and so we can take some profit et rotate into Stocks 😉 … finger crossed !
That’s all for this monthly review. Next will be a Weekly one.
Do not hesitate to Contact me for questions about my stratégy and Mid/Long term vision , you can check my eToro profile here : Julien’s profile
Have a nice Week