Hey everyone, so I just wanted to give a
quick update - I'm still here in Italy...
Southern Italy.... I wanted to give a quick
update about what I've been doing and
how, you know... how copy trading has been going, kind of, this month and stuff... And
I'm up! I'm doing okay... So I'm up 270.52
at the moment. I had lost a
bunch of money on a Rite Aid deal - I
invested in this company called 'Rite Aid'
which was going down - I was trying to
find companies which were going down,
and they could sort of go up again... Basically,
I stayed in it too long - I used too much
leverage, a bunch of bad news came out
for the company ... at sort of the same time -
all these bad things happened, and I
stayed in it too long. And basically, if I
look at my statistics - I'll go to my
statistic page - you can see that over,
kind of, these two months - this one here...
September and October... That's me staying
in a losing trade too long, and over two
months, just watching it go down and down
and down thinking "Oh God..." I thought it might go
up again, you know - some of my reasoning
was good, but a lot of it was, you know -
not very good. So there it went - it went down.
And after that I thought "Okay, stop stop! I've
burnt out a little bit - just stop." And I
went back into copy trading quite
heavily and I've... Because originally, I
came and I wanted to do mostly copy
trading, and keep a little bit aside so
I could learn to trade manually and
learn about everything.
And what happened is that, over time, it
turned into 80% of my
portfolio - I was manually trading, and 20% I was copying... and I sort of, you know...
I didn't stick to what I wanted to
do, so I've started moving it back into
copy trading. Done well - this month, it's
35.66% - which
is massive... that's huge
okay... That's unusual. So, that's because of
copy trading, and obviously I'm copying
Jay, who's really into cryptos - and
cryptos have had quite an amazing few
weeks. Bitcoin's just  - what, it's like 9600 now
it's ... it's insane. So that's why -
the cryptos, but also my Ethereum
position. So, if I go to my portfolio, I've
had this Ethereum position for quite a
while - it was... If you look at it, Ethereum
was kind of - it was hanging around the
same place for a very long time,
consolidating, all right. At first it was
swinging up and down
between two major price ranges, and then
it just started - it stayed flat, and it
stayed flat for what... you know, a very
long time. Basically,
Ethereum has been doing well - it's
broken out again - it's trying to get to -
it's got to its new all-time highs,
and I'm waiting - I'm waiting to see how
Ethereum does. Yesterday, I had
increased my stop losses because it had gone
up - I wanted to keep some of those gains...
So yesterday, I - I got 'stopped out' on one
of those increased stop losses, but I'm
okay with that... Here we are - we can see
like, the consolidation - so that's
September, and that's November... September, October, November - it's roughly the same the
whole time. And whilst it was staying
there, I didn't want to, kind of, sell it -
because I do believe that Ethereum's
really useful, you know - there's so many
people using it to write other things,
you know, because as well as being a
crypto, it's kind of - it's a smart
contract system ... you can write other
things using the Ethereum base code. So,
anyhow - so it's broken up - here we are... weeeey!
And we'll see what happens with that... I
don't - I want to, kind of, hold it - but I
don't want to hold it indefinitely,
because I've seen that - that it can go
down, and there's two months where your
money's kind of just 'dead', and it could
be used in other stuff. There's a lot of
debate about that, but there we are. So, at
the moment, Ethereum - I'm holding it - I think it could get to 500, I don't know,
but if not, what will happen is - I'll sell
them. So ... invested is 360. With
the profit, I've got about 431 in that. That
would be useful to just go and copy some
other person. I think I'd copy that guy -
Thor... Let me just find him - there he is,
there's Mr. Thor... I'm thinking of copying this guy basically. I look at his statistics
and they're, you know, pretty impressive.
Now, he trades slightly different things,
you see - he's got some currency - some
traditional currencies, some commodities,
commodities, and then a bunch of
companies. He's got cryptos in there as
well. But there's at least a bit of
diversification, and he seems to be just...
He knows what he's doing, so I'd like to
copy him - but we'll see... That's what I
might do with the ethereum money if I
sell it... Jay, obviously - this percentage
is not really fair, because I mean, with
Jay, I started copying with a hundred, and then I
added 200 more, then I took 50 out
and started trading with it, and he made me
some profit, so I took that out and I
traded with something else, then I put it
back in, then I took it out, then.... And I've
moved it around so much, that it's
hard to know what the actual percentage
profit he's made me is. 189.50 - that's
not 189.50 off 722, or off 533. I put in
another hundred to him yesterday - that
money that I got from the ethereum
stop-loss being hit - I just put it
straight into Jay, and so - that's more
like 188 off
probably about 250 - more likely if I sort
of adjust for how how much I've put in
over time... So, he's doing really well, so
I'm gonna leave that. Viktor Fast - he was
the one - remember, where I copied him and
straightaway, I started losing, and I just
kind of stuck with it because his
historical statistics are really good... So,
I copied him here - September and October, he was losing, and now he's back winning
again. I'm still a bit concerned about
him, because I saw a post that he wrote
the other day, saying how he wants to
reduce his exposure to cryptos - he
doesn't want to have so much cryptos in
his portfolio. But really, cryptos have
been, kind of, what seems to have been
making him a lot of his profits recently...
And I know that there are other people
on eToro
who know more about cryptos (I believe...)
than he does. So, as a crypto investor, I'd
probably trust someone else first. As a
stocks investor... A lot of his choices are
losing quite heavily, so I don't know
what to make of that - I'm going to leave it
for a while more, and see how he goes, and
we'll see. At the moment though, he is
marginally up - I mean that's 9.36 - there's
only 200 invested, so that is... it's not bad, you
know. But we'll see... and I'm getting a bit... copying people with such small amounts -
Not so useful really, unless you have a
ton of them - but even then... So, anyhow  - I'm
thinking about that... Ripple, I just bought
it because... Yeah, all the others have gone
up, Ripple hadn't, and I thought "All right,
let's have a go - let's put a little tiny
bit of money." I can still make $25
trades on crypto, so it's really - I don't
even know why it's there, it's just... it's
just there. So... that's - that's kind of what
I'm doing. I've made about 30% this
month, which is nice - my total allocated -
there's my current equity, I've got 269.54 profit -
which is really good for doing nothing... I
really like copy trading again. I forgot
how nice it was to let other people,
kind of, handle all this stuff - especially
when they're good, you know. Sometimes, I remember - copying a person - and they
weren't very good, and it becomes very
frustrating. But if, you know - I know that
Jay's had such a good month
because cryptos have had such a good
month, and he's heavily invested in
cryptos, but he's been doing well anyhow...
So, there we are ...
I'll leave all them for the moment.
Something else I've been doing whilst I've been copy trading is... There are all
these - in cryptocurrencies... Now
obviously, we can trade cryptos on Etoro,
but you know, there's - the spreads
are really high, and they kinda have a
limited amount of coins... So I've gone
looking, because I've been reading about
all these other coins, you know... EOS and... I
don't know,
IOTA, and STRATIS and NEO... And "what are these things and where do you buy them?"
So, I've gone looking for how you
actually buy them, and it's really weird...
So, off Etoro, outside... there's a
host of other sort of 'Crypto exchanges',
and so I've been using one - There are
some exchanges where you buy Bitcoin - you
buy Ethereum, alright... There are other
exchanges ... and you buy them for money - you
put cash in, you buy them, then you can
transfer them to other exchanges, which
are just for - crypto to crypto exchanges.
And they list all of these hundreds of
smaller coins, you know - and that's where
you can really buy them. So you - I go to one
exchange - like I went to Coinbase, and I
bought Bitcoin, I bought Ethereum. I go to
another one called 'Bittrex', and you
can transfer that Bitcoin and whatever
for other smaller coins that you're
interested in. And I've been working out
how to do that -  and it's a really interesting
process. And then you store them all in
'a wallet' - there are 'online wallets', there
are 'offline wallets' - they're all different
types of wallets which I'm kind of
learning about. So, at the moment I'm using
this - one of the simplest ones -
'Exodus', here it is... Here's my wallet -
yaaay ... Don't judge me for I've got in here - this is just me practicing moving stuff
about, and how to buy assets. So, once
you've got them, and you've
bought your... you've bought your Bitcoin
or whatever, you've transferred it to
another exchange - and on that other exchange, you transfer for other small coins... You
can then transfer them to your wallet,
okay...
And so, in here I've got some bitcoin,
some Bitcoin cash, I know I know...
some 'Civic', some 'Dash', 'Decred' - whatever that is...( I
know what is actually.) Then there's some
Ethereum and some 'Gnosis' - (prediction
thing...) Anyhow, the only reason I've got
them, is - I was just trying - moving little
bits about, and seeing how long it takes...
Really clever stuff. So, you've got your
portfolio - shows what you have -
you've got your wallet, where you can
send stuff out and receive stuff. You can
exchange things straight from here - so I
could exchange Bitcoin for any one of
these other ones here... Really clever.
Now, this wallet only has - you can only
hold a certain amount - certain
cryptocurrencies in this wallet. I'm
going to go looking at another wallet
called the 'Jaxx wallet' which is also one
of the most popular ones, and I'm going to sort of sign up for that and see how
to use it, and I might make a video about
that one... So there we are - that's what
I've been doing. Trading away on 
Etoro - it's going well ... most of my
money in copy trading, which I'm really
happy with - still exposed to the market,
still exposed to stocks, still exposed to
a lot of things. I'm thinking of finding
some traders - I've always said this, but I
have found a couple, who trade
exclusively, sort of, the other older
currencies - normal currency pairs, and
some ETFs and stuff... And then, I'm also
moving into the cryptos - the other
crypto exchanges to see how that all
works. Which is really quite exciting
actually, I like it. So, there we are... for
now.
