eToro Trading Thread
Discussion
I think it was Pesty who mentioned Maria, 4exPirate and some Jorge guy - but these people are on the most copied lists. I didn't like what I saw about Jorge so left him off.
Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
g4ry13 said:
I think it was Pesty who mentioned Maria, 4exPirate and some Jorge guy - but these people are on the most copied lists. I didn't like what I saw about Jorge so left him off.
Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
According to that link she's had a ROI of 362% in 90 days??? Looked in her open trades and all were red around 50%.Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
sjn2004 said:
g4ry13 said:
I think it was Pesty who mentioned Maria, 4exPirate and some Jorge guy - but these people are on the most copied lists. I didn't like what I saw about Jorge so left him off.
Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
According to that link she's had a ROI of 362% in 90 days??? Looked in her open trades and all were red around 50%.Here's Maria - she is no looker at all. She looks rather dim-witted tbh: https://openbook.etoro.com/maria421/overview/
But then I started setting some of my own criteria. I went for some low leverage traders - but then realised some low leverage people end up with about 10 open positions making it high leverage.
I chose some from the frequent traders list - I had a quick scan through the list. I first looked for some equity curves which looked reasonable and then looked for any funny business in open positions. I took a look at win:loss % and the size of wins vs size of losses. Then thought I would follow to see how it really works out.
I chose from manual list too. I am just trying to find something which may actually work.
You can have a look at the people using this link.
Those percentages you see in her open trades are meaningless, she's not losing 50% of an account in numerous trades. But I think it was last friday I ended the week about +56% ROI with her. But she was greedy and held over weekend and bought more as her profit slipped away over sunday night/monday morning. Although my concern last week was the swings are too large for sustainable trading, a gain of that % really shouldn't be happening unless an outlier event occurs.
twinturboz said:
I fear that's going to be a lot worse for you today. If they are newbie traders, they'll be geting chopped to pieces in this market right now.
I stopped all copies last night Probably spooked a lot of people doing that causing a global stock market crash. Sorry about that.
Pesty said:
twinturboz said:
I fear that's going to be a lot worse for you today. If they are newbie traders, they'll be geting chopped to pieces in this market right now.
I stopped all copies last night Probably spooked a lot of people doing that causing a global stock market crash. Sorry about that.
So here's the weekly round up of week 2:
- I hit my copy stop loss with Gstillr. I had some high hopes for him, but he blew through 50% of my account and I no longer copy him. The same goes for ChrisLawlor.
- Maria - started the week +55% on account. She stupidly held the profits which turned negative and went from +55% to about -30% on account. She's an utter liability and scary. The account has recovered a little and looking at about -1.5%. She's left a load of positions on for the weekend.
- noasnoas - one of my new traders which I copied this week. She didn't do too much but lost me 0.2% on the account so far.
- MaxxizLT - Another new addition this week to my bunch. So far he's a success story and i'm +4% with him. It was a bit of a slow start with him but today has been good for him. We'll see how he fares over time.
- 4ExPirate - Nothing very exciting to report +0.3%
- FCInvestment - Another new addition this week. He was up a few % earlier in the week, now currently about -3% overall.
- BestTraders - Also a new addition. Was up about 1% this week, now losing 10% overall.
Nothing especially exciting as yet, but these markets have been challenging (I won't make excuses for these people because some traders must have been making a killing out of it and there's no reason they shouldn't have).
I started the account with $10,000. I have invested in 8 (8x$1,000) of which I got stopped out from 2 of them. So down to 6. Equity at time of writing is $9100 give or take a few $. So that's a -9% ROI. Or to be fair, -11.25% as I only really 'invested' $8000.
- I hit my copy stop loss with Gstillr. I had some high hopes for him, but he blew through 50% of my account and I no longer copy him. The same goes for ChrisLawlor.
- Maria - started the week +55% on account. She stupidly held the profits which turned negative and went from +55% to about -30% on account. She's an utter liability and scary. The account has recovered a little and looking at about -1.5%. She's left a load of positions on for the weekend.
- noasnoas - one of my new traders which I copied this week. She didn't do too much but lost me 0.2% on the account so far.
- MaxxizLT - Another new addition this week to my bunch. So far he's a success story and i'm +4% with him. It was a bit of a slow start with him but today has been good for him. We'll see how he fares over time.
- 4ExPirate - Nothing very exciting to report +0.3%
- FCInvestment - Another new addition this week. He was up a few % earlier in the week, now currently about -3% overall.
- BestTraders - Also a new addition. Was up about 1% this week, now losing 10% overall.
Nothing especially exciting as yet, but these markets have been challenging (I won't make excuses for these people because some traders must have been making a killing out of it and there's no reason they shouldn't have).
I started the account with $10,000. I have invested in 8 (8x$1,000) of which I got stopped out from 2 of them. So down to 6. Equity at time of writing is $9100 give or take a few $. So that's a -9% ROI. Or to be fair, -11.25% as I only really 'invested' $8000.
Pesty said:
That's going short on wedding futures.It would seem Gstillr went on a big losing rampage, lost his copiers a lot of money and has written an explanation and apologised to people.
4 out of 6 of my traders have small profits overall. The largest being about 3% ROI on account. I'll go through it at end of the week. Maria seems to have closed a lot of her positions and there's some negative comments on her wall which wouldn't have stayed up in the past. She has one position open and overall about -27% ROI on account. She is clueless.
4 out of 6 of my traders have small profits overall. The largest being about 3% ROI on account. I'll go through it at end of the week. Maria seems to have closed a lot of her positions and there's some negative comments on her wall which wouldn't have stayed up in the past. She has one position open and overall about -27% ROI on account. She is clueless.
Time for a weekly roundup. The end of week 3. I'm starting to think this is a bit of a silly task but these are also tough market conditions and i'll just check it a bit less often. There's still a little bit of trading left but here's a run-down.
Noasnoas - Hard to lose money if you don't trade. She hasn't done much but overall it's +1% ROi.
MaxxizLT - He was one of the better ones, +3% earlier in the week. Now -5% overall, so an 8% equity swing in a day. That just isn't really right or what should be happening, the magnitude is too big. He has some sizeable losing positions open with no apparent strategy. I'm looking at some of those trades he made and they were just awful taking into consideration a few things.
Maria - She's awful, she ended up closing all her losing positions. I think she blamed her internet or something like that. She became very unpopular and whilst she was away the negative comments came out. But she tidied up her wall after. -30% overall. She's scaled back to one position and it's a sizeable loss too. Slowly losing her copiers.
FCInvestment - Was up a few % on the week, currently breaking even.
BestTraders - Same story as FCInvestment, currently -0.5% overall.
4exPirate - He's one of the rather popular people on the site. I'm not sure why, i'm yet to see anything impressive. Not especially active lately but +0.3% on account.
So nothing exciting this week. I don't know if it's a testament to break even in this market and I should be impressed. Having low equity swings and at least breaking even is probably something admirable. I may go on the hunt for some new people soon. Not sure if anyone else has any prospects or still considering this any more.
Noasnoas - Hard to lose money if you don't trade. She hasn't done much but overall it's +1% ROi.
MaxxizLT - He was one of the better ones, +3% earlier in the week. Now -5% overall, so an 8% equity swing in a day. That just isn't really right or what should be happening, the magnitude is too big. He has some sizeable losing positions open with no apparent strategy. I'm looking at some of those trades he made and they were just awful taking into consideration a few things.
Maria - She's awful, she ended up closing all her losing positions. I think she blamed her internet or something like that. She became very unpopular and whilst she was away the negative comments came out. But she tidied up her wall after. -30% overall. She's scaled back to one position and it's a sizeable loss too. Slowly losing her copiers.
FCInvestment - Was up a few % on the week, currently breaking even.
BestTraders - Same story as FCInvestment, currently -0.5% overall.
4exPirate - He's one of the rather popular people on the site. I'm not sure why, i'm yet to see anything impressive. Not especially active lately but +0.3% on account.
So nothing exciting this week. I don't know if it's a testament to break even in this market and I should be impressed. Having low equity swings and at least breaking even is probably something admirable. I may go on the hunt for some new people soon. Not sure if anyone else has any prospects or still considering this any more.
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