So far 2020 has been a pretty awful year for the markets. There has been a bit of a market crash and there is a recession in our future. But there has also been a lot of volatility. And if you're a good enough trader, you can take advantage of this volatility. Personally, I'm not good enough – but you can copy the trades of other people on platforms like eToro.
Note – This post doesn't apply to US customers
I wanted to highlight a couple of traders who I think have performed amazingly well during these testing times, just to show you that it's possible to trade successfully, no matter what is happening in the world.
Remember that the following isn't investment advice – always do your own research!
Oliviver has delivered consistent returns over the past few years. What's so incredible is that he hasn't had a single negative month. He employs strict risk management with an aim of just 1% monthly gains. Due to this low risk strategy he has an eToro risk score of just 1. He makes a lot of trades each week and only holds a trade on average for 3.5 days.
Slow_and_Steady (Patryk Peltonen)
If you're looking for an ETF only investor, then Patryk might be for you. In my opinion, ETFs are one of the better options for long term investments. Patryk invests in a broad range of ETFs and then makes hedge trades based on various indicators. He currently has a risk score of 4, which is pretty good. ETFs on eToro attract no fees (for unleveraged long positions), so you won't be paying any fees while copying.
Last year he delivered a 7% return and this year, during some of the worst economic conditions, he's managed to deliver a 3% return so far.
Raymond is mainly a commodities trader with a risk score of just 2. He has been trading on eToro for the past 4 years and has delivered a profitable gain each year. This year he has still managed to be up (as of writing) even with massive drops in commodity prices. He makes on average 10 trades per week and holds them for an average of 4 days. These type of stats are what
If you're interested in eToro make sure you check out my guide on copy trading.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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