Monthly Report (December, 2020)
December (2020), last month of the last Quarter of the 2020 Dear Copier and Followers, the challenging trading year of 2020 has finally ended. We completed the last quarter of the year with a gain of 10,6%. The summary of the quarterly report is: - 1st Quarter - 48.4% a big loss due to the Covid and Oil historical collapse. - 2nd Quarter 21% of profit - 3rd Quarter 3.9% of Profit - 4th Quarter 7,8% of Profit Total result for the year about 30% of loss. What went wrong during the first Quarter? In one word my inexperience with the limitations that eToro requests a Popupar Investor to respect. I have never experience a situation where a very fast and big collapse in so many assets from Oil and Stocks to Bonds and even Gold happened at the same. I considered the huge spike a great shopping opportunity, and that was a correct call but it only increased further our portfolio Risk Factor. The unusually high volatility p...