My Trading Journal

Week 2

Follow @superherobets

It was a great week for all followers and copiers as Superhero Trading went Bullish and cleared around 20% profit on our Etoro copy account ‘Rendog80.’ This now means that we are slowly making back my losses from my failed Crypto venture and the account now stands at $1050.39 from my initial $900.

The aura around the group at the moment is great with so many people profiting from our trades and other contributing with valuable information about the background of companies, which has built a strong community feel.

”I’m enjoying this so much more than my other investments. Taking profit on percentages and moving into next, etc waiting for drops. Good work lads and thank you.”  (Ross, Cardiff)

Our main pick on Sunday night was banking and wealth management company ‘Investec’ who had dropped to an attractive price of around 147p. This is from a company that was trading at an average of 400-500p in January and February and our Superhero trader ‘The Accountant,’ was quick to spot that they had bottomed out. This was backed up by one of the group members who had a useful piece of information regarding the companies position and we advised the trade before the markets opened on Monday morning.

It turned out to be  very shrewd pick as Investec bounced back to a healthier 190p at close of trading on Friday leaving the weekly profit of around 26%. Now the belief amongst the group is that Investec will continue to rise throughout the year to somewhere around the 300p mark. We closed a few of the trades we had made along the way as the purpose of the copy account is to teach the inexperienced traders how to trade in short term investments.

Other short term trades during the week included Pfizer, Go Ahead Group, National Express, Barratt Developments and Greencore which all made small profits for us to further boost our figures. We have also left trades open for Go Ahead, Investec, BT, Dropbox and Wells Fargo for the forthcoming week, which we hope to make short pfofits on.

Airlines have been the big winners in the last week or so for traders and we have been researching a few other sectors which may benefit in the next few weeks. 5g based companies are high on our list and we have been investigating the likely winners in what will be a huge market in the upcoming months.

We are expecting a nice start to the week for the UK companies and the accountant has researched our investments for the week, which are now up and being discussed with the group. If you would like to be part of the group, all you need to do is open an account with Etoro by clicking on the banner below and you can follow/copy ‘Rendog80,’ Drop me a message on twitter or facebook and I can get you added to the exclusive Whatsapp group.