Im new to the world of Darwinex and Darwins, and am amazed at the returns of a lot of Darwins, I really like that this place has a very serious mentality to trading and being open/honest traders and staff.
I have some cash sat in the bank in an ISA doing nothing and in a few other account earning around 2-3% which in real terms is getting eaten up by inflation.
So why not give this a go
My hope is I can make 20% annual return.
As im new to this I want to keep it very simple, so I have chosen Darwins that are in the top 10 for d score and assets under management, plus ones that have offered strong returns.
The portfolio at the moment is: THA(40%), LVS(19%), ERQ(19%), VTJ(8%), DWC(8%), ATL(3%), JMC(2%).
I have doubled leverage, and my VAR is 12.5% thanks to the diversification.
Any advice or tips on my portolio is appreciated.
So, my first week has been a 3% loss, tough introduction for me.
I have been watching my porfolio closely, when I see the price falling heavily I wonder when I should exit an investment.... I guess by looking at the max drawdown of the darwin I should expect up to this amount is normal?
Today I lost nearly 3% just on one darwin, I guess this is normal.... Any advice on when to cut the investment and exit? My personal thinking was around 10% loss over a few weeks would be seen as normal but I dont like to see big drops in one day... I have to hope that the strong Darwins will always recover and go on to revert to the normal pattern they have, but maybe even great Darwins can just crash and never recover, so I wouldnt want to hold on for too long
Thanks again, I hope to speak with lots of you over the coming months..