Portfolio Update June 2021

Portfolio

Another month, another update. I’ve been a bit busy working.

For my last portfolio update, please visit link.

Portfolio

Overall my portfolio value lost 11% in value. It is now below 100 000 USD. Mainly because Bitcoin and Ethereum dipped in value. Furthermore the USD/SEK ratio increased from 8,27 SEK to 8,55 SEK. Which is about 3.4%, which also contributed.

In my Swedish portfolio Gapwaves finally started to move. I’ll just sit tight. I think it is one of my lowest market cap companies.

The Foreign Portfolio
I stopped out of my Bitcoin ZERO SEK position but ended up doubling my Bitcoin XBT. I stopped out of some of my Ethereum XBT, and all of Ethereum Zero. I bought some of the latter one but then stopping out shortly after.

I stopped out of MAG Silver, Riot Blockchain, Valour Cardano (ADA) and Valour Polkadot (DOT). The latter one I rebought lower but might stop out again.

I’ve sold Lufthansa (MFL LHA VT12) Minifutures with profit (+100%). I was planning to hold it longer but the position was very small. I’ve also sold Netflix.

I’ve added to my Tilray position.

I started shorter term (weeks to months) swing trade positions in Calix, QuantumScape Corporation, Fiverr International Ltd, SunPower Corporation while waiting for better setups in crypto.

My trading account dipped a bit.

Best interesting links this month:

Lessons learned:

  • Rule 1: Cut losses early.
  • Rule 2: Cut losses.
  • Rule 3: Cut losses.

Plan

  • Stick to the plan
  • I’ve finished reading Nicholas Darvas book. I plan to summarize my notes for easier review in the future.

Reading list

Good luck and trade safe!



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