Portfolio Update October 2021

Portfolio

Here is my monthly update.

For my last portfolio update, please visit link.

Portfolio

Overall my portfolio value gained 34%.

It’s been a very good month. Main focus is to try to keep the gains high but at the same time have risk exposure. I’ve written more in my other post.

In my Swedish portfolio. I signed up for the Flat Capital IPO and got a few stocks. Added on the opening day and sold the 2nd and 3rd day for some quick profit. It was my very first IPO. There seem to be an IPO mania at the moment.

I bought VNV Minifuture. I think it is with 2x leverage.

Foreign portfolio:

I bought HUT8 and sold half to lock in profits. I also bought Bitfarms and DMG Blockchain.

l sold all of my Ether Fund (The) and used half to increase my leveraged longs in Ethereum (MFL DCR1 VT2) after starting a position. I sold Track Bitcoin and switched some to my Bitcoin leverage longs (MFL BTC1 VT22) but also tried swing trading it by selling.

I’ve sold West Fraser Timber to lock in a small profit. The trade went too slow for my liking.

My trading account has recovered 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
  • Read less on social media.
  • 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!



Leave a Reply