Tuesday 18 October 2016

Have you copied @golddigger15 yet? Here’s why you should

@golddigger15 is a unique trader. Traditionally, investors favor a diversified approach to investing. Investment in a variety of assets protects the investor from trouble if one asset runs into trouble. However, there are a small number of investors like, @golddigger15, who buck tradition and invest in only a few or even one stock. These investors take the time to gain knowledge of a niche market, like the NZDUSD currency pair, and only make moves when it’s to their advantage.

Key Takeaways:

  • Among financial experts and investors, the conventional wisdom is to diversify, as in don't put all your eggsin one basket.
  • A minority of investors choose to defy convention, by investing in a small number of stocks, or even one stock, or stock type.
  • Golddigger15, or Aleksander Pozvek, from Slovenia, is a trader on the "El Toro" social trading network, who has achieved high profitability by bucking conventional wisdom.

"They devote all their time to building up a specialist knowledge of their niche market and trade only when they feel that market conditions are in their favour."

http://www.etoro.com/blog/markets/04092016/have-you-copied-golddigger15-yet/

Originally published at Have you copied @golddigger15 yet? Here’s why you should

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