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Top Trader Tip: “Anyone Could Do This”

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An interview with Popular Investor Lena Birse (Onegirl)

Lena Birse began trading on eToro just over three years ago, and at the time, had no prior expertise in finance. “My main profession is being a housewife,” she says. Yet, Lena found similarities between investing and her experience in managing a household, and she encourages others to give it a go as well. “If you’re used to managing a budget at home, you can just as easily manage a portfolio.”

 

Which eToro tool do you consider the most important to your trading, and why?

The use of CFDs for buying stocks. I love the way you can buy “bite-sized” pieces of any stock. This is important as it allows me to trade with immense flexibility within my budget. This, in turn, is excellent for copiers, giving them access to this incredible market with a relatively small investment. In the past, if you wanted a portfolio of stocks like mine, you would need an account worth millions (or at least a million dollars).

Tell us about your best trade.

My best trades are ones that I have held for the long term. I am pleased to say I was an early Facebook buyer — I bought right at the first dip, probably the only time I have truly caught the very bottom of a share price.

What were some mistakes that you made as a new trader?

Using leverage, trying to time the market (speculation), and trading in assets I did not fully understand. All of which I will never do again!

What lessons from other areas of your life have you been able to apply to your trading?

In trading, as in life, always learn from your mistakes. And as Warren Buffet says, “Even better, learn from the mistakes of others.”

What do you feel sets the great traders apart from the rest?

Two things, really. Great instincts for picking stocks, and having the right temperament for trading — in other words, being patient and not panicking, even when all hell breaks loose!

What is your personal motto?

Be honest, brave, and kind.

What would you like your “legacy” as a trader to be?

That I made fantastic returns with minimum stress for my copiers.

Lena’s eToro Profile

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Cybersecurity took center stage in 2018 and could present an exciting investment opportunity

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Cybersecurity has always been a topic of importance for both enterprises and individuals. However, 2018 was riddled with events that highlighted just how crucial an issue it is, following privacy breaches such as the Cambridge Analytica Facebook scandal. With renewed interest in online safety and privacy, cybersecurity stocks are attracting increasing attention in the investment world.

2018 – the year of the hack

The attention to online privacy reached new heights in 2018, following the Cambridge Analytica scandal, which jeopardised the data of some 87 million Facebook users¹. The scandal put in question many of Facebook’s user privacy practices, resulting in Founder and CEO Mark Zuckerberg testifying before Congress. A month later, the General Data Protection Regulation (GDPR) came into effect in the EU, applying new restrictions on any entity that collects personal data.

The dynamics of online security

One of the reasons cybersecurity is, and will remain, a hot topic is the ever-changing nature of the online world. With so much sensitive information being stored in the cloud and on computer networks, the risks are ever growing and the need for effective cyberdefenses is ever present. From “simple” risks, such as phishing scams, to complex ransomware programs and crypto mining bots, each person and enterprise with an online presence is in danger of falling victim to a cyber attack.

The cybersecurity industry is huge, estimated at more than…

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Mobile payments is a big market – and it’s about to get much bigger

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In recent years, mobile payment has become a key method of online shopping and other forms of eCommerce. With more members of Generation Z, who grew up in a world where smartphones were not an innovation, but a reality, this segment of the financial space is expected to grow tremendously in coming years. With more smartphones in people’s pockets and an increasing number of countries shifting towards cashless economies, it is no surprise that many of the leading payment technology companies in the world are constantly working to introduce new and improved payment solutions.

In 2016, the mobile payment market was valued at $601 billion¹. By 2017, it grew to nearly $720 billion², and it is expected to cross the $1 trillion milestone in 2019³. Forecasts suggest that it will continue to grow, reaching anywhere between $2.7 and $4.5 trillion by 2023. This growth will be prompted by many catalysts, which will both get more people to use mobile payments and make it easier for existing users to conduct more of their transactions with mobile devices.

Going mobile

The introduction of mobile internet and smartphones placed mobile payment at the fingertips of billions around the world. As the industry grew, more users started using mobile payments, due to its seamless, frictionless nature. Moreover, using an application for making payments gives the user more transparency and control over their finances,…

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Big banks, big opportunity? Earnings season kicks off

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Each quarter, publicly listed companies share their earnings reports with their investors and the general public. These reports provide insights into each company’s performance and more often than not, impact their stock prices. Over the next six weeks, companies will be sharing their reports for the fourth quarter of 2018 (Q4), with major banks kicking off the earnings season.

Reporting earnings in a challenging market

This earnings season has a very meaningful backdrop, as Wall Street has been heavily impacted by external forces recently. Firstly, the Fed’s drive to hike rates over the past year, with four rate hikes in 2018, has put pressure on the market.

Perhaps the most important factor causing Wall Street to struggle recently has been the rising yield of 10-year bonds. These bonds, issued by the US Treasury, present a relatively low-risk investment option and produce steady returns twice a year. When the interest produced by these bonds is high, it could push investors away from the stock market, as the safer option is now also high yielding. Recently, 10-year bond yields have been giving investors interest rates of 2.73%.

Entering this earnings season, many companies face the challenge of remaining a lucrative investment option for their shareholders. For some companies in the financial sector, this season might be especially crucial, as they have to recover from less-than-impressive results last quarter.

Banking on earnings

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