Olivier (@OlivierDanvel) from France says he has 20 years of investment experience – a statement that’s supported by the fact that (as of the time of writing), he hasn’t had a losing month on eToro Investor in more than 2 years. Due to his success and the fact that he currently holds the record for the most copiers on eToro, we asked him to share some of his wisdom and discuss his trading strategy. Check out the interview below.
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Tell us a little about yourself, what you do for a living, for fun, family?
Hi everyone, I am Olivier Danvel and I’m currently living in France. I have been a professional trader for more than 20 years now, specialising in currency markets. I do trade privately with my own funds in multiple markets like foreign currencies, stocks, indices, commodities and cryptocurrencies. I also manage funds for private investors and am part of several hedge fund teams. I started to trade using strategies specifically for social trading about 5 years ago. I am a contemplative person. I have an attraction to abstract art and human psychology. My priority in life outside of my business is, of course, my loving family.
Where do you do your research on the instrument in which you invest?
There are 3 different ways that I do research for trading. Firstly, using charts, you can find enough information to make trading decisions, because the market reacts to everything that impacts it, kind of like a heartbeat. If the charts were a person, they would feel the emotions of the economy. Because there is not yet a clear tool in the charts to analyse fundamentals, I do it manually. Though I believe in the near future, AI will provide us with such tools. I have specific resources of information like economic data, central banks’ reports and their press conferences and government announcements. I follow some Twitter accounts that give me relevant insights to understand movements. Those sources are real-time information that I put in perspective with my expertise and experience of understanding trading data. This precious content helps me to secure a comprehensive opinion about what I am analysing.
Do you have any specific profit goals for each year? How do you achieve/plan to achieve them?
My business partner Sébastien and I wanted the eToro strategy that we are operating to be attractive enough for beginner investors, as well as experienced ones, in order to be able to be copy traded and to increase our volume of managed funds. We stick to our goal of achieving an average monthly profit of 1%. This represents one of the top ranks annually as compared to the global benchmark of hedge funds and banks on average for the last few years.
How has eToro changed the way you trade? – eToro investor
We made some minor adjustments to meet some needs of our copiers. Since then, some of the questions that we received a lot in the past, are not asked anymore.
What is your trading strategy and on what is it focused?
The goal of my strategy is to try to extract value from the markets over a one-month period. To realise this, we have a monthly target of 1% with a low risk score and strict money management rules.
What are the benefits of being a Popular Investor?
As an Elite trader in the Popular Investor program, you become an influencer in the financial industry. Investors are constantly asking my opinion and thoughts about the markets. It’s a real pleasure as I feel I can share my observations, hoping that, by understanding what I mean, it will benefit them and they will be able to make better decisions in their own trading.
How does it feel to be (at the time of writing) the Popular Investor with the most copiers on eToro? Do you feel pressure?
Money is not an indication of popularity, but 6500+ investors who put their trust in my strategy, cause me to feel more responsibility to do my job. The pressure? No pressure. Sebastian and I were always working as a team; now I just feel like the team got bigger with all of these copiers. I have communication with wonderful people. Together we plan our future by being better investors.
What message would you like to share with your audience?
First of all, a big thank you! Keep in mind that investing with me should be a life plan. Stable and consistent results with controlled risks go well with long-term investment. You don’t change something that is efficient. I wish all the success and the luck that I have in my life to all of you as well.
Anything else you’d like to add?
Personally, one of my goals is to make investors better at what they do. This is why I want to share my 20 years of experience in the financial markets – so I recently decided to open an educational learning center. Let’s rock the markets together!
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