About me and my Journey
My name is Joseph Moricca. I grew up in a small village in Northamptonshire, England. I started my first job when I was 13 helping my uncles on construction sites and continued working while learning throughout my academic life. At school, I ran tuck shops out of my locker and used that money to start trading. Initially, I tried to day trade but found the constant price swings and concentration required very mentally draining. I knew I had to develop a strategy that could still earn a market-beating return but also allowed me to work the job I love.
As a result, I have been trading and learning about trading for the last seven years. I opened my eToro account while at University and during my free time developed my strategy. While learning and engaging in trading, I still received a First-Class Honours in Quantity Surveying (Equivalent to a 4.0 GPA)!
My Day Job
As a Quantity Surveyor, my main duties are initial project feasibility, cost management, and trying to create cost savings for clients. As a Quantity Surveyor, I have worked on various construction projects ranging from £500k to £45 million in value. However, while I l love working on various construction projects, I wanted to do something separate from my primary career that still could benefit me.
As a result, I became a Popular Investor on eToro. Part of my growth strategy is to self-trade on higher risk/reward stocks. By doing this, I help diversify my portfolio and can encourage greater personal growth. Initially, I started trading at 16 on various crypto exchanges, but more recently I have switched to a mid-term to long term trading strategy that perfectly suits my lifestyle and has started to earn me a second income.
My Personal Ethos
I believe that at the core of any good investor or financial strategy is a strong ethos. The purpose of my trading on eToro is to accelerate my growth through a higher risk diversification strategy.
I believe that a consistent and sustained effort will yield results. If you do decide to copy me on eToro, I will do my best to share my knowledge. If you have not read it, you should check out my FREE beginners guide to trading on eToro for hints and tips into beginning with eToro!
Alternatively, if you are ready, you can join eToro below!
My Personal Trading
I am a popular investor on eToro and earn a salary based primarily on AUM (assets under management). Essential through the eToro platform, anyone can copy my trading strategy, by investing anywhere between $200-$500,000, for free! The way this works is that I get paid by eToro who charges a small fee for each newly opened trade position (known as a spread).
I also make a secondary revenue stream by operating as and an eToro partner. As an eToro partner, I make a commission for people signing up, depositing and using eToro through one of my links. Copying anyone on eToro does NOT cost you anything and does not affect the price for you and just because you go through my website does not mean you have to invest with me or anyone else!
My Trading History on eToro
Please note my personal trading is separate from The Passive Trading System!
Initially, in 2017, I tried a highly aggressive trading strategy which failed, but as with anyone who starts on a new platform, this was only a small loss.
I then spent almost a year reading and studying about investing, reading around 50 books, 100s of websites and taking various courses to develop my skills. In 2018 I made a -27% loss and I spent the year changing my strategy and developing my approach to trading to reduce my risk and increase profitability.
In 2019, I started the third iteration of my strategy and have not looked back. In 2019 I currently have a return of over 70%! I still tweak my strategy to increase my profitability and to reduce my risk. I think its important to test strategies not just in Demo account but in REAL life too hence I have a small pot of money I dedicate to trialling strategies some that work and some that do not!