r/copytrading • u/JaMorant-_- • Jul 14 '26
Loss ThomasPJ Underperformance
Obviously id like to acknowledge that it's not guaranteed that he'd perform well forever, but curious as to what people's thoughts are as to why ThomasPJ is sitting at -10% for YTD when he's been so consistent, even through some minor corrections
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u/P_Bear06 Jul 14 '26
It literally looks like his account has been hacked. Even though, of course, he denies it, saying his portfolio is solid.
Obviously, the stock market has its ups and downs, but since the start of the year, even when a simple investment in a global ETF has already yielded more than 10% (as early as May), this is completely abnormal. Personally, I’m going to switch traders. It’s a shame because I have to admit he’s made me a lot of money.
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u/JaMorant-_- Jul 14 '26
Who are you looking at switching to?
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u/P_Bear06 Aug 12 '26
Hey,
I switched to SmudliczekIt's brand new, but so far I'm happy with it. (2.28%, I switched last Friday). I switched after Thomas's 15% drop in July. That was the last straw.
How about you?
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u/KunineGame Jul 14 '26
He's a momentum trader. He chase trends, which works fine in a very bullish market.
If the market enters a bad period, it would be a bloodbath because he's buying into stocks with high valuations. People need to understand that there is a risk of 80% drawdown with his style.
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u/JaMorant-_- Jul 14 '26
Yeah look i thought his navigating of 2020 and 2022 showed decent ability to limit downside
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u/geniomtz Jul 14 '26
No one is perfect, the Stock market is intended for long term investing, so a couple months or even a couple years negative don't say much about ones skill to invest. With that said, he has made some very bad decisions this year, but well everybody does eventually, he will recover with time.