In Focus Trade Portfolio – January 4, 2022

Published on: January 4th, 2022

This publication is your ‘go-to’ to view a summary of trade recommendations proposed by Julian and Raoul in their respective In Focus pieces. Each month, we update the performance of these trade recommendations, adding and removing trades as per the advice given in any In Focus publication or Flash Update.


  • JS
    Justin S.
    4 January 2022 @ 17:46
    Two very different styles! A layman like myself probably finds Raoul's "less-is-more" approach easier to assimilate into everyday life, and even then there is so much going on it's impossible to keep up. I'd rather focus on a slightly narrower universe, understand more and trade less - but each to his own. Eking out 5% here and 10% there isn't what brought me here but the context is valuable, thanks guys. I note only one of Julian's trades reached its "target" which makes me question the utility of the metric...
    • HM
      Harry M. | Real Vision
      12 January 2022 @ 13:54
      great points.
  • DW
    Dean W.
    4 January 2022 @ 17:58
    The last half of 2021 has been a tough one to "trade". I'm mainly sitting tight holding some cash and my existing bags.
  • JD
    John D.
    4 January 2022 @ 18:47
    For a year where the market was up so big, these returns are downright awful and actually makes me second guess the advice coming from you both.
    • HM
      Harry M. | Real Vision
      12 January 2022 @ 13:53
      S&P was up very big. But non-US big caps were actually pretty soft. I thought the Carbon trade, and the ED trades both nailed it. I am in and out of crypto, so I didnt make a lot from RPs trades there. Not good at HODLing.
    • JM
      Jake M.
      5 January 2022 @ 17:51
      I agree with you partially. I suggest RealVision team also puts a confidence level in their trade so we know how to size appropriately.
    • JS
      Justin S.
      5 January 2022 @ 17:25
      It's a good idea to question whether your subscriptions are worth the expense, especially ahead of a new year. In this case, though, many of us having made several hundred percent in the last couple of years, let's get some perspective for goodness sake! If you're not into crypto I can see how Julian's trades look average but wasn't he up over 100% on the trades? Like you, I suspect, I'm just not interested in a few % GDX or BRL gains, but don't mind hearing other views. Thanks RV :)
    • SP
      Saxon P.
      5 January 2022 @ 08:38
      To be fair, Raouls crypto trades are his highest conviction trades and dominant position so in context that would be the largest exposure in proportion to any other trade recommendations. He also got behind the carbon trade and he has been consistently spruiking all three, all through 2021 if memory serves. I think he did pretty well as far as trade advice goes.
    • sj
      samir j.
      4 January 2022 @ 22:44
      I agree with John, without Raoul's BTC and ETH trade, the whole year is a disaster. It makes me question the value of the professional subscription- do we only pay for more videos?
    • MW
      Matthew W.
      4 January 2022 @ 20:17
      When Raoul's clearly biggest trades were +431.21% and +1427.10%, it's hard to see how you can make that statement.
  • JL
    Jonas L.
    5 January 2022 @ 00:43
    Would be interesting to see the overall pnl for 2021. Seems most trades got stopped out, seems 2021 wasn’t a good market for breakout trades. Eth, btc and modec killed it though, impressive stamina to ride those winners through multiple substantial drawdowns.
  • jl
    jacob l.
    5 January 2022 @ 03:06
    "Ethereum Mar ‘22 $15,000 Calls" is making me very very doubtful. time will tell..
    • SP
      Saxon P.
      5 January 2022 @ 08:34
      It's painful now. But if the ETH price comes back in time then it will be a well earned result for those who took the risk and weathered the price drop. If not... well hey ho, that's the way the cookie crumbles. There are no certainties, just lessons I am destined to learn the hard way 😄
  • KM
    KINC M.
    5 January 2022 @ 03:31
    Unfortunately bias in the legacy macro markets seems to be rates and FX skewed- both of which had the volatility sucked out of them. When you consider one of the biggest macro fund managers in the world (rokos) was down ~25% in 2021, the performance of the above portfolios makes more sense. As for crypto, RP has nailed the concept of crypto i cant see how anyone can disagree with that, but why there was never any other L1s added given his commented views on SOL etc being ETH of 2017 is hard to understand
    • HM
      Harry M. | Real Vision
      12 January 2022 @ 13:51
      I will try and ask that question in the Insider Talks.
    • AR
      Arun R.
      6 January 2022 @ 20:44
      Totally agree. Not enough articulation of why Eth vs Sol or other Layer 1s.
  • RD
    Rui D.
    5 January 2022 @ 03:36
    It’s tough to do analysis, trade and sharing the trades. No only there’s the usual pressure of trading, there’s the additional social pressure of putting it out in the open. It’s like that story in the book Zen Golf, where the golf coach is nervous playing on the course, afraid that having a bad shot shows the world that he might be a bad coach. The right answer is to watch how the greats takes hits and keep on moving. In Peter Brandt’s journal/book, his results suffered as a consequence of writing the book, because it made him think too much about his trades. Trading is about performance, especially price action and news trading, which is most of macro. My hats off to both for putting it out there and showing the noob (me) how it is done. Thank you!
  • EC
    Elizabeth C.
    5 January 2022 @ 08:43
    hmm. Are Rally and CHZ still buys? I assume so...
    • AG
      Amandha G.
      6 January 2022 @ 11:13
      Wayy to early... given the current market climate I will put some very low buys and see whether they will get triggered.
    • SP
      Saxon P.
      5 January 2022 @ 10:59
      Social tokens are still early
  • JW
    Jarkko W.
    5 January 2022 @ 08:43
    Not putting new trades on is more than acceptable, this is waiting game. However without cryptos results/PnL are not satisfactory. Makes me think is my Pro subscription money better spend somewhere else ? We will see, looking forward the next macro insider discussion...
    • AK
      Alexander K.
      5 January 2022 @ 14:50
      put the trades on and wait for the busses. they will come!
  • KC
    Keela C.
    5 January 2022 @ 21:05
    New here. Appreciate the transparency but definitely would like some risk level estimates as well as quarterly performance numbers. Where there opportunities to take profits? As some sort of indicator for high conviction plays. Thanks. Remember we are not investing in them. We are investing in ourselves.
    • HM
      Harry M. | Real Vision
      12 January 2022 @ 13:50
      Great point. JB and RP can give ideas, but you need to implement. I have put on JBs ED trade, and RP's Carbon trade. I had others but have cut them or taken profits, Those have managed to survive. How much longer I dont know...
  • AH
    Anthony H.
    5 January 2022 @ 22:45
    The blame game on Raoul on twitter is gross, it's all a probabilistic bet and until Raoul states that it's macro bearish for a long winter f(Still got that 2017-2020 PTSD bear market -93% portfolio) from what Raoul sees in his world with institutional involvement, I'm sure will be the first to know when it's time to exit. Would love a flash report from the man himself! Keep up the great work Raoul.
  • DT
    Daniel T.
    6 January 2022 @ 22:18
    New here. Busily trying to absorb and learn this investing stuff, so I know how to talk money and put on a put spread. The march price calls are speculative. RP/Julian are not gurus. A more appropriate question is “what’s your bull/bear case for X asset at the current time.” These calls are dynamic and the priors are updated with regularity, but the overall thesis stands. Can’t wait for this NFT and the Delphi reports!