With his towering reputation and an impressive following of over 4,910 copiers, Ensin stands as a beacon of promise in the world of financial markets. His reported Assets Under Management (AUM) exceeding $5 million, coupled with his strategic prowess, intrigued me, sparking a curiosity to delve deeper into his trading methodology.
As I contemplated copying Ensin’s trades on eToro, I couldn’t help but ponder the intricacies of his approach. With my own modest investment of $200, I sought to unravel the mysteries behind his success and discern whether his strategies aligned with my investment objectives. With the allure of potential gains dancing tantalizingly on the horizon, I embarked on a journey of discovery, eager to unearth the secrets behind Ensin’s trading acumen.
So…I copied Jacob Philippus Ensin’s portfolio, better known as @enslinkaco on etoro with $200 from July 2023 for 4 full months.
Initial Investment: 200$
Realised Profit: -7$
Profit After Fees: -2$ (factoring in 5$ withdrawal fees)
Actual Loss: -0.99% compared to the reported 5.36% gain on eToro
Overview
Pros and Cons
Jacob Philippus Ensin, better known as @enslinkaco, stands as a prominent figure in the world of copy trading on eToro. With a substantial Assets Under Management (AUM) exceeding $5 million and a considerable following of over 4,910 copiers, Ensin’s profile exudes confidence and allure. Ensin’s ranking and performance statistics position him as a notable player in the eToro landscape. 馃捈馃挵馃搳
Copy performace
Reported vs Actual
Despite Ensin’s reputation and seemingly sound strategy, the reality of copy trading diverged from expectations. Copying Ensin’s trades, experienced a -0.99% loss during his tenure. This discrepancy between reported and actual performance underscores the volatility and unpredictability inherent in financial markets. 馃搲馃挕馃攧
Time | Earning Reported on eToro | Actual Earnings |
---|---|---|
July 2023 | 15.19% | 2.68%% |
August 2023 | -1.32% | -1.89% |
September 2023 | 2.17% | 2.12% |
October 2023 | -3.14% | -3.62% |
November 2023 | 0.2% | -0.28% |
Strategy & practice
How he does it
Ensin’s trading philosophy emphasizes diversification and meticulous risk management. He adheres to a long-only approach, primarily focusing on stocks and ETFs. Through prudent risk assessment and portfolio diversification, Ensin aims to weather various market conditions while aiming to outperform benchmarks like the S&P500. His track record during market fluctuations underscores his commitment to consistency and adaptability. 馃寪馃搱馃攳
Knowledge & background
What does he know
Ensin’s educational background remains undisclosed, leaving investors to gauge his expertise based solely on his trading performance and communication style. While formal education can offer insights into a trader’s proficiency, Ensin’s track record and transparency play pivotal roles in building trust among his copiers. 馃帗馃攳馃捈
Platforms & tools
Where to find him
Ensin remains accessible through eToro’s platform, offering copiers real-time insights and updates on his trading activities. His communication channels, including email and Twitter (@jenslin_), serve as avenues for copiers to engage and stay informed about his strategies and market insights. 馃摫鉁夛笍馃惁
Recommendations
Thoughts
eToro’s copy trading feature democratizes access to financial markets, allowing novice investors to emulate seasoned traders like Ensin. While the platform offers convenience and transparency, it’s crucial for investors to exercise due diligence and manage expectations regarding copy trading outcomes. 馃挕馃捈馃
My Recommendations:
For investors intrigued by copy trading, platforms like eToro offer avenues for participation and learning. However, it’s essential to view copy trading as a supplementary tool rather than a guaranteed path to wealth accumulation. Diversification, risk management, and a thorough understanding of one’s investment objectives remain paramount in navigating the complexities of financial markets. As always, investors should conduct thorough research and seek guidance from reputable sources before embarking on their investment journey. 馃搳馃挕馃殌
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