Jacob Philippus Ensin 路 eToro

As I embarked on my journey into the vast realm of copy trading, I found myself drawn to the enigmatic figure of Jacob Philippus Ensin, widely known as @enslinkaco on eToro.
6.65/10 (Expert Score)
Product is rated as #6 in category Reviews for eToro traders

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.

copy details
Copy Duration: 4 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

Positives
  • Access to Expertise: Alan gained access to the expertise and trading strategies of Jacob Philippus Ensin, a seasoned trader with a substantial following and proven track record
  • Learning Opportunity: Through copying Ensin’s trades, Alan had the opportunity to observe and learn from the actions of a successful trader, gaining insights into market dynamics and trading strategies
  • Convenience: Copy trading on eToro offered Alan a convenient way to participate in financial markets without the need for extensive market analysis or active trading management
  • Diversification: By replicating Ensin’s diversified portfolio, Alan could potentially benefit from exposure to a wide range of assets and industries, reducing the risk associated with concentrated investments.
  • Transparency: eToro’s platform provided Alan with transparency regarding Ensin’s trading activities, enabling him to make informed decisions and monitor performance in real-time
Negatives
  • Risk of Loss: Despite Ensin’s track record, Alan experienced a -0.5% loss, highlighting the inherent risk associated with financial markets and the unpredictability of trading outcomes
  • Dependency: Relying solely on Ensin’s trades may foster a sense of dependency and relinquish control over one’s investment decisions, potentially hindering personal financial growth and learning opportunities
  • Limited Control: Copy trading limits Alan’s ability to customize his investment strategy or respond swiftly to market changes, as trades are executed based on Ensin’s decisions
  • Overreliance on Past Performance: Past performance does not guarantee future results, and Alan’s experience underscores the importance of conducting ongoing due diligence and risk assessment
  • Potential for Misalignment: Ensin’s trading objectives and risk tolerance may not necessarily align with Alan’s investment goals, leading to discrepancies in expectations and outcomes

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

I chose to copy Wesley @wesl3y with $200 although recommended amount was $300+
Time Earning Reported on eToroActual Earnings
July 202315.19%2.68%%
August 2023-1.32%-1.89%
September 20232.17%2.12%
October 2023-3.14%-3.62%
November 20230.2%-0.28%
Earnings compared

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

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Jacob Philippus Ensin 路 eToro

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* Past profits is not an indicator of future gains. Your capital is at risk.

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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