For the past eight years, Wesley Nolte, known as @wesl3y on eToro, has showcased a remarkable total return of +408.71% and an average return per year of +21%. With a lifetime eToro goal of achieving a Compound Annual Growth Rate of +25%, Wesley is accredited by the Chartered Institute for Investment & Securities and recognized as an official eToro Value Investor. 馃搱馃捈
Initial Investment: 200$
Realised Profit: 4.78$
Profit After Fees: -0.22$ (factoring in 5$ withdrawal fees)
Actual Gain: 2.39% compared to the reported 3.26% on eToro
Overview
Pros and Cons
Wesley鈥檚 investment journey is backed by a diverse background, having sold his consulting business to Accenture for an impressive eight-figure sum in 2015. His portfolio extends beyond eToro, featuring several real estate properties and a handful of successful startup ventures. Wesley leverages his experience as a technology consultant for both startups and major corporations to gain an edge in outperforming the market. 馃殌馃挵
On the downside, some investors may find the high minimum copy amount of $300 restrictive, potentially missing out on Wesley鈥檚 smaller trades due to eToro鈥檚 minimum copy trade threshold of $1. Additionally, new copiers might experience initial losses due to spread costs or market dips, requiring patience and a long-term investment mindset. 馃馃挕
Copy performace
Reported vs Actual
| Time | Earning Reported on eToro | Actual Earnings |
|---|---|---|
| October 2023 | -5.54% | -6.67% |
| November 2023 | 8.79% | 8.69% |
Strategy & practice
How he does it
Wesley advocates for a “Getting Rich Slowly” approach, emphasizing the importance of patience and long-term commitment. His FAQ section provides comprehensive insights into key aspects of copy trading, including recommended copy amounts, timing strategies, and the importance of copying open trades. Wesley’s investment philosophy revolves around value-based strategies, compound interest, and maintaining a cash cushion to navigate market fluctuations. 馃挕馃挵
Knowledge & background
What does he know
Wesley Nolte’s career journey reflects a rich tapestry of experiences and educational milestones that have contributed to his expertise in investment management and technology innovation. 馃専 As Managing Director at Indaba Invest Limited (Present), Wesley’s role underscores his proficiency in managing and executing investment portfolios, driving consistent growth with a remarkable return of over +35% per annum since 2015. 馃捈 At FutureBricks (2016 – Present), Wesley serves as an Investor &
Advisor, leveraging his astute investment acumen to advise on strategic decisions and capitalize on real estate opportunities. 馃挵 His tenure as Chief Technology Officer at SalesTrip (2018 – 2021) demonstrates his prowess in technology leadership, driving advancements in corporate travel management. 馃捇 As a Columnist at Evening Standard (2018), Wesley’s publications on traditional financial and crypto markets provide valuable insights, contributing to informed decision-making. 馃摪
At Accenture (2015 – 2018), Wesley’s role as Principal Director in Innovation & Technology shaped cloud computing offerings, enhancing Accenture’s position in technology consulting. 馃殌 His tenure as Director of Innovation at Tquila (2012 – 2013) facilitated the creation of innovative products within the cloud computing space. 馃敩 Wesley’s early experiences as an Analyst and Software Developer at the University of Kwazulu Natal (2006) laid the foundation for his contributions to technology and scientific innovation. 馃帗 Wesley’s diverse background and experiences equip him with a comprehensive skill set, enabling excellence in investment management, technology leadership, and innovation-driven endeavors.
Platforms & tools
Where to find him
Copiers can find Wesley’s portfolio and updates directly on the eToro platform
Recommendations
Thoughts
For prospective copiers, Wesley offers valuable recommendations, including setting appropriate copy stop-loss levels, considering long-term investment horizons, and leveraging dollar-cost averaging to mitigate market volatility. His transparency in addressing common queries, coupled with his proven track record, instills confidence in his investment approach. As Wesley continues to share his insights and experiences, followers stand to gain valuable lessons in disciplined investing and wealth accumulation. 馃専馃搳
On Etoro, my thoughts are these. Picture this: you’ve closed some trades, bagged yourself a sweet profit 馃, and now you’re wondering, “What next?” Well, let me tell you, those profits don’t just vanish into thin air! No siree, they patiently chill in your cash balance until you decide their fate. But fear not, my fellow traders, for I’ve got the lowdown on how to wield that power. Just imagine, your fingertips dancing across the screen as you navigate the intricate steps of withdrawing profits. It’s like conducting a financial symphony 馃幍, and you, my friend, are the maestro. So buckle up, tune in, and get ready to take charge of your trading destiny. Because in this wild world of copy trading, knowledge truly is power! 馃殌
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