Zheng Bin · eToro

by Ahmed Yunus, Copier (July – December 2023)
Initial Investment: 1000$
Realised Profit: 7.85$
Profit After Fees: 2.85$ (factoring in 5$ withdrawal fees)
Actual Gain: 1.57% compared to the reported 4.8% on eToro
I’d like to share my experience copying Zheng Bin, a popular investor who is copied by more than 10k investors
Overview
Pros and Cons
Copy performace
Reported vs Actual
Date | Earning Reported on eToro | Actual Earnings |
---|---|---|
July 2023 | 5.17% | 4.02% |
August 2023 | -2.34% | -2.67% |
September 2023 | 2.83% | 2.38% |
October 2023 | 0 | -0.27% |
November 2023 | -1.76% | -2% |
December 2023 | 3.12% | 2.99% |
While eToro reports Zheng’s return as 7.02%, my results copying him from July to December 2023, experienced a slightly lower return of 4.45%. It is recommended that copiers investigate the reasons behind this variance for better understanding and decision-making.
Strategy & practice
How he does it
- Diversification: Zheng follows a Global Macro strategy, emphasizing the importance of identifying cyclical trends. The portfolio includes stocks (78.82%) and currencies (10.18%), showcasing a diversified approach across asset classes
- Risk Management: With a CSL (Current Stop Loss) at 30% and a maximum loss on one thesis limited to 10% of the account, Zheng maintains a risk-conscious approach, suggesting a focus on capital preservation
- Track Record During Various Market Conditions: Returns spanning from -11.89% in 2022 (unverified) to +23.22% (unverified) in 2023 demonstrate Zheng’s ability to navigate market conditions with resilience and showing positive result at the end
- Communication & Transparency: Zheng’s communication is transparent and detailed, evidenced by regular updates and press coverage. This fosters an environment of trust and understanding for copiers
Knowledge & background
What does he know
In terms of education, Zheng Bin holds a Master of Science (MS) in Finance with 2nd Upper Honors from University College Dublin. His academic journey also includes a Bachelor of Commerce (BCom) in Accounting with a WPA of 73.33 from Curtin University and a Diploma in Banking And Finance from Ngee Ann Polytechnic, where he earned a Gold certificate for participation in Co-Curricular Activities.
Analyzing applied knowledge, Zheng’s Global Macro strategy emphasizes risk management with a CSL at 30% and a maximum 10% loss on one thesis. His diversified approach spans stocks (78.82%) and currencies (10.18%), showcasing adaptability to various market conditions. Verified returns, such as +23.22% in 3Q2023 and -11.89% in 2022, highlight his ability to navigate diverse market conditions.
On the platform, Zheng is an Elite Pro – Popular Investor since April 2016, boasting a copier base of over 10,000. His transparent communication, recognition in media outlets, and involvement in innovative initiatives, like co-founding a company focused on verifying financial influencers’ holdings, contribute to his credibility.
In conclusion, Zheng Bin’s educational background, applied knowledge, and platform presence make him a compelling trader. Copiers should consider the longer holding time and assess their risk tolerance before following his trades. Overall, Zheng Bin’s combination of academic expertise and practical experience positions him as a noteworthy trader within the eToro community.
Platforms & tools
Where to find him
He is obviously on eToro
His personal social media accounts
Feedback
My recommendations
- Investigate Returns Discrepancy: Copiers are advised to delve into the reasons behind the difference between reported and actual returns, ensuring a more informed copier experience.
- Understand Global Macro Strategy: Given the Global Macro strategy, copiers should familiarize themselves with Zheng’s approach to cyclical trends and long-term sustainable trading.
- Consider Risk Tolerance: Zheng’s risk management practices align with a focus on capital preservation. Copiers should assess their risk tolerance to ensure compatibility with Zheng’s approach.
In summary, Zheng Bin presents a seasoned trader with a strategic Global Macro approach. While the reported vs. actual returns discrepancy requires attention, his transparency and extensive experience contribute positively to his profile. Copiers are encouraged to conduct thorough due diligence, align their risk tolerance with Zheng’s practices, and exercise patience due to the longer holding periods.
Add your experience
Regular updates on copied trades keep me well-informed about their performance.
Responsive customer support is an added bonus for copy trading queries.
The ability to replicate expert traders’ moves has significantly boosted my returns
Great, its research capabilities helped me alot!
Risk management tools are comprehensive, promoting responsible trading.
Consistent improvements and updates demonstrate a commitment to user satisfaction.
Extensive research capabilities help me make informed decisions.
Social trading features add a unique and collaborative aspect to the experience.
Smooth and secure transactions – a reliable platform for financial activities.
The mobile app is a game-changer – trading on the go has never been easier.
Competitive fees and transparent pricing – no hidden surprises.
Regular updates and market analysis keep me well-informed.