It's real. I've been copying him for 2 years. But he's no longer accepting copiers coming this Jan 11.

haha I've been through my fair share of pain in KLSE

My portfolio dropped like a rock during the crash in March

I was nearly in tear and I just liquidated a big portion of my KLSE portfolio as I'm forseeing a crash coming

And you will repeat it again in when the next crash come. Mark my words. Why. Cause it not about being the best stock picker. Is whether you have guts. If you cannot stand the volatility of the market (market drawdown/crash) you are not ready for stock investing. Stay with FD. A good night sleep is better than anything.

And you will repeat it again in when the next crash come. Mark my words. Why. Cause it not about being the best stock picker. Is whether you have guts. If you cannot stand the volatility of the market (market drawdown/crash) you are not ready for stock investing. Stay with FD. A good night sleep is better than anything.

I found his insta before copying

https://www.instagram.com/jaynemesis/?hl=en

Seems like a normal bloke

Second this, but please be noted that Etoro is not being regulated by Malaysian authorities,
the nearest office is in Sydney.

Hi Everyone !

First of all

I'm much like many of you guys , just started investing during Covid

I initially invested a lot into KLSE, which I made a total of RM300 in 18 months ( I just sold a big chunk of my portfolio to reallocate to US markets )
and honestly I find the Malaysian market to be quite dull and at the moment I'm at a paper loss of RM5k 
Moving to Dec 2020 I decided to try out E toro after convincing myself that it's not a scam ( I tried to take out 100 USD which took 3 days to come out and I was charged 5 USD together with awful Forex Rates )

I decided to put in about 1k USD to try out.
I copied a guy called JayNemesis ( apparently is the No.1 trader in E toro with consistent returns over 24 months , 103% returns in 2020 , 52% returns in 2019 , -53% in 2018 )
and I did basically nothing ( I slowly added funds as time moved on )
and today when I checked my portfolio was 1k USD with a profit of 110 USD which is great lol
Back in KLSE I would have to read read read and I still might incur losses ( which is part of trading )

So basically the guy I'm copying averages 80% Returns in the past 8 years ( with 2 years of loses )

Which means if I were to place say 4k USD in him .... with an average ( 80% is bonkers So I'm using 30% )

4k USD with 30% Returns for 20 years ... it'd be 1.5MIL USD

I mean what ?

How does this even work .... this is even better than Buffett returns and from my experience returns like these are usually considered a scam. However this is E toro and all is there for you to see.

Is this too good to be true ?

BTW you can't follow this guy anymore as he's maxed out the number of copiers with a portfolio worth 100mi USD

Hi Everyone !

First of all

I'm much like many of you guys , just started investing during Covid

I initially invested a lot into KLSE, which I made a total of RM300 in 18 months ( I just sold a big chunk of my portfolio to reallocate to US markets )
and honestly I find the Malaysian market to be quite dull and at the moment I'm at a paper loss of RM5k 
Moving to Dec 2020 I decided to try out E toro after convincing myself that it's not a scam ( I tried to take out 100 USD which took 3 days to come out and I was charged 5 USD together with awful Forex Rates )

I decided to put in about 1k USD to try out.
I copied a guy called JayNemesis ( apparently is the No.1 trader in E toro with consistent returns over 24 months , 103% returns in 2020 , 52% returns in 2019 , -53% in 2018 )
and I did basically nothing ( I slowly added funds as time moved on )
and today when I checked my portfolio was 1k USD with a profit of 110 USD which is great lol
Back in KLSE I would have to read read read and I still might incur losses ( which is part of trading )

So basically the guy I'm copying averages 80% Returns in the past 8 years ( with 2 years of loses )

Which means if I were to place say 4k USD in him .... with an average ( 80% is bonkers So I'm using 30% )

4k USD with 30% Returns for 20 years ... it'd be 1.5MIL USD

I mean what ?

How does this even work .... this is even better than Buffett returns and from my experience returns like these are usually considered a scam. However this is E toro and all is there for you to see.

Is this too good to be true ?

BTW you can't follow this guy anymore as he's maxed out the number of copiers with a portfolio worth 100mi USD

Yes that is really true. Through my 18 months of investing, there was only 2 days that really got to me March 2020 and yesterday as I was adamant to not make the mistake I did in 2020. I was quite keen to TP ( even though I was educated not to ) back then, but I thought meh doesn't matter doesn't it. It's just another pandemic it'll pass. My portfolio recovered somewhat but lately as the pandemic got worse I have to remind myself of 2020 ... hence I made the painful decision.  I have quite a bit in FD hence I wouldn't want to add anymore in. Since 2% is quite awful.

Even with my losses my returns in the past 18 months was about 3% ( 4.5% including Div ) hence I'm more willing to take the risk.

The other days I'm quite fine with the market

Wholly agreed as he has not possess EQ and too sensitive to market movements with very very risk sensitivity index on alert

Wait till he trades FX and Crypto then will feel the pain even faster 

Because of the good rally now also.. will not be always like this bro...

Wholly agreed as he has not possess EQ and too sensitive to market movements with very very risk sensitivity index on alert

Wait till he trades FX and Crypto then will feel the pain even faster 

A prolong red market will test everyone. That's why a lot gave up in 2008. Everyday your money drop by 1-2% if put it into he market.
Let's see. He went and copy some trader on etoeo who have crypto.

A prolong red market will test everyone. That's why a lot gave up in 2008. Everyday your money drop by 1-2% if put it into he market.
Let's see. He went and copy some trader on etoeo who have crypto.

A prolong red market will test everyone. That's why a lot gave up in 2008. Everyday your money drop by 1-2% if put it into he market.
Let's see. He went and copy some trader on etoeo who have crypto.

The problem he has just like those who got burn easily because he has not posses the fundamentals on volatility which a slight drop is nothing to most of us as we has a better foresight, patience and outlook to seek, find and put the right calls at the right time

Still got a long way to go for me even though the past 2 months when the market corrected i made the right calls and still gain on my positions 

I might've been a little short sighted but I believe stronger in the American markets. After considering

1. US currency is cheap now. 2. Making use of the Crypto run.

I still hold some local stocks that I still have faith in. Dufu , Axiata , TopGlove some REITs that I believe will recover eventually.

But for some companies that I feel my assets can be better reallocated I've shifted them overseas. Will updated if it goes well.

I used to have the mindset of buying a stock and never selling much like what Buffet says, however some mental versatility should be practiced in these uncertain markets and I believe many can make better returns due to the volatility/uncertainty. I still believe in long term investing but not with a diehard zeal.

And you will repeat it again in when the next crash come. Mark my words. Why. Cause it not about being the best stock picker. Is whether you have guts. If you cannot stand the volatility of the market (market drawdown/crash) you are not ready for stock investing. Stay with FD. A good night sleep is better than anything.

usually it's a legit app, but gomen is planning to tax the gains on active traders

etoro is not approved by SC Malaysia, right? So far I know there is no local Stock exchange platform that have Copy Trading

Let see if he sustained the profit percentage annually.