eToro Copy Trading Review of CPHequities
eToro Copy Trading | CPHequities
CPHequities (Christian Jain Kongsted) is an Elite Pro Popular Investor from Denmark who originally trained as a Journalist in 1999, then worked in Journalism, then later digital marketing using the Tech giants tools of Facebook, Google, etc. This direct connection with Tech inspired him to start investing in these Tech companies in 2006 knowing the potential and understanding their business strategy. Although he admits, not the best time to start trading and he learned a lot from the bear market in 2008, losing money to that crash, which is essential in trading, learning from your mistakes.
It was not till 2012 that he started getting serious about trading. In 2015 he dedicated 50% of his time as a trader/investor but in 2020 he quit his digital marketing job to pursue trading as a full-time career.
CPHequities is an avid chess and scrabble player, winning the Danish scrabble title 4 times, and a former elite chess player coming 7th in the Danish league in 2006. He learned many skills from playing these games such as pattern recognition, a highly analytic approach to problem-solving, and being cool under pressure. CPHequities has also written many books, most interesting is a day trading book in 2015 where he interviewed the best day traders in Denmark for research, which really inspired his learning and focus on trading.
CPH equities loves a challenge whether climbing a mountain or the above achievements, his goal on eToro is to turn 65,000 dollars from June 2020 into 1 million dollars in the next 17 years, without any further deposit, which will beat the S&P 500 forecast by 10 percent per annum using a safe strategy to achieve. This shows that CPHequities is a long-term investor and his trading strategy uses Technical analysis, Fundamental analysis, and Algorithms to find the best opportunities in growth stocks while diversifying his portfolio.
His current portfolio consists of:
Strong Tech (with the vision of the digitalization of goods and services)
E-commerce, from the U.S. and Latin America.
Global payment systems such as Visa and Mastercard.
Cybersecurity companies such as Cloudflare.
And Crypto such as Bitcoin & Ethereum.
Inflation Hedges are Luxury goods, commodities, and banking.
His Core Stocks are Tech Companies which are currently 26% of his portfolio. These tech companies are Google, Facebook, Microsoft, and Amazon.
Stats and performance:
CPH equities performance stats are pretty impressive. He has been profitable and in the Green for the past 5 years. This gives him is an average year-to-year profit of 29% over the past 4 years.
He says he focuses on keeping a reasonably low risk, but his stats show a low to medium risk score ranging from 3 to 6.
His max drawdowns are pretty good. Daily -4.97%, Weekly -7%, and yearly -26.3 % which are similar to most popular investors at his level.
He currently has 20572 copiers which is massive, making him one of the most copied investors on eToro. And using the wisdom of the crowd, if that many people copy him, he must be good.
He has at least over 5 million of other people's money under management, this figure is most likely much higher but not shown on eToro.
He averages 3.81 trades a week, with an average hold time of 5 months and profitable weeks are at 54.72%.
If you had to copy CPH equities with 10,000 dollars 2 years ago you would now have 16,257 dollars. This has beaten the S&P by 20% over the two years which is in line with his forecasts stated earlier. But note, these figures do not include any added funds by the investor or the copier.