When discussing the platform….this always comes up Become A Professional Trader On Etoro…Ideally you will pick something up along the way so what are copy portfolios so essentially they are a basket of traders or possessions selected by based on a selected style sort of like a mini etf in some respects copy portfolios are excellent for diversification and are developed to decrease long-lasting threat and make the most of current market chances each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading strategy upon which it is based generally they are seen as a medium to long-term financial investment automobile however you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are great for beginners who want a hands-off technique and if you take a look at’s site they really declare that they intend to offer up to double-digit annual returns while mitigating the risk associated with the financial investment now remember previous efficiency isn’t indicative of future outcomes but that is what they intend to do so copy portfolios are sort of like an etf
A managed portfolio without the costs although actual expertly handled funds are most likely to be changed everyday or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing essentially over time the worth of individual properties in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks normally rise quicker than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions periodically to keep the asset allotment ratio and keep the copy portfolio method various copy portfolios rebalance at different times to others so generally you need to look at each one separately to learn the rebalancing duration as soon as you invest in a copy portfolio your capital is professionally managed by’s financial investment committee each copy portfolio’s performance is examined in depth and rebalanced instantly occasionally to maximize its gain potential so firstly there are three types now like i said i’m not going to evaluate every one but possibly i’ll do that in another video so let me understand if this is something you would like to see in the remarks if you see here we have market copy portfolios top trader copy portfolios and partner copy portfolios so market copy portfolios purchase a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market sector as it says here they are constructed around an idea efficiency metric or an algorithm that chooses its top performing assets and after that next we’ve got the leading trader copy portfolios leading traders invest in a group of traders these compromise the very best performing traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically searching for specific trading characteristics that are optimized for profit then last but not least we have actually got a partner copy portfolios these are portfolios created by 3rd parties that carry out thorough market analysis and has actually partnered with and again have a style so let’s go over a few of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to discuss what copyrighting is but if you need to know more about that then go take a look at my video which i’ll put a link to up here and in the description listed below to start with i would state the main pros of copy portfolios are that they are good for novices who want a more hands-off method in regards to the marketplace copy portfolios i would state they are terrific if you want exposure to a particular market where you think the industry will succeed as a whole for instance you might desire exposure to great deals of renewable resource business or driverless vehicles companies since as a novice you might not know much about individual stocks to choose it will also conserve you time as investigating great deals of individual stocks can be extremely time taking in so letting do this on your behalf is fantastic this is likewise real for the other two copy portfolio
Can you generate income on the trading platform?
types for example as a beginner you might not know what constitutes a great trader to copy if you would like to know how i personally discover people to copy on then go take a look at my video which i’ll put a link to up here and in the description below picking a trader based copy portfolio can give you exposure to lots of traders that are selected by algorithmically this is excellent for diversity if you’re brand-new to i personally would not invest all my cash in one trader and would attempt to spread it out over a variety of them in case one of them doesn’t succeed and on the odd event this does happen i learnt this through copying a trader when beginning so i was copying this man and at the start he was doing well then he simply began to think the marketplace would crash so he began shorting lots of stocks and it never did and it simply kept increasing and after that he still kept stating that the marketplace was going to crash and it never ever did so i lost a fair bit of cash so this is also a warning that your capital Become A Professional Trader On Etoro
Why is eToro considered to be bad?
Certainly at risk ultimately i had to cut my losses with this trader and i believe i ended up losing over a thousand dollars in the end which i was not delighted about however i looked at that trader even more down the line and he continued to lose more cash so cutting my losses at that point i did was much better than where i would have been six months further down the line so while previous performance is not indicted for future results i have actually made a few of my biggest profits in copy portfolios for example i’ve been invested in the in the video game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have made a crazy 210 earnings likewise last year i purchased the big tech copy portfolio in january 2020 and now 16 months later this has actually made a tremendous 47.08 revenue which is in simply over a year so if you compare that to a bank where you’ll be fortunate to get one percent in a year today that’s that’s some crazy development i’m getting here on but like i said previous efficiency is not a sign of future results so clearly there are some minor negatives to copy portfolios first of all it is not possible to eliminate a part of the financial investment it’s also not possible to close private positions within a copy portfolio
Is eToro really totally free as they state?
so this is my virtual account here so say for example you didn’t like a specific business or person that the copy portfolio had invested in or say for instance you wanted to close one position to take profits you would require to close the financial investment entirely so that’s something to bear in mind if you’re the sort of person who creams the top of the earnings off of a financial investment so then perhaps you need to invest straight into stocks or traders that you would wish to copy instead of in a copy portfolio also while some of the copy portfolios have an entry point that begins at 1 000 us dollars the entry level on a few of these is quite high all the trader based copy portfolios need a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your alternative is to potentially take a look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them manually yourself
certainly if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another negative of copy portfolios and i couldn’t find this out for definite but my understanding is that on market copy portfolios there isn’t any stop losses on private positions if someone from etora sees this video and wants to verify this with me then please do not hesitate to get in contact and after that i’ll put it as the pin remark listed below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself however state for instance if you’re copying a market copy portfolio it wouldn’t close and respond out a position if there was a crash in the market whereas a genuine person could react to the market and close out positions and potentially buy back in at a lower entry point this might be worth thinking about when picking a market copy portfolio so to invest in copy portfolios
Why do you require 25k to day trade?
you would first of all go to the following link on the left here that says buy copy portfolios this is my virtual account as i said before service and then from here you have actually got the 3 kinds of copy portfolios that we were discussing in the past and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of various ones in here with lots of different themes so it deserves having a browse so say let’s simply click on this crypto copy portfolio here that with its outright crazy outcomes of 935 area for two in the last 12 months that’s mad so it’s a really comparable design to a normal property on with the eat the first page the description on the right here will usually describe what the copy portfolio’s approach is and the minimum financial investment amount this need to also outline how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum investment amount is 1 000 us dollars so as i have actually just observed here the description on the first page does not constantly match the description on the 2nd page so to find out the rebalancing if you go on here i have actually simply found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of new listings or de-listing based upon the terms pointed out above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we’ve got the possession allowance now you actually require to bear in mind of this as i discovered this the hard way and by this i might discover this in two methods so i really bought one of these crypto copy portfolios a very long time ago when i was starting out on and i didn’t examine the weightings and i presume they were all equivalent yes i know i was a massive noob and a novice well among these cryptos was more greatly weighted than the others and that one tanked whereas the others didn’t it then hit the stop loss and cashed out my position and then as cryptos do it bounced back up uh since they are so volatile so not only did i lose a great deal of cash and i wasn’t able to redeem ins since the rate had bounced up however i likewise can’t bear to think more that would deserve now today it’s just uh i missed i lost out on that one but it’s lesson to discover and in some cases the best lessons in trading are sadly learnt the hard way you won’t forget them when you make a terrible error like that so moving on from that if we scroll even more down we have the historical stats of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars beside the numbers
and this means as it states here the stars are based upon back checked outcomes then you’ve got a typical risk score here on the left hand side and also you can see the variety of investors in this copy portfolio and after that down at the bottom we’ve got some great charts for net direct exposure and allotment then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some good charts here which just reveal the different allocation however if you in fact want to see the real holdings you can see the present holdings in there in the portfolio and their current earnings and loss here um and if you change this bit here you can see the historical trades this copy portfolio has actually liquidated of so if we set that to maybe one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart revealing the performance of this copy portfolio in time so to buy this you just click the huge button on the top right that says invest and after that you can set a quantity here that you wish to put in then you can set a stop loss below and i’m just going to leave that at 400 this is my virtual account just know there is a minimum and a maximum on the stop loss here so if i press the invest here and now it began purchasing copy portfolio now this copy portfolio did open straight away due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Become A Professional Trader On Etoro
so if you were to in fact purchase a copy portfolio that bought stocks then it would not actually open those positions until the marketplaces open on monday so as you can see here this is the crypto portfolio on my virtual account and if you click the cog up here you can increment the investment you can pause the financial investment you can adjust the stop loss or you can close the investment now if you wish to increase the financial investment something i have actually seen when taking a look at a bunch of these is that the minimum quantity you can add to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the same for all of them however i looked at a handful and they did all seem to state it was a thousand that you could add minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has actually been handy to you if you are considering purchasing a copy portfolio then please do your own due diligence first if you’ve got any concerns on this video then please let me know in the comments let us understand if you buy copy portfolios and if so which ones or
which ones do you think could be a good financial investment i ‘d like to know and i checked out all your remarks if you found this video handy in any way then i ‘d really value an early thumbs up as it really helps support the channel also for those of you thinking about signing up to and have not already then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it doesn’t cost you anything additional but it really helps support this channel so why not give a go before depositing any real cash as they will give you a demo account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any genuine money also if you want to find out more about how works or more about individual financing and investing then i have many videos on my channel so i recommend you check them out so please push the bell and subscribe icon so you do not lose out on any future updates it’s been ollie from get geek finance thank you for viewing and i’ll capture you in the next one Become A Professional Trader On Etoro