When discussing the platform….this always comes up Can You Trade Bitcoin On Thinkorswim…Ideally you will select something up along the way so what are copy portfolios so basically they are a basket of traders or properties selected by based on a picked theme sort of like a small etf in some aspects copy portfolios are great for diversity and are developed to minimize long-term danger and take advantage of current market opportunities each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading technique upon which it is based normally they are seen as a medium to long-term investment vehicle however you can stop your financial investment at any point at the existing market rates as long as the markets are open copy portfolios are terrific for newbies who want a hands-off approach and if you look at’s website they actually declare that they intend to provide to double-digit yearly returns while alleviating the risk associated with the financial investment now bear in mind previous efficiency isn’t indicative of future results however that is what they aim to do so copy portfolios are kind of like an etf
A managed portfolio without the charges although real professionally managed funds are likely to be changed daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially in time the value of private possessions in a varied portfolio move up and down where they drift away from their target weights for instance over the long term stocks generally increase faster than etfs so the stock part of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions periodically to keep the asset allocation ratio and maintain the copy portfolio method various copy portfolios rebalance at different times to others so generally you require to take a look at each one individually to discover the rebalancing period once you purchase a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced instantly regularly to maximize its gain capacity so first of all there are three types now like i said i’m not going to examine every one but perhaps i’ll do that in another video so let me know if this is something you wish to see in the remarks if you see here we have market copy portfolios leading 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 strategy or concentrating on a particular market segment as it says here they are developed around a concept efficiency metric or an algorithm that picks its top carrying out possessions and then next we’ve got the top trader copy portfolios top traders buy a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are chosen by’s investment committee and algorithmically looking for specific trading attributes that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that perform comprehensive market analysis and has partnered with and once again have a theme so let’s talk about some of the pros and cons of copying individuals versus copying portfolios so i’m not going to describe what copyrighting is however if you wish to know more about that then go check out my video which i’ll position a link to up here and in the description below to start with i would state the main pros of copy portfolios are that they benefit beginners who desire a more hands-off approach in regards to the marketplace copy portfolios i would state they are fantastic if you want exposure to a particular industry where you think the industry will do well as a whole for example you may want exposure to lots of renewable energy companies or driverless vehicles companies because as a newbie you might not know much about individual stocks to pick it will likewise conserve you time as investigating great deals of specific stocks can be really time taking in so letting do this on your behalf is excellent this is likewise real for the other two copy portfolio
Can you earn money on the trading platform?
types for instance as a novice you may not know what constitutes a good trader to copy if you need to know how i personally discover people to copy on then go have 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 direct exposure to great deals of traders that are selected by algorithmically this is terrific for diversification if you’re brand-new to i personally would not invest all my money in one trader and would try to spread it out over a number of them in case among them does not succeed and on the odd event this does take place i learnt this through copying a trader when starting out so i was copying this man and at the start he was doing well then he just began to think the market would crash so he started shorting great deals of stocks and it never ever did and it just kept going up and after that he still kept stating that the market was going to crash and it never ever did so i lost quite a bit of cash so this is also a caution that your capital Can You Trade Bitcoin On Thinkorswim
Why is eToro considered to be bad?
Absolutely at risk eventually 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 happy about however i took a look at that trader even more down the line and he continued to lose more money so cutting my losses at that point i did was better than where i would have been six months even more down the line so while previous performance is not arraigned for future outcomes i have made a few of my most significant earnings in copy portfolios for example i have actually been purchased the in the game copy portfolio given that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under 4 years i have actually made an outrageous 210 profit likewise in 2015 i bought the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a massive 47.08 revenue and that 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 right now that’s that’s some outrageous growth i’m getting here on but like i said previous performance is not a sign of future results so clearly there are some minor negatives to copy portfolios to start with it is not possible to remove a part of the financial investment it’s also not possible to close individual positions within a copy portfolio
Is eToro truly complimentary as they state?
This is my virtual account here so state for example you didn’t like a particular business or individual that the copy portfolio had invested in or say for example you desired to close one position to take profits you would need to close the financial investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the profits off of an investment so then potentially you need to invest directly into stocks or traders that you would desire to copy rather than in a copy portfolio likewise while some of the copy portfolios have an entry point that begins at 1 000 us dollars the entry level on some of these is rather high all the trader based copy portfolios require at least 5 thousand us dollars and five thousand us dollars could be a lot so your option is to possibly look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them by hand yourself
clearly 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 could not find this out for certain 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 would like to validate 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 imply you can’t personally set a stop loss on the copy portfolio yourself however say for example 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 individual could respond to the marketplace and liquidate positions and possibly buy back in at a lower entry point this may deserve thinking about when picking a market copy portfolio so to invest in copy portfolios
Why do you need 25k to day trade?
you would first of all go to the following link on the left here that states invest in copy portfolios this is my virtual account as i stated before service and after that from here you have actually got the 3 types of copy portfolios that we were speaking about 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 various styles so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its absolute ridiculous outcomes of 935 area for two in the last 12 months that seethes so it’s a really comparable design to a typical asset on with the feed on the first page the description on the right here will usually detail what the copy portfolio’s methodology is and the minimum investment quantity this must likewise lay out how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment quantity is 1 000 us dollars so as i’ve just noticed here the description on the very first page doesn’t constantly match the description on the second page so to find out the rebalancing if you go on here i have actually simply discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion consisting of new listings or de-listing based upon the terms mentioned above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we have actually got the possession allocation now you really require to take note of this as i learned this the hard way and by this i may learn this in 2 methods so i in fact bought among these crypto copy portfolios a long period of time ago when i was starting on and i didn’t check the weightings and i presume they were all equivalent yes i understand i was a massive noob and a rookie well among these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then hit the stop loss and cashed out my position and after that as cryptos do it recovered up uh because they are so unpredictable so not just did i lose a great deal of money and i wasn’t able to buy back ins since the rate had bounced up but i likewise can’t bear to think more that would be worth now today it’s simply uh i missed out on i missed out on that one but it’s lesson to find out and in some cases the best lessons in trading are sadly found out the hard way you won’t forget them when you make a terrible error like that so moving on from that if we scroll further 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 indicates as it says here the stars are based on back evaluated results then you have actually got a typical danger rating here on the left hand side and likewise you can see the number of investors in this copy portfolio and then down at the bottom we have actually got some good charts for net exposure and allotment then if you click the portfolio here you can see the current holdings in the portfolio and you’ve got some nice graphs here which simply reveal the different allotment however if you really wish to see the actual holdings you can see the current holdings in there in the portfolio and their current earnings and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has liquidated of so if we set that to perhaps one year you can see the historical trades this copy portfolio has liquidated of then on the last tab we have a chart showing the efficiency of this copy portfolio over time so to buy this you just click the big button on the top right that says invest and then you can set a quantity here that you wish to put in then you can set a stop loss below and i’m simply going to leave that at 400 this is my virtual account feel in one’s bones there is a minimum and an optimum on the stop loss here so if i press the invest here and now it started investing in copy portfolio now this copy portfolio did open straight away since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Can You Trade Bitcoin On Thinkorswim
so if you were to really buy a copy portfolio that bought stocks then it would not really open those positions until the markets 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 investment you can change the stop loss or you can close the investment now if you want to increase the investment something i have discovered when looking at a bunch of these is that the minimum amount you can contribute to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the same for all of them however i took a look at a handful and they did all seem to state it was a thousand that you might add minimum so that’s something definitely to keep in mind when opening your copy portfolio position so i hope this video has actually been practical 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 understand in the comments let us understand if you purchase copy portfolios and if so which ones or
which ones do you think could be an excellent investment i ‘d like to understand and i checked out all your comments if you found this video helpful in any way then i ‘d actually value an early thumbs up as it actually helps support the channel also for those of you thinking about registering to and haven’t currently then there’s an an affiliate link below where if you do register using it then i will get a kickback and it does not cost you anything additional but it truly helps support this channel so why not give a go before depositing any real money as they will offer you a demo account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any real money also if you want to learn more about how works or more about personal finance and investing then i have numerous videos on my channel so i suggest you check them out so please press the bell and subscribe icon so you do not lose out on any future updates it’s been ollie from get geek financing thank you for watching and i’ll capture you in the next one Can You Trade Bitcoin On Thinkorswim