When discussing the platform….this always comes up Daniel Kurin Etoro…Ideally you will pick something up along the way so what are copy portfolios so basically they are a basket of traders or properties selected by based upon a selected style kind of like a small etf in some aspects copy portfolios are excellent for diversity and are created to reduce long-term risk and make the most of present market chances each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading technique upon which it is based typically they are viewed as a medium to long-term financial investment lorry however you can stop your investment at any point at the existing market rates as long as the markets are open copy portfolios are fantastic for novices who desire a hands-off technique and if you look at’s website they in fact claim that they intend to offer up to double-digit annual returns while alleviating the danger related to the financial investment now bear in mind past 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 professionally handled funds are most likely to be adjusted day-to-day or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing generally with time the worth of private assets in a varied portfolio move up and down whereby they drift away from their target weights for example over the long term stocks generally increase much faster than etfs so the stock part of your portfolio will go up relative to the etf part the rebalancing system closes and opens positions occasionally to keep the asset allotment ratio and keep the copy portfolio method various copy portfolios rebalance at various times to others so generally you require to look at every one separately to find out the rebalancing duration when you purchase a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced automatically regularly to optimize its gain capacity so to start with there are 3 types now like i said i’m not going to evaluate each one but possibly i’ll do that in another video so let me know if this is something you would like to see in the comments 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 technique or concentrating on a specific market section as it says here they are constructed around an idea performance metric or an algorithm that chooses its leading carrying out assets and after that next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are picked by’s financial investment committee and algorithmically searching for particular trading characteristics that are enhanced for profit then last but not least we have actually got a partner copy portfolios these are portfolios created by third parties that perform comprehensive market analysis and has partnered with and once again have a theme so let’s discuss some of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to discuss what copyrighting is but if you want 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 below to start with i would say the primary pros of copy portfolios are that they are good for novices who desire a more hands-off method in regards to the marketplace copy portfolios i would state they are fantastic if you desire exposure to a particular industry where you believe the industry will do well as a whole for example you might want exposure to great deals of renewable energy companies or driverless cars companies since as a beginner you might not know much about individual stocks to choose it will likewise conserve you time as looking into great deals of private stocks can be very time consuming so letting do this on your behalf is excellent this is also true for the other 2 copy portfolio
Can you generate income on the trading platform?
types for example as a beginner you might not know what constitutes an excellent trader to copy if you want 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 selecting a trader based copy portfolio can provide you direct exposure to lots of traders that are chosen by algorithmically this is terrific for diversification if you’re brand-new to i personally would not invest all my cash in one trader and would try to spread it out over a variety of them in case one of them doesn’t do well and on the odd celebration this does happen i learnt this through copying a trader when starting so i was copying this guy and at the start he was succeeding then he just began to think the marketplace would crash so he started shorting lots of stocks and it never ever did and it simply kept increasing and then he still kept saying that the market was going to crash and it never did so i lost quite a bit of money so this is also a caution that your capital Daniel Kurin Etoro
Why is eToro considered to be bad?
Absolutely 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 took a look at that trader further 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 6 months even more down the line so while past performance is not arraigned for future results i have actually made some of my biggest earnings in copy portfolios for example i have actually been bought the in the game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under 4 years i have made an outrageous 210 earnings 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 remains in just over a year so if you compare that to a bank where you’ll be lucky 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 indicative of future outcomes so certainly there are some minor negatives to copy portfolios to start with it is not possible to eliminate a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio
Is eToro really free as they state?
so this is my virtual account here so say for instance you didn’t like a particular business or person that the copy portfolio had actually purchased or say for example you wanted to close one position to take earnings you would require to close the investment totally so that’s something to remember if you’re the type of person who creams the top of the earnings off of an investment so then possibly you ought to invest directly into stocks or traders that you would want 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 a few of these is rather high all the trader based copy portfolios require a minimum of five thousand us dollars and 5 thousand us dollars could be a lot so your option is to possibly look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then buy them manually yourself
obviously if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another unfavorable of copy portfolios and i couldn’t discover this out for definite but my understanding is that on market copy portfolios there isn’t any stop losses on private positions if somebody from etora sees this video and wants to verify this with me then please feel free to get in contact and after that i’ll put it as the pin remark below now this does not indicate 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 would not close and react out a position if there was a crash in the market whereas a genuine individual might respond to the market and liquidate positions and potentially buy back in at a lower entry point this may be worth thinking about when selecting a market copy portfolio so to buy copy portfolios
Why do you require 25k to day trade?
you would to start with go to the following link on the left here that says purchase copy portfolios this is my virtual account as i stated before service and then from here you have actually got the 3 types 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 different ones in here with great deals of different styles so it deserves having a browse so state let’s simply click this crypto copy portfolio here that with its outright insane results of 935 spot for 2 in the last 12 months that’s mad so it’s an extremely similar design to a regular property on with the feed on the first page the description on the right here will generally describe what the copy portfolio’s methodology is and the minimum financial investment quantity this need to 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 have actually just discovered here the description on the first page doesn’t always match the description on the second page so to discover the rebalancing if you go on here i have actually simply found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion including brand-new listings or de-listing based on the terms pointed out above and the minimum investment
amount is 1000 us dollars so as you can see here on the right-hand man side we have actually got the asset allotment now you truly require to bear in mind of this as i discovered this the hard way and by this i might discover this in two ways so i actually purchased one of these crypto copy portfolios a long time ago when i was starting on and i didn’t check the weightings and i presume they were all equal yes i understand i was an enormous noob and a novice well among these cryptos was more greatly weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and squandered my position and then as cryptos do it got better up uh due to the fact that they are so volatile so not only did i lose a great deal of money and i wasn’t able to redeem ins since the cost had bounced up but i likewise can’t bear to think more that would deserve now today it’s simply uh i missed out on i missed out on that one however it’s lesson to discover and often the best lessons in trading are regrettably found out the hard way you will not forget them when you make a terrible error like that so moving on from that if we scroll further down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll observe there’s some stars next to the numbers
and this implies as it says here the stars are based on back tested outcomes then you have actually got a typical risk rating here on the left hand side and likewise you can see the variety of financiers in this copy portfolio and after that down at the bottom we’ve got some good charts for net direct exposure and allowance then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some nice charts here which just reveal the different allotment however if you in fact wish to see the actual holdings you can see the present holdings in there in the portfolio and their existing profit and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has actually closed out of so if we set that to perhaps 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 efficiency of this copy portfolio over time so to purchase this you simply click the huge button on the leading right that states invest and then you can set an amount 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 a maximum 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 taping this video on a sunday Daniel Kurin Etoro
If you were to in fact invest in a copy portfolio that invested in stocks then it would not actually open those positions up 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 stop briefly the financial investment you can adjust the stop loss or you can close the investment now if you want to increase the financial investment one thing i have actually observed when looking at a lot of these is that the minimum amount you can include to a copy portfolio once it is open is a thousand dollars now i do not understand if that’s the exact same for all of them but 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 been valuable to you if you are thinking about investing in a copy portfolio then please do your own due diligence initially if you’ve got any concerns on this video then please let me know in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you think could be a great financial investment i ‘d like to understand and i read all your comments if you found this video helpful in any way then i ‘d truly value an early thumbs up as it actually helps support the channel also for those of you interested in signing up to and haven’t 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 does not cost you anything extra however it actually helps support this channel so why not give a go before depositing any genuine money as they will provide you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any genuine money also if you wish to discover more about how works or more about personal finance and investing then i have numerous videos on my channel so i recommend you check them out so please subscribe and press the bell icon so you do not lose out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll capture you in the next one Daniel Kurin Etoro