When discussing the platform….this always comes up Is Bitcoin Trading Haram…Hopefully you will choose something up along the way so what are copy portfolios so essentially they are a basket of traders or properties chosen by based upon a selected theme kind of like a tiny etf in some aspects copy portfolios are excellent for diversification and are developed to reduce long-lasting risk and take advantage of existing market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading method upon which it is based typically they are viewed as a medium to long-term investment vehicle however you can stop your investment at any point at the current market rates as long as the markets are open copy portfolios are excellent for beginners who want a hands-off approach and if you look at’s website they actually claim that they aim to provide to double-digit annual returns while mitigating the risk associated with the financial investment now bear in mind past performance isn’t a sign of future outcomes but that is what they intend to do so copy portfolios are type of like an etf
A handled portfolio without the charges although real expertly handled funds are most likely to be changed day-to-day or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing basically over time the worth of specific possessions in a varied portfolio go up and down where they drift away from their target weights for example over the long term stocks generally increase much faster than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions regularly to keep the asset allocation ratio and keep the copy portfolio method different copy portfolios rebalance at different times to others so essentially you require to take a look at every one separately to learn the rebalancing period once you buy a copy portfolio your capital is expertly managed by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced instantly occasionally to maximize its gain capacity so firstly there are three types now like i said i’m not going to evaluate each one however maybe i’ll do that in another video so let me know if this is something you want 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 invest in a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or concentrating on a particular market sector as it states here they are developed around a concept performance metric or an algorithm that chooses its leading performing assets and after that next we’ve got the leading trader copy portfolios top traders buy a group of traders these compromise the best carrying out traders on according to a predefined strategy the traders within are selected by’s financial investment committee and algorithmically looking for specific trading characteristics that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios created by 3rd parties that conduct extensive market analysis and has actually partnered with and again have a theme so let’s go over some of the pros and cons of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you wish 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 first of all i would say the primary 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 say they are fantastic if you want exposure to a specific market where you think the industry will do well as a whole for example you may desire exposure to great deals of renewable resource business or driverless automobiles business because as a beginner you may not know much about specific stocks to select it will likewise conserve you time as researching lots of specific stocks can be really time taking in so letting do this on your behalf is terrific this is also true for the other two copy portfolio
Can you make money on the trading platform?
types for example as a beginner you might not know what constitutes a good 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 listed below selecting a trader based copy portfolio can provide you direct exposure to great deals of traders that are chosen by algorithmically this is fantastic for diversity 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 one of them doesn’t succeed and on the odd event this does take place i learnt this through copying a trader when starting so i was copying this person and at the start he was succeeding then he just began to think the marketplace would crash so he began shorting lots of stocks and it never did and it just kept going up and after that he still kept stating that the marketplace was going to crash and it never did so i lost a fair bit of cash so this is likewise a caution that your capital Is Bitcoin Trading Haram
Why is eToro thought about to be bad?
Absolutely at risk eventually i had to cut my losses with this trader and i think i ended up losing over a thousand dollars in the end which i was not delighted about but 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 past performance is not prosecuted for future results i have made a few of my greatest profits in copy portfolios for example i’ve 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 just under four years i have made a crazy 210 earnings also last year i invested in the big tech copy portfolio in january 2020 and now 16 months later this has made a whopping 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 ridiculous development i’m getting here on however like i said previous performance is not a sign of future outcomes so certainly there are some small negatives to copy portfolios to start with it is not possible to eliminate a part of the investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro actually complimentary as they state?
so this is my virtual account here so say for example you didn’t like a specific company or individual that the copy portfolio had invested in or state for instance you wished to close one position to take revenues you would need to close the financial investment entirely so that’s something to remember if you’re the sort of person who creams the top of the revenues off of an investment so then perhaps you ought to invest directly into stocks or traders that you would want to copy rather than in a copy portfolio also while a few of the copy portfolios have an entry point that starts at 1 000 us dollars the entry level on some of these is quite 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 alternative is to potentially take a look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that invest in them by hand yourself
undoubtedly if you did this you would not get any rebalancing as you would on a copy portfolio now potentially another negative of copy portfolios and i could not find this out for definite however 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 then i’ll put it as the pin remark below now this doesn’t imply 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 react out a position if there was a crash in the market whereas a real individual might react to the marketplace and close out positions and possibly redeem 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 require 25k to day trade?
you would firstly go to the following link on the left here that states buy copy portfolios this is my virtual account as i stated prior to service and then from here you’ve got the three kinds of copy portfolios that we were speaking about previously and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of various ones in here with great deals of various themes so it deserves having a browse so say let’s just click this crypto copy portfolio here that with its outright ridiculous results of 935 area for 2 in the last 12 months that seethes so it’s an extremely similar design to a normal property on with the feed on the very first page the description on the right here will usually detail what the copy portfolio’s method is and the minimum investment amount this need to likewise lay out 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 seen here the description on the very first page does not constantly match the description on the 2nd page so to discover 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 annual or by the financial investment committee discretion consisting of brand-new listings or de-listing based on the terms discussed above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right hand side we’ve got the property allotment now you really need to take note of this as i discovered this the hard way and by this i might discover this in two methods so i actually invested in one of these crypto copy portfolios a long period of time ago when i was starting on and i didn’t examine the weightings and i presume they were all equal yes i understand i was an enormous noob and a novice well one of these cryptos was more heavily weighted than the others and that one tanked whereas the others didn’t it then hit the stop loss and squandered my position and then as cryptos do it recovered up uh since they are so unpredictable so not only did i lose a lot of cash and i wasn’t able to buy back ins since the cost had actually bounced up but i also can’t bear to think more that would be worth now today it’s just uh i missed out on i missed out on that one however it’s lesson to discover and sometimes the best lessons in trading are sadly learnt the hard way you won’t forget them when you make a dreadful error like that so moving on from that if we scroll further down we have the historic 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 outcomes then you have actually got a typical risk score here on the left hand side and also you can see the variety of financiers in this copy portfolio and then down at the bottom we have actually got some good graphs for net direct exposure and allowance then if you click on the portfolio here you can see the current holdings in the portfolio and you’ve got some good charts here which simply show the different allowance but if you really wish to see the actual holdings you can see the existing 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 historic trades this copy portfolio has liquidated of so if we set that to possibly one year you can see the historical trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio in time so to purchase this you simply click the huge button on the top right that states invest and then you can set an amount here that you want 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 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 buying copy portfolio now this copy portfolio did open quickly due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Is Bitcoin Trading Haram
If you were to in fact invest in a copy portfolio that invested in stocks then it would not in fact open those positions till 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 financial investment you can stop briefly the investment you can adjust the stop loss or you can close the investment now if you want to increase the investment one thing i have seen when looking at a bunch of these is that the minimum quantity you can include to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the very same for all of them but i looked at a handful and they did all seem to state it was a thousand that you might 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 helpful to you if you are thinking about investing in 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 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 investment i ‘d love to know and i read all your comments if you discovered this video useful in any way then i ‘d actually value an early thumbs up as it truly helps support the channel also for those of you interested in signing up to and have not currently 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 but it truly helps support this channel so why not give a go before transferring any genuine money as they will provide you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine cash likewise if you want to find out more about how works or more about personal finance and investing then i have many videos on my channel so i suggest 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 enjoying and i’ll catch you in the next one Is Bitcoin Trading Haram