When discussing the platform….this always comes up Kraken Vs Etoro Vs Poloniex…Ideally you will choose something up along the way so what are copy portfolios so generally they are a basket of traders or assets chosen by based upon a chosen theme sort of like a small etf in some aspects copy portfolios are great for diversification and are developed to decrease long-lasting threat and benefit from existing market chances each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading strategy upon which it is based normally they are viewed as a medium to long-lasting financial investment automobile but you can stop your investment at any point at the current market rates as long as the markets are open copy portfolios are terrific for beginners who desire a hands-off method and if you look at’s site they actually declare that they intend to offer up to double-digit annual returns while alleviating the risk related to the investment now remember past efficiency isn’t indicative of future outcomes however that is what they intend to do so copy portfolios are type of like an etf
A managed portfolio without the fees although actual expertly managed funds are likely to be adjusted everyday or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally over time the worth of individual properties in a varied portfolio go up and down whereby they drift away from their target weights for instance over the long term stocks usually increase faster than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing system closes and opens positions periodically to keep the property allocation ratio and keep the copy portfolio method different copy portfolios rebalance at different times to others so essentially you need to take a look at every one individually to learn the rebalancing duration as soon as you purchase a copy portfolio your capital is professionally managed by’s investment committee each copy portfolio’s performance is examined in depth and rebalanced instantly periodically to optimize its gain capacity so first of all there are three types now like i said i’m not going to evaluate every one however maybe 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 top trader copy portfolios and partner copy portfolios so market copy portfolios purchase a mix of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market section as it says here they are built around an idea efficiency metric or an algorithm that selects its leading performing properties and then next we’ve got the top trader copy portfolios top traders purchase a group of traders these compromise the very best carrying out traders on according to a predefined method the traders within are picked by’s investment committee and algorithmically trying to find specific trading characteristics that are optimized for profit then lastly we’ve got a partner copy portfolios these are portfolios created by third parties that conduct comprehensive market analysis and has actually partnered with and once again have a theme so let’s talk about a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to describe what copyrighting is but if you want to know more about that then go check out my video which i’ll position a link to up here and in the description listed below firstly i would state the main pros of copy portfolios are that they are good for newbies who desire a more hands-off method in regards to the marketplace copy portfolios i would say they are excellent if you desire direct exposure to a particular industry where you believe the industry will do well as a whole for example you might desire exposure to lots of renewable energy companies or driverless automobiles business since as a novice you might not know much about individual stocks to pick it will likewise save you time as researching lots of individual stocks can be really time taking in so letting do this in your place is fantastic this is likewise true for the other two copy portfolio
Can you make money on the trading platform?
types for example as a beginner you may not know what constitutes a great trader to copy if you would like to know how i personally find individuals to copy on then go have 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 selected by algorithmically this is great 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 among them does not do well and on the odd celebration this does occur i discovered this through copying a trader when starting out so i was copying this person and at the start he was succeeding then he simply started to believe the marketplace would crash so he started shorting lots of stocks and it never ever did and it simply kept going up and after that he still kept saying that the market 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 Kraken Vs Etoro Vs Poloniex
Why is eToro considered to be bad?
Definitely at risk ultimately i needed to cut my losses with this trader and i think i wound up losing over a thousand dollars in the end which i was not delighted about however i looked 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 prosecuted for future results i have made some of my most significant revenues in copy portfolios for instance i have actually been invested in the in the game copy portfolio since 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 a ridiculous 210 earnings also last year i bought the big tech copy portfolio in january 2020 and now 16 months later on this has made a tremendous 47.08 revenue which remains in just 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 insane growth i’m getting here on however like i said past performance is not a sign of future results so certainly there are some minor negatives to copy portfolios firstly it is not possible to remove a part of the financial investment it’s also not possible to close specific positions within a copy portfolio
Is eToro actually free as they state?
This is my virtual account here so say for example you didn’t like a specific company or person that the copy portfolio had actually invested in or state for example you wanted to close one position to take earnings you would need to close the investment totally so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of an investment so then perhaps you must invest straight 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 starts 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 might be a lot so your alternative is to potentially 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
undoubtedly 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 guaranteed but my understanding is that on market copy portfolios there isn’t any stop losses on individual positions if someone from etora sees this video and would like to confirm this with me then please do not hesitate to get in contact and after that i’ll put it as the pin comment listed below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself but state for example 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 could respond to the marketplace and liquidate positions and potentially buy back in at a lower entry point this might 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 buy copy portfolios this is my virtual account as i said before service and after that from here you’ve got the 3 types of copy portfolios that we were speaking about before and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of different ones in here with great deals of different styles so it deserves having a browse so say let’s just click this crypto copy portfolio here that with its absolute outrageous results of 935 area for two in the last 12 months that seethes so it’s a very similar design to a normal possession on with the feed on the very first page the description on the right here will usually outline what the copy portfolio’s methodology is and the minimum financial investment quantity this need to also detail how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum investment quantity is 1 000 us dollars so as i’ve 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’ve simply discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of brand-new listings or de-listing based on the terms pointed out above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right hand side we have actually got the asset allowance now you truly need to remember of this as i discovered this the hard way and by this i may discover this in 2 ways so i really bought one of these crypto copy portfolios a long period of 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 huge noob and a rookie well one of these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and cashed out my position and then as cryptos do it recuperated up uh since they are so unpredictable so not only did i lose a lot of money and i wasn’t able to buy back ins due to the fact that the cost had bounced up however i also can’t bear to think more that would deserve now today it’s just uh i missed i lost out on that one however it’s lesson to learn and often the best lessons in trading are unfortunately found out the hard way you will not forget them when you make a terrible mistake like that so carrying 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 see there’s some stars next to the numbers
and this implies as it states here the stars are based upon back tested outcomes then you have actually got an average risk score here on the left hand side and also you can see the variety of investors 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 existing holdings in the portfolio and you have actually got some great graphs here which just show the various allocation however if you actually want to see the real holdings you can see the current holdings in there in the portfolio and their existing revenue and loss here um and if you alter this bit here you can see the historic 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 actually closed out of then on the last tab we have a chart revealing the performance of this copy portfolio over time so to purchase this you just click the huge button on the leading right that says invest and after that you can set an amount 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 an optimum on the stop loss here so if i press the invest here and now it started purchasing copy portfolio now this copy portfolio did open quickly because it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Kraken Vs Etoro Vs Poloniex
so if you were to in fact purchase a copy portfolio that bought 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 pause the financial investment you can change the stop loss or you can close the financial investment now if you want to increase the investment one thing i have actually noticed when looking at a lot of these is that the minimum amount you can add to a copy portfolio once it is open is a thousand dollars now i do not understand if that’s the same for all of them however i looked at a handful and they did all appear to state it was a thousand that you could add minimum so that’s something certainly to keep in mind when opening your copy portfolio position so i hope this video has actually been useful to you if you are considering purchasing a copy portfolio then please do your own due diligence first if you’ve got any questions on this video then please let me know in the remarks let us know if you buy copy portfolios and if so which ones or
which ones do you believe could be a great investment i ‘d enjoy to know and i read all your comments if you found this video useful in any way then i ‘d truly value an early thumbs up as it actually assists 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 utilizing it then i will get a kickback and it does not cost you anything additional however it truly assists support this channel so why not give a go prior to transferring any genuine 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 wish to find out more about how works or more about individual finance and investing then i have numerous videos on my channel so i recommend you check them out so please press the bell and subscribe icon so you don’t miss out on any future updates it’s been ollie from get geek financing thank you for watching and i’ll catch you in the next one Kraken Vs Etoro Vs Poloniex