When discussing the platform….this always comes up Www Mycashprof Com Si1 Etoro…Ideally you will select something up along the way so what are copy portfolios so essentially they are a basket of traders or assets chosen by based on a chosen theme type of like a tiny etf in some respects copy portfolios are excellent for diversity and are designed to decrease long-term threat and make the most of existing market chances each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading technique upon which it is based typically 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 great for newbies who want a hands-off approach and if you take a look at’s site they actually declare that they aim to offer up to double-digit yearly returns while alleviating the threat associated with the investment now keep in mind previous efficiency 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 professionally handled funds are most likely to be adjusted daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically in time the value of private possessions in a diversified portfolio move up and down whereby they drift away from their target weights for example over the long term stocks generally rise much faster than etfs so the stock portion of your portfolio will increase relative to the etf portion the rebalancing system closes and opens positions occasionally to keep the property allotment ratio and keep the copy portfolio technique various copy portfolios rebalance at different times to others so generally you require to look at every one individually to learn the rebalancing period when you purchase a copy portfolio your capital is professionally handled by’s investment committee each copy portfolio’s efficiency is analyzed in depth and rebalanced immediately occasionally to maximize its gain potential so firstly there are three types now like i stated i’m not going to evaluate every one however perhaps 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 purchase a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or concentrating on a specific market section as it states here they are built around an idea performance metric or an algorithm that picks its leading performing possessions and after that next we have actually got the leading trader copy portfolios leading traders buy 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 searching for specific trading qualities that are enhanced for profit then lastly we have actually got a partner copy portfolios these are portfolios developed by third parties that carry out extensive market analysis and has partnered with and once again have a style 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 would like to know more about that then go check out my video which i’ll place a link to up here and in the description below firstly i would state the primary pros of copy portfolios are that they benefit newbies who desire a more hands-off technique in regards to the marketplace copy portfolios i would say they are great if you desire direct exposure to a specific industry where you think the industry will succeed as a whole for instance you may want direct exposure to great deals of renewable resource companies or driverless vehicles business because as a newbie you may not know much about individual stocks to choose it will also save you time as researching great deals of specific stocks can be really time taking in so letting do this on your behalf is great this is also true 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 good trader to copy if you need to know how i personally find 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 offer you exposure to great deals of traders that are selected by algorithmically this is great for diversity if you’re new to i personally would not invest all my money in one trader and would attempt to spread it out over a number of them in case one of them does not succeed and on the odd occasion this does occur i discovered this through copying a trader when starting so i was copying this man and at the start he was succeeding then he just began to believe the market would crash so he began shorting lots of stocks and it never did and it just kept increasing and then he still kept saying that the marketplace 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 Www Mycashprof Com Si1 Etoro
Why is eToro thought about to be bad?
Definitely at risk ultimately i needed 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 happy 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 6 months further down the line so while previous performance is not arraigned for future outcomes i have actually made some of my biggest earnings in copy portfolios for example i’ve been invested in the in the game copy portfolio because 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 insane 210 revenue also last year i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a tremendous 47.08 revenue and that is 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 crazy development i’m getting here on but like i said past 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 investment it’s also not possible to close specific positions within a copy portfolio
Is eToro truly totally free as they state?
This is my virtual account here so state for example you didn’t like a specific company or person that the copy portfolio had actually invested in or say for example you wanted to close one position to take revenues you would need to close the investment entirely so that’s something to bear in mind if you’re the kind of individual who creams the top of the revenues off of a financial investment so then perhaps you must invest directly into stocks or traders that you would want to copy rather than 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 some of these is rather high all the trader based copy portfolios need at least 5 thousand us dollars and five thousand us dollars could 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 find this out for definite however 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 would like to confirm this with me then please do not hesitate to get in contact and then i’ll put it as the pin comment 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 respond and close out a position if there was a crash in the market whereas a genuine person might react to the marketplace and close out positions and potentially redeem in at a lower entry point this may be worth thinking about when selecting 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 purchase copy portfolios this is my virtual account as i said before service and then from here you have actually got the three 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 different ones in here with lots of various styles so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its outright outrageous outcomes of 935 area for two in the last 12 months that seethes so it’s an extremely comparable layout to a regular property on with the feed upon the first page the description on the right here will typically outline what the copy portfolio’s methodology is and the minimum financial investment amount this need to also detail how often it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment amount is 1 000 us dollars so as i have actually simply observed here the description on the very first page doesn’t constantly match the description on the 2nd 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 consisting of new listings or de-listing based on the terms mentioned 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 possession allocation 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 actually bought among these crypto copy portfolios a long period of time ago when i was beginning on and i didn’t check the weightings and i presume they were all equal yes i understand i was a huge 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 squandered my position and then as cryptos do it bounced back up uh because they are so volatile so not just did i lose a great deal of money and i wasn’t able to redeem ins since the rate had bounced up however i also can’t bear to think more that would be worth now today it’s just uh i missed i lost out on that one but it’s lesson to learn and often the best lessons in trading are regrettably learnt the hard way you won’t forget them when you make a horrible mistake like that so proceeding from that if we scroll even more down we have the historical statistics 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 means as it states here the stars are based upon back tested results then you’ve got a typical danger rating 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 nice 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 good graphs here which just reveal the various allotment but if you actually want to see the real holdings you can see the existing holdings in there in the portfolio and their current 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 possibly one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the efficiency of this copy portfolio with time so to purchase this you simply click the big button on the top 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 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 tape-recording this video on a sunday Www Mycashprof Com Si1 Etoro
so if you were to actually invest in a copy portfolio that invested in 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 stop briefly the financial investment you can adjust the stop loss or you can close the financial investment now if you want to increase the investment one thing i have actually discovered when looking 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 do not understand if that’s the same for all of them however i took a look at a handful and they did all seem to say it was a thousand that you might include minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has actually been valuable to you if you are considering purchasing a copy portfolio then please do your own due diligence first if you have actually got any questions 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 a great investment i ‘d enjoy to understand and i checked out all your remarks if you discovered this video handy in any way then i ‘d actually value an early thumbs up as it actually assists support the channel also for those of you interested in registering to and haven’t already then there’s an an affiliate link listed below where if you do sign up utilizing it then i will get a kickback and it doesn’t cost you anything additional however it actually helps support this channel so why not give a go before depositing any real cash as they will give you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine money likewise if you wish to discover more about how works or more about individual finance and investing then i have many videos on my channel so i recommend you check them out so please subscribe and push the bell 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 Www Mycashprof Com Si1 Etoro