When discussing the platform….this always comes up Can You Trade Cryptocurrency On Thinkorswim…Hopefully you will pick something up along the way so what are copy portfolios so basically they are a basket of traders or properties picked by based upon a chosen style sort of like a small etf in some aspects copy portfolios are terrific for diversification and are developed to minimize long-lasting danger and take advantage of current 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 usually they are viewed as a medium to long-term investment car but you can stop your investment at any point at the present market rates as long as the marketplaces are open copy portfolios are terrific for newbies who desire a hands-off method and if you look at’s site they really claim that they intend to provide to double-digit annual returns while mitigating the threat related to the investment now keep in mind past efficiency isn’t indicative of future outcomes but that is what they intend to do so copy portfolios are kind of like an etf
A managed portfolio without the fees although real expertly managed funds are most likely to be changed day-to-day or on much shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing basically over time the worth of individual possessions in a varied portfolio go up and down where they drift away from their target weights for instance over the long term stocks normally increase much faster than etfs so the stock portion of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the property allocation ratio and maintain the copy portfolio method different copy portfolios rebalance at different times to others so essentially you require to take a look at each one separately to learn the rebalancing duration when you invest in a copy portfolio your capital is professionally handled by’s investment committee each copy portfolio’s performance is examined in depth and rebalanced immediately periodically to maximize its gain capacity so firstly there are three types now like i said i’m not going to examine each one however possibly i’ll do that in another video so let me understand if this is something you would like to see in the comments if you see here we have market copy portfolios top 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 particular market section as it states here they are developed around an idea performance metric or an algorithm that selects its leading carrying out assets and then next we’ve got the top trader copy portfolios top traders purchase a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically trying to find specific trading characteristics that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios produced by third parties that perform comprehensive market analysis and has actually partnered with and once again have a theme so let’s discuss some of the pros and cons of copying people versus copying portfolios so i’m not going to explain what copyrighting is but if you wish to know more about that then go take a look at my video which i’ll position a link to up here and in the description below to start with i would say the main pros of copy portfolios are that they are good for beginners who want a more hands-off approach in regards to the marketplace copy portfolios i would say they are great if you want direct exposure to a specific market where you think the industry will succeed as a whole for instance you may desire exposure to lots of renewable resource business or driverless vehicles companies due to the fact that as a beginner you may not know much about individual stocks to choose it will also conserve you time as researching lots of private stocks can be really time consuming so letting do this in your place is terrific this is also real for the other two copy portfolio
Can you earn money on the trading platform?
types for instance as a novice you might not know what constitutes an excellent trader to copy if you would like to know how i personally discover individuals to copy on then go check out my video which i’ll put a link to up here and in the description listed below choosing a trader based copy portfolio can give you exposure to great deals of traders that are selected by algorithmically this is great for diversification if you’re 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 man and at the start he was succeeding then he just started to believe the marketplace would crash so he started shorting great deals of stocks and it never ever did and it just kept increasing and after that he still kept saying that the marketplace was going to crash and it never ever did so i lost a fair bit of cash so this is likewise a caution that your capital Can You Trade Cryptocurrency On Thinkorswim
Why is eToro considered to be bad?
Certainly at risk ultimately 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 pleased about however 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 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 made some of my biggest revenues in copy portfolios for instance i have actually been purchased the in the game copy portfolio because 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 likewise last year i bought the big tech copy portfolio in january 2020 and now 16 months later this has actually made a tremendous 47.08 profit and that remains 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 today that’s that’s some crazy development i’m getting here on but like i said past efficiency is not a sign of future outcomes so clearly there are some small negatives to copy portfolios firstly it is not possible to get rid of a part of the investment it’s also not possible to close specific positions within a copy portfolio
Is eToro truly complimentary as they state?
This is my virtual account here so say for example you didn’t like a specific business or person that the copy portfolio had actually invested in 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 bear in mind if you’re the kind of individual who creams the top of the revenues off of a financial 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 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 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 manually yourself
undoubtedly if you did this you would not get any rebalancing as you would on a copy portfolio now potentially 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 specific positions if somebody from etora sees this video and wishes 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 does not indicate you can’t personally set a stop loss on the copy portfolio yourself but state for instance if you’re copying a market copy portfolio it wouldn’t react and close out a position if there was a crash in the market whereas a genuine person might respond to the marketplace and liquidate positions and potentially buy back in at a lower entry point this might deserve considering when choosing 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 said prior to service and then from here you’ve got the 3 kinds of copy portfolios that we were discussing before 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 different styles so it deserves having a browse so state let’s simply click this crypto copy portfolio here that with its outright ridiculous results of 935 area for two in the last 12 months that seethes so it’s a really similar design to a normal asset on with the eat the very first page the description on the right here will usually outline what the copy portfolio’s methodology is and the minimum investment amount this must likewise lay out how typically 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 discovered here the description on the first page does not always 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 including new listings or de-listing based on the terms discussed above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the property allowance now you truly require to remember of this as i discovered this the hard way and by this i might learn this in 2 ways so i actually bought one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t check the weightings and i presume they were all equal yes i know i was a huge noob and a novice well among 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 after that as cryptos do it recuperated up uh because they are so unpredictable so not only did i lose a lot of cash and i wasn’t able to redeem ins because the rate had actually bounced up but i likewise can’t bear to think more that would be worth now today it’s simply uh i missed i lost out on that one however it’s lesson to learn and sometimes the very best lessons in trading are regrettably 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 even more down we have the historical statistics of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars beside the numbers
and this means as it states here the stars are based on back tested results then you have actually got an average danger rating here on the left hand side and also 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 allocation then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some good graphs here which just show the different allocation however if you in fact want to see the real holdings you can see the current holdings in there in the portfolio and their current revenue and loss here um and if you change this bit here you can see the historic trades this copy portfolio has actually liquidated of so if we set that to perhaps one year you can see the historic trades this copy portfolio has closed out of then on the last tab we have a chart showing the efficiency of this copy portfolio over time so to purchase this you simply click the huge button on the top right that says invest and then you can set an amount here that you wish to put in then you can set a stop loss listed 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 buying copy portfolio now this copy portfolio did open straight away since it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Can You Trade Cryptocurrency On Thinkorswim
If you were to really invest in a copy portfolio that invested in stocks then it would not actually 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 investment you can change the stop loss or you can close the investment now if you desire to increase the investment one thing i have discovered when looking at a lot 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 know 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 might include minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has been practical to you if you are considering 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 comments let us know if you invest in 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 read all your remarks if you found this video useful in any way then i ‘d really appreciate 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 listed 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 actually helps support this channel so why not give a go before depositing any real money as they will provide you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any genuine money also if you want to learn more about how works or more about individual financing and investing then i have various videos on my channel so i recommend you check them out so please press the bell and subscribe icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for viewing and i’ll catch you in the next one Can You Trade Cryptocurrency On Thinkorswim