When discussing the platform….this always comes up How To Deposit On Etoro From Nigeria…Ideally you will pick something up along the way so what are copy portfolios so generally they are a basket of properties or traders picked by based on a chosen theme sort of like a mini etf in some aspects copy portfolios are excellent for diversity and are developed to decrease long-term danger and take advantage of current market opportunities each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading strategy upon which it is based usually they are viewed as a medium to long-lasting investment automobile however you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are great for novices who desire a hands-off approach and if you look at’s site they in fact claim that they intend to offer up to double-digit annual returns while mitigating the danger connected with the investment now bear in mind previous efficiency isn’t indicative of future results 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 professionally handled funds are likely to be changed day-to-day or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially gradually the worth of individual possessions in a varied portfolio move up and down where they drift away from their target weights for instance over the long term stocks generally increase faster than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions regularly to keep the asset allocation ratio and keep the copy portfolio method different copy portfolios rebalance at various times to others so basically you require to take a look at every one individually to discover the rebalancing duration when you purchase a copy portfolio your capital is professionally managed by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced automatically 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 but perhaps i’ll do that in another video so let me know if this is something you wish 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 mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market segment as it says here they are constructed around an idea efficiency metric or an algorithm that picks its top carrying out properties and after that next we have actually got the top trader copy portfolios top traders purchase a group of traders these compromise the best performing traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically searching for specific trading qualities that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios created by third parties that conduct extensive market analysis and has partnered with and once again have a theme so let’s discuss a few of the pros and cons of copying people versus copying portfolios so i’m not going to discuss what copyrighting is however if you need to know more about that then go check out my video which i’ll put a link to up here and in the description listed below to start with i would state the primary 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 state they are fantastic if you desire direct exposure to a particular industry where you think the industry will do well as a whole for instance you might want direct exposure to lots of renewable resource companies or driverless automobiles business because as a novice you may not know much about private stocks to select it will also conserve you time as researching lots of individual stocks can be extremely time consuming so letting do this in your place is great this is likewise true for the other two copy portfolio
Can you generate income on the trading platform?
types for example as a novice you may not know what constitutes an excellent trader to copy if you need to know how i personally discover people 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 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 succeed and on the odd event this does happen i learnt this through copying a trader when starting so i was copying this guy and at the start he was doing well then he simply started to think the marketplace would crash so he started shorting great deals of stocks and it never did and it simply kept going up and then he still kept saying that the market was going to crash and it never ever did so i lost quite a bit of money so this is likewise a caution that your capital How To Deposit On Etoro From Nigeria
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 happy about but 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 six months even more down the line so while past efficiency is not prosecuted for future results i have actually made a few of my greatest earnings in copy portfolios for example i’ve been purchased the in the video game copy portfolio considering that 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 insane 210 earnings also last year i bought the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a whopping 47.08 earnings and that is 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 outrageous growth i’m getting here on however like i stated past efficiency is not a sign of future results so undoubtedly there are some small negatives to copy portfolios firstly it is not possible to eliminate a part of the financial investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro really complimentary as they state?
so this is my virtual account here so state for example you didn’t like a particular company or person that the copy portfolio had purchased or say for instance you wanted to close one position to take revenues you would require to close the financial investment entirely so that’s something to remember if you’re the sort of individual 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 wish 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 need at least 5 thousand us dollars and five 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 take a look at the stocks in a copy portfolio and after that purchase 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 find this out for certain however 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 wishes to confirm 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 imply 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 would not respond and close out a position if there was a crash in the market whereas a real person could react to the market and close out positions and potentially buy back in at a lower entry point this may deserve considering when picking a market copy portfolio so to invest in copy portfolios
Why do you need 25k to day trade?
you would to start with go to the following link on the left here that states purchase copy portfolios this is my virtual account as i stated before service and after that from here you’ve got the three types of copy portfolios that we were talking 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 lots of different styles so it’s worth having a browse so state let’s just click on this crypto copy portfolio here that with its absolute insane results of 935 spot for two in the last 12 months that seethes so it’s a really similar design to a typical possession on with the eat the very first page the description on the right here will usually describe what the copy portfolio’s method is and the minimum investment amount this need to also outline how typically 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 discovered here the description on the first page doesn’t constantly match the description on the 2nd page so to learn the rebalancing if you go on here i’ve just discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion including new listings or de-listing based on the terms pointed out 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 asset allowance 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 2 methods so i really bought one of these crypto copy portfolios a long period of time ago when i was beginning on and i didn’t examine the weightings and i presume they were all equal yes i know i was a massive noob and a rookie well among these cryptos was more greatly weighted than the others and that one tanked whereas the others didn’t it then struck the stop loss and squandered my position and then as cryptos do it recuperated up uh due to the fact that they are so volatile so not only did i lose a lot of money and i wasn’t able to redeem ins because the price had actually bounced up however 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 but it’s lesson to discover and in some cases the very best lessons in trading are unfortunately discovered the hard way you will not forget them when you make a horrible error like that so proceeding from that if we scroll even more down we have the historic 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 indicates as it says here the stars are based upon back evaluated outcomes then you have actually got an average risk rating here on the left hand side and also you can see the number of financiers in this copy portfolio and after that down at the bottom we have actually got some good graphs for net direct exposure and allotment then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some good charts here which simply reveal the different allocation however if you in fact wish to see the actual holdings you can see the present 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 historical trades this copy portfolio has liquidated of so if we set that to perhaps one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the efficiency of this copy portfolio gradually so to purchase this you simply click the big button on the top 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 listed 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 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 because it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday How To Deposit On Etoro From Nigeria
so if you were to in fact purchase a copy portfolio that bought stocks then it would not actually open those positions till the marketplaces 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 change the stop loss or you can close the financial investment now if you want to increase the investment one thing i have actually seen when taking a look 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 but i looked at a handful and they did all appear to say 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 thinking about buying a copy portfolio then please do your own due diligence first if you have actually got any concerns on this video then please let me understand in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you believe could be a good investment i ‘d love to know and i read all your remarks if you found this video useful in any way then i ‘d truly value an early thumbs up as it actually helps support the channel likewise for those of you interested in registering 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 doesn’t cost you anything extra however it truly assists 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 money where you can experience all of the features like copy trading without losing any real cash likewise if you want to find out more about how works or more about individual finance and investing then i have numerous videos on my channel so i advise 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 financing thank you for watching and i’ll catch you in the next one How To Deposit On Etoro From Nigeria