When discussing the platform….this always comes up Is Etoro A Good Idea…Ideally you will choose something up along the way so what are copy portfolios so essentially they are a basket of assets or traders chosen by based on a chosen theme sort of like a tiny etf in some aspects copy portfolios are fantastic for diversity and are developed to lessen long-lasting danger and benefit from current market chances each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading method upon which it is based normally they are seen as a medium to long-lasting financial investment vehicle however you can stop your financial investment at any point at the present market rates as long as the markets are open copy portfolios are terrific for newbies who want a hands-off approach and if you take a look at’s website they really claim that they aim to provide to double-digit yearly returns while reducing the risk connected with the investment now bear in mind past performance isn’t a sign of future results however that is what they aim to do so copy portfolios are kind of like an etf
A handled portfolio without the fees although actual professionally handled funds are most likely to be changed day-to-day or on much shorter intervals whereas these are re-balanced at longer periods so what is rebalancing generally with time the worth of specific possessions in a varied portfolio move up and down where they drift away from their target weights for instance over the long term stocks usually increase much faster than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions occasionally to keep the asset allocation ratio and maintain the copy portfolio technique different copy portfolios rebalance at various times to others so basically you require to look at each one separately to discover the rebalancing duration when you purchase a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is analyzed in depth and rebalanced instantly regularly to maximize its gain capacity so first of all there are three types now like i stated i’m not going to evaluate each one however perhaps i’ll do that in another video so let me know if this is something you want to see in the comments if you see here we have market copy portfolios leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a combination of cfd stocks commodities 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 constructed around a concept performance metric or an algorithm that chooses its leading performing assets and then next we have actually got the top trader copy portfolios leading traders purchase a group of traders these compromise the very best carrying out traders on according to a predefined technique the traders within are picked by’s investment committee and algorithmically searching for particular trading characteristics that are enhanced for profit then last but not least we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that carry out thorough market analysis and has actually partnered with and once again have a style so let’s discuss some of the pros and cons of copying people versus copying portfolios so i’m not going to describe what copyrighting is but if you would like 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 listed below first of all i would say the main pros of copy portfolios are that they benefit novices who desire a more hands-off approach in regards to the market copy portfolios i would state they are excellent if you desire exposure to a specific industry where you think the market will do well as a whole for example you may want exposure to great deals of renewable resource companies or driverless vehicles companies since as a newbie you might not know much about private stocks to choose it will also conserve you time as investigating great deals of individual stocks can be very time taking in so letting do this on your behalf is terrific this is likewise true for the other two copy portfolio
Can you make money on the trading platform?
types for instance as a novice you may not know what constitutes an excellent trader to copy if you wish 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 below picking a trader based copy portfolio can offer you direct exposure to lots of traders that are selected by algorithmically this is excellent for diversification if you’re brand-new to i personally would not invest all my money in one trader and would attempt to spread it out over a variety of them in case one of them does not succeed and on the odd celebration this does occur i discovered this through copying a trader when beginning so i was copying this man and at the start he was doing well then he simply began to believe the market would crash so he started shorting lots of stocks and it never ever did and it just kept increasing and then he still kept stating that the marketplace was going to crash and it never ever did so i lost quite a bit of cash so this is likewise a warning that your capital Is Etoro A Good Idea
Why is eToro considered to be bad?
Certainly at risk ultimately i had to cut my losses with this trader and i believe i ended up losing over a thousand dollars in the end which i was not happy 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 further down the line so while past efficiency is not indicted for future outcomes i have made some of my most significant profits in copy portfolios for instance i have actually been bought 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 outrageous 210 profit likewise last year i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 profit which is 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 growth i’m getting here on however like i said 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 get rid of a part of the investment it’s likewise 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 individual that the copy portfolio had actually invested in or say for example you desired to close one position to take profits you would require to close the financial 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 a financial investment so then potentially you must invest directly 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 quite high all the trader based copy portfolios require at least 5 thousand us dollars and 5 thousand us dollars might be a lot so your alternative is to possibly 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 possibly another negative of copy portfolios and i could not discover this out for definite 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 feel free to get in contact and then i’ll put it as the pin comment listed below now this doesn’t mean you can’t personally set a stop loss on the copy portfolio yourself however state for example if you’re copying a market copy portfolio it wouldn’t close and respond out a position if there was a crash in the market whereas a genuine person might react to the market and close out positions and potentially buy back in at a lower entry point this might be worth thinking about when choosing a market copy portfolio so to buy copy portfolios
Why do you need 25k to day trade?
you would firstly go to the following link on the left here that states invest in copy portfolios this is my virtual account as i stated prior to service and then from here you have actually got the 3 types of copy portfolios that we were discussing in the past 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 lots of various styles so it deserves having a browse so state let’s just click on this crypto copy portfolio here that with its absolute outrageous results of 935 area for two in the last 12 months that’s mad so it’s an extremely comparable layout to a regular possession on with the feed on the first page the description on the right here will generally describe what the copy portfolio’s approach is and the minimum financial investment amount this need to also lay out how often it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment quantity is 1 000 us dollars so as i have actually simply noticed here the description on the first page doesn’t constantly match the description on the second page so to find out the rebalancing if you go on here i’ve just discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion including brand-new listings or de-listing based on the terms pointed out above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the property allotment now you really require to bear in mind of this as i discovered this the hard way and by this i might learn this in two ways so i actually invested in among these crypto copy portfolios a very long time ago when i was beginning on and i didn’t examine the weightings and i presume they were all equivalent yes i know i was an enormous 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 squandered my position and then as cryptos do it got better up uh due to the fact that they are so unstable so not just did i lose a great deal of cash and i wasn’t able to buy back ins because the price had actually bounced up however i likewise can’t bear to believe more that would be worth now today it’s simply uh i missed i lost out on that one however it’s lesson to find out and sometimes the best lessons in trading are sadly found out the hard way you won’t forget them when you make a terrible mistake like that so carrying 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 see there’s some stars beside the numbers
and this means as it says here the stars are based upon back evaluated outcomes then you’ve got an average danger rating here on the left hand side and likewise you can see the variety of investors in this copy portfolio and after that down at the bottom we have actually got some nice charts 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 graphs here which just reveal the various allotment however if you actually want to see the actual holdings you can see the existing holdings in there in the portfolio and their present earnings and loss here um and if you change this bit here you can see the historical 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 gradually so to purchase this you just click the huge button on the top right that says invest and then you can set a quantity here that you want to put in then you can set a stop loss below and i’m simply 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 investing in copy portfolio now this copy portfolio did open straight away due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Is Etoro A Good Idea
so if you were to actually purchase a copy portfolio that purchased stocks then it would not really open those positions until 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 financial investment you can pause the investment you can adjust the stop loss or you can close the financial investment now if you wish to increase the investment something i have actually noticed 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 however 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 absolutely to remember when opening your copy portfolio position so i hope this video has been useful to you if you are thinking about purchasing a copy portfolio then please do your own due diligence initially if you’ve got any questions on this video then please let me know in the remarks let us know if you purchase copy portfolios and if so which ones or
which ones do you believe could be a great financial investment i ‘d love to know and i read all your comments if you found this video helpful in any way then i ‘d really value an early thumbs up as it truly helps support the channel likewise for those of you interested in registering to and have not 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 doesn’t cost you anything extra however it actually helps support this channel so why not give a go prior to depositing any genuine cash as they will offer 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 likewise if you want to discover more about how works or more about individual finance and investing then i have many 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 finance thank you for watching and i’ll catch you in the next one Is Etoro A Good Idea