When discussing the platform….this always comes up Backtrader Etoro…Ideally you will pick something up along the way so what are copy portfolios so basically they are a basket of assets or traders chosen by based on a selected style kind of like a small etf in some aspects copy portfolios are fantastic for diversification and are created to decrease long-lasting danger and benefit from existing 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 normally they are seen as a medium to long-term investment lorry but you can stop your investment at any point at the present market rates as long as the marketplaces are open copy portfolios are great for novices who desire a hands-off technique and if you take a look at’s site they really declare that they aim to offer up to double-digit yearly returns while mitigating the threat related to the investment now keep in mind past efficiency isn’t indicative of future results but that is what they aim to do so copy portfolios are kind of like an etf
A handled portfolio without the charges although real professionally handled funds are likely to be adjusted everyday or on much shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing essentially over time the value of individual properties in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks generally increase quicker 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 property allowance ratio and preserve the copy portfolio strategy various copy portfolios rebalance at various times to others so basically you require to take a look at every one separately to learn the rebalancing duration as soon as you buy a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced immediately regularly to maximize its gain capacity so to start with there are 3 types now like i said i’m not going to examine each 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market section as it says here they are built around a concept performance metric or an algorithm that picks its leading carrying out properties and after that next we’ve got the top trader copy portfolios top traders invest in a group of traders these compromise the best performing traders on according to a predefined strategy the traders within are chosen by’s investment committee and algorithmically looking for particular trading attributes that are enhanced for profit then finally we’ve got a partner copy portfolios these are portfolios developed by third parties that conduct comprehensive market analysis and has partnered with and once again have a style so let’s go over some of the pros and cons of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you would like to know more about that then go have a look at 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 benefit newbies who want a more hands-off approach in regards to the marketplace copy portfolios i would state they are terrific if you want direct exposure to a particular industry where you believe the market will do well as a whole for instance you might want direct exposure to lots of renewable resource business or driverless automobiles companies since as a newbie you may not know much about specific stocks to choose it will also save you time as investigating great deals of private stocks can be extremely time consuming so letting do this on your behalf is great this is also real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for instance as a newbie you may not know what makes up a great trader to copy if you would like to know how i personally discover individuals to copy on then go take a look at 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 great deals of traders that are chosen by algorithmically this is fantastic for diversity if you’re brand-new to i personally would not invest all my money in one trader and would try to spread it out over a variety of them in case among them doesn’t do well and on the odd celebration this does take place i learnt this through copying a trader when starting out so i was copying this man 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 ever did and it just kept going up and then he still kept stating that the market was going to crash and it never ever did so i lost a fair bit of money so this is likewise a caution that your capital Backtrader Etoro
Why is eToro thought about to be bad?
Absolutely 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 delighted about however i looked at that trader even more down the line and he continued to lose more money 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 previous efficiency is not arraigned for future results i have made a few of my biggest earnings in copy portfolios for example i have actually been invested in the in the video 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 an outrageous 210 earnings also last year i bought the huge tech copy portfolio in january 2020 and now 16 months later on this has actually made a massive 47.08 profit and that 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 right now that’s that’s some outrageous development i’m getting here on but like i stated past performance is not indicative of future outcomes so obviously 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 private positions within a copy portfolio
Is eToro really free as they state?
This is my virtual account here so state for example you didn’t like a particular company or individual that the copy portfolio had actually invested in or state for example you wanted to close one position to take revenues you would need 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 profits off of a financial investment so then possibly you should 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 quite high all the trader based copy portfolios need at least five 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 negative of copy portfolios and i could not find this out for certain however 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 would like to confirm this with me then please feel free to get in contact and after that i’ll put it as the pin comment below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself but say for instance if you’re copying a market copy portfolio it would not close and respond out a position if there was a crash in the market whereas a real individual might react to the marketplace and liquidate positions and possibly redeem in at a lower entry point this may deserve 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 says buy copy portfolios this is my virtual account as i said prior to service and then from here you have actually got the three types of copy portfolios that we were talking about previously and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of various ones in here with great deals of various styles so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its outright crazy results of 935 area for two in the last 12 months that seethes so it’s a really similar design to a normal property on with the feed upon the very first page the description on the right here will normally outline what the copy portfolio’s method is and the minimum investment quantity this ought to likewise describe how typically 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’ve just 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 simply discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of new listings or de-listing based upon the terms mentioned above and the minimum investment
amount is 1000 us dollars so as you can see here on the right-hand man side we have actually got the asset allocation now you actually need to take note of this as i discovered this the hard way and by this i may learn this in 2 methods so i really bought one of these crypto copy portfolios a long 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 greatly weighted than the others which one tanked whereas the others didn’t it then hit the stop loss and cashed out my position and after that as cryptos do it recovered up uh due to the fact that they are so unstable so not only did i lose a great deal of cash and i wasn’t able to buy back ins since the rate had actually bounced up but i likewise can’t bear to believe more that would be worth now today it’s simply uh i missed out on i lost out on that one but it’s lesson to discover and often the best lessons in trading are sadly learnt the hard way you won’t forget them when you make a dreadful 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 observe there’s some stars next to the numbers
and this means as it states here the stars are based on back checked results then you have actually got a typical threat rating here on the left hand side and likewise you can see the number 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 allocation then if you click the portfolio here you can see the present holdings in the portfolio and you have actually got some great graphs here which simply reveal the various allowance however if you really want to see the actual holdings you can see the current holdings in there in the portfolio and their present profit and loss here um and if you alter this bit here you can see the historical trades this copy portfolio has actually liquidated of so if we set that to maybe one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart showing the performance of this copy portfolio in time so to buy this you simply click the huge button on the leading right that says invest and after that you can set a quantity here that you want 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 purchasing copy portfolio now this copy portfolio did open immediately because it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Backtrader Etoro
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 financial investment you can stop briefly the investment you can change the stop loss or you can close the investment now if you want to increase the financial investment one thing i have actually seen when looking at a bunch of these is that the minimum quantity you can include 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 however i looked at a handful and they did all appear to state 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 useful to you if you are considering investing in a copy portfolio then please do your own due diligence first if you’ve got any questions 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 like to know and i read all your comments if you discovered this video handy in any way then i ‘d actually value an early thumbs up as it actually helps support the channel also for those of you thinking about signing up to and have not currently then there’s an an affiliate link listed below where if you do register using it then i will get a kickback and it does not cost you anything additional but it really assists support this channel so why not give a go prior to transferring any genuine cash as they will offer you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any real money likewise if you want to discover more about how works or more about personal 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 financing thank you for viewing and i’ll catch you in the next one Backtrader Etoro