When discussing the platform….this always comes up Daniel Kurin Etoro…Hopefully you will pick something up along the way so what are copy portfolios so essentially they are a basket of traders or possessions chosen by based on a picked style sort of like a small etf in some respects copy portfolios are excellent for diversity and are developed to reduce long-lasting risk and benefit from current market chances each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading strategy upon which it is based generally they are seen as a medium to long-term 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 excellent for beginners who want a hands-off technique and if you look at’s site they in fact claim that they intend to offer up to double-digit yearly returns while alleviating the risk related to the investment now remember previous 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 managed portfolio without the costs although actual expertly handled funds are most likely to be changed everyday or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially with time the worth of individual possessions in a diversified portfolio go up and down where they drift away from their target weights for instance over the long term stocks usually rise faster than etfs so the stock part of your portfolio will go up relative to the etf part the rebalancing system closes and opens positions periodically to keep the possession allotment ratio and preserve the copy portfolio method various copy portfolios rebalance at various times to others so generally you need to look at every one individually to learn the rebalancing period when you invest in a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s efficiency is examined in depth and rebalanced automatically periodically to optimize its gain potential so first of all there are three types now like i said i’m not going to examine every one but possibly 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 strategy or concentrating on a particular market section as it says here they are built around an idea efficiency metric or an algorithm that selects its leading performing assets 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 financial 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 created by third parties that conduct extensive market analysis and has actually partnered with and once again have a theme so let’s go over a few of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to explain 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 below firstly i would state the main pros of copy portfolios are that they benefit newbies who desire a more hands-off approach in regards to the marketplace copy portfolios i would state they are excellent if you desire exposure to a specific market where you think the industry will do well as a whole for instance you might desire exposure to lots of renewable resource business or driverless vehicles companies because as a beginner you might not know much about private stocks to pick it will likewise save you time as looking into lots of private stocks can be very time consuming so letting do this on your behalf is excellent this is likewise true for the other two copy portfolio
Can you earn money on the trading platform?
types for instance as a novice you may not know what makes up a great trader to copy if you wish 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 selecting a trader based copy portfolio can give you direct exposure to lots of traders that are picked by algorithmically this is terrific for diversity 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 among them does not do well and on the odd event 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 simply started to believe the marketplace would crash so he began shorting great deals of stocks and it never did and it simply 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 money so this is likewise a caution that your capital Daniel Kurin Etoro
Why is eToro considered to be bad?
Absolutely 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 pleased about however i took a look at that trader further 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 past efficiency is not arraigned for future results i have actually made a few of my greatest profits in copy portfolios for instance i’ve been purchased the in the video game copy portfolio given that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under 4 years i have actually made an outrageous 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 tremendous 47.08 revenue and that is in simply over a year so if you compare that to a bank where you’ll be lucky to get one percent in a year right now that’s that’s some crazy growth i’m getting here on but like i stated previous performance is not indicative of future outcomes so clearly there are some small 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 actually free as they say?
This is my virtual account here so state for example you didn’t like a particular business or individual that the copy portfolio had invested in or state for example you wanted to close one position to take profits you would require to close the financial investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the profits off of a financial investment so then possibly you must invest straight 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 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 five thousand us dollars and 5 thousand us dollars might be a lot so your option 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 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 discover this out for certain but my understanding is that on market copy portfolios there isn’t any stop losses on individual positions if somebody from etora sees this video and would like to validate 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 does not imply you can’t personally set a stop loss on the copy portfolio yourself but say for example 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 individual could respond to the market and liquidate positions and potentially redeem 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 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 after that from here you’ve got the 3 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 various themes so it deserves having a browse so state let’s just click this crypto copy portfolio here that with its absolute insane results of 935 spot for 2 in the last 12 months that’s mad so it’s a really similar design to a typical asset on with the feed upon the very first page the description on the right here will typically describe what the copy portfolio’s method is and the minimum investment quantity this must likewise lay out how often 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 just found 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 upon the terms mentioned above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we’ve got the possession allowance now you really require to take note of this as i learned this the hard way and by this i might discover this in 2 ways 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 equivalent yes i know i was a huge noob and a rookie well one of these cryptos was more heavily 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 bounced back up uh since they are so unstable so not only did i lose a great deal of money and i wasn’t able to buy back ins due to the fact that the price had bounced up but i also 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 dreadful mistake like that so moving on 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 see there’s some stars next to the numbers
and this suggests as it says here the stars are based upon back checked outcomes then you’ve got an average risk 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’ve got some good graphs for net exposure and allowance then if you click the portfolio here you can see the present holdings in the portfolio and you’ve got some good graphs here which simply show the various allowance however if you in fact wish to see the actual holdings you can see the current 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 historic trades this copy portfolio has liquidated of so if we set that to maybe one year you can see the historical trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio in time so to buy this you just click the big button on the top right that states invest and then you can set a quantity 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 began buying copy portfolio now this copy portfolio did open straight away because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Daniel Kurin Etoro
If you were to actually invest in a copy portfolio that invested in stocks then it would not in fact 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 pause the 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 discovered when looking at a lot of these is that the minimum amount you can add to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the very 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 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 thinking about investing in 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 invest in copy portfolios and if so which ones or
which ones do you believe could be an excellent investment i ‘d love to understand and i checked out all your remarks if you found this video valuable in any way then i ‘d truly appreciate an early thumbs up as it really helps support the channel also for those of you thinking about signing up 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 does not cost you anything additional however it really assists support this channel so why not give a go before transferring any real money as they will give you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any genuine cash also if you wish to learn more about how works or more about personal financing and investing then i have various videos on my channel so i suggest you check them out so please subscribe and press the bell icon so you don’t 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 Daniel Kurin Etoro