When discussing the platform….this always comes up Etoro Live Chat…Hopefully you will choose 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 chosen theme kind of like a mini etf in some aspects copy portfolios are fantastic for diversity and are designed to reduce long-term danger and make the most of existing market chances each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading technique upon which it is based generally they are seen as a medium to long-lasting investment car but you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are terrific for beginners who desire a hands-off technique and if you take a look at’s website they actually declare that they intend to offer up to double-digit annual returns while mitigating the risk connected with the financial investment now keep in mind previous performance isn’t a sign of future results but that is what they aim to do so copy portfolios are sort of like an etf
A managed portfolio without the costs although actual professionally handled funds are likely to be changed day-to-day or on much shorter periods whereas these are re-balanced at longer periods so what is rebalancing essentially in time the value of individual possessions in a varied portfolio go up and down whereby they drift away from their target weights for instance over the long term stocks normally rise quicker than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions regularly to keep the possession allotment ratio and keep the copy portfolio method various copy portfolios rebalance at different times to others so essentially you require to look at every one separately to learn the rebalancing duration once you buy a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is examined in depth and rebalanced instantly occasionally to optimize its gain potential so firstly there are 3 types now like i stated i’m not going to review every one but maybe i’ll do that in another video so let me know if this is something you would like to see in the remarks if you see here we have market copy portfolios top trader copy portfolios and partner copy portfolios so market copy portfolios buy a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market strategy or concentrating on a particular market section as it states here they are developed around an idea performance metric or an algorithm that picks its top carrying out properties and then next we have actually got the top trader copy portfolios leading traders purchase a group of traders these compromise the best carrying out traders on according to a predefined strategy the traders within are selected by’s financial investment committee and algorithmically looking for particular trading qualities that are enhanced for profit then lastly we have actually got a partner copy portfolios these are portfolios created by 3rd parties that conduct thorough market analysis and has actually partnered with and once again have a theme so let’s discuss a few of the benefits and drawbacks of copying people 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 check out my video which i’ll position a link to up here and in the description below to start with i would state the primary pros of copy portfolios are that they benefit novices who desire a more hands-off technique in regards to the marketplace copy portfolios i would say they are terrific if you want exposure to a specific industry where you think the industry will succeed as a whole for example you may desire direct exposure to great deals of renewable energy business or driverless cars and trucks companies due to the fact that as a beginner you might not know much about individual stocks to choose it will likewise save you time as investigating lots of specific stocks can be really time consuming so letting do this on your behalf is terrific this is also true for the other two copy portfolio
Can you generate income on the trading platform?
types for instance as a novice you might not know what makes up an excellent 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 selecting a trader based copy portfolio can provide you exposure to lots of traders that are chosen by algorithmically this is great 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 one of them doesn’t do well and on the odd event this does occur i learnt this through copying a trader when beginning so i was copying this person and at the start he was succeeding then he simply began to believe the market would crash so he began shorting great deals of stocks and it never ever did and it simply kept going up and then he still kept stating that the market was going to crash and it never did so i lost a fair bit of money so this is likewise a warning that your capital Etoro Live Chat
Why is eToro considered to be bad?
Absolutely at risk eventually 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 but 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 previous performance is not arraigned for future results i have actually made some of my biggest profits in copy portfolios for example i’ve 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 a crazy 210 profit likewise last year i bought the huge tech copy portfolio in january 2020 and now 16 months later on this has made a tremendous 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 today that’s that’s some crazy development i’m getting here on but like i stated previous performance is not a sign of future results so clearly there are some small negatives to copy portfolios first of all it is not possible to eliminate a part of the financial investment it’s also not possible to close private positions within a copy portfolio
Is eToro truly totally free as they say?
so this is my virtual account here so state for example you didn’t like a specific company or individual that the copy portfolio had bought or say for instance you wished to close one position to take profits you would need to close the investment totally so that’s something to remember if you’re the kind of individual who creams the top of the earnings off of a financial investment so then possibly you must invest straight into stocks or traders that you would wish to copy instead of in a copy portfolio likewise while a few of the copy portfolios have an entry point that begins at 1 000 us dollars the entry level on a few of these is rather high all the trader based copy portfolios require at least five thousand us dollars and 5 thousand us dollars could be a lot so your option is to possibly take a look at some of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and after that invest in them by hand yourself
certainly 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 find this out for definite however my understanding is that on market copy portfolios there isn’t any stop losses on private positions if somebody from etora sees this video and wishes to validate this with me then please do not hesitate to get in contact and then i’ll put it as the pin remark listed below now this doesn’t 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 close and react out a position if there was a crash in the market whereas a real individual might react to the market and liquidate positions and potentially buy back 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 require 25k to day trade?
you would firstly 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 then from here you’ve got the 3 kinds of copy portfolios that we were discussing previously and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of different ones in here with great deals of various styles 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 comparable design to a normal property 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 financial investment quantity this ought to likewise detail 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 noticed here the description on the first page does not constantly match the description on the 2nd page so to find out the rebalancing if you go on here i have actually just found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion consisting of brand-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 man side we’ve got the property allotment now you actually require to remember of this as i discovered this the hard way and by this i may discover this in two methods so i actually invested in among 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 understand i was a huge noob and a rookie well among these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then hit the stop loss and squandered my position and then as cryptos do it bounced back up uh due to the fact that they are so unstable so not only did i lose a lot of cash and i wasn’t able to buy back ins due to the fact that the price had bounced up however i likewise can’t bear to believe more that would deserve now today it’s just uh i missed i lost out on that one however it’s lesson to find out and in some cases the very best lessons in trading are sadly found out the hard way you will not forget them when you make a terrible error like that so moving on from that if we scroll even more down we have the historic stats of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars next to the numbers
and this implies as it says here the stars are based upon back evaluated outcomes then you’ve got an average danger score here on the left hand side and likewise you can see the number of investors in this copy portfolio and then down at the bottom we have actually got some great charts for net exposure and allowance then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some nice graphs here which simply reveal the different allotment however if you really want to see the actual holdings you can see the present holdings in there in the portfolio and their current profit 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 actually closed out of then on the last tab we have a chart showing the performance of this copy portfolio with time so to invest in this you just click the huge button on the leading right that says invest and after that 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 just know there is a minimum and a maximum 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 because it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Etoro Live Chat
If you were to in fact invest in a copy portfolio that invested in stocks then it would not in fact open those positions up 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 pause the financial investment you can adjust the stop loss or you can close the financial investment now if you desire to increase the investment one thing i have noticed 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 don’t know if that’s the exact same for all of them however 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 absolutely to bear in mind when opening your copy portfolio position so i hope this video has been valuable to you if you are considering investing in a copy portfolio then please do your own due diligence initially if you have actually got any concerns on this video then please let me know in the remarks let us know if you invest in copy portfolios and if so which ones or
which ones do you think could be a good investment i ‘d like to know and i checked out all your comments if you found this video valuable in any way then i ‘d truly appreciate an early thumbs up as it actually helps support the channel also for those of you thinking about registering to and haven’t already 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 additional however it truly helps support this channel so why not give a go before depositing any real cash as they will provide 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 money also if you want to find out 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 subscribe and push 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 Etoro Live Chat