When discussing the platform….this always comes up Etoro Millionaire…Hopefully you will choose something up along the way so what are copy portfolios so generally they are a basket of traders or properties selected by based upon a picked theme type of like a tiny etf in some aspects copy portfolios are excellent for diversification and are created to minimize long-term threat and take advantage of present market opportunities each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading technique upon which it is based usually they are seen as a medium to long-lasting investment lorry but you can stop your financial investment at any point at the current market rates as long as the marketplaces are open copy portfolios are excellent for newbies who want a hands-off method and if you look at’s website they in fact declare that they aim to provide to double-digit annual returns while reducing the risk related to the financial investment now remember past performance isn’t a sign of future results but that is what they intend to do so copy portfolios are kind of like an etf
A handled portfolio without the costs although real expertly handled funds are likely to be adjusted everyday or on much shorter intervals whereas these are re-balanced at longer periods so what is rebalancing generally over time the worth of individual assets in a diversified portfolio move up and down whereby they drift away from their target weights for example over the long term stocks usually rise much faster than etfs so the stock part of your portfolio will go up relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the asset allocation ratio and preserve the copy portfolio strategy different copy portfolios rebalance at different times to others so essentially you need to look at every one individually to find out the rebalancing period as soon as you purchase a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced instantly occasionally to optimize its gain potential so to start with there are 3 types now like i said i’m not going to evaluate each one however maybe i’ll do that in another video so let me understand 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 buy a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market segment as it states here they are developed around an idea performance metric or an algorithm that picks its top performing properties and then next we have actually got the leading trader copy portfolios leading traders buy a group of traders these compromise the best performing traders on according to a predefined strategy the traders within are selected by’s investment committee and algorithmically searching for particular trading qualities that are enhanced for profit then last but not least we’ve got a partner copy portfolios these are portfolios created by 3rd parties that conduct extensive market analysis and has partnered with and once again have a style so let’s discuss a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to describe 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 say the primary pros of copy portfolios are that they benefit novices who desire a more hands-off approach in regards to the marketplace copy portfolios i would say they are excellent if you desire direct exposure to a particular industry where you think the market will do well as a whole for instance you might want exposure to lots of renewable resource companies or driverless cars business because as a novice you may not know much about specific stocks to choose it will likewise conserve you time as researching lots of private stocks can be extremely time consuming so letting do this in your place is excellent this is also real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for example as a novice you might not know what constitutes an excellent trader to copy if you need to know how i personally find 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 picking a trader based copy portfolio can provide you direct exposure to great deals of traders that are chosen by algorithmically this is terrific for diversity if you’re new to i personally would not invest all my cash in one trader and would attempt to spread it out over a variety of them in case one of them does not do well and on the odd occasion this does take place i discovered this through copying a trader when starting out so i was copying this guy and at the start he was doing well then he simply started to believe the market would crash so he began shorting great deals of stocks and it never did and it simply kept increasing and then he still kept stating that the market was going to crash and it never did so i lost a fair bit of cash so this is likewise a caution that your capital Etoro Millionaire
Why is eToro considered to be bad?
Absolutely at risk ultimately i needed to cut my losses with this trader and i think i wound up losing over a thousand dollars in the end which i was not delighted about but i took a look 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 six months even more down the line so while previous efficiency is not arraigned for future results i have actually made some of my most significant revenues 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 four years i have made a ridiculous 210 profit likewise in 2015 i purchased the huge tech copy portfolio in january 2020 and now 16 months later this has made a massive 47.08 revenue and that remains 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 development i’m getting here on however like i said previous performance is not indicative of future outcomes so undoubtedly there are some minor negatives to copy portfolios firstly it is not possible to remove a part of the investment it’s also not possible to close private 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 business or individual that the copy portfolio had invested in or say for example you desired to close one position to take earnings you would require to close the financial investment completely 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 need to 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 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 manually yourself
clearly 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 definite 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 wants to confirm this with me then please do not hesitate to get in contact and then i’ll put it as the pin comment 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 wouldn’t respond and close out a position if there was a crash in the market whereas a genuine individual might respond to the marketplace and liquidate positions and potentially redeem in at a lower entry point this may be worth considering when selecting a market copy portfolio so to purchase copy portfolios
Why do you need 25k to day trade?
you would first of all go to the following link on the left here that says purchase copy portfolios this is my virtual account as i said prior to service and after that from here you have actually got the three 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 great deals of various styles so it deserves having a browse so say let’s simply click this crypto copy portfolio here that with its outright ridiculous outcomes of 935 spot for two in the last 12 months that’s mad so it’s a really similar layout to a typical asset on with the feed upon the first page the description on the right here will generally outline what the copy portfolio’s method is and the minimum financial investment quantity this should also detail how often 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’ve just noticed here the description on the first page does not constantly match the description on the second page so to learn 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 yearly or by the investment committee discretion including brand-new listings or de-listing based upon 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 may learn this in two methods so i in fact purchased one of these crypto copy portfolios a long time ago when i was beginning on and i didn’t inspect the weightings and i presume they were all equivalent yes i understand i was a huge noob and a rookie well one of 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 then as cryptos do it bounced back up uh due to the fact that they are so unstable so not just did i lose a great deal of money and i wasn’t able to redeem ins since the rate had actually 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 but it’s lesson to learn and in some cases the very best lessons in trading are regrettably learnt 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 observe there’s some stars next to the numbers
and this suggests as it states here the stars are based on back tested results then you’ve got an average danger rating here on the left hand side and also you can see the variety of investors in this copy portfolio and after that down at the bottom we’ve got some good graphs for net exposure and allocation then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some great charts here which simply show the different allocation but if you actually wish to see the actual holdings you can see the existing holdings in there in the portfolio and their current earnings and loss here um and if you alter 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 historic trades this copy portfolio has closed out of then on the last tab we have a chart revealing the efficiency of this copy portfolio with time so to invest in this you just click the huge button on the leading right that states invest and after that you can set a quantity here that you wish to put in then you can set a stop loss below and i’m just 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 began purchasing copy portfolio now this copy portfolio did open straight away due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Etoro Millionaire
If you were to in fact invest in a copy portfolio that invested in stocks then it would not actually 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 pause the financial investment you can change the stop loss or you can close the investment now if you desire to increase the financial investment one thing i have noticed when looking at a lot of these is that the minimum amount you can include 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 state it was a thousand that you might include minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has actually been handy to you if you are considering investing in 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 understand if you invest in 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 checked out all your comments if you found this video valuable in any way then i ‘d actually value an early thumbs up as it truly helps support the channel likewise for those of you interested in signing up to and have not currently then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it doesn’t cost you anything extra but it really helps support this channel so why not give a go before depositing any genuine money as they will provide you a demo account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any genuine money also if you want to find out more about how works or more about personal finance and investing then i have various videos on my channel so i suggest you check them out so please subscribe and push the bell icon so you do not miss 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 Etoro Millionaire