When discussing the platform….this always comes up Harmony One Proce Etoro…Ideally you will pick something up along the way so what are copy portfolios so generally they are a basket of properties or traders picked by based on a selected theme type of like a small etf in some respects copy portfolios are great for diversity and are designed to decrease long-term threat and take advantage of 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 normally they are viewed as a medium to long-lasting investment automobile but you can stop your financial investment at any point at the present market rates as long as the markets are open copy portfolios are fantastic for newbies who desire a hands-off technique and if you take a look at’s website they in fact declare that they aim to offer up to double-digit annual returns while mitigating the risk connected with the investment now keep in mind past performance isn’t a sign of future outcomes however that is what they intend to do so copy portfolios are sort of like an etf
A managed portfolio without the charges although actual professionally managed funds are likely to be changed day-to-day or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically over time the worth of private possessions in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks normally increase quicker than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions occasionally to keep the asset allotment ratio and keep the copy portfolio technique various copy portfolios rebalance at different times to others so essentially you require to look at each one separately to find out the rebalancing period as soon as you invest in a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced automatically occasionally to maximize its gain capacity so firstly there are 3 types now like i stated i’m not going to examine every one but perhaps 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a particular market section as it says here they are built around a concept performance metric or an algorithm that selects its leading performing possessions and after that next we’ve got the top trader copy portfolios top traders buy a group of traders these compromise the very best performing traders on according to a predefined strategy the traders within are picked by’s investment committee and algorithmically searching for particular trading attributes that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios developed by 3rd parties that perform extensive market analysis and has actually partnered with and once again have a style so let’s discuss a few of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to describe what copyrighting is however if you wish 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 first of all i would state the primary pros of copy portfolios are that they are good for beginners who desire a more hands-off approach in regards to the marketplace copy portfolios i would say they are terrific if you desire exposure to a particular market where you believe the industry will succeed as a whole for example you may desire direct exposure to lots of renewable resource business or driverless vehicles business since as a beginner you might not know much about specific stocks to select it will also conserve you time as looking into lots of individual stocks can be extremely time taking in so letting do this on your behalf is great this is likewise real for the other 2 copy portfolio
Can you earn money on the trading platform?
types for example as a newbie you may 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 have 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 offer you exposure to lots of traders that are picked by algorithmically this is great 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 among them doesn’t do well and on the odd occasion this does occur i discovered this through copying a trader when beginning so i was copying this person and at the start he was doing well then he just started to think the marketplace would crash so he began shorting lots of stocks and it never ever did and it simply kept increasing 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 warning that your capital Harmony One Proce Etoro
Why is eToro thought about to be bad?
Certainly at risk eventually i had to cut my losses with this trader and i believe i wound up losing over a thousand dollars in the end which i was not happy about but 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 even more down the line so while previous efficiency is not prosecuted for future outcomes i have made a few of my biggest earnings in copy portfolios for example i’ve been purchased 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 4 years i have made an insane 210 revenue also in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 earnings which is 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 however like i stated previous efficiency is not indicative of future outcomes so obviously there are some small negatives to copy portfolios firstly it is not possible to get rid of a part of the investment it’s also not possible to close specific positions within a copy portfolio
Is eToro truly free as they state?
so this is my virtual account here so say for instance you didn’t like a particular business or individual that the copy portfolio had invested in or state for example you wished to close one position to take earnings you would need to close the financial investment totally so that’s something to keep in mind 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 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 a few of these is quite high all the trader based copy portfolios require a minimum of five thousand us dollars and five thousand us dollars could be a lot so your alternative is to potentially take a 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
obviously if you did this you would not get any rebalancing as you would on a copy portfolio now potentially another negative of copy portfolios and i could not find this out for guaranteed but 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 wishes to validate this with me then please do not hesitate to get in contact and after that i’ll put it as the pin comment listed below now this does not indicate you can’t personally set a stop loss on the copy portfolio yourself however say for instance if you’re copying a market copy portfolio it would not react and close out a position if there was a crash in the market whereas a genuine individual could respond to the market and close out positions and possibly buy back in at a lower entry point this may deserve considering when picking a market copy portfolio so to purchase copy portfolios
Why do you need 25k to day trade?
you would firstly go to the following link on the left here that says purchase copy portfolios this is my virtual account as i stated before service and after that from here you’ve got the 3 kinds 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 deal and there’s loads of different ones in here with lots of various styles so it’s worth having a browse so say let’s just click this crypto copy portfolio here that with its outright ridiculous results of 935 spot for two in the last 12 months that seethes so it’s a really similar layout to a normal property on with the feed on the first page the description on the right here will normally describe what the copy portfolio’s approach is and the minimum financial investment quantity this ought to also lay out 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’ve just seen here the description on the first page doesn’t always match the description on the second page so to learn the rebalancing if you go on here i’ve simply discovered that by searching 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 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 allowance now you really need to remember of this as i learned this the hard way and by this i might discover this in two methods so i really purchased among these crypto copy portfolios a long time ago when i was starting on and i didn’t check 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 greatly weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and squandered my position and after that as cryptos do it bounced back up uh because they are so unpredictable so not just 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 likewise can’t bear to think more that would deserve now today it’s simply uh i missed out on i lost out on that one but it’s lesson to find out and in some cases the best lessons in trading are sadly learnt the hard way you will not forget them when you make a terrible error like that so carrying on from that if we scroll even more down we have the historical stats 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 implies as it states here the stars are based upon back tested outcomes then you’ve got a typical danger score 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 great graphs for net direct 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 just reveal the different allowance however if you in fact wish to see the real holdings you can see the existing holdings in there in the portfolio and their present profit and loss here um and if you change this bit here you can see the historic trades this copy portfolio has actually closed out of so if we set that to possibly one year you can see the historic 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 gradually so to buy this you simply click the big button on the top 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 just know there is a minimum and a maximum 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 since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Harmony One Proce Etoro
If you were to actually 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 investment you can pause the 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 observed when looking at a lot 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 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 been helpful to you if you are considering investing in a copy portfolio then please do your own due diligence first if you have actually got any concerns on this video then please let me understand 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 financial investment i ‘d enjoy to understand and i read all your comments if you discovered this video helpful in any way then i ‘d truly value an early thumbs up as it really helps support the channel likewise for those of you interested in registering to and haven’t 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 extra but it actually assists support this channel so why not give a go prior to transferring any real cash as they will provide 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 cash likewise if you want to learn 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 press the bell icon so you don’t miss out on any future updates it’s been ollie from get geek financing thank you for seeing and i’ll capture you in the next one Harmony One Proce Etoro