When discussing the platform….this always comes up How To Add My Bank Account To Etoro Bitcoin For Nigerian…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of properties or traders selected by based on a chosen theme kind of like a small etf in some respects copy portfolios are fantastic for diversity and are designed to reduce long-term threat and benefit from present market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading method upon which it is based normally they are viewed as a medium to long-term investment automobile but you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are fantastic for beginners who want a hands-off approach and if you look at’s website they actually declare that they aim to offer up to double-digit yearly returns while alleviating the danger associated with the financial investment now bear in mind previous performance isn’t a sign of future outcomes but that is what they intend to do so copy portfolios are type of like an etf
A handled portfolio without the fees although actual expertly managed funds are most likely to be adjusted daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically with time the value of specific possessions in a diversified portfolio go up and down where they drift away from their target weights for instance over the long term stocks typically increase faster than etfs so the stock portion of your portfolio will go up relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the possession allotment ratio and preserve the copy portfolio technique various copy portfolios rebalance at different times to others so basically you require to look at every one separately to find out the rebalancing period when you purchase a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s performance is analyzed in depth and rebalanced immediately regularly to maximize its gain potential so to start with there are 3 types now like i stated i’m not going to examine every one however maybe i’ll do that in another video so let me know if this is something you would like to see in the comments if you see here we have market copy portfolios leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market sector as it states here they are constructed around an idea performance metric or an algorithm that selects its leading carrying out properties and then next we’ve got the leading trader copy portfolios leading traders buy a group of traders these compromise the best performing traders on according to a predefined method the traders within are chosen by’s investment committee and algorithmically looking 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 3rd parties that conduct extensive market analysis and has partnered with and once again have a style so let’s discuss some of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to explain what copyrighting is however if you would like to know more about that then go take a look at my video which i’ll put a link to up here and in the description below first of all i would state the primary pros of copy portfolios are that they are good for novices who want a more hands-off technique in regards to the marketplace copy portfolios i would state they are excellent if you desire exposure to a specific industry where you believe the industry will do well as a whole for instance you might desire direct exposure to lots of renewable energy business or driverless cars business because as a beginner you might not know much about individual stocks to pick it will also conserve you time as investigating lots of individual stocks can be very time consuming so letting do this in your place is terrific this is likewise real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for example as a newbie you may not know what makes up a good trader to copy if you need to know how i personally find 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 below choosing a trader based copy portfolio can offer you exposure to lots of traders that are selected 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 try to spread it out over a variety of them in case among them does not do well and on the odd occasion this does happen i discovered 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 began to think the marketplace would crash so he started shorting lots of stocks and it never ever did and it just kept going up and then he still kept stating that the marketplace was going to crash and it never did so i lost a fair bit of cash so this is also a caution that your capital How To Add My Bank Account To Etoro Bitcoin For Nigerian
Why is eToro considered to be bad?
Certainly 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 happy 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 much better than where i would have been six months even more down the line so while past performance is not indicted for future results i have actually made some of my greatest profits in copy portfolios for example i have actually been purchased the in the game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have actually made a ridiculous 210 profit also in 2015 i purchased the big tech copy portfolio in january 2020 and now 16 months later this has actually made a whopping 47.08 profit which remains 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 outrageous development i’m getting here on but like i stated previous performance is not indicative of future outcomes so certainly 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 individual positions within a copy portfolio
Is eToro actually complimentary as they say?
so this is my virtual account here so say for instance you didn’t like a particular business or person that the copy portfolio had actually bought or state for example you wished to close one position to take earnings you would require to close the 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 perhaps you ought to invest directly into stocks or traders that you would want 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 five thousand us dollars could be a lot so your option is to potentially 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 manually 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 could not discover this out for definite 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 then i’ll put it as the pin remark below now this doesn’t suggest you can’t personally set a stop loss on the copy portfolio yourself however say for example 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 genuine individual might react to the market and liquidate positions and potentially redeem in at a lower entry point this may be worth thinking about when picking a market copy portfolio so to buy copy portfolios
Why do you require 25k to day trade?
you would first of all go to the following link on the left here that states buy copy portfolios this is my virtual account as i said before service and then from here you have actually got the 3 kinds 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 offer and there’s loads of various ones in here with lots of different themes so it’s worth having a browse so state let’s simply click on this crypto copy portfolio here that with its outright insane outcomes of 935 area for two in the last 12 months that seethes so it’s an extremely comparable design to a typical property on with the feed upon the first page the description on the right here will normally describe what the copy portfolio’s approach is and the minimum investment amount this must likewise lay out how frequently 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 simply noticed here the description on the very first page does not constantly match the description on the 2nd 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 consisting of 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 side we’ve got the possession allocation now you truly need to take note of this as i learned this the hard way and by this i might discover this in two methods so i actually invested in one of these crypto copy portfolios a long time ago when i was starting out on and i didn’t inspect the weightings and i presume they were all equivalent yes i know i was a massive noob and a rookie well among these cryptos was more greatly weighted than the others and that one tanked whereas the others didn’t it then hit the stop loss and squandered my position and then as cryptos do it recuperated up uh due to the fact that they are so unpredictable so not just did i lose a lot of cash and i wasn’t able to redeem ins since the cost had actually bounced up however i likewise can’t bear to think more that would deserve now today it’s simply uh i missed i missed out on that one but it’s lesson to learn and in some cases the very best lessons in trading are unfortunately learnt the hard way you will not forget them when you make a terrible mistake like that so carrying 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 see there’s some stars beside the numbers
and this means as it states here the stars are based upon back evaluated outcomes then you’ve got a typical threat score here on the left hand side and also you can see the variety of financiers in this copy portfolio and then down at the bottom we’ve got some good graphs for net exposure and allotment 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 allotment but if you actually wish to see the actual holdings you can see the existing holdings in there in the portfolio and their existing profit and loss here um and if you alter this bit here you can see the historical trades this copy portfolio has actually closed out of so if we set that to maybe one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the performance of this copy portfolio over time so to purchase this you simply click the big 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 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 quickly since it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday How To Add My Bank Account To Etoro Bitcoin For Nigerian
so if you were to in fact invest in a copy portfolio that purchased stocks then it would not in fact open those positions till the marketplaces 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 financial investment you can adjust the stop loss or you can close the financial investment now if you want to increase the financial investment one thing i have seen when taking a look at a lot of these is that the minimum amount you can contribute to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the same for all of them but i took a look at a handful and they did all seem to state it was a thousand that you might add minimum so that’s something definitely to remember when opening your copy portfolio position so i hope this video has actually been practical to you if you are considering purchasing 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 understand in the remarks let us know if you purchase copy portfolios and if so which ones or
which ones do you think could be a good financial investment i ‘d like to know and i read all your comments if you discovered this video handy in any way then i ‘d truly appreciate an early thumbs up as it really assists support the channel likewise for those of you thinking about registering to and haven’t currently 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 doesn’t 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 demo account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine money 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 advise 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 finance thank you for watching and i’ll capture you in the next one How To Add My Bank Account To Etoro Bitcoin For Nigerian