When discussing the platform….this always comes up Can You Use The Same Bank Account For 2 Accounts Etoro…Ideally you will select something up along the way so what are copy portfolios so generally they are a basket of assets or traders picked by based on a picked style sort of like a mini etf in some respects copy portfolios are excellent for diversification and are designed to minimize long-lasting threat and benefit from existing 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 financial investment lorry however you can stop your financial investment at any point at the present market rates as long as the markets are open copy portfolios are terrific for beginners who want a hands-off approach and if you look at’s site they really claim that they aim to offer up to double-digit yearly returns while mitigating the danger related to the financial investment now bear in mind previous efficiency isn’t indicative 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 charges although real professionally managed funds are likely to be changed day-to-day or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally in time the worth of private properties in a diversified portfolio go up and down whereby they drift away from their target weights for example over the long term stocks usually 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 property allocation ratio and keep the copy portfolio technique various copy portfolios rebalance at various times to others so basically you require to look at each one individually to find out the rebalancing period as soon as you buy a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s performance is evaluated in depth and rebalanced automatically periodically to maximize its gain potential so firstly there are three types now like i said i’m not going to evaluate every one however possibly i’ll do that in another video so let me understand if this is something you want 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 purchase a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market section as it says here they are developed around a concept efficiency metric or an algorithm that picks its top carrying out properties and after that next we’ve got the top trader copy portfolios leading traders purchase a group of traders these compromise the very best carrying out traders on according to a predefined strategy the traders within are selected by’s financial 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 developed by third parties that perform comprehensive market analysis and has actually partnered with and again have a style so let’s go over some of the pros and cons of copying people versus copying portfolios so i’m not going to explain what copyrighting is but if you would like to know more about that then go check out my video which i’ll place a link to up here and in the description below to start with i would say the primary pros of copy portfolios are that they benefit beginners who want a more hands-off method in regards to the market copy portfolios i would say they are great if you desire direct exposure to a particular industry where you believe the industry will do well as a whole for example you may desire exposure to great deals of renewable energy companies or driverless cars and trucks companies since as a beginner you might not know much about specific stocks to pick it will likewise conserve you time as investigating great deals of private stocks can be extremely time consuming so letting do this in your place is excellent this is also true for the other 2 copy portfolio
Can you earn money on the trading platform?
types for example as a novice you may not know what constitutes an excellent trader to copy if you would like 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 below selecting a trader based copy portfolio can give you exposure to great deals of traders that are picked by algorithmically this is great for diversity if you’re brand-new to i personally would not invest all my money in one trader and would attempt to spread it out over a variety of them in case one of them doesn’t succeed and on the odd celebration this does happen i learnt this through copying a trader when beginning so i was copying this man and at the start he was doing well then he just began to believe the market would crash so he started shorting great deals of stocks and it never 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 quite a bit of cash so this is also a warning that your capital Can You Use The Same Bank Account For 2 Accounts Etoro
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 happy about but i looked 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 further down the line so while past performance is not prosecuted for future results i have actually made some of my greatest profits in copy portfolios for example i have actually been invested in 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 simply under 4 years i have actually made a crazy 210 earnings also in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later this has made a whopping 47.08 earnings which 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 right now that’s that’s some insane development i’m getting here on but like i stated previous performance is not a sign of future results so obviously there are some small negatives to copy portfolios firstly 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 example you didn’t like a specific business or person that the copy portfolio had bought or say for example you wanted to close one position to take revenues you would require to close the investment entirely so that’s something to keep in mind if you’re the kind of person who creams the top of the profits off of a financial investment so then potentially you ought to invest straight into stocks or traders that you would wish to copy instead of in a copy portfolio also 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 need at least five thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly take a look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that purchase 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 guaranteed however 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 wishes to confirm this with me then please feel free to get in contact and then i’ll put it as the pin comment below now this doesn’t imply you can’t personally set a stop loss on the copy portfolio yourself however state 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 real person could react to the market and close out positions and potentially buy back in at a lower entry point this might deserve thinking about 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 buy copy portfolios this is my virtual account as i stated before service and then from here you’ve got the three types 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 offer and there’s loads of various ones in here with great deals of different themes so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its absolute crazy outcomes of 935 area for 2 in the last 12 months that seethes so it’s a very similar layout to a normal asset on with the feed upon the very first page the description on the right here will normally detail what the copy portfolio’s method is and the minimum financial investment amount this should also detail how often it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment quantity is 1 000 us dollars so as i’ve just seen here the description on the very first page doesn’t always 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 annual or by the financial investment committee discretion including brand-new listings or de-listing based upon the terms discussed 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 property allowance now you actually need to take note of this as i learned this the hard way and by this i might learn this in 2 methods so i in fact purchased one of these crypto copy portfolios a long time ago when i was starting out on and i didn’t check the weightings and i presume they were all equivalent yes i know i was an enormous noob and a novice 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 because they are so unstable so not just did i lose a lot of cash and i wasn’t able to redeem ins due to the fact that the price had actually bounced up but i likewise can’t bear to think more that would deserve now today it’s just uh i missed i missed out on that one however it’s lesson to find out and sometimes the very best lessons in trading are sadly discovered the hard way you won’t forget them when you make a horrible mistake like that so moving on from that if we scroll further 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 beside the numbers
and this suggests as it says here the stars are based on back tested results then you have actually 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’ve got some nice charts 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 nice graphs here which simply reveal the different allotment but if you actually wish to see the real holdings you can see the existing 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 historical trades this copy portfolio has closed out of so if we set that to possibly one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart showing the performance of this copy portfolio with time so to purchase this you just click the big button on the top right that states invest and after that you can set an amount here that you want 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 immediately since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Can You Use The Same Bank Account For 2 Accounts Etoro
so if you were to actually purchase a copy portfolio that bought stocks then it would not actually 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 investment you can change the stop loss or you can close the financial investment now if you want to increase the investment something i have observed 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 understand if that’s the same for all of them however i looked at a handful and they did all seem to say it was a thousand that you could include minimum so that’s something definitely to keep in mind when opening your copy portfolio position so i hope this video has been handy to you if you are thinking about investing in a copy portfolio then please do your own due diligence initially if you’ve got any concerns on this video then please let me know in the remarks let us know if you buy copy portfolios and if so which ones or
which ones do you believe could be an excellent investment i ‘d enjoy to know and i checked out all your remarks if you discovered this video valuable in any way then i ‘d actually value an early thumbs up as it truly assists support the channel likewise for those of you interested in registering to and have not already then there’s an an affiliate link listed below where if you do register utilizing it then i will get a kickback and it does not cost you anything additional but it truly helps support this channel so why not give a go prior to depositing any genuine cash as they will offer you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any real cash also if you wish to find out more about how works or more about individual finance and investing then i have numerous videos on my channel so i advise you check them out so please push the bell and subscribe icon so you do not 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 Can You Use The Same Bank Account For 2 Accounts Etoro