When discussing the platform….this always comes up Etoro Wallet Zu Hardware Wallet…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of traders or assets picked by based on a selected theme sort of like a tiny etf in some aspects copy portfolios are fantastic for diversification and are created to decrease long-term danger and make the most of present market chances each copy portfolio is periodically 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 financial investment lorry but you can stop your investment at any point at the present market rates as long as the markets are open copy portfolios are great for beginners who want a hands-off method and if you look at’s website they in fact declare that they intend to provide to double-digit yearly returns while alleviating the threat related to the financial investment now keep in mind past efficiency isn’t a sign of future outcomes however that is what they aim to do so copy portfolios are kind of like an etf
A managed portfolio without the fees 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 with time the value of private properties in a varied portfolio go up and down where they drift away from their target weights for instance over the long term stocks normally increase faster than etfs so the stock portion of your portfolio will increase relative to the etf part the rebalancing system closes and opens positions periodically to keep the asset allocation ratio and maintain the copy portfolio method various copy portfolios rebalance at various times to others so generally you require to look at each one individually to find out the rebalancing period once you buy a copy portfolio your capital is professionally handled by’s investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced automatically periodically to optimize its gain capacity so to start with there are 3 types now like i said i’m not going to evaluate each one but perhaps i’ll do that in another video so let me know if this is something you wish 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 mix of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or concentrating on a specific market section as it says here they are built around a concept performance metric or an algorithm that picks its top carrying out possessions and then next we’ve got the top trader copy portfolios leading traders invest in 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 looking for particular trading characteristics that are enhanced for profit then lastly we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that conduct comprehensive market analysis and has partnered with and once again have a style so let’s talk about some of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to explain what copyrighting is but if you need 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 below first of all i would say the main pros of copy portfolios are that they are good for beginners who desire a more hands-off approach in regards to the market copy portfolios i would state they are excellent if you desire direct exposure to a particular market where you believe the industry will do well as a whole for example you may want direct exposure to great deals of renewable energy business or driverless automobiles companies because as a beginner you may not know much about specific stocks to pick it will also save you time as investigating great deals of private stocks can be very time taking in so letting do this on your behalf is great this is also true for the other two copy portfolio
Can you generate income on the trading platform?
types for instance as a newbie you may not know what constitutes a good trader to copy if you want to know how i personally find people 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 choosing a trader based copy portfolio can offer you direct exposure to great deals of traders that are chosen by algorithmically this is excellent for diversification if you’re brand-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 doesn’t do well and on the odd event this does happen i learnt this through copying a trader when beginning so i was copying this guy and at the start he was succeeding then he just started to believe the marketplace would crash so he began shorting great deals of stocks and it never ever did and it just kept increasing and after that he still kept stating that the marketplace 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 Wallet Zu Hardware Wallet
Why is eToro thought about to be bad?
Certainly at risk ultimately 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 however i took a look 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 six months even more down the line so while past efficiency is not indicted for future outcomes i have made some of my biggest earnings in copy portfolios for instance i’ve been invested in the in the video 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 made an insane 210 earnings likewise last year i bought the big tech copy portfolio in january 2020 and now 16 months later this has actually made a tremendous 47.08 profit which is 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 right now that’s that’s some crazy development i’m getting here on but like i said past performance is not a sign of future outcomes so certainly there are some small negatives to copy portfolios firstly it is not possible to eliminate a part of the financial investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro actually totally free as they state?
so this is my virtual account here so say for instance you didn’t like a specific company or person that the copy portfolio had actually purchased or say for instance you wanted to close one position to take profits you would require to close the financial investment entirely so that’s something to remember if you’re the type of individual who creams the top of the earnings off of an investment so then possibly you should invest directly into stocks or traders that you would want to copy instead of in a copy portfolio also 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 rather high all the trader based copy portfolios need a minimum of five thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly look at some of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and then buy them by hand yourself
undoubtedly 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 could not discover this out for certain but 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 would like to validate 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 suggest you can’t personally set a stop loss on the copy portfolio yourself but 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 real person might respond to the marketplace and liquidate positions and possibly buy back in at a lower entry point this may be worth thinking about when selecting a market copy portfolio so to invest in copy portfolios
Why do you require 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 said before service and then from here you’ve got the 3 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 just click on this crypto copy portfolio here that with its absolute outrageous outcomes of 935 area for 2 in the last 12 months that seethes so it’s an extremely comparable design to a normal possession on with the feed on the first page the description on the right here will normally describe what the copy portfolio’s method is and the minimum financial investment amount this ought to likewise lay out how typically 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 have actually simply discovered here the description on the first page doesn’t constantly match the description on the 2nd page so to discover the rebalancing if you go on here i have actually just found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion consisting of new listings or de-listing based upon the terms discussed above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we have actually got the property allowance now you really require to keep in mind of this as i discovered this the hard way and by this i may discover this in two methods so i really bought 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 equal yes i understand i was an enormous noob and a rookie well among these cryptos was more greatly weighted than the others which one tanked whereas the others didn’t it then hit the stop loss and squandered my position and after that as cryptos do it recovered up uh due to the fact that they are so unpredictable so not only did i lose a lot of cash and i wasn’t able to redeem ins because the price had actually bounced up however i also can’t bear to think more that would be worth 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 best lessons in trading are sadly learnt the hard way you will not forget them when you make a horrible mistake like that so proceeding from that if we scroll further 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 beside the numbers
and this means as it states here the stars are based upon back tested results then you’ve got an average threat rating here on the left hand side and also you can see the variety of investors in this copy portfolio and then down at the bottom we’ve got some good graphs for net exposure and allowance then if you click the portfolio here you can see the existing holdings in the portfolio and you’ve got some nice graphs here which simply show the various allotment but if you really wish to see the real holdings you can see the present holdings in there in the portfolio and their current revenue and loss here um and if you change this bit here you can see the historic trades this copy portfolio has actually liquidated of so if we set that to possibly 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 performance of this copy portfolio in time so to buy this you just click the huge button on the top right that states invest and then you can set an amount here that you want to put in then you can set a stop loss below and i’m simply 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 started purchasing copy portfolio now this copy portfolio did open immediately since it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Etoro Wallet Zu Hardware Wallet
If you were to really invest in a copy portfolio that invested in stocks then it would not in fact 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 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 looking at a lot of these is that the minimum amount you can add to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the very same for all of them however 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 been useful to you if you are thinking about investing in a copy portfolio then please do your own due diligence first if you have actually got any questions on this video then please let me know in the comments let us know if you invest in copy portfolios and if so which ones or
which ones do you believe could be a good investment i ‘d love to understand and i read all your comments if you found this video practical in any way then i ‘d actually appreciate 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 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 depositing any real 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 cash also if you want to find out more about how works or more about personal finance and investing then i have many 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 finance thank you for enjoying and i’ll catch you in the next one Etoro Wallet Zu Hardware Wallet