When discussing the platform….this always comes up Can Etoro Trade Cryptocurrency…Hopefully you will choose something up along the way so what are copy portfolios so essentially they are a basket of traders or properties selected by based on a chosen theme sort of like a small etf in some respects copy portfolios are excellent for diversification and are developed to decrease long-lasting risk and take advantage of existing market opportunities 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 viewed as a medium to long-term financial investment vehicle however you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are terrific for novices who want a hands-off approach and if you take a look at’s website they really claim that they aim to offer up to double-digit annual returns while mitigating the risk related to the investment now remember previous efficiency isn’t indicative 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 charges although actual expertly managed funds are likely to be changed everyday or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing generally gradually the worth of individual assets in a varied portfolio move up and down where they drift away from their target weights for instance over the long term stocks generally increase much faster than etfs so the stock part of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions regularly to keep the asset allotment ratio and keep the copy portfolio strategy various copy portfolios rebalance at various times to others so basically you need to look at every one separately to discover the rebalancing duration when 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 immediately regularly to maximize its gain potential so to start with there are 3 types now like i said i’m not going to examine every one but possibly i’ll do that in another video so let me understand if this is something you wish 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 invest in a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market strategy or focusing on a particular market segment as it says here they are built around a concept performance metric or an algorithm that chooses its leading performing assets and after that next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the very best performing traders on according to a predefined technique the traders within are picked by’s investment committee and algorithmically looking for specific trading attributes that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios produced by third parties that conduct extensive market analysis and has partnered with and again have a theme so let’s discuss a few of the pros and cons of copying people versus copying portfolios so i’m not going to explain what copyrighting is however if you want to know more about that then go have a look at my video which i’ll position a link to up here and in the description listed below firstly i would say the main pros of copy portfolios are that they are good for beginners who want a more hands-off method in regards to the market copy portfolios i would say they are excellent if you want direct exposure to a specific market where you believe the market will succeed as a whole for instance you might want exposure to great deals of renewable energy companies or driverless vehicles companies due to the fact that as a beginner you may not know much about individual stocks to pick it will also save you time as looking into great deals of individual stocks can be extremely time consuming so letting do this on your behalf is fantastic this is also true for the other two copy portfolio
Can you make money on the trading platform?
types for instance as a newbie you might not know what constitutes a good 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 picking a trader based copy portfolio can provide you direct exposure to lots of traders that are selected by algorithmically this is fantastic for diversity if you’re new to i personally would not invest all my money in one trader and would try to spread it out over a number of them in case among them does not succeed and on the odd event this does happen i discovered this through copying a trader when starting so i was copying this man and at the start he was doing well then he simply began 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 saying that the marketplace was going to crash and it never ever did so i lost quite a bit of money so this is also a warning that your capital Can Etoro Trade Cryptocurrency
Why is eToro considered to be bad?
Definitely at risk ultimately i had 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 pleased about however i took a look at that trader further 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 6 months further down the line so while previous performance is not prosecuted for future results i have actually made some of my greatest profits in copy portfolios for example i’ve 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 crazy 210 earnings also in 2015 i bought the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a tremendous 47.08 profit 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 today that’s that’s some outrageous growth i’m getting here on but like i said past performance is not indicative of future outcomes so obviously there are some small negatives to copy portfolios firstly it is not possible to remove a part of the investment it’s also not possible to close specific positions within a copy portfolio
Is eToro really totally free as they state?
This is my virtual account here so state for example you didn’t like a particular business or individual that the copy portfolio had actually invested in or state for example you wanted to close one position to take profits you would need to close the investment entirely so that’s something to bear in mind if you’re the kind of individual who creams the top of the revenues off of a financial investment so then perhaps 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 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 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 potentially another negative of copy portfolios and i couldn’t discover this out for certain but 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 would like to verify this with me then please do not hesitate to get in contact and then i’ll put it as the pin remark listed below now this does not mean you can’t personally set a stop loss on the copy portfolio yourself however state for instance if you’re copying a market copy portfolio it would not respond and close out a position if there was a crash in the market whereas a real person might respond to the marketplace and close out positions and possibly redeem 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 to start with go to the following link on the left here that says buy copy portfolios this is my virtual account as i said prior to service and then from here you have actually got the 3 kinds of copy portfolios that we were discussing 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 great deals of various themes so it deserves having a browse so say let’s just click this crypto copy portfolio here that with its absolute crazy results of 935 spot for 2 in the last 12 months that seethes so it’s a very comparable design to a regular property on with the eat the very first page the description on the right here will typically describe what the copy portfolio’s approach is and the minimum financial investment amount this should also describe how frequently 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 noticed 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 have actually simply 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 brand-new listings or de-listing based on the terms discussed above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the property allocation now you truly require to take note of this as i learned this the hard way and by this i might learn this in 2 methods so i really invested in among these crypto copy portfolios a long time ago when i was beginning on and i didn’t check the weightings and i presume they were all equal yes i know i was a massive noob and a rookie well one of these cryptos was more greatly 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 only did i lose a great deal of cash and i wasn’t able to buy back ins because the cost had actually bounced up however i likewise can’t bear to believe more that would deserve now today it’s just uh i missed out on i lost out on that one however it’s lesson to learn and sometimes the very best lessons in trading are sadly discovered 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 statistics 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 says here the stars are based on back evaluated outcomes then you have actually got an average threat rating here on the left hand side and likewise you can see the variety of financiers in this copy portfolio and after that down at the bottom we have actually got some good graphs for net direct exposure and allowance then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some good charts here which just reveal the various allowance however if you in fact wish to see the actual holdings you can see the current 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 historic trades this copy portfolio has closed out of so if we set that to perhaps one year you can see the historical 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 simply click the huge 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 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 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 recording this video on a sunday Can Etoro Trade Cryptocurrency
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 financial investment you can stop briefly the financial investment you can change the stop loss or you can close the financial investment now if you desire to increase the investment one thing i have actually observed when looking at a bunch 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 exact same for all of them however i looked at a handful and they did all appear to say it was a thousand that you might include minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has actually been helpful to you if you are thinking about investing in a copy portfolio then please do your own due diligence first 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 good financial investment i ‘d like to understand and i checked out all your comments if you discovered this video practical in any way then i ‘d really value an early thumbs up as it truly assists support the channel also 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 extra however it really helps support this channel so why not give a go prior to depositing any real money as they will give 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 money also if you wish to find out 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 do not lose out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll capture you in the next one Can Etoro Trade Cryptocurrency