When discussing the platform….this always comes up Can I Have 2 Etoro Accounts…Ideally you will pick something up along the way so what are copy portfolios so generally they are a basket of traders or possessions chosen by based upon a selected style type of like a tiny etf in some respects copy portfolios are terrific for diversity and are developed to minimize long-term threat and make the most of present 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 seen as a medium to long-lasting investment lorry 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 terrific for novices who want a hands-off approach and if you take a look at’s website they actually claim that they intend to provide to double-digit yearly returns while mitigating the danger associated with the investment now keep in mind past performance isn’t indicative of future outcomes however that is what they aim to do so copy portfolios are type of like an etf
A handled portfolio without the costs although actual expertly managed funds are most likely to be changed everyday or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially in time the value of specific possessions in a diversified portfolio move up and down where they drift away from their target weights for example over the long term stocks generally rise faster than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions occasionally to keep the property allowance ratio and maintain the copy portfolio method different copy portfolios rebalance at different times to others so basically you require to look at every one individually to learn the rebalancing period once you buy a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced automatically periodically to maximize its gain capacity so to start with there are three types now like i stated i’m not going to evaluate every one however maybe i’ll do that in another video so let me know if this is something you wish to see in the comments 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 commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market section as it says here they are developed around a concept performance metric or an algorithm that picks its top carrying out assets and then next we have actually got the top trader copy portfolios top traders buy a group of traders these compromise the best performing traders on according to a predefined strategy the traders within are chosen by’s financial investment committee and algorithmically looking for particular trading attributes that are optimized for profit then lastly we have actually got a partner copy portfolios these are portfolios produced by third parties that perform comprehensive market analysis and has partnered with and again have a style so let’s discuss some of the benefits and drawbacks of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is but if you would like to know more about that then go take a look at my video which i’ll position 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 want a more hands-off technique in regards to the marketplace copy portfolios i would state they are terrific if you want direct exposure to a particular industry where you think the industry will succeed as a whole for example you might desire exposure to great deals of renewable energy business or driverless cars and trucks business since as a novice you might not know much about specific stocks to pick it will likewise save you time as researching great deals of individual stocks can be very time taking in so letting do this on your behalf is terrific this is likewise true for the other 2 copy portfolio
Can you earn money on the trading platform?
types for instance as a beginner you may not know what makes up an excellent trader to copy if you wish 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 listed below selecting a trader based copy portfolio can provide you exposure to lots of traders that are picked by algorithmically this is terrific for diversity if you’re new to i personally would not invest all my money in one trader and would attempt 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 beginning so i was copying this person and at the start he was doing well then he just began to think the market would crash so he began shorting lots of stocks and it never did and it just kept going up and then he still kept stating that the market was going to crash and it never ever did so i lost quite a bit of cash so this is likewise a caution that your capital Can I Have 2 Etoro Accounts
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 ended up losing over a thousand dollars in the end which i was not delighted about however 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 six months further down the line so while past performance is not indicted for future results i have actually made some of my most significant profits in copy portfolios for instance i have actually been purchased the in the 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 an outrageous 210 profit likewise in 2015 i purchased the big tech copy portfolio in january 2020 and now 16 months later this has made a whopping 47.08 revenue and that is in simply 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 crazy development i’m getting here on however like i stated previous efficiency is not a sign of future results so certainly there are some small negatives to copy portfolios to start with it is not possible to eliminate a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio
Is eToro really complimentary as they state?
This is my virtual account here so state for example you didn’t like a specific company or individual that the copy portfolio had invested in or state for example you wanted to close one position to take earnings you would need to close the investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the profits off of an investment so then perhaps you ought to invest straight into stocks or traders that you would want to copy rather than in a copy portfolio likewise 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 rather high all the trader based copy portfolios require at least 5 thousand us dollars and 5 thousand us dollars could be a lot so your alternative is to possibly look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them by hand yourself
undoubtedly 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 however my understanding is that on market copy portfolios there isn’t any stop losses on private positions if someone from etora sees this video and would like to confirm this with me then please do not hesitate to get in contact and after that i’ll put it as the pin remark listed below now this doesn’t mean you can’t personally set a stop loss on the copy portfolio yourself but state 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 real person might react to the market and liquidate positions and possibly redeem in at a lower entry point this might deserve considering when choosing a market copy portfolio so to buy 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 then from here you’ve got the 3 kinds 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 offer and there’s loads of different ones in here with great deals of different styles so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its absolute outrageous outcomes of 935 spot for 2 in the last 12 months that seethes so it’s a very comparable design to a normal possession on with the eat the first page the description on the right here will normally outline what the copy portfolio’s method is and the minimum investment amount this should also detail 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 noticed here the description on the very first page does not always match the description on the 2nd page so to learn the rebalancing if you go on here i’ve 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 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 side we have actually got the asset allocation now you actually need to remember of this as i discovered this the hard way and by this i might learn this in two ways so i in fact invested in one of 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 equivalent yes i know i was an enormous 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 cashed out my position and after that as cryptos do it bounced back 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 rate had actually bounced up however i also can’t bear to think more that would be worth now today it’s just uh i missed out on i lost out on that one but it’s lesson to learn and sometimes the best lessons in trading are regrettably found out the hard way you won’t forget them when you make a terrible mistake like that so proceeding from that if we scroll further down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars next to the numbers
and this indicates as it states here the stars are based upon back tested results then you have actually got an average threat score here on the left hand side and likewise you can see the variety of investors in this copy portfolio and then down at the bottom we’ve got some nice charts for net exposure and allotment then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some nice graphs here which simply show the various allotment however if you actually want to see the real holdings you can see the present holdings in there in the portfolio and their present earnings and loss here um and if you change 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 historic trades this copy portfolio has closed out of then on the last tab we have a chart revealing the efficiency of this copy portfolio with time so to purchase this you just click the big button on the top right that says invest and then you can set an amount here that you wish 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 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 purchasing copy portfolio now this copy portfolio did open quickly due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Can I Have 2 Etoro Accounts
If you were to in fact 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 stop briefly the investment you can change the stop loss or you can close the financial investment now if you desire to increase the financial investment one thing i have actually noticed when looking at a bunch of these is that the minimum amount you can include 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 state it was a thousand that you could add minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has been practical 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 know if you invest in copy portfolios and if so which ones or
which ones do you believe could be a great investment i ‘d love to know and i read all your remarks if you found this video helpful in any way then i ‘d truly appreciate an early thumbs up as it really helps support the channel also for those of you interested in registering to and haven’t currently then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it does not cost you anything additional but it really 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 money where you can experience all of the functions like copy trading without losing any real money likewise if you want to learn more about how works or more about individual financing and investing then i have various videos on my channel so i suggest you check them out so please press 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 catch you in the next one Can I Have 2 Etoro Accounts