When discussing the platform….this always comes up Etoro Tomprotrader…Hopefully you will choose 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 chosen theme sort of like a tiny etf in some respects copy portfolios are excellent for diversification and are created to lessen long-lasting danger and make the most of current market chances each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading technique upon which it is based typically they are viewed as a medium to long-lasting financial investment automobile 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 newbies who desire a hands-off technique and if you look at’s website they in fact claim that they intend to offer up to double-digit annual returns while reducing the threat related to the investment now keep in mind past efficiency isn’t indicative of future outcomes however that is what they intend to do so copy portfolios are kind of like an etf
A handled portfolio without the fees although actual professionally managed funds are likely to be changed daily or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally gradually the worth of private possessions in a diversified portfolio go up and down whereby they drift away from their target weights for instance over the long term stocks normally increase quicker than etfs so the stock part of your portfolio will go up relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the possession allocation ratio and keep the copy portfolio technique various copy portfolios rebalance at various times to others so essentially you require to look at every one separately to learn the rebalancing duration when you purchase a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s efficiency is analyzed in depth and rebalanced automatically occasionally to maximize its gain potential so first of all there are 3 types now like i stated i’m not going to examine each one however perhaps i’ll do that in another video so let me understand if this is something you would like 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 purchase a combination of cfd stocks products 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 built around a concept performance metric or an algorithm that picks its top performing assets and after that next we have actually got the leading trader copy portfolios top traders invest in a group of traders these compromise the best carrying out 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 enhanced for profit then lastly we’ve got a partner copy portfolios these are portfolios developed by third parties that carry out extensive market analysis and has partnered with and again have a style so let’s talk about a few of the benefits and drawbacks 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 place a link to up here and in the description 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 state they are fantastic if you desire direct exposure to a particular industry where you think the industry will succeed as a whole for instance you might desire direct exposure to great deals of renewable energy business or driverless cars and trucks business since as a beginner you might not know much about private stocks to pick it will likewise conserve you time as investigating great deals of specific stocks can be extremely time taking in so letting do this in your place is terrific this is also true for the other 2 copy portfolio
Can you make money on the trading platform?
types for example as a newbie you might not know what constitutes a good trader to copy if you would like 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 listed below selecting a trader based copy portfolio can offer you direct exposure to great deals of traders that are selected by algorithmically this is great for diversification 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 doesn’t do well and on the odd event this does happen i discovered this through copying a trader when beginning so i was copying this man and at the start he was doing well then he just started to believe the market would crash so he began shorting great deals of stocks and it never did and it simply kept increasing and after that he still kept stating that the market was going to crash and it never did so i lost a fair bit of cash so this is also a warning that your capital Etoro Tomprotrader
Why is eToro considered to be bad?
Absolutely 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 delighted 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 much better than where i would have been 6 months even more down the line so while past performance is not prosecuted for future results i have made some of my most significant profits in copy portfolios for instance i’ve been bought 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 made an insane 210 profit also in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later this has actually made a massive 47.08 profit and that 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 crazy growth i’m getting here on however like i stated previous performance is not indicative of future results so undoubtedly 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 truly totally free as they say?
This is my virtual account here so say for example you didn’t like a specific business or person that the copy portfolio had invested in or state for example you desired to close one position to take profits you would require to close the financial investment totally so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of an investment so then perhaps you ought to invest directly into stocks or traders that you would desire 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 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 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 find this out for guaranteed but my understanding is that on market copy portfolios there isn’t any stop losses on private positions if somebody from etora sees this video and would like to verify this with me then please feel free to get in contact and after that i’ll put it as the pin comment below now this does not imply 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 react and close out a position if there was a crash in the market whereas a genuine person could react to the marketplace and liquidate positions and possibly buy back in at a lower entry point this might be worth thinking about when choosing a market copy portfolio so to buy copy portfolios
Why do you need 25k to day trade?
you would to start with go to the following link on the left here that says invest in copy portfolios this is my virtual account as i said prior to service and after that from here you’ve got the 3 types of copy portfolios that we were speaking about 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 lots of various themes 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 two in the last 12 months that seethes so it’s a really similar design to a normal asset on with the eat the very first page the description on the right here will generally outline what the copy portfolio’s approach is and the minimum investment quantity this should also describe how often it rebalances so as you can see for this crypto copy portfolio here the minimum investment quantity is 1 000 us dollars so as i have actually simply observed here the description on the first page doesn’t constantly match the description on the 2nd page so to learn the rebalancing if you go on here i have actually 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 consisting of brand-new listings or de-listing based on 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 asset allocation now you really need to remember of this as i discovered this the hard way and by this i may learn this in 2 ways so i in fact purchased one of these crypto copy portfolios a long period of time ago when i was starting on and i didn’t check the weightings and i presume they were all equivalent yes i understand i was a huge noob and a novice well one of these cryptos was more greatly weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and squandered my position and then as cryptos do it got better up uh since they are so unstable so not just did i lose a great deal of money and i wasn’t able to buy back ins since the price had 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 missed out on that one but it’s lesson to find out and sometimes the very best lessons in trading are unfortunately learnt the hard way you won’t forget them when you make a terrible mistake like that so moving on from that if we scroll further 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 indicates as it says here the stars are based upon back checked outcomes then you have actually got a typical risk 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’ve got some nice charts for net direct exposure and allowance then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some great charts here which simply reveal the various allocation but if you really wish to see the real holdings you can see the present holdings in there in the portfolio and their current profit and loss here um and if you alter this bit here you can see the historical 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 actually closed out of then on the last tab we have a chart revealing the efficiency of this copy portfolio over time so to buy this you simply click the big button on the leading 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 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 quickly since it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Etoro Tomprotrader
so if you were to in fact purchase a copy portfolio that invested in 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 pause the investment you can change the stop loss or you can close the financial investment now if you want to increase the financial investment one thing i have actually discovered when looking 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 state it was a thousand that you could include minimum so that’s something absolutely to keep in mind when opening your copy portfolio position so i hope this video has actually been valuable to you if you are thinking about 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 comments let us know if you purchase copy portfolios and if so which ones or
which ones do you think could be an excellent investment i ‘d like to understand and i checked out all your comments if you found this video useful in any way then i ‘d truly value an early thumbs up as it truly 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 register using it then i will get a kickback and it doesn’t cost you anything additional however it actually helps support this channel so why not give a go before depositing any real cash as they will give you a demo account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any genuine cash likewise if you wish to find out more about how works or more about individual financing 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 lose out on any future updates it’s been ollie from get geek finance thank you for viewing and i’ll capture you in the next one Etoro Tomprotrader