When discussing the platform….this always comes up Ilika Shares Etoro…Hopefully you will select something up along the way so what are copy portfolios so generally they are a basket of traders or assets picked by based upon a chosen theme type of like a tiny etf in some aspects copy portfolios are fantastic for diversification and are designed to decrease long-term danger 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 method upon which it is based generally they are viewed as a medium to long-lasting financial investment automobile however you can stop your financial investment at any point at the present market rates as long as the marketplaces are open copy portfolios are great for novices who desire a hands-off approach and if you take a look at’s site they really claim that they aim to provide to double-digit yearly returns while mitigating the threat connected with the financial investment now bear in mind past performance 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 costs although actual expertly managed funds are most likely to be changed day-to-day or on shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing essentially over time the value of specific assets in a varied portfolio go up and down whereby they drift away from their target weights for instance over the long term stocks generally increase much faster than etfs so the stock portion of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions occasionally to keep the possession allowance ratio and maintain the copy portfolio strategy different copy portfolios rebalance at various times to others so generally you require to take a look at every one separately to learn the rebalancing period when you purchase a copy portfolio your capital is professionally managed by’s financial investment committee each copy portfolio’s efficiency is examined in depth and rebalanced automatically occasionally to optimize its gain potential so first of all there are 3 types now like i stated i’m not going to examine every one however perhaps 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a mix of cfd stocks commodities 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 developed around a concept performance metric or an algorithm that picks its leading carrying out properties and then next we’ve got the top trader copy portfolios leading traders invest in a group of traders these compromise the best performing traders on according to a predefined technique the traders within are chosen by’s investment committee and algorithmically searching for particular trading attributes that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios developed by 3rd parties that perform extensive market analysis and has partnered with and 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 describe what copyrighting is however if you need to know more about that then go check out my video which i’ll position a link to up here and in the description below firstly i would state the main pros of copy portfolios are that they benefit novices who want a more hands-off approach in regards to the market copy portfolios i would say they are fantastic if you want direct exposure to a specific market where you believe the industry will succeed as a whole for instance you might want exposure to great deals of renewable energy companies or driverless vehicles business due to the fact that as a newbie you might not know much about specific stocks to select it will also save you time as looking into great deals of specific stocks can be extremely time taking in so letting do this on your behalf is excellent this is also real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for example as a beginner you might not know what makes up a good trader to copy if you want to know how i personally discover individuals to copy on then go have 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 provide you exposure to great deals of traders that are selected by algorithmically this is terrific for diversification 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 variety of them in case one of them does not do well and on the odd celebration this does happen i learnt this through copying a trader when beginning so i was copying this person and at the start he was doing well then he simply started to believe the market would crash so he began shorting lots of stocks and it never ever did and it just kept increasing and after that he still kept saying that the marketplace was going to crash and it never ever did so i lost a fair bit of cash so this is also a caution that your capital Ilika Shares Etoro
Why is eToro thought about to be bad?
Definitely at risk ultimately 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 happy about however i looked 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 past performance is not indicted for future outcomes i have made some of my biggest revenues in copy portfolios for example i have actually been purchased the in the game copy portfolio considering 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 outrageous 210 earnings likewise last year i invested in the big tech copy portfolio in january 2020 and now 16 months later this has made a massive 47.08 revenue 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 crazy development i’m getting here on but like i said past performance is not a sign of future outcomes so undoubtedly 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 individual positions within a copy portfolio
Is eToro really totally free as they say?
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 purchased or state for instance you wished to close one position to take profits you would need to close the investment entirely so that’s something to keep in mind if you’re the sort of person who creams the top of the earnings off of an investment so then perhaps you must invest straight into stocks or traders that you would wish to copy instead of 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 quite 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 potentially look at some of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and then 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 negative of copy portfolios and i could not discover this out for guaranteed however 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 wants 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 does not indicate 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 wouldn’t close and respond out a position if there was a crash in the market whereas a genuine individual could respond to the marketplace and close out positions and potentially buy back in at a lower entry point this may deserve 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 buy copy portfolios this is my virtual account as i said prior to service and after that from here you have actually 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 deal and there’s loads of different ones in here with lots 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 insane outcomes of 935 area for two in the last 12 months that’s mad so it’s a really comparable layout to a regular asset on with the feed upon the first page the description on the right here will generally outline what the copy portfolio’s method is and the minimum financial investment quantity this must likewise outline how often 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’ve just discovered here the description on the very first page does not always match the description on the second page so to discover 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 financial investment committee discretion consisting of new listings or de-listing based on the terms pointed out above and the minimum investment
amount is 1000 us dollars so as you can see here on the right hand side we have actually got the property allowance now you truly need 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 invested in among these crypto copy portfolios a very long time ago when i was beginning 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 rookie well one of 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 got better up uh since they are so unpredictable so not only did i lose a great deal of money and i wasn’t able to redeem ins because the price had bounced up but i also can’t bear to believe more that would deserve now today it’s just uh i missed i missed out on that one but it’s lesson to discover and in some cases the best lessons in trading are sadly discovered the hard way you will not forget them when you make a horrible error like that so moving on 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 discover there’s some stars beside the numbers
and this implies as it says here the stars are based on back checked outcomes then you’ve got a typical risk score here on the left hand side and also you can see the number of financiers in this copy portfolio and after that down at the bottom we have actually got some nice graphs for net direct exposure and allowance then if you click on the portfolio here you can see the current holdings in the portfolio and you have actually got some great charts here which just show the different allowance however if you really wish to see the actual 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 actually liquidated of so if we set that to maybe one year you can see the historical trades this copy portfolio has actually closed out of then on the last tab we have a chart showing the performance of this copy portfolio gradually so to purchase this you just click the big button on the top right that says invest and then you can set a quantity 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 a maximum on the stop loss here so if i press the invest here and now it began investing in copy portfolio now this copy portfolio did open immediately due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Ilika Shares Etoro
so if you were to actually invest in a copy portfolio that invested in 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 investment you can pause the investment you can adjust the stop loss or you can close the financial investment now if you want to increase the investment something i have discovered when taking a look at a lot of these is that the minimum quantity you can add to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the 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 add minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has actually been valuable to you if you are thinking about buying 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 understand in the remarks let us know if you purchase copy portfolios and if so which ones or
which ones do you believe could be a great financial investment i ‘d enjoy to understand and i checked out all your remarks if you found this video helpful in any way then i ‘d actually value an early thumbs up as it truly assists support the channel likewise for those of you thinking about registering to and haven’t already then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it does not cost you anything additional however it truly helps support this channel so why not give a go before transferring any genuine money as they will give you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any real cash also if you wish to discover more about how works or more about personal financing and investing then i have numerous videos on my channel so i advise you check them out so please subscribe and push 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 catch you in the next one Ilika Shares Etoro