When discussing the platform….this always comes up Is Bitcoin Trading Haram…Ideally you will pick something up along the way so what are copy portfolios so generally they are a basket of traders or properties selected by based upon a picked theme type of like a small etf in some aspects copy portfolios are fantastic for diversity and are designed to decrease long-term threat and benefit from existing market chances each copy portfolio is regularly 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 car but you can stop your investment at any point at the current market rates as long as the marketplaces are open copy portfolios are fantastic for novices who want a hands-off technique and if you look at’s site they really claim that they intend to provide to double-digit annual returns while alleviating the danger connected with the financial investment now bear in mind previous efficiency isn’t indicative of future results 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 professionally handled funds are likely to be adjusted day-to-day or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing basically over time the worth of individual properties in a diversified portfolio go up and down where they drift away from their target weights for example over the long term stocks typically increase faster than etfs so the stock part of your portfolio will go up relative to the etf part the rebalancing system closes and opens positions regularly to keep the property allocation ratio and maintain the copy portfolio technique various copy portfolios rebalance at various times to others so basically you need to take a look at every one individually to learn the rebalancing duration as soon as you purchase a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s performance is analyzed in depth and rebalanced automatically periodically to optimize its gain potential so first of all there are three 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 want 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 buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market segment as it states here they are constructed around a concept performance metric or an algorithm that picks its top carrying out possessions and then next we have actually got the top trader copy portfolios top traders invest in a group of traders these compromise the very best performing traders on according to a predefined method the traders within are selected by’s financial investment committee and algorithmically trying to find particular trading qualities that are enhanced for profit then finally we’ve got a partner copy portfolios these are portfolios created by 3rd parties that perform extensive market analysis and has partnered with and again have a theme so let’s discuss a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to explain what copyrighting is but 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 below first of all i would say the primary pros of copy portfolios are that they are good for newbies who want a more hands-off approach in regards to the market copy portfolios i would say they are great if you want direct exposure to a particular industry where you believe the industry will do well as a whole for example you might desire exposure to lots of renewable energy companies or driverless cars companies due to the fact that as a beginner you may not know much about private stocks to pick it will likewise conserve you time as investigating lots of private stocks can be really time consuming so letting do this in your place is great this is likewise real for the other two copy portfolio
Can you make money on the trading platform?
types for example as a novice you might not know what constitutes an excellent trader to copy if you would like to know how i personally discover individuals to copy on then go check out my video which i’ll put a link to up here and in the description listed below picking a trader based copy portfolio can offer you direct exposure to lots of traders that are selected by algorithmically this is great for diversification if you’re brand-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 do well and on the odd celebration this does occur i learnt this through copying a trader when starting out so i was copying this person and at the start he was doing well then he simply started to think the marketplace would crash so he started shorting lots of stocks and it never did and it just kept going up and then he still kept saying that the market was going to crash and it never ever did so i lost a fair bit of cash so this is likewise a warning that your capital Is Bitcoin Trading Haram
Why is eToro considered to be bad?
Absolutely at risk ultimately i needed 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 happy 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 even more down the line so while past performance is not arraigned for future results i have made a few of my most significant earnings in copy portfolios for instance i have actually 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 four years i have made a ridiculous 210 earnings also last year i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 profit and that 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 crazy growth i’m getting here on however like i said past efficiency is not a sign of future results so undoubtedly there are some minor negatives to copy portfolios first of all it is not possible to remove a part of the financial investment it’s also not possible to close specific positions within a copy portfolio
Is eToro actually free as they say?
so this is my virtual account here so say for example you didn’t like a particular business or individual that the copy portfolio had actually bought or state for example you wished to close one position to take earnings you would need to close the investment completely so that’s something to keep in mind if you’re the kind of person who creams the top of the earnings off of an investment so then potentially you ought to invest directly into stocks or traders that you would want to copy instead of in a copy portfolio likewise while a few of the copy portfolios have an entry point that begins at 1 000 us dollars the entry level on a few of these is rather high all the trader based copy portfolios require a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your option is to possibly look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them manually yourself
obviously 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 guaranteed 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 wants to verify this with me then please feel free to get in contact and then i’ll put it as the pin remark below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself however say for example if you’re copying a market copy portfolio it wouldn’t react and close out a position if there was a crash in the market whereas a real individual could react to the market and liquidate positions and potentially redeem in at a lower entry point this might be worth thinking about when choosing a market copy portfolio so to purchase 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 said before service and then from here you have actually got the three 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 various ones in here with lots of different styles so it deserves having a browse so state let’s simply click this crypto copy portfolio here that with its absolute insane outcomes of 935 area for two in the last 12 months that seethes so it’s a very comparable layout to a typical possession on with the feed upon the first page the description on the right here will typically outline what the copy portfolio’s method is and the minimum financial investment amount this ought to also outline how frequently 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 have actually just seen here the description on the very first page doesn’t always match the description on the 2nd page so to find out the rebalancing if you go on here i’ve simply found 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 brand-new listings or de-listing based on the terms pointed out above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we have actually got the possession allocation now you actually require to bear in mind of this as i discovered this the hard way and by this i may learn this in two methods so i really purchased one of these crypto copy portfolios a long time ago when i was beginning on and i didn’t examine the weightings and i presume they were all equivalent yes i know i was an enormous 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 bounced back up uh since they are so unstable so not just did i lose a lot of money and i wasn’t able to redeem ins due to the fact that the cost had actually bounced up but i also can’t bear to think more that would be worth now today it’s simply uh i missed i lost out on that one but it’s lesson to learn and sometimes the best lessons in trading are unfortunately learnt the hard way you won’t forget them when you make a horrible mistake like that so proceeding from that if we scroll even more down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll observe there’s some stars next to the numbers
and this indicates as it states here the stars are based on back tested results then you have actually got an average threat 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 exposure and allowance then if you click the portfolio here you can see the present holdings in the portfolio and you’ve got some good charts 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 existing earnings 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 perhaps one year you can see the historic trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the performance of this copy portfolio over time so to buy this you simply click the big button on the top right that states invest and after that you can set a quantity here that you wish to put in then you can set a stop loss 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 a maximum on the stop loss here so if i press the invest here and now it started investing in copy portfolio now this copy portfolio did open quickly 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 Is Bitcoin Trading Haram
If you were to actually 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 adjust the stop loss or you can close the financial investment now if you want to increase the investment one thing i have actually observed when looking 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 don’t know if that’s the same for all of them but i looked at a handful and they did all seem 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 actually been handy 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 concerns 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 great financial investment i ‘d love to know and i checked out all your comments if you found this video useful in any way then i ‘d actually appreciate an early thumbs up as it really assists support the channel also for those of you thinking about signing up to and haven’t already 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 but it truly helps support this channel so why not give a go prior to depositing any genuine money as they will provide 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 money also if you want to find out more about how works or more about individual finance and investing then i have various videos on my channel so i recommend you check them out so please press the bell and subscribe icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for watching and i’ll capture you in the next one Is Bitcoin Trading Haram