When discussing the platform….this always comes up Is Etoro Available In Nigeria…Ideally you will choose something up along the way so what are copy portfolios so generally they are a basket of traders or possessions selected by based on a chosen style kind of like a tiny etf in some aspects copy portfolios are terrific for diversity and are designed to decrease long-lasting danger and benefit from current market chances each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading strategy upon which it is based normally they are viewed as a medium to long-term investment car but you can stop your investment at any point at the current market rates as long as the markets are open copy portfolios are excellent for beginners who want a hands-off technique and if you look at’s site they in fact claim that they aim to offer up to double-digit annual returns while mitigating the risk connected with the investment now keep in mind previous performance isn’t a sign of future results however that is what they intend 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 private properties in a diversified portfolio go up and down where they drift away from their target weights for instance over the long term stocks usually increase faster than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the property allocation ratio and preserve the copy portfolio technique different copy portfolios rebalance at different times to others so basically you need to take a look at each one individually to discover the rebalancing period as soon as you purchase a copy portfolio your capital is professionally handled by’s investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced instantly periodically to maximize its gain potential so to start with there are three types now like i said i’m not going to examine each one but possibly i’ll do that in another video so let me understand if this is something you want 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 products or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market sector as it states here they are developed around a concept efficiency metric or an algorithm that chooses its leading performing assets and then next we’ve got the top trader copy portfolios leading traders invest in a group of traders these compromise the very best performing traders on according to a predefined technique the traders within are selected by’s investment committee and algorithmically searching for specific trading qualities that are optimized for profit then lastly we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that conduct comprehensive market analysis and has actually partnered with and once again have a style so let’s talk about a few of the pros and cons 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 put a link to up here and in the description below to start with i would say the main pros of copy portfolios are that they are good for newbies who desire a more hands-off approach in regards to the marketplace copy portfolios i would state they are terrific if you desire exposure to a specific market where you think the market will do well as a whole for instance you might desire direct exposure to lots of renewable energy business or driverless cars companies because as a beginner you might not know much about private stocks to pick it will also conserve you time as looking into great deals of private stocks can be very time consuming so letting do this in your place is great this is also 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 check out my video which i’ll put a link to up here and in the description below choosing a trader based copy portfolio can give 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 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 celebration this does take place i learnt this through copying a trader when starting out so i was copying this guy and at the start he was succeeding then he simply began to believe the marketplace would crash so he started shorting lots of stocks and it never did and it just kept increasing and after that he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of money so this is also a warning that your capital Is Etoro Available In Nigeria
Why is eToro considered to be bad?
Certainly at risk eventually 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 pleased about but i looked at that trader further 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 further down the line so while previous performance is not indicted for future outcomes i have actually made some of my greatest revenues in copy portfolios for instance i have actually been bought 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 just under 4 years i have actually made an insane 210 revenue likewise in 2015 i bought the huge tech copy portfolio in january 2020 and now 16 months later on this has made a tremendous 47.08 earnings which remains 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 outrageous growth i’m getting here on but like i stated previous efficiency is not a sign of future outcomes so clearly there are some minor 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 really free as they state?
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 say for instance you wished to close one position to take revenues you would require to close the financial investment totally so that’s something to remember if you’re the type of individual who creams the top of the profits off of a financial investment so then perhaps you should invest directly into stocks or traders that you would want to copy rather than in a copy portfolio also while a few of the copy portfolios have an entry point that starts at 1 000 us dollars the entry level on some of these is quite high all the trader based copy portfolios need at least 5 thousand us dollars and five thousand us dollars could be a lot so your option is to potentially take a look at a few of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and then buy 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 discover this out for certain 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 wishes 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 say for instance if you’re copying a market copy portfolio it wouldn’t respond 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 redeem in at a lower entry point this may deserve thinking about when picking a market copy portfolio so to buy 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 invest in copy portfolios this is my virtual account as i said prior to service and after that from here you have actually got the three 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 various ones in here with lots of various styles so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its absolute ridiculous outcomes of 935 area for two in the last 12 months that’s mad so it’s a very similar design to a normal possession on with the feed on the first page the description on the right here will generally outline what the copy portfolio’s approach is and the minimum financial investment amount this should likewise lay out 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 have actually simply seen here the description on the first page does not constantly match the description on the second page so to discover the rebalancing if you go on here i’ve just found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion including 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 side we have actually got the property allowance now you really require to bear in mind of this as i learned this the hard way and by this i may discover this in two methods so i in fact purchased one of 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 struck the stop loss and cashed out my position and then as cryptos do it got better up uh due to the fact that they are so unstable so not only did i lose a lot of money and i wasn’t able to redeem ins because the price had actually bounced up however i likewise can’t bear to believe more that would be worth now today it’s simply uh i missed out on i missed out on that one however it’s lesson to learn and in some cases the very best lessons in trading are unfortunately learnt the hard way you won’t forget them when you make an awful error like that so proceeding from that if we scroll even more down we have the historical stats of the copy portfolio if it’s a newish copy portfolio then you’ll see there’s some stars next to the numbers
and this means as it states here the stars are based on back evaluated outcomes then you’ve got an average risk score here on the left hand side and likewise you can see the variety of investors in this copy portfolio and after that down at the bottom we’ve got some great charts for net direct exposure and allowance then if you click the portfolio here you can see the present holdings in the portfolio and you have actually got some nice charts here which simply reveal the different allotment however if you in fact want to see the actual holdings you can see the present holdings in there in the portfolio and their current revenue and loss here um and if you change this bit here you can see the historical trades this copy portfolio has liquidated of so if we set that to maybe one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the efficiency of this copy portfolio in time so to invest in this you just click the huge button on the leading 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 a maximum 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 quickly due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Is Etoro Available In Nigeria
If you were to really invest in a copy portfolio that invested in stocks then it would not in fact open those positions till 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 financial investment you can change the stop loss or you can close the investment now if you desire to increase the 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 don’t understand if that’s the exact same for all of them however i looked at a handful and they did all seem to say it was a thousand that you might include minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has been practical to you if you are considering investing in a copy portfolio then please do your own due diligence initially if you’ve got any concerns 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 financial investment i ‘d love to know and i read all your comments if you found this video useful in any way then i ‘d actually appreciate an early thumbs up as it actually helps support the channel likewise for those of you interested in 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 does not cost you anything extra but it really assists support this channel so why not give a go prior to depositing any real cash 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 money also if you want to discover more about how works or more about individual finance and investing then i have numerous videos on my channel so i advise 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 Etoro Available In Nigeria