When discussing the platform….this always comes up Patrick Tan Compton Hughes A Cryptocurrency Quant Trading Firm…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of properties or traders picked by based upon a chosen theme type of like a mini etf in some respects copy portfolios are terrific for diversity and are developed to minimize long-lasting risk and take advantage of present 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 normally they are seen as a medium to long-term financial investment lorry however you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are great for beginners who want a hands-off technique and if you look at’s website they in fact declare that they intend to provide to double-digit annual returns while mitigating the threat related to the investment now remember previous performance isn’t indicative of future results however that is what they intend to do so copy portfolios are sort of like an etf
A managed portfolio without the costs although actual expertly managed funds are most likely to be changed everyday or on shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing generally gradually the worth of individual properties in a varied portfolio go up and down where 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 increase relative to the etf portion the rebalancing system closes and opens positions regularly to keep the property allocation ratio and maintain the copy portfolio method various copy portfolios rebalance at various times to others so generally you require to take a look at every one separately to discover the rebalancing period once you buy a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced instantly regularly to maximize its gain capacity so firstly there are three types now like i stated i’m not going to evaluate every one however 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 invest in a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market strategy or focusing on a particular market segment as it says here they are developed around an idea efficiency metric or an algorithm that chooses its top performing assets and after that next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the best performing traders on according to a predefined strategy the traders within are picked by’s investment committee and algorithmically looking for particular trading characteristics that are optimized for profit then lastly we have actually got a partner copy portfolios these are portfolios developed by third parties that carry out thorough market analysis and has partnered with and once again have a theme so let’s talk about a few of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to describe what copyrighting is but if you want 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 first of all i would state the main pros of copy portfolios are that they benefit beginners who want a more hands-off technique in regards to the market copy portfolios i would say they are great if you want exposure to a specific industry where you think the market will do well as a whole for instance you may want exposure to great deals of renewable resource business or driverless cars and trucks companies because as a beginner you may not know much about private stocks to pick it will also conserve you time as looking into great deals of specific stocks can be very time consuming so letting do this on your behalf is great this is also true for the other 2 copy portfolio
Can you generate income on the trading platform?
types for instance as a beginner you might not know what constitutes a great trader to copy if you want 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 below picking a trader based copy portfolio can give you direct exposure to lots of traders that are selected by algorithmically this is great for diversity 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 among them doesn’t 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 guy and at the start he was succeeding then he just started to think the marketplace would crash so he started shorting great deals 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 ever did so i lost a fair bit of money so this is also a caution that your capital Patrick Tan Compton Hughes A Cryptocurrency Quant Trading Firm
Why is eToro thought about to be bad?
Absolutely at risk ultimately i needed 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 6 months even more down the line so while previous performance is not indicted for future results i have actually made a few of my biggest revenues in copy portfolios for instance i’ve been bought the in the video game copy portfolio since 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 a crazy 210 earnings also last year i bought the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a tremendous 47.08 profit which 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 today that’s that’s some insane development i’m getting here on but like i said previous performance is not indicative of future results so certainly there are some small negatives to copy portfolios firstly it is not possible to get rid of a part of the financial investment it’s also not possible to close individual positions within a copy portfolio
Is eToro actually complimentary as they say?
This is my virtual account here so state for example you didn’t like a particular company or person that the copy portfolio had actually invested in or state for example you desired to close one position to take profits you would require 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 earnings off of an investment so then perhaps you must 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 require at least five thousand us dollars and 5 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
obviously 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 couldn’t discover this out for definite however my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if somebody from etora sees this video and would like to confirm this with me then please feel free to get in contact and then i’ll put it as the pin comment listed below now this doesn’t suggest you can’t personally set a stop loss on the copy portfolio yourself however state for example if you’re copying a market copy portfolio it would not close and react out a position if there was a crash in the market whereas a genuine person could respond to the marketplace and close out positions and possibly buy back in at a lower entry point this might be worth considering when choosing a market copy portfolio so to purchase copy portfolios
Why do you require 25k to day trade?
you would first of all 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’ve got the 3 types of copy portfolios that we were speaking about before and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of various ones in here with great deals of different themes so it deserves having a browse so say let’s simply click on this crypto copy portfolio here that with its outright ridiculous outcomes of 935 area for 2 in the last 12 months that’s mad so it’s a very comparable layout to a regular asset on with the feed upon the first page the description on the right here will normally describe what the copy portfolio’s method is and the minimum investment quantity this must also detail how often it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment quantity is 1 000 us dollars so as i’ve simply seen here the description on the very first page does not constantly match the description on the 2nd page so to discover 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 including brand-new listings or de-listing based on the terms mentioned above and the minimum investment
amount is 1000 us dollars so as you can see here on the right hand side we’ve got the possession allocation now you actually 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 in fact bought one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t check the weightings and i presume they were all equal yes i know i was an enormous noob and a novice well among these cryptos was more heavily weighted than the others and that one tanked whereas the others didn’t it then struck the stop loss and squandered my position and after that as cryptos do it recuperated up uh since they are so unstable so not only did i lose a great deal of cash and i wasn’t able to buy back ins because the rate had bounced up but i likewise can’t bear to think 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 discover and often 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 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 notice there’s some stars beside the numbers
and this means as it says here the stars are based on back tested outcomes 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 good graphs for net exposure and allocation then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some nice graphs here which simply show the different allocation but if you really wish to see the actual holdings you can see the existing holdings in there in the portfolio and their existing revenue and loss here um and if you change this bit here you can see the historical trades this copy portfolio has closed out 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 showing the performance of this copy portfolio over time so to buy this you simply click the big button on the leading right that says invest and after that 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 buying copy portfolio now this copy portfolio did open immediately since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Patrick Tan Compton Hughes A Cryptocurrency Quant Trading Firm
so if you were to really invest in a copy portfolio that purchased stocks then it would not in fact open those positions up until 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 investment you can pause the investment you can adjust the stop loss or you can close the investment now if you wish to increase the investment something i have noticed 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 but i took a look at a handful and they did all seem to state it was a thousand that you might add minimum so that’s something certainly to keep in mind when opening your copy portfolio position so i hope this video has actually been helpful to you if you are considering 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 understand if you purchase copy portfolios and if so which ones or
which ones do you think could be a great investment i ‘d love to know and i checked out all your remarks if you discovered this video practical in any way then i ‘d really value an early thumbs up as it truly helps support the channel also for those of you interested in signing up to and have not 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 doesn’t cost you anything additional however it truly assists support this channel so why not give a go prior to depositing any genuine money 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 cash likewise if you wish to learn more about how works or more about personal finance and investing then i have various videos on my channel so i recommend you check them out so please push 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 capture you in the next one Patrick Tan Compton Hughes A Cryptocurrency Quant Trading Firm