When discussing the platform….this always comes up Practice Bitcoin Trading…Hopefully you will select something up along the way so what are copy portfolios so generally they are a basket of possessions or traders selected by based upon a chosen theme type of like a tiny etf in some respects copy portfolios are terrific for diversity and are developed to decrease long-term threat and benefit from existing market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading technique upon which it is based usually they are viewed as a medium to long-lasting investment car however you can stop your financial investment at any point at the existing market rates as long as the markets are open copy portfolios are excellent for novices who desire a hands-off technique and if you look at’s site they actually declare that they intend to provide to double-digit yearly returns while reducing the risk connected with the financial investment now remember past performance isn’t indicative 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 fees although real expertly handled funds are most likely to be adjusted everyday or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially gradually the value of individual properties in a diversified portfolio go up and down whereby they drift away from their target weights for example over the long term stocks usually rise much faster than etfs so the stock portion of your portfolio will increase relative to the etf portion the rebalancing system closes and opens positions periodically to keep the possession allotment ratio and preserve the copy portfolio method various copy portfolios rebalance at various times to others so basically you require to look at every one individually to learn the rebalancing duration once you buy a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s performance is analyzed in depth and rebalanced instantly regularly to optimize its gain potential so to start with there are three types now like i said i’m not going to evaluate every 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a mix of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a particular market segment as it says here they are built around a concept performance metric or an algorithm that chooses its top carrying out assets and then next we’ve got the top trader copy portfolios leading traders invest in a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically looking for specific trading qualities that are optimized for profit then lastly we have actually got a partner copy portfolios these are portfolios developed by 3rd parties that carry out thorough market analysis and has partnered with and again have a style so let’s go over some of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to describe what copyrighting is but if you wish to know more about that then go take a look at my video which i’ll put a link to up here and in the description below firstly i would say the main pros of copy portfolios are that they benefit novices who want a more hands-off technique in regards to the market copy portfolios i would say they are fantastic if you want exposure to a specific industry where you believe the industry will succeed as a whole for instance you might want exposure to great deals of renewable energy business or driverless cars business since as a beginner you may not know much about specific stocks to pick it will also save you time as researching great deals of individual stocks can be very time consuming so letting do this in your place is fantastic this is likewise real for the other two copy portfolio
Can you make money on the trading platform?
types for example as a beginner you may not know what makes up an excellent trader to copy if you need to know how i personally find people 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 picking a trader based copy portfolio can provide you exposure to great deals of traders that are picked by algorithmically this is fantastic 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 number of them in case one of them doesn’t do well and on the odd celebration this does take place i learnt this through copying a trader when beginning so i was copying this person 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 simply kept increasing and after that 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 Practice Bitcoin Trading
Why is eToro considered to be bad?
Absolutely 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 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 even more down the line so while past performance is not arraigned for future outcomes i have actually made some of my biggest earnings in copy portfolios for example 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 simply under 4 years i have made a ridiculous 210 revenue likewise last year i bought the big tech copy portfolio in january 2020 and now 16 months later this has 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 insane growth i’m getting here on but like i stated past efficiency is not a sign of future outcomes so certainly there are some small negatives to copy portfolios first of all it is not possible to get rid of a part of the financial investment it’s also not possible to close private 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 specific company or person that the copy portfolio had purchased or say for instance you wished to close one position to take earnings you would need to close the financial investment totally so that’s something to remember if you’re the sort of person who creams the top of the earnings off of an investment so then potentially you should invest straight into stocks or traders that you would wish 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 a few of these is quite high all the trader based copy portfolios require at least 5 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 purchase them by hand 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 could not discover this out for definite however my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if someone from etora sees this video and wishes to validate this with me then please feel free to get in contact and after that i’ll put it as the pin comment listed below now this does not suggest you can’t personally set a stop loss on the copy portfolio yourself but state for instance if you’re copying a market copy portfolio it would not close and respond out a position if there was a crash in the market whereas a real person could respond to the marketplace and liquidate positions and potentially redeem in at a lower entry point this might be worth considering when selecting 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 before service and after that from here you’ve got the 3 types of copy portfolios that we were talking 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 different ones in here with great deals of different styles so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its absolute insane results of 935 area for 2 in the last 12 months that’s mad so it’s a really comparable layout to a normal property on with the feed upon the first page the description on the right here will normally detail what the copy portfolio’s method is and the minimum financial investment quantity this need to likewise outline how frequently 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 just noticed here the description on the first page doesn’t always match the description on the second page so to learn the rebalancing if you go on here i’ve just discovered that by searching 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 pointed out above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the asset allotment now you truly need to bear in mind of this as i discovered this the hard way and by this i may discover this in 2 ways so i actually bought one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t examine the weightings and i presume they were all equal yes i understand i was an enormous noob and a novice well one of these cryptos was more heavily 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 recovered up uh because they are so unstable so not only did i lose a great deal of cash and i wasn’t able to buy back ins due to the fact that the price had actually bounced up but i likewise 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 learn and sometimes the best lessons in trading are regrettably found out the hard way you will not forget them when you make a terrible 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 see there’s some stars next to the numbers
and this suggests as it states here the stars are based upon back tested results then you’ve got an average threat score here on the left hand side and also you can see the number of investors in this copy portfolio and after that down at the bottom we’ve got some good charts for net direct exposure and allocation then if you click the portfolio here you can see the present holdings in the portfolio and you have actually got some nice graphs here which simply show the different allowance however if you really wish to see the real holdings you can see the current holdings in there in the portfolio and their existing revenue 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 maybe one year you can see the historic trades this copy portfolio has actually liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio in time so to invest in this you simply click the huge button on the top right that states 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 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 investing in copy portfolio now this copy portfolio did open immediately because it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Practice Bitcoin Trading
If you were to actually invest in a copy portfolio that invested in stocks then it would not actually 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 adjust the stop loss or you can close the investment now if you desire to increase the investment one thing i have seen when looking at a bunch of these is that the minimum quantity you can include to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the exact same for all of them but i looked at a handful and they did all seem to say it was a thousand that you might add minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has actually been handy 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 understand if you invest in copy portfolios and if so which ones or
which ones do you think could be a great financial investment i ‘d like to know and i checked out all your remarks if you discovered this video practical in any way then i ‘d actually value an early thumbs up as it really assists support the channel also for those of you thinking about registering 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 but it really assists support this channel so why not give a go before transferring any real money as they will offer 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 also if you want to learn 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 subscribe and push the bell 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 catch you in the next one Practice Bitcoin Trading