When discussing the platform….this always comes up Quickfingers Luc Trade Platform…Hopefully you will pick something up along the way so what are copy portfolios so generally they are a basket of properties or traders selected by based upon a picked style kind of like a small etf in some aspects copy portfolios are fantastic for diversification and are developed to reduce long-lasting risk and benefit from current market opportunities 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-term investment automobile however you can stop your financial investment at any point at the present market rates as long as the markets are open copy portfolios are terrific for newbies who desire a hands-off approach and if you take a look at’s site they in fact declare that they intend to provide to double-digit yearly returns while alleviating the danger associated with the financial investment now remember previous efficiency isn’t indicative of future results however that is what they intend to do so copy portfolios are kind of like an etf
A handled portfolio without the costs although actual professionally managed funds are most likely to be adjusted daily or on much shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing essentially in time the value of individual possessions in a varied portfolio move up and down whereby they drift away from their target weights for example over the long term stocks usually rise faster than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions regularly to keep the property allowance ratio and keep the copy portfolio strategy different copy portfolios rebalance at various times to others so essentially you require to look at every one separately to learn the rebalancing duration once you buy a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is examined in depth and rebalanced instantly occasionally to optimize its gain capacity so first of all there are three types now like i stated i’m not going to review every one however possibly i’ll do that in another video so let me understand if this is something you wish 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 invest in a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a particular market section as it states here they are built around a concept efficiency metric or an algorithm that selects its leading carrying out properties and then next we have actually got the leading trader copy portfolios leading traders buy a group of traders these compromise the very best carrying out traders on according to a predefined method the traders within are picked by’s investment committee and algorithmically searching for particular trading qualities that are enhanced for profit then lastly we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that conduct comprehensive market analysis and has partnered with and once again have a style so let’s discuss a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to describe what copyrighting is however if you need 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 firstly i would state the main pros of copy portfolios are that they benefit beginners who want a more hands-off method in regards to the marketplace copy portfolios i would state they are terrific if you desire direct exposure to a particular market where you think the market will succeed as a whole for instance you might desire exposure to lots of renewable energy business or driverless vehicles business since as a newbie you might not know much about specific stocks to pick it will likewise conserve you time as looking into lots of individual stocks can be really time consuming so letting do this on your behalf is great this is likewise true for the other 2 copy portfolio
Can you earn money on the trading platform?
types for instance as a newbie you may not know what makes up an excellent trader to copy if you wish to know how i personally find people to copy on then go check out my video which i’ll put a link to up here and in the description listed below selecting a trader based copy portfolio can offer you direct exposure to great deals of traders that are selected by algorithmically this is terrific for diversity if you’re brand-new to i personally would not invest all my cash in one trader and would try to spread it out over a variety of them in case among them does not do well and on the odd event this does occur 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 great deals of stocks and it never did and it just kept going up and then he still kept saying that the marketplace was going to crash and it never did so i lost a fair bit of money so this is likewise a caution that your capital Quickfingers Luc Trade Platform
Why is eToro thought about to be bad?
Definitely at risk ultimately i had to cut my losses with this trader and i think i ended up losing over a thousand dollars in the end which i was not pleased about but i took a look at that trader even more down the line and he continued to lose more cash 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 made some of my biggest revenues in copy portfolios for instance i have actually been invested in 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 4 years i have actually made an outrageous 210 earnings likewise in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has actually made a tremendous 47.08 revenue 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 but like i said previous performance is not indicative of future outcomes so obviously there are some small negatives to copy portfolios firstly it is not possible to remove a part of the investment it’s likewise not possible to close private positions within a copy portfolio
Is eToro truly totally free as they say?
so this is my virtual account here so say for example you didn’t like a particular company or person that the copy portfolio had purchased or say for example you wanted to close one position to take profits you would require to close the financial investment entirely so that’s something to bear in mind if you’re the type of person 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 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 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 alternative is to potentially look at a few of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and after that invest in them by hand yourself
obviously 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 individual positions if someone from etora sees this video and would like to validate this with me then please feel free to get in contact and then i’ll put it as the pin remark listed below now this doesn’t mean you can’t personally set a stop loss on the copy portfolio yourself but say for example if you’re copying a market copy portfolio it would not 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 potentially redeem in at a lower entry point this may deserve thinking about when choosing a market copy portfolio so to purchase copy portfolios
Why do you require 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 after that from here you’ve got the three types of copy portfolios that we were talking about previously 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 various styles so it’s worth having a browse so state let’s just click this crypto copy portfolio here that with its absolute ridiculous outcomes of 935 spot for 2 in the last 12 months that’s mad so it’s an extremely comparable layout to a normal possession on with the eat the very first page the description on the right here will generally detail what the copy portfolio’s approach is and the minimum investment quantity this must also describe 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 discovered here the description on the very first page doesn’t always match the description on the second page so to learn the rebalancing if you go on here i’ve simply discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion including brand-new listings or de-listing based upon the terms discussed above and the minimum investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the asset allowance now you really require to take note of this as i learned this the hard way and by this i might discover this in 2 ways so i actually bought among these crypto copy portfolios a very long 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 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 recuperated up uh due to the fact that they are so unpredictable so not just did i lose a great deal of money and i wasn’t able to buy back ins since the price had bounced up however i also can’t bear to believe more that would be worth now today it’s simply uh i missed i lost out on that one but it’s lesson to discover and sometimes the very best lessons in trading are unfortunately discovered the hard way you will not forget them when you make a terrible error like that so moving on 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 suggests as it says here the stars are based upon back tested outcomes then you’ve got an average danger 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 nice charts for net direct exposure and allocation then if you click the portfolio here you can see the current holdings in the portfolio and you’ve got some great charts here which just show the various allowance but if you really wish to see the actual holdings you can see the present 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 historic trades this copy portfolio has actually liquidated of so if we set that to possibly 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 gradually so to invest in this you simply click the big button on the top right that says invest and then you can set an amount here that you want 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 since it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Quickfingers Luc Trade Platform
so if you were to really invest in a copy portfolio that purchased 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 financial investment you can stop briefly the financial investment you can change the stop loss or you can close the investment now if you want to increase the financial investment something i have actually seen when looking at a bunch of these is that the minimum amount you can add 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 absolutely to bear in mind when opening your copy portfolio position so i hope this video has been useful to you if you are thinking about purchasing a copy portfolio then please do your own due diligence initially if you have actually got any questions 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 good investment i ‘d love to know and i checked out all your remarks if you discovered this video valuable in any way then i ‘d actually appreciate an early thumbs up as it really assists support the channel also for those of you interested in 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 however it actually assists support this channel so why not give a go prior to transferring any real money as they will offer you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any real money likewise if you want to learn more about how works or more about personal finance and investing then i have numerous videos on my channel so i recommend you check them out so please subscribe and press the bell icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for viewing and i’ll capture you in the next one Quickfingers Luc Trade Platform