When discussing the platform….this always comes up Gemini Vs Etoro Vs Bittrex…Hopefully you will pick something up along the way so what are copy portfolios so generally they are a basket of traders or assets selected by based upon a picked style kind of like a mini etf in some aspects copy portfolios are fantastic for diversity and are created to reduce long-term risk and take advantage of current market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading method upon which it is based usually they are viewed as a medium to long-term investment car but you can stop your financial investment at any point at the current market rates as long as the marketplaces are open copy portfolios are terrific for beginners who desire a hands-off approach and if you look at’s site they actually declare that they intend to provide to double-digit annual returns while alleviating the danger connected with the financial investment now bear in mind past efficiency isn’t a sign of future outcomes but that is what they aim to do so copy portfolios are sort of like an etf
A handled portfolio without the costs although real expertly managed funds are likely to be changed day-to-day or on much shorter intervals whereas these are re-balanced at longer periods so what is rebalancing basically over time the value of private assets 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 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 occasionally to keep the asset allocation ratio and keep the copy portfolio technique different copy portfolios rebalance at various times to others so essentially you require to take a look at every one individually to find out the rebalancing period once you purchase a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s efficiency is analyzed in depth and rebalanced automatically periodically to maximize its gain potential so first of all there are three types now like i said i’m not going to review each one but perhaps i’ll do that in another video so let me know 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 buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market strategy or focusing on a particular market section as it says here they are constructed around a concept efficiency metric or an algorithm that selects its top performing possessions and after that next we’ve got the leading trader copy portfolios top traders buy a group of traders these compromise the very best performing traders on according to a predefined strategy the traders within are picked by’s investment committee and algorithmically looking for particular trading attributes that are enhanced for profit then last but not least we have actually got a partner copy portfolios these are portfolios created by third parties that carry out extensive market analysis and has partnered with and again have a theme so let’s discuss some of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you need to know more about that then go take a look at my video which i’ll place a link to up here and in the description listed below first of all i would state the primary pros of copy portfolios are that they are good for beginners who desire a more hands-off approach in regards to the marketplace copy portfolios i would state they are fantastic if you want direct exposure to a particular market where you think the industry will do well as a whole for instance you may want direct exposure to lots of renewable energy companies or driverless cars and trucks companies due to the fact that as a newbie you might not know much about private stocks to select it will likewise conserve you time as researching great deals of private stocks can be very time taking in so letting do this on your behalf is excellent this is also true for the other two copy portfolio
Can you earn money on the trading platform?
types for example as a newbie you might not know what makes up 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 choosing a trader based copy portfolio can give you direct exposure to lots of traders that are picked by algorithmically this is excellent for diversification if you’re brand-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 doesn’t succeed and on the odd occasion this does take place i discovered this through copying a trader when beginning so i was copying this man and at the start he was succeeding then he simply began to think the market would crash so he began shorting great deals of stocks and it never did and it simply kept going up and then he still kept stating that the marketplace was going to crash and it never ever did so i lost quite a bit of cash so this is also a caution that your capital Gemini Vs Etoro Vs Bittrex
Why is eToro considered to be bad?
Definitely 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 pleased about but i took a look at that trader further 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 six months even more down the line so while previous performance is not indicted for future results i have actually made a few of my greatest earnings in copy portfolios for example i’ve been invested in the in the video game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have actually made a crazy 210 earnings likewise last year i bought the huge tech copy portfolio in january 2020 and now 16 months later this has made a tremendous 47.08 revenue which is 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 ridiculous growth i’m getting here on however like i said past performance is not indicative of future results so undoubtedly there are some minor negatives to copy portfolios first of all it is not possible to get rid of a part of the financial investment it’s likewise not possible to close private positions within a copy portfolio
Is eToro really complimentary as they say?
so this is my virtual account here so say for instance you didn’t like a particular business or individual that the copy portfolio had purchased or say for example you wanted to close one position to take earnings you would need to close the investment completely so that’s something to remember if you’re the sort of person who creams the top of the profits off of a financial investment so then potentially you ought to invest directly into stocks or traders that you would wish to copy instead of in a copy portfolio likewise while a few of the copy portfolios have an entry point that starts 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 five thousand us dollars and five thousand us dollars could be a lot so your alternative is to potentially take a look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then purchase them manually yourself
undoubtedly 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 couldn’t find this out for certain but my understanding is that on market copy portfolios there isn’t any stop losses on private positions if someone from etora sees this video and wishes to verify this with me then please do not hesitate to get in contact and after that i’ll put it as the pin comment below now this does not indicate 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 react and close out a position if there was a crash in the market whereas a real individual might respond to the market and close out positions and possibly redeem in at a lower entry point this may be worth thinking about when picking 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 buy 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 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 various styles so it’s worth having a browse so state let’s simply click on this crypto copy portfolio here that with its outright ridiculous results of 935 spot for two in the last 12 months that seethes so it’s a really similar design to a typical asset on with the eat the first page the description on the right here will typically detail what the copy portfolio’s methodology is and the minimum investment quantity this should also lay out how typically 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 have actually just noticed here the description on the very first page does not constantly match the description on the second page so to find out the rebalancing if you go on here i’ve just found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion including new listings or de-listing based upon the terms discussed above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the asset allowance now you actually need to remember of this as i learned this the hard way and by this i may learn this in 2 methods so i really bought one of these crypto copy portfolios a long period of 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 novice well among these cryptos was more heavily 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 then as cryptos do it recuperated up uh because they are so volatile so not just did i lose a great deal of cash and i wasn’t able to buy back ins due to the fact that the rate had bounced up however i likewise can’t bear to believe more that would be worth now today it’s just uh i missed out on i missed out on that one however it’s lesson to find out and sometimes the very best lessons in trading are sadly 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 further down we have the historical statistics of the copy portfolio if it’s a newish copy portfolio then you’ll discover there’s some stars next to the numbers
and this means as it says here the stars are based upon back evaluated results then you have actually got a typical risk score here on the left hand side and likewise you can see the number of financiers in this copy portfolio and then down at the bottom we have actually got some good graphs for net direct exposure and allowance then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some nice charts here which just show the various allotment however if you really wish to see the real holdings you can see the existing holdings in there in the portfolio and their current earnings and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has liquidated of so if we set that to possibly one year you can see the historical trades this copy portfolio has liquidated of then on the last tab we have a chart showing the performance of this copy portfolio with time so to invest in this you just click the huge button on the top right that states 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 simply going to leave that at 400 this is my virtual account feel in one’s bones 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 quickly because it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Gemini Vs Etoro Vs Bittrex
so if you were to really buy a copy portfolio that invested in 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 stop briefly the financial investment you can change the stop loss or you can close the investment now if you wish to increase the investment something i have discovered when looking at a bunch 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 took a look at a handful and they did all appear to say it was a thousand that you might add minimum so that’s something absolutely to remember when opening your copy portfolio position so i hope this video has been useful 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 questions 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 think could be a good investment i ‘d love to know and i checked out all your remarks if you found this video useful in any way then i ‘d really value an early thumbs up as it really assists support the channel likewise for those of you thinking about signing up to and haven’t already then there’s an an affiliate link 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 truly assists support this channel so why not give a go prior to depositing any real cash as they will give you a demonstration 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 likewise if you want to discover 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 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 Gemini Vs Etoro Vs Bittrex