When discussing the platform….this always comes up Itbit Vs Etoro Fees…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of possessions or traders picked by based upon a chosen theme kind of like a mini etf in some respects copy portfolios are great for diversity and are developed to decrease long-term risk and take advantage of present market opportunities each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading technique upon which it is based typically they are seen as a medium to long-term financial investment car but you can stop your investment at any point at the current market rates as long as the marketplaces are open copy portfolios are great for novices who desire a hands-off method and if you take a look at’s site they really declare that they intend to provide to double-digit annual returns while reducing the danger related to the financial investment now keep in mind past performance isn’t a sign of future results however that is what they aim to do so copy portfolios are sort of like an etf
A handled portfolio without the charges although real professionally handled funds are likely to be adjusted daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally gradually the value of individual assets in a varied portfolio go up and down where they drift away from their target weights for example over the long term stocks normally increase much faster than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing system closes and opens positions periodically to keep the asset allocation ratio and keep the copy portfolio method various copy portfolios rebalance at different times to others so essentially you require to look at each one separately to find out the rebalancing duration when you purchase a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s performance is evaluated in depth and rebalanced immediately periodically to maximize its gain capacity so first of all there are three types now like i said i’m not going to review every one but perhaps i’ll do that in another video so let me understand if this is something you want to see in the remarks if you see here we have market copy portfolios leading trader copy portfolios and partner copy portfolios so market copy portfolios purchase 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 developed around a concept performance metric or an algorithm that picks its top performing assets and then next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the very best performing traders on according to a predefined technique the traders within are chosen by’s investment committee and algorithmically searching for particular trading attributes that are optimized for profit then last but not least we have actually got a partner copy portfolios these are portfolios produced by third parties that carry out comprehensive market analysis and has partnered with and once 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 explain what copyrighting is however if you would like to know more about that then go have a look at my video which i’ll place a link to up here and in the description listed below firstly i would state the main pros of copy portfolios are that they are good for newbies who want a more hands-off method in regards to the marketplace copy portfolios i would state they are fantastic if you desire exposure to a particular market where you believe the industry will succeed as a whole for instance you might desire direct exposure to lots of renewable energy companies or driverless automobiles companies because as a novice you might not know much about individual stocks to choose it will likewise conserve you time as looking into great deals of specific stocks can be really time consuming so letting do this on your behalf is fantastic this is also real for the other two copy portfolio
Can you generate income on the trading platform?
types for instance as a beginner you might not know what makes up a good trader to copy if you would like to know how i personally discover 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 listed below choosing a trader based copy portfolio can give you direct exposure to great deals of traders that are selected by algorithmically this is fantastic for diversification if you’re brand-new to i personally would not invest all my cash in one trader and would attempt to spread it out over a variety of them in case one of them does not do well and on the odd occasion 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 doing well then he just began to think the marketplace would crash so he started shorting great deals of stocks and it never did and it simply kept increasing and then he still kept stating that the market 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 Itbit Vs Etoro Fees
Why is eToro thought about to be bad?
Absolutely at risk eventually 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 happy 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 six months further down the line so while past efficiency is not indicted for future outcomes i have actually made some of my most significant earnings in copy portfolios for example i have actually been purchased the in the game copy portfolio given that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have made an outrageous 210 revenue also in 2015 i bought the big tech copy portfolio in january 2020 and now 16 months later this has made a massive 47.08 revenue which remains in just 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 outrageous growth i’m getting here on but like i stated past performance is not a sign of future results so obviously there are some small negatives to copy portfolios first of all 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 actually free as they state?
so this is my virtual account here so state for example you didn’t like a particular company or individual that the copy portfolio had invested in or say for example you wished to close one position to take revenues you would need to close the financial investment completely so that’s something to remember if you’re the type of individual who creams the top of the revenues off of a financial investment so then perhaps you should invest directly into stocks or traders that you would wish to copy rather than 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 some of these is rather 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 look at some of the traders in these coffee portfolios or take a 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 potentially another unfavorable of copy portfolios and i could not discover this out for guaranteed 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 wants to verify 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 mean 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 wouldn’t react and close out a position if there was a crash in the market whereas a genuine individual could react to the market and close out positions and possibly buy back in at a lower entry point this may be worth considering when choosing a market copy portfolio so to buy 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 buy copy portfolios this is my virtual account as i stated prior to service and then from here you’ve got the 3 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 different ones in here with great deals of various themes so it’s worth having a browse so state let’s simply click this crypto copy portfolio here that with its outright crazy results of 935 area for two in the last 12 months that seethes so it’s a really comparable design to a normal property on with the feed upon the very first page the description on the right here will typically describe what the copy portfolio’s approach is and the minimum investment amount this should likewise detail how typically 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’ve just noticed here the description on the very first page does not always match the description on the 2nd page so to learn 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 annual or by the investment committee discretion including brand-new listings or de-listing based upon the terms pointed out above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we have actually got the property allocation now you really need to remember of this as i learned this the hard way and by this i may discover this in two ways so i actually bought one of these crypto copy portfolios a long time ago when i was starting out 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 heavily 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 bounced back up uh since they are so volatile so not only did i lose a lot of money and i wasn’t able to buy back ins since the cost had actually 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 lost out on that one however it’s lesson to learn and sometimes the best lessons in trading are regrettably discovered the hard way you won’t forget them when you make an awful error like that so carrying on from that if we scroll further down we have the historical stats of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars next to the numbers
and this means as it says here the stars are based upon back evaluated outcomes then you have actually got an average risk rating 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 great charts for net direct exposure and allowance then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some great graphs here which simply show the different allotment but if you actually wish to see the actual holdings you can see the existing holdings in there in the portfolio and their present revenue and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has actually closed out 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 with time so to purchase 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 wish to put in then you can set a stop loss 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 straight away because it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Itbit Vs Etoro Fees
so if you were to actually invest in a copy portfolio that invested in stocks then it would not really open those positions 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 financial investment you can pause the financial investment you can change the stop loss or you can close the financial investment now if you want to increase the investment something i have discovered when taking a look at a lot 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 know if that’s the same for all of them however i took a look at a handful and they did all seem to say it was a thousand that you could add minimum so that’s something definitely to remember 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 questions on this video then please let me know in the comments 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 enjoy to understand and i read all your remarks if you found this video practical in any way then i ‘d truly appreciate an early thumbs up as it actually helps support the channel likewise for those of you thinking about registering to and haven’t already then there’s an an affiliate link below where if you do register using it then i will get a kickback and it does not cost you anything extra but it actually helps support this channel so why not give a go before depositing 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 real money also if you wish to discover more about how works or more about personal financing and investing then i have many videos on my channel so i recommend you check them out so please subscribe and push the bell icon so you don’t miss 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 Itbit Vs Etoro Fees