When discussing the platform….this always comes up Myehterwallet Vs Etoro…Ideally you will choose something up along the way so what are copy portfolios so basically they are a basket of assets or traders picked by based on a chosen theme kind of like a tiny etf in some respects copy portfolios are great for diversification and are developed to reduce long-term threat and benefit from existing market opportunities each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading method upon which it is based generally they are seen as a medium to long-term financial investment car but you can stop your investment at any point at the present market rates as long as the marketplaces are open copy portfolios are terrific for newbies who desire a hands-off method and if you look at’s website they really claim that they intend to offer up to double-digit annual returns while mitigating the risk related to the financial investment now bear in mind previous efficiency isn’t a sign of future results but that is what they aim to do so copy portfolios are type of like an etf
A managed portfolio without the fees although actual expertly handled funds are likely to be adjusted day-to-day or on shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing basically gradually the worth of individual assets in a varied portfolio move up and down where they drift away from their target weights for example over the long term stocks usually increase quicker 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 property allowance ratio and maintain the copy portfolio technique various copy portfolios rebalance at different times to others so essentially you need to take a look at every one individually to learn the rebalancing period as soon as you invest in a copy portfolio your capital is expertly managed by’s financial investment committee each copy portfolio’s performance is examined in depth and rebalanced immediately regularly to maximize its gain capacity so first of all there are 3 types now like i stated i’m not going to evaluate every one but possibly 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios purchase a mix of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a particular market sector as it states here they are built around a concept efficiency metric or an algorithm that chooses its leading performing properties and after that next we’ve got the top trader copy portfolios top traders invest in a group of traders these compromise the very best carrying out traders on according to a predefined method the traders within are selected by’s investment committee and algorithmically searching for particular trading attributes that are enhanced for profit then last but not least we’ve got a partner copy portfolios these are portfolios created by 3rd parties that perform thorough market analysis and has partnered with and again have a style so let’s go over a few of the pros and cons 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 have a look at my video which i’ll place a link to up here and in the description below firstly i would state the main pros of copy portfolios are that they are good for newbies who want a more hands-off technique in regards to the marketplace copy portfolios i would state they are great if you want exposure to a particular industry where you believe the industry will succeed as a whole for instance you may desire direct exposure to great deals of renewable resource companies or driverless cars and trucks companies because as a newbie you might not know much about specific stocks to pick it will also save you time as investigating lots of individual stocks can be very time taking in so letting do this on your behalf is great this is also true for the other two copy portfolio
Can you make money on the trading platform?
types for example as a novice you may not know what makes up a great trader to copy if you need to know how i personally discover people 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 selecting a trader based copy portfolio can provide you direct exposure to great deals of traders that are picked by algorithmically this is excellent for diversification if you’re new to i personally would not invest all my cash in one trader and would attempt to spread it out over a number of them in case one of them doesn’t succeed and on the odd occasion this does happen i learnt this through copying a trader when starting so i was copying this man and at the start he was doing well then he simply started to think the market would crash so he started shorting great deals of stocks and it never did and it simply kept going up and then he still kept stating that the market was going to crash and it never ever did so i lost quite a bit of money so this is also a warning that your capital Myehterwallet Vs Etoro
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 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 money 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 past performance is not arraigned for future outcomes i have actually made some of my most significant profits in copy portfolios for example i have actually been invested in 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 actually made an insane 210 profit likewise last year i bought the huge tech copy portfolio in january 2020 and now 16 months later on this has actually made a whopping 47.08 revenue and that 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 crazy growth i’m getting here on however like i stated previous performance is not indicative of future outcomes so clearly 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 specific positions within a copy portfolio
Is eToro actually totally free as they state?
so 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 purchased or say for example you wanted to close one position to take earnings you would need to close the investment totally so that’s something to keep in mind if you’re the kind of person who creams the top of the revenues off of an investment so then potentially you ought to invest directly into stocks or traders that you would want 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 quite 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 option is to possibly take a look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that buy them by hand yourself
undoubtedly 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 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 wants to confirm 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 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 wouldn’t 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 possibly redeem in at a lower entry point this might be worth considering when choosing a market copy portfolio so to invest in copy portfolios
Why do you need 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 prior to service and after that 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 deal and there’s loads of various ones in here with lots of various styles so it’s worth having a browse so say let’s just click this crypto copy portfolio here that with its absolute insane results of 935 area for two in the last 12 months that’s mad so it’s a really comparable layout to a regular property on with the feed on the very first page the description on the right here will normally outline 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 have actually simply 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 discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of brand-new listings or de-listing based on the terms discussed above and the minimum investment
amount is 1000 us dollars so as you can see here on the right hand side we have actually got the possession allowance now you actually require to bear in mind of this as i discovered this the hard way and by this i may discover this in two ways so i in fact invested in one of these crypto copy portfolios a very long time ago when i was beginning on and i didn’t check the weightings and i presume they were all equal yes i understand i was a huge noob and a rookie well one of these cryptos was more greatly 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 got better up uh since they are so unpredictable 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 price had actually bounced up however i also can’t bear to think more that would deserve now today it’s simply uh i missed i lost out on that one however it’s lesson to find out and often the best lessons in trading are unfortunately discovered the hard way you will not forget them when you make a dreadful error like that so proceeding from that if we scroll further down we have the historic stats of the copy portfolio if it’s a newish copy portfolio then you’ll see there’s some stars beside the numbers
and this means as it says here the stars are based on back evaluated outcomes then you have actually got an average danger score here on the left hand side and likewise you can see the number of investors in this copy portfolio and then down at the bottom we have actually got some good graphs for net direct exposure and allocation then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some nice graphs here which simply reveal the different allotment but if you actually want to see the real holdings you can see the existing holdings in there in the portfolio and their current profit 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 perhaps one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart showing the performance of this copy portfolio gradually 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 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 purchasing 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 recording this video on a sunday Myehterwallet Vs Etoro
If you were to in fact invest in a copy portfolio that invested in 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 investment you can pause the investment you can change the stop loss or you can close the financial investment now if you want to increase the investment one thing i have observed 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 very same for all of them however i looked at a handful and they did all appear to say it was a thousand that you might include minimum so that’s something certainly 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 first if you have actually got any questions on this video then please let me understand 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 understand and i read all your comments if you found this video useful in any way then i ‘d truly appreciate an early thumbs up as it really assists support the channel also for those of you interested in registering to and haven’t currently then there’s an an affiliate link listed below where if you do register using it then i will get a kickback and it does not cost you anything extra but it really helps support this channel so why not give a go prior to depositing any real money as they will provide you a demonstration 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 likewise if you want to discover more about how works or more about personal finance and investing then i have numerous videos on my channel so i suggest you check them out so please push the bell and subscribe icon so you don’t lose out on any future updates it’s been ollie from get geek financing thank you for viewing and i’ll capture you in the next one Myehterwallet Vs Etoro