When discussing the platform….this always comes up Corso Etoro…Hopefully you will pick something up along the way so what are copy portfolios so basically they are a basket of traders or possessions selected by based upon a chosen theme sort of like a small etf in some respects copy portfolios are terrific for diversification and are created to minimize long-lasting danger and take advantage of existing market chances 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 seen as a medium to long-term investment car however you can stop your investment at any point at the existing market rates as long as the markets are open copy portfolios are terrific for newbies who want a hands-off approach and if you take a look at’s website they actually claim that they intend to provide to double-digit yearly returns while alleviating the risk related to the financial investment now remember previous efficiency isn’t a sign of future outcomes however that is what they aim to do so copy portfolios are type of like an etf
A managed portfolio without the costs although actual professionally handled 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 gradually the value of individual properties in a diversified portfolio move up and down whereby they drift away from their target weights for example over the long term stocks generally rise faster than etfs so the stock part of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions occasionally to keep the asset allowance ratio and maintain the copy portfolio strategy different copy portfolios rebalance at various times to others so basically you require to take a look at every one individually to discover the rebalancing duration as soon as you purchase a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s performance is analyzed in depth and rebalanced automatically occasionally to maximize its gain capacity so to start with there are 3 types now like i said i’m not going to review every one however 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 purchase a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market sector as it states here they are constructed around an idea performance metric or an algorithm that chooses its top performing properties and then next we’ve got the leading trader copy portfolios top traders buy a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are selected by’s investment committee and algorithmically trying to find particular trading characteristics that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios developed by third parties that perform extensive market analysis and has partnered with and once again have a style so let’s discuss a few of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to explain what copyrighting is but if you wish to know more about that then go check out my video which i’ll put a link to up here and in the description listed below to start with i would say the main pros of copy portfolios are that they benefit newbies who want a more hands-off approach in regards to the market copy portfolios i would say they are excellent if you desire direct exposure to a specific industry where you think the industry will succeed as a whole for example you might desire exposure to lots of renewable resource companies or driverless cars companies because as a newbie you may not know much about individual stocks to choose it will also save you time as researching lots of individual stocks can be really time consuming so letting do this in your place is terrific this is also real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for instance as a novice you might not know what constitutes a good trader to copy if you would like to know how i personally discover individuals to copy on then go check out my video which i’ll put a link to up here and in the description below choosing a trader based copy portfolio can offer you direct exposure to great deals of traders that are picked 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 doesn’t do well and on the odd event this does take place i discovered this through copying a trader when starting out so i was copying this man and at the start he was doing well then he just started to think the market would crash so he began shorting lots of stocks and it never ever did and it just kept increasing and after that he still kept stating 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 Corso Etoro
Why is eToro considered to be bad?
Definitely at risk eventually i needed 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 delighted about however 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 further down the line so while past performance is not arraigned for future outcomes i have actually made some of my most significant earnings in copy portfolios for example i’ve been bought 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 just under 4 years i have made an outrageous 210 earnings likewise last year i invested in the huge tech copy portfolio in january 2020 and now 16 months later this has made a massive 47.08 earnings and that remains in simply 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 insane development i’m getting here on but like i said past efficiency is not a sign of future outcomes so undoubtedly there are some small negatives to copy portfolios first of all 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 say for instance you didn’t like a specific business or person that the copy portfolio had actually purchased or say for example you wanted to close one position to take revenues you would require to close the financial investment completely so that’s something to remember if you’re the kind of person who creams the top of the revenues off of an investment so then potentially you need to invest straight into stocks or traders that you would want to copy instead of in a copy portfolio also while some of the copy portfolios have an entry point that starts at 1 000 us dollars the entry level on a few of these is rather high all the trader based copy portfolios need 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 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
certainly 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 could not discover this out for certain 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 would like to validate 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 mean you can’t personally set a stop loss on the copy portfolio yourself however state for example if you’re copying a market copy portfolio it would not close and react out a position if there was a crash in the market whereas a real person might respond to the marketplace and liquidate positions and possibly redeem in at a lower entry point this might deserve considering when selecting a market copy portfolio so to buy copy portfolios
Why do you need 25k to day trade?
you would firstly go to the following link on the left here that states purchase copy portfolios this is my virtual account as i said before service and after that from here you have actually got the 3 types of copy portfolios that we were speaking 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 great deals of various styles so it deserves having a browse so say let’s simply click this crypto copy portfolio here that with its absolute ridiculous results of 935 spot for two in the last 12 months that’s mad so it’s a really comparable design to a normal property on with the feed on the first page the description on the right here will typically describe what the copy portfolio’s methodology is and the minimum financial investment quantity this need to also detail how typically it rebalances so as you can see for this crypto copy portfolio here the minimum investment quantity is 1 000 us dollars so as i’ve simply discovered here the description on the first page does not always match the description on the second page so to discover the rebalancing if you go on here i have actually simply found that by looking 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 investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we’ve got the asset allotment now you really need to take note of this as i learned this the hard way and by this i might learn this in two methods so i actually bought among 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 cashed out my position and then as cryptos do it recuperated up uh because they are so volatile so not only did i lose a great deal of money and i wasn’t able to redeem ins since the rate had bounced up but i also can’t bear to think more that would deserve now today it’s just uh i missed i lost out on that one but it’s lesson to learn and in some cases the best lessons in trading are unfortunately discovered the hard way you won’t forget them when you make a dreadful mistake like that so proceeding 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 observe there’s some stars next to the numbers
and this suggests as it states here the stars are based on back tested results then you have actually got a typical danger 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’ve got some good graphs for net exposure and allocation then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some nice graphs here which just reveal the various allocation however if you actually want to see the actual holdings you can see the current holdings in there in the portfolio and their present profit and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has closed out of so if we set that to maybe one year you can see the historic trades this copy portfolio has actually closed out 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 big 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 below and i’m just going to leave that at 400 this is my virtual account feel in one’s bones there is a minimum and a maximum on the stop loss here so if i press the invest here and now it started investing in copy portfolio now this copy portfolio did open straight away because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Corso Etoro
If you were to in fact invest in a copy portfolio that invested in stocks then it would not in fact open those positions 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 pause the investment you can change the stop loss or you can close the 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 add 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 state 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 been useful to you if you are thinking about investing in a copy portfolio then please do your own due diligence first if you have actually got any concerns on this video then please let me understand 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 financial investment i ‘d love to know and i read all your remarks if you discovered this video handy in any way then i ‘d actually appreciate an early thumbs up as it truly helps support the channel likewise for those of you interested in signing up to and have not already then there’s an an affiliate link below where if you do sign up utilizing 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 genuine money as they will give 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 financing and investing then i have many videos on my channel so i recommend 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 finance thank you for enjoying and i’ll catch you in the next one Corso Etoro