When discussing the platform….this always comes up Etoro Profichart…Hopefully you will pick something up along the way so what are copy portfolios so essentially they are a basket of traders or possessions picked by based upon a picked theme type of like a tiny etf in some aspects copy portfolios are great for diversity and are created to lessen long-term danger and take advantage of present market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading strategy upon which it is based normally they are viewed as a medium to long-lasting financial investment automobile but you can stop your financial investment at any point at the existing market rates as long as the markets are open copy portfolios are fantastic for novices who want a hands-off method and if you look at’s website they in fact declare that they intend to offer up to double-digit annual returns while reducing the risk connected with the financial investment now remember previous efficiency isn’t indicative of future outcomes but that is what they intend to do so copy portfolios are kind of like an etf
A handled portfolio without the costs although real professionally managed funds are likely to be changed day-to-day or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing generally in time the value of specific assets in a diversified portfolio move up and down whereby they drift away from their target weights for example over the long term stocks typically increase much faster than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions periodically to keep the possession allowance ratio and maintain the copy portfolio method different copy portfolios rebalance at different times to others so generally you require to look at every one individually to learn the rebalancing period once you purchase a copy portfolio your capital is professionally managed by’s investment committee each copy portfolio’s performance is analyzed in depth and rebalanced immediately periodically to optimize its gain capacity so first of all there are 3 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 understand if this is something you wish 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 buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market sector as it says here they are constructed around an idea performance metric or an algorithm that chooses its leading carrying out assets and after that next we have actually got the leading trader copy portfolios top traders purchase a group of traders these compromise the best performing traders on according to a predefined method the traders within are selected by’s financial investment committee and algorithmically trying to find particular trading qualities that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that carry out comprehensive market analysis and has partnered with and again have a style 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 but if you wish to know more about that then go check out my video which i’ll position a link to up here and in the description listed below first of all i would state the main pros of copy portfolios are that they are good for beginners who want a more hands-off technique in regards to the marketplace copy portfolios i would state they are fantastic if you desire exposure to a specific market where you believe the industry will do well as a whole for example you might desire exposure to lots of renewable resource business or driverless automobiles companies since as a beginner you might not know much about private stocks to select it will also save you time as looking into great deals of individual stocks can be extremely time consuming so letting do this on your behalf is great this is also real for the other two copy portfolio
Can you generate income on the trading platform?
types for instance as a newbie you might not know what constitutes a good trader to copy if you want 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 selecting a trader based copy portfolio can give you exposure to lots of traders that are selected 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 variety of them in case one of them doesn’t succeed and on the odd celebration this does take place i discovered this through copying a trader when starting so i was copying this man and at the start he was succeeding then he simply began to think the marketplace would crash so he began shorting lots of stocks and it never ever 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 a fair bit of cash so this is also a warning that your capital Etoro Profichart
Why is eToro considered to be bad?
Certainly at risk ultimately 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 happy 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 even more down the line so while past efficiency is not prosecuted for future outcomes i have actually made a few of my biggest revenues in copy portfolios for example i have actually been invested in the in the video game copy portfolio considering that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have made a ridiculous 210 earnings likewise last year i invested in the big 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 right now that’s that’s some outrageous development i’m getting here on but like i said past efficiency is not indicative of future results so certainly there are some small negatives to copy portfolios firstly it is not possible to remove a part of the financial investment it’s also not possible to close individual positions within a copy portfolio
Is eToro truly free as they state?
so this is my virtual account here so state for instance you didn’t like a specific business or individual that the copy portfolio had actually invested in or state for instance you wished to close one position to take earnings you would require to close the financial investment entirely so that’s something to bear in mind if you’re the kind 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 instead of in a copy portfolio likewise while a few 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 need at least five thousand us dollars and five thousand us dollars could be a lot so your option is to possibly take a look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that purchase them manually 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 find this out for definite however my understanding is that on market copy portfolios there isn’t any stop losses on individual positions if somebody from etora sees this video and would like to verify this with me then please feel free to get in contact and then i’ll put it as the pin remark below now this does not mean you can’t personally set a stop loss on the copy portfolio yourself but state for example if you’re copying a market copy portfolio it wouldn’t respond and close out a position if there was a crash in the market whereas a genuine person could respond to the market and close out positions and potentially redeem in at a lower entry point this might be worth thinking about when selecting a market copy portfolio so to buy copy portfolios
Why do you need 25k to day trade?
you would to start with go to the following link on the left here that states invest in copy portfolios this is my virtual account as i stated before service and then from here you’ve got the 3 types of copy portfolios that we were discussing 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 different styles so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its outright crazy results of 935 area for two in the last 12 months that’s mad so it’s a very comparable design to a normal asset on with the feed on the first page the description on the right here will typically outline what the copy portfolio’s approach is and the minimum investment quantity this ought to also describe how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum investment amount is 1 000 us dollars so as i’ve simply observed here the description on the first page doesn’t constantly match the description on the 2nd page so to discover the rebalancing if you go on here i have actually simply discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion including new listings or de-listing based on the terms discussed 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 property allocation now you truly need to bear in mind of this as i learned this the hard way and by this i may discover this in two methods so i actually bought one of these crypto copy portfolios a very long time ago when i was starting on and i didn’t check the weightings and i presume they were all equal yes i know i was a massive noob and a novice well among these cryptos was more greatly weighted than the others and that 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 volatile so not only did i lose a lot of cash and i wasn’t able to redeem ins due to the fact that the cost had actually bounced up however i also can’t bear to think more that would deserve now today it’s just uh i missed i missed out on that one however it’s lesson to learn and in some cases the best lessons in trading are sadly discovered the hard way you will not forget them when you make a terrible mistake like that so moving on 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 next to the numbers
and this suggests as it says here the stars are based upon back tested outcomes then you’ve got an average threat rating here on the left hand side and also you can see the variety of financiers in this copy portfolio and then down at the bottom we’ve got some nice graphs for net direct exposure and allotment then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some nice graphs here which just reveal the various allocation but if you really want to see the actual holdings you can see the present 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 historical trades this copy portfolio has liquidated 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 over time so to buy this you just 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 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 investing in copy portfolio now this copy portfolio did open immediately since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Etoro Profichart
If you were to really invest in a copy portfolio that invested in stocks then it would not really 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 pause the investment you can change the stop loss or you can close the investment now if you desire to increase the investment one thing i have seen when looking at a bunch of these is that the minimum amount you can include to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the exact same for all of them however i looked at a handful and they did all seem to say it was a thousand that you could add 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’ve got any questions on this video then please let me know in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you think could be a great investment i ‘d enjoy to understand and i read all your comments if you found this video practical in any way then i ‘d truly appreciate an early thumbs up as it actually assists support the channel also for those of you interested in registering to and haven’t currently then there’s an an affiliate link below where if you do register using it then i will get a kickback and it doesn’t cost you anything additional however it really assists support this channel so why not give a go prior to depositing any real cash as they will provide 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 cash also 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 recommend you check them out so please push the bell and subscribe icon so you do not lose out on any future updates it’s been ollie from get geek financing thank you for watching and i’ll capture you in the next one Etoro Profichart