When discussing the platform….this always comes up Etoro Simulator…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of traders or assets picked by based upon a selected theme sort of like a small etf in some respects copy portfolios are great for diversification and are designed to reduce long-term risk and take advantage of existing 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 normally they are viewed as a medium to long-lasting financial investment automobile however you can stop your financial investment at any point at the current market rates as long as the marketplaces are open copy portfolios are excellent for novices who want a hands-off technique and if you look at’s website they actually declare that they aim to offer up to double-digit yearly returns while reducing the threat connected with the investment now remember previous efficiency isn’t indicative of future outcomes but that is what they intend to do so copy portfolios are type of like an etf
A handled portfolio without the fees although actual expertly handled funds are most likely to be changed 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 possessions in a diversified portfolio go up and down whereby they drift away from their target weights for example over the long term stocks normally 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 occasionally to keep the possession allocation ratio and preserve the copy portfolio method various copy portfolios rebalance at various times to others so basically you require to look at every one individually to find out the rebalancing period when you invest in a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s efficiency is examined in depth and rebalanced instantly periodically to maximize its gain capacity so firstly there are 3 types now like i said i’m not going to review every one but possibly 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 combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market segment as it says here they are developed around an idea efficiency metric or an algorithm that picks its top performing possessions and after that next we’ve got the leading trader copy portfolios leading traders purchase a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are selected by’s financial investment committee and algorithmically trying to find particular trading characteristics that are optimized for profit then last but not least we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that perform comprehensive market analysis and has partnered with and again have a theme so let’s talk about some of the benefits and drawbacks 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 below to start with i would say the primary pros of copy portfolios are that they are good for newbies who want a more hands-off method in regards to the market copy portfolios i would say they are great if you want exposure to a particular market where you think the market will do well as a whole for example you may want direct exposure to lots of renewable resource business or driverless cars business due to the fact that as a newbie you might not know much about private stocks to select it will also save you time as investigating lots of private stocks can be really time consuming so letting do this in your place is terrific this is likewise real for the other 2 copy portfolio
Can you earn money on the trading platform?
types for example as a novice you might not know what makes up an excellent trader to copy if you would like to know how i personally find people to copy on then go check out my video which i’ll put a link to up here and in the description listed below picking a trader based copy portfolio can provide you direct exposure to lots of traders that are selected by algorithmically this is fantastic for diversity 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 succeed and on the odd event this does happen i learnt this through copying a trader when beginning so i was copying this guy and at the start he was succeeding then he simply began to believe the market would crash so he started shorting great deals of stocks and it never ever did and it simply kept increasing and then he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of money so this is also a caution that your capital Etoro Simulator
Why is eToro thought about 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 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 better than where i would have been six months further down the line so while previous efficiency is not prosecuted for future results i have made a few of my most significant revenues in copy portfolios for instance i’ve 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 4 years i have made an insane 210 profit likewise in 2015 i bought the huge tech copy portfolio in january 2020 and now 16 months later this has actually made a massive 47.08 profit 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 right now that’s that’s some outrageous development i’m getting here on but like i stated past efficiency is not a sign of future results so obviously there are some minor negatives to copy portfolios to start with it is not possible to get rid of a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio
Is eToro truly totally free 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 bought or state for example you wanted to close one position to take earnings you would require to close the investment completely so that’s something to keep in mind if you’re the kind of person who creams the top of the earnings off of a financial investment so then potentially you ought to invest directly into stocks or traders that you would want to copy instead of in a copy portfolio also 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 rather high all the trader based copy portfolios need a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly 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
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 couldn’t find this out for definite however 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 then i’ll put it as the pin comment listed below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself however say for instance 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 real individual might respond to the marketplace and close out positions and potentially buy back in at a lower entry point this may be worth thinking about when picking a market copy portfolio so to invest in copy portfolios
Why do you require 25k to day trade?
you would to start with go to the following link on the left here that says purchase copy portfolios this is my virtual account as i stated prior to service and then from here you’ve got the three kinds 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 different ones in here with lots of different themes so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its absolute ridiculous outcomes of 935 spot for 2 in the last 12 months that seethes so it’s a very similar layout to a typical asset on with the eat the first page the description on the right here will usually outline what the copy portfolio’s methodology is and the minimum investment quantity this need to also describe how often 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 have actually simply discovered here the description on the very 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 just discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion consisting of new listings or de-listing based upon the terms pointed out above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right hand side we have actually got the possession allocation now you actually need to bear in mind of this as i discovered this the hard way and by this i may learn this in 2 methods so i in fact purchased among these crypto copy portfolios a long period of time ago when i was starting on and i didn’t check the weightings and i presume they were all equal yes i understand i was an enormous noob and a rookie well among these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and squandered my position and after that as cryptos do it got better up uh since they are so volatile so not just did i lose a great deal of cash and i wasn’t able to redeem ins due to the fact that the cost had actually bounced up but i also can’t bear to believe more that would be worth now today it’s simply uh i missed i missed out on that one however it’s lesson to learn and sometimes the very best lessons in trading are unfortunately discovered the hard way you won’t forget them when you make a terrible mistake like that so proceeding 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 observe there’s some stars beside the numbers
and this suggests as it states here the stars are based upon back checked results then you have actually got a typical threat 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 have actually got some great graphs for net direct exposure and allotment then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some nice graphs here which just show the various allowance but if you in fact wish to see the actual holdings you can see the present holdings in there in the portfolio and their current profit and loss here um and if you change this bit here you can see the historical trades this copy portfolio has actually closed out of so if we set that to possibly 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 performance of this copy portfolio with time so to buy this you just click the huge button on the leading right that says invest and after that you can set a quantity 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 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 straight away because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Etoro Simulator
If you were to really invest in a copy portfolio that invested in stocks then it would not really open those positions till 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 financial investment one thing i have observed when looking at a lot of these is that the minimum quantity you can include to a copy portfolio once it is open is a thousand dollars now i do not understand if that’s the exact same for all of them however i looked at a handful and they did all seem to state it was a thousand that you might include minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has been helpful 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 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 investment i ‘d enjoy to know and i checked out all your remarks if you discovered this video practical in any way then i ‘d really appreciate an early thumbs up as it really assists support the channel also for those of you interested in signing up 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 additional 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 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 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 subscribe and press the bell icon so you do not miss out on any future updates it’s been ollie from get geek finance thank you for seeing and i’ll capture you in the next one Etoro Simulator