When discussing the platform….this always comes up Coinbase Vs Quickbit…Ideally you will choose something up along the way so what are copy portfolios so essentially they are a basket of traders or properties picked by based upon a selected theme type of like a mini etf in some respects copy portfolios are excellent for diversity and are created to minimize long-lasting danger and take advantage of present market opportunities each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading strategy upon which it is based generally they are viewed as a medium to long-term investment automobile however you can stop your financial investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are excellent for beginners who desire a hands-off method and if you take a look at’s site they actually claim that they aim to provide to double-digit yearly returns while reducing the threat connected with the financial investment now bear in mind previous performance isn’t indicative of future results but that is what they intend to do so copy portfolios are sort of like an etf
A handled portfolio without the costs although actual expertly managed funds are likely to be changed daily or on much shorter intervals whereas these are re-balanced at longer periods so what is rebalancing essentially gradually the value of specific possessions in a varied portfolio go up and down where they drift away from their target weights for instance over the long term stocks usually rise much faster than etfs so the stock portion of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the asset allocation ratio and maintain the copy portfolio strategy various copy portfolios rebalance at different times to others so essentially you need to take a look at every one separately to learn the rebalancing duration as soon as you buy a copy portfolio your capital is expertly handled by’s financial investment committee each copy portfolio’s efficiency is examined in depth and rebalanced instantly occasionally to optimize its gain potential so to start with there are three types now like i stated i’m not going to review each one but perhaps i’ll do that in another video so let me know if this is something you want 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 invest in a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market strategy or concentrating 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 after that next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the best performing traders on according to a predefined technique the traders within are selected by’s investment committee and algorithmically trying to find particular trading qualities that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios developed by third parties that perform comprehensive market analysis and has partnered with and once again have a theme so let’s talk about some of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to describe what copyrighting is but if you wish 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 to start with i would say the main pros of copy portfolios are that they benefit novices who want a more hands-off method in regards to the marketplace copy portfolios i would say they are terrific if you want exposure to a specific industry where you believe the industry will do well as a whole for example you might desire exposure to great deals of renewable resource business or driverless cars companies due to the fact that as a novice you might not know much about private stocks to choose it will also save you time as looking into lots of individual stocks can be extremely time taking in so letting do this on your behalf is terrific this is also real for the other 2 copy portfolio
Can you make money on the trading platform?
types for instance as a beginner you may not know what constitutes a good 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 picking a trader based copy portfolio can provide you exposure to great deals of traders that are picked by algorithmically this is excellent for diversification if you’re brand-new to i personally would not invest all my money in one trader and would try to spread it out over a variety of them in case among them does not do well and on the odd occasion this does occur i learnt this through copying a trader when starting so i was copying this guy and at the start he was succeeding then he just started to believe the marketplace would crash so he began shorting great deals of stocks and it never did and it simply kept increasing and then he still kept saying that the marketplace 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 Coinbase Vs Quickbit
Why is eToro considered to be bad?
Certainly at risk eventually i needed to cut my losses with this trader and i believe i wound 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 six months further 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’ve been bought 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 simply under 4 years i have made a crazy 210 profit also last year i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 profit which 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 crazy development i’m getting here on however like i said past efficiency is not indicative of future results so undoubtedly there are some small negatives to copy portfolios to start with it is not possible to remove a part of the investment it’s also not possible to close private positions within a copy portfolio
Is eToro truly complimentary as they state?
so this is my virtual account here so say for example you didn’t like a particular business or person that the copy portfolio had invested in or state for instance you wished to close one position to take earnings you would require to close the financial investment completely so that’s something to keep in mind if you’re the sort of individual who creams the top of the earnings off of an investment so then potentially you should invest directly into stocks or traders that you would want to copy rather than 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 quite high all the trader based copy portfolios need at least 5 thousand us dollars and 5 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 manually yourself
obviously 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 individual positions if someone from etora sees this video and wishes to verify this with me then please do not hesitate to get in contact and then i’ll put it as the pin remark listed below now this does not mean you can’t personally set a stop loss on the copy portfolio yourself but say for instance if you’re copying a market copy portfolio it would not react and close out a position if there was a crash in the market whereas a genuine person might react to the market and close out positions and possibly buy back in at a lower entry point this may be worth considering when picking a market copy portfolio so to purchase copy portfolios
Why do you need 25k to day trade?
you would first of all go to the following link on the left here that states 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 offer and there’s loads of various ones in here with great deals of different themes so it deserves having a browse so state let’s simply click this crypto copy portfolio here that with its outright outrageous results of 935 spot for 2 in the last 12 months that’s mad so it’s a very comparable layout to a regular possession on with the feed upon the first page the description on the right here will usually detail what the copy portfolio’s approach is and the minimum investment amount this should also outline how frequently 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 have actually simply seen here the description on the 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 searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion consisting of brand-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 man side we have actually got the possession allocation now you really need to remember of this as i discovered this the hard way and by this i might discover this in two ways so i really purchased among these crypto copy portfolios a long time ago when i was starting out on and i didn’t inspect the weightings and i presume they were all equivalent yes i know i was an enormous noob and a novice well one of 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 cashed out my position and after that as cryptos do it recuperated up uh since they are so unpredictable so not only did i lose a lot of money and i wasn’t able to buy back ins because the cost had bounced up but i also can’t bear to believe more that would deserve now today it’s simply uh i missed out on i missed out on that one but it’s lesson to learn and often the best lessons in trading are unfortunately learnt the hard way you will not forget them when you make a horrible error like that so proceeding from that if we scroll even more 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 implies as it states here the stars are based upon back checked results then you’ve got an average risk score here on the left hand side and also you can see the variety of investors in this copy portfolio and after that down at the bottom we have actually got some good charts 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 have actually got some nice graphs here which just reveal the different allotment however 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 possibly one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart showing the performance of this copy portfolio with time so to purchase this you simply click the huge button on the top 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 listed below and i’m simply 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 quickly due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Coinbase Vs Quickbit
so if you were to actually invest in a copy portfolio that invested in stocks then it would not in fact open those positions up 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 adjust the stop loss or you can close the investment now if you wish to increase the investment something i have noticed when looking at a bunch of these is that the minimum amount you can contribute to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the same for all of them however i took a look at a handful and they did all seem to state it was a thousand that you might 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 helpful to you if you are thinking about purchasing 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 understand if you buy copy portfolios and if so which ones or
which ones do you think could be a good investment i ‘d like to know and i checked out all your comments if you found this video practical in any way then i ‘d actually appreciate an early thumbs up as it truly assists support the channel also for those of you thinking about signing up to and have not already then there’s an an affiliate link listed below where if you do sign up utilizing it then i will get a kickback and it doesn’t cost you anything additional however it actually assists support this channel so why not give a go before transferring any genuine cash as they will give you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine cash also if you wish to discover more about how works or more about personal finance and investing then i have numerous videos on my channel so i advise you check them out so please subscribe and press the bell icon so you don’t lose out on any future updates it’s been ollie from get geek financing thank you for watching and i’ll catch you in the next one Coinbase Vs Quickbit