When discussing the platform….this always comes up Does Etoro Works In Nigeria…Hopefully you will pick something up along the way so what are copy portfolios so generally they are a basket of traders or properties chosen by based upon a picked theme sort of like a small etf in some respects copy portfolios are fantastic for diversification and are designed to decrease long-term threat and benefit from existing market chances each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading strategy upon which it is based usually they are seen as a medium to long-lasting investment automobile but you can stop your investment at any point at the current market rates as long as the markets are open copy portfolios are terrific for beginners who want a hands-off approach and if you take a look at’s website they in fact claim that they intend to provide to double-digit yearly returns while mitigating the risk related to the financial investment now remember past efficiency isn’t indicative of future results but that is what they aim to do so copy portfolios are type of like an etf
A handled portfolio without the charges although real expertly handled funds are likely to be changed daily or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally over time the value of specific possessions in a varied portfolio go up and down whereby they drift away from their target weights for example over the long term stocks normally increase much faster than etfs so the stock portion of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions occasionally to keep the possession allotment ratio and maintain the copy portfolio strategy various copy portfolios rebalance at various times to others so generally you require to take a look at every one individually to learn the rebalancing duration when you purchase a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s efficiency is analyzed in depth and rebalanced immediately periodically to optimize its gain capacity so first of all there are three types now like i stated i’m not going to review each one however 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 invest in a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market segment as it says here they are built around an idea performance metric or an algorithm that chooses its leading performing possessions and after that next we have actually got the top trader copy portfolios top traders buy a group of traders these compromise the very best carrying out traders on according to a predefined strategy the traders within are selected by’s investment committee and algorithmically trying to find particular trading qualities that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that conduct comprehensive market analysis and has partnered with and once again have a theme so let’s discuss a few of the pros and cons of copying people versus copying portfolios so i’m not going to discuss 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 below first of all i would say the main pros of copy portfolios are that they are good for newbies who desire a more hands-off approach in regards to the marketplace copy portfolios i would say they are terrific if you want direct exposure to a particular industry where you think the industry will do well as a whole for example you might want exposure to lots of renewable resource companies or driverless cars and trucks companies because as a beginner you may not know much about specific stocks to choose it will also save you time as looking into great deals of specific stocks can be really time consuming so letting do this in your place is great this is also true for the other 2 copy portfolio
Can you make money on the trading platform?
types for example as a newbie you might not know what makes up an excellent trader to copy if you want to know how i personally find 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 below selecting a trader based copy portfolio can give you exposure to great deals of traders that are chosen by algorithmically this is excellent for diversity if you’re 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 one of them does not do well and on the odd occasion this does occur i learnt this through copying a trader when starting out so i was copying this person and at the start he was succeeding then he just began to believe the marketplace would crash so he began shorting lots of stocks and it never ever did and it just kept going up and after that he still kept saying that the marketplace was going to crash and it never ever did so i lost quite a bit of money so this is likewise a caution that your capital Does Etoro Works In Nigeria
Why is eToro thought about to be bad?
Definitely at risk ultimately i had 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 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 6 months even more down the line so while previous performance is not indicted for future results i have actually made a few of my greatest profits in copy portfolios for example i have actually 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 four years i have made a crazy 210 revenue also last year i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 revenue which remains in simply 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 but like i stated past performance is not a sign of future results so undoubtedly there are some minor negatives to copy portfolios to start with it is not possible to remove a part of the financial investment it’s likewise not possible to close private positions within a copy portfolio
Is eToro truly complimentary as they state?
This is my virtual account here so state for example you didn’t like a specific company or person that the copy portfolio had actually invested in or say for example you wanted to close one position to take earnings you would need to close the investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of an investment so then perhaps you ought to invest directly into stocks or traders that you would want to copy rather than in a copy portfolio likewise while some of the copy portfolios have an entry point that starts at 1 000 us dollars the entry level on some of these is quite high all the trader based copy portfolios require at least five thousand us dollars and 5 thousand us dollars might be a lot so your alternative is to possibly look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in 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 guaranteed but 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 wants to validate 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 say for instance if you’re copying a market copy portfolio it would not respond and close out a position if there was a crash in the market whereas a real individual might react to the market and liquidate positions and possibly redeem in at a lower entry point this may deserve considering when picking a market copy portfolio so to purchase copy portfolios
Why do you require 25k to day trade?
you would firstly go to the following link on the left here that says purchase copy portfolios this is my virtual account as i stated before service and after that from here you have actually got the three types of copy portfolios that we were talking about in the past 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 state let’s just click on this crypto copy portfolio here that with its absolute outrageous outcomes of 935 area for 2 in the last 12 months that seethes so it’s a very similar design to a normal asset on with the eat the very first page the description on the right here will typically outline what the copy portfolio’s approach is and the minimum investment quantity this must also outline how typically 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 constantly match the description on the 2nd page so to find out the rebalancing if you go on here i have actually simply found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of new listings or de-listing based on the terms mentioned above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right-hand man side we have actually got the property allocation now you actually require to keep in mind of this as i learned this the hard way and by this i might discover this in 2 ways so i really invested in one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t inspect the weightings and i presume they were all equivalent yes i understand i was a massive 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 recovered up uh since they are so volatile so not only did i lose a great deal of cash and i wasn’t able to buy back ins because the cost had actually bounced up but i also can’t bear to believe more that would be worth now today it’s just uh i missed out on i missed out on that one but it’s lesson to discover and sometimes the best lessons in trading are sadly discovered the hard way you won’t forget them when you make an awful error like that so moving on from that if we scroll even more down we have the historical statistics 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 implies as it says here the stars are based on back evaluated results then you have actually got a typical risk rating here on the left hand side and also you can see the number of financiers in this copy portfolio and after that down at the bottom we’ve got some nice charts 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 good charts here which simply show the various allowance but if you in fact want to see the actual holdings you can see the existing holdings in there in the portfolio and their present revenue and loss here um and if you change 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 historic trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the efficiency of this copy portfolio with time so to purchase this you simply click the big button on the leading 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 listed below and i’m simply 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 buying copy portfolio now this copy portfolio did open quickly because it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Does Etoro Works In Nigeria
so if you were to really invest in a copy portfolio that purchased stocks then it would not in fact open those positions 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 investment you can stop briefly the financial investment you can change the stop loss or you can close the investment now if you want to increase the investment something i have actually 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 same for all of them but i took a look at a handful and they did all appear to state it was a thousand that you could include minimum so that’s something certainly to keep in mind when opening your copy portfolio position so i hope this video has been practical to you if you are thinking about purchasing a copy portfolio then please do your own due diligence initially if you’ve got any concerns on this video then please let me know in the remarks let us understand if you purchase copy portfolios and if so which ones or
which ones do you think could be a good financial investment i ‘d love to understand and i read all your remarks if you found this video practical in any way then i ‘d really value an early thumbs up as it really assists support the channel likewise for those of you interested in registering to and haven’t currently then there’s an an affiliate link below where if you do sign up utilizing it then i will get a kickback and it doesn’t cost you anything extra however it actually helps support this channel so why not give a go before depositing any genuine money as they will give you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any genuine cash likewise if you want to discover more about how works or more about personal finance and investing then i have many 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 watching and i’ll capture you in the next one Does Etoro Works In Nigeria