When discussing the platform….this always comes up Etoro Equivalent…Hopefully you will pick something up along the way so what are copy portfolios so essentially they are a basket of traders or assets selected by based on a selected theme sort of like a small etf in some aspects copy portfolios are fantastic for diversification and are created to reduce long-lasting danger and benefit from existing market chances each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading method upon which it is based normally they are seen as a medium to long-lasting financial investment vehicle but you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are excellent for beginners who want a hands-off method and if you take a look at’s website they in fact claim that they intend to offer up to double-digit annual returns while alleviating the danger connected with the investment now bear in mind previous performance isn’t indicative of future results however that is what they aim to do so copy portfolios are type of like an etf
A handled portfolio without the fees although real professionally handled funds are most likely to be changed everyday or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing basically with time the value of specific assets in a diversified portfolio move up and down where they drift away from their target weights for example over the long term stocks usually 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 property allotment ratio and preserve the copy portfolio strategy different copy portfolios rebalance at various times to others so generally you need to look at each one individually to learn the rebalancing period once you invest in a copy portfolio your capital is professionally managed by’s investment committee each copy portfolio’s performance is evaluated in depth and rebalanced immediately regularly to maximize its gain capacity so first of all there are 3 types now like i said i’m not going to evaluate each one but perhaps i’ll do that in another video so let me know if this is something you would like to see in the comments 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 concentrating on a particular market sector 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 have actually got the leading trader copy portfolios leading traders invest in 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’ve got a partner copy portfolios these are portfolios produced by 3rd parties that perform comprehensive market analysis and has partnered with and once again have a theme so let’s go over a few of the pros and cons 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 have a look at my video which i’ll put a link to up here and in the description listed below firstly i would state the main pros of copy portfolios are that they are good for novices who want a more hands-off technique in regards to the market copy portfolios i would say they are terrific if you desire direct exposure to a specific market where you believe the industry will do well as a whole for example you might want exposure to lots of renewable energy companies or driverless cars and trucks business since as a beginner you may not know much about private stocks to choose it will likewise save you time as researching great deals of private stocks can be extremely time consuming so letting do this in your place is excellent this is likewise true for the other two copy portfolio
Can you earn money on the trading platform?
types for example as a newbie you may not know what makes up a great 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 give you direct exposure to lots of traders that are picked by algorithmically this is excellent for diversification if you’re new to i personally would not invest all my money in one trader and would attempt to spread it out over a number of them in case among them doesn’t succeed and on the odd event this does happen i learnt this through copying a trader when beginning so i was copying this person and at the start he was doing well then he simply started to think the marketplace would crash so he started shorting great deals of stocks and it never ever did and it simply kept going up and after that he still kept saying that the market was going to crash and it never did so i lost a fair bit of money so this is also a warning that your capital Etoro Equivalent
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 pleased about however i looked at that trader even more 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 performance is not arraigned for future outcomes i have made a few of my most significant earnings in copy portfolios for instance i have actually been purchased the in the video game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under 4 years i have actually made a crazy 210 revenue likewise last year i bought the big tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 revenue and that is in just 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 insane growth i’m getting here on but like i said previous efficiency is not a sign of future outcomes so obviously there are some small negatives to copy portfolios firstly it is not possible to eliminate a part of the investment it’s also not possible to close private positions within a copy portfolio
Is eToro really totally free as they state?
This is my virtual account here so state for example you didn’t like a specific business or person that the copy portfolio had actually invested in or state for example you desired to close one position to take profits 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 earnings off of an investment so then possibly you should invest straight into stocks or traders that you would desire 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 five thousand us dollars might be a lot so your option 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 by hand yourself
obviously if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another negative of copy portfolios and i could not find this out for guaranteed however my understanding is that on market copy portfolios there isn’t any stop losses on private positions if someone from etora sees this video and would like to verify this with me then please do not hesitate 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 however state for example if you’re copying a market copy portfolio it wouldn’t close and respond out a position if there was a crash in the market whereas a real person could react to the market and liquidate positions and potentially buy back in at a lower entry point this may be worth thinking about when selecting a market copy portfolio so to invest in copy portfolios
Why do you require 25k to day trade?
you would first of all 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’ve got the three kinds of copy portfolios that we were discussing before and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of different ones in here with lots of various themes so it deserves having a browse so say let’s simply click this crypto copy portfolio here that with its outright insane outcomes of 935 spot for 2 in the last 12 months that seethes so it’s an extremely similar layout to a regular property on with the feed upon the very first page the description on the right here will typically detail what the copy portfolio’s approach is and the minimum financial investment amount this ought to likewise lay out how frequently 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’ve just noticed here the description on the very first page does not always match the description on the second page so to find out the rebalancing if you go on here i’ve just found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion consisting of new listings or de-listing based upon the terms mentioned above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we have actually got the asset allotment now you truly require to take note of this as i learned this the hard way and by this i might learn this in two methods so i really invested in one of these crypto copy portfolios a long period of time ago when i was starting on and i didn’t inspect the weightings and i presume they were all equivalent yes i know i was a massive noob and a rookie well one of these cryptos was more greatly weighted than the others which 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 bounced back up uh since they are so unpredictable so not just did i lose a great deal of money and i wasn’t able to redeem ins due to the fact that the price had bounced up but i likewise 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 regrettably found out the hard way you will not forget them when you make an awful mistake like that so proceeding from that if we scroll further down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll discover there’s some stars next to the numbers
and this suggests as it says here the stars are based on back tested outcomes then you’ve got a typical risk score here on the left hand side and likewise you can see the number of investors in this copy portfolio and then down at the bottom we’ve got some good charts for net direct exposure and allotment then if you click the portfolio here you can see the existing holdings in the portfolio and you have actually got some good graphs here which just show the different allotment but if you in fact want to see the real holdings you can see the current holdings in there in the portfolio and their current profit and loss here um and if you alter this bit here you can see the historical trades this copy portfolio has actually liquidated of so if we set that to possibly one year you can see the historic trades this copy portfolio has actually liquidated of then on the last tab we have a chart revealing the efficiency of this copy portfolio in time so to invest in this you simply click the huge button on the leading right that says invest and then you can set a quantity here that you want 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 began investing in copy portfolio now this copy portfolio did open immediately due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m taping this video on a sunday Etoro Equivalent
so if you were to actually invest in a copy portfolio that bought 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 investment you can stop briefly the investment you can change the stop loss or you can close the investment now if you wish to increase the investment something i have noticed when taking a look at a lot of these is that the minimum quantity 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 but 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 definitely to bear in mind when opening your copy portfolio position so i hope this video has been practical to you if you are considering 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 comments let us understand if you buy copy portfolios and if so which ones or
which ones do you believe could be an excellent financial investment i ‘d love to know and i read all your remarks if you found this video helpful in any way then i ‘d truly appreciate an early thumbs up as it truly helps 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 utilizing it then i will get a kickback and it doesn’t cost you anything extra however it truly helps support this channel so why not give a go before depositing any real money as they will provide you a demo account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any genuine cash also 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 advise you check them out so please push the bell and subscribe icon so you don’t miss out on any future updates it’s been ollie from get geek financing thank you for viewing and i’ll capture you in the next one Etoro Equivalent