When discussing the platform….this always comes up Etoro Millionaire…Ideally you will select something up along the way so what are copy portfolios so basically they are a basket of traders or assets chosen by based upon a chosen style type of like a tiny etf in some respects copy portfolios are excellent for diversity and are designed to lessen long-lasting threat and make the most of current market opportunities 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 viewed as a medium to long-lasting financial investment vehicle however you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are terrific for beginners who desire a hands-off technique and if you take a look at’s website they really claim that they intend to provide to double-digit annual returns while mitigating the risk related to the investment now remember past efficiency isn’t indicative of future results but that is what they aim to do so copy portfolios are sort of like an etf
A managed portfolio without the charges although actual expertly handled funds are likely to be adjusted daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing generally gradually the value of private properties in a varied portfolio go up and down where they drift away from their target weights for example over the long term stocks normally rise quicker than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions periodically to keep the asset allowance ratio and keep the copy portfolio strategy different copy portfolios rebalance at various times to others so essentially you need to take a look at each one individually to find out the rebalancing period as soon as you buy a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s performance is examined in depth and rebalanced immediately regularly to optimize its gain potential so first of all there are 3 types now like i said i’m not going to examine each one but maybe 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 leading trader copy portfolios and partner copy portfolios so market copy portfolios buy a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market segment as it states here they are built around a concept efficiency metric or an algorithm that chooses its top carrying out possessions and after that next we’ve got the top trader copy portfolios leading traders invest in a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are picked by’s investment committee and algorithmically looking for specific trading characteristics that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios created by 3rd parties that carry out thorough market analysis and has partnered with and again have a style so let’s go over 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 need to know more about that then go take a look at my video which i’ll put a link to up here and in the description below to start with i would say the main pros of copy portfolios are that they are good for newbies who want a more hands-off approach in regards to the marketplace copy portfolios i would state they are excellent if you want direct exposure to a specific market where you believe the industry will do well as a whole for instance you may desire exposure to lots of renewable energy companies or driverless automobiles companies due to the fact that as a novice you might not know much about private stocks to pick it will likewise conserve you time as investigating great deals of individual stocks can be very time taking in so letting do this on your behalf is terrific this is likewise true for the other 2 copy portfolio
Can you make money on the trading platform?
types for example as a novice you might not know what makes up a great trader to copy if you want to know how i personally find people to copy on then go have 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 lots of traders that are picked by algorithmically this is terrific for diversity if you’re brand-new to i personally would not invest all my money in one trader and would attempt to spread it out over a variety of them in case among them does not do well and on the odd occasion this does happen i discovered this through copying a trader when starting so i was copying this person and at the start he was succeeding then he just started to believe the market would crash so he began shorting great deals of stocks and it never ever did and it simply kept going up and then he still kept saying that the market was going to crash and it never ever did so i lost a fair bit of cash so this is likewise a caution that your capital Etoro Millionaire
Why is eToro considered to be bad?
Definitely at risk eventually i had 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 money so cutting my losses at that point i did was much better than where i would have been six months even more down the line so while past performance is not prosecuted for future outcomes i have actually made some of my biggest revenues in copy portfolios for example i’ve been bought the in the video game copy portfolio because 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 profit likewise in 2015 i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 earnings which remains 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 however like i said previous efficiency is not indicative of future results so undoubtedly there are some small negatives to copy portfolios first of all 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 complimentary as they state?
This is my virtual account here so say for example you didn’t like a specific business or person that the copy portfolio had invested in or say for example you wanted to close one position to take profits you would require to close the financial investment entirely so that’s something to bear in mind if you’re the kind of person who creams the top of the profits off of a financial investment so then potentially you ought to invest straight into stocks or traders that you would desire to copy rather than in a copy portfolio also while some 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 require at least five thousand us dollars and 5 thousand us dollars might be a lot so your alternative is to potentially 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 negative of copy portfolios and i couldn’t find this out for guaranteed 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 do not hesitate to get in contact and then i’ll put it as the pin remark listed below now this does not indicate 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 close and react out a position if there was a crash in the market whereas a real person could react to the marketplace and liquidate positions and possibly buy back in at a lower entry point this might deserve considering when picking a market copy portfolio so to purchase 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 says invest in copy portfolios this is my virtual account as i said prior to service and then from here you have actually got the 3 types of copy portfolios that we were speaking about previously 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 great deals of different themes so it’s worth having a browse so say let’s just click 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 really similar layout to a normal property on with the feed upon the very first page the description on the right here will normally detail what the copy portfolio’s methodology is and the minimum investment quantity this need to also describe how typically 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 just observed here the description on the very first page does not always match the description on the 2nd page so to find out the rebalancing if you go on here i have actually just discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of brand-new listings or de-listing based on the terms pointed out above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we have actually got the property allowance now you actually need to remember of this as i learned this the hard way and by this i may learn this in two ways so i in fact purchased one of these crypto copy portfolios a very 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 a massive noob and a novice well one of these cryptos was more heavily 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 then as cryptos do it recovered up uh due to the fact that they are so unpredictable 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 likewise can’t bear to think more that would be worth now today it’s just uh i missed i lost out on that one however it’s lesson to learn and in some cases the very best lessons in trading are unfortunately found out the hard way you won’t forget them when you make a terrible error like that so carrying on 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 notice there’s some stars beside the numbers
and this means as it states here the stars are based upon back evaluated outcomes then you have actually got an average danger 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 the portfolio here you can see the present holdings in the portfolio and you’ve got some nice graphs here which simply show the different allotment however if you really wish to see the real holdings you can see the present holdings in there in the portfolio and their present revenue 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 perhaps one year you can see the historic trades this copy portfolio has closed out of then on the last tab we have a chart revealing the performance of this copy portfolio gradually so to purchase 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 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 purchasing copy portfolio now this copy portfolio did open quickly since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Etoro Millionaire
If you were to in fact invest in a copy portfolio that invested in stocks then it would not in fact open those positions 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 financial investment you can adjust the stop loss or you can close the financial investment now if you want to increase the financial investment one thing i have noticed when looking at a lot 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 very same for all of them however i looked at a handful and they did all appear to say it was a thousand that you could add minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has been valuable to you if you are thinking about investing in a copy portfolio then please do your own due diligence initially if you’ve got any questions on this video then please let me understand 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 good investment i ‘d love to understand and i read all your comments if you found this video helpful in any way then i ‘d truly value an early thumbs up as it truly assists support the channel likewise for those of you thinking about registering to and haven’t currently then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it does not cost you anything extra however it actually helps support this channel so why not give a go before transferring any genuine money as they will offer 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 real cash likewise if you want to learn more about how works or more about personal financing and investing then i have many videos on my channel so i recommend you check them out so please subscribe and push the bell icon so you do not lose out on any future updates it’s been ollie from get geek financing thank you for viewing and i’ll catch you in the next one Etoro Millionaire