When discussing the platform….this always comes up Etoro Vs Questrade…Hopefully you will choose something up along the way so what are copy portfolios so essentially they are a basket of traders or possessions selected by based upon a chosen theme type of like a mini etf in some respects copy portfolios are great for diversity and are designed to reduce long-lasting danger and benefit from present market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading method upon which it is based generally they are seen as a medium to long-term investment vehicle however you can stop your financial investment at any point at the present market rates as long as the markets are open copy portfolios are great for newbies who desire a hands-off method and if you look at’s website they really claim that they aim to offer up to double-digit yearly returns while reducing the risk related to the financial 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 sort of like an etf
A managed portfolio without the costs although actual expertly handled funds are likely to be changed day-to-day or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing basically in time the value of individual possessions in a varied portfolio go up and down where they drift away from their target weights for example over the long term stocks generally rise faster than etfs so the stock portion of your portfolio will go up relative to the etf part the rebalancing mechanism closes and opens positions occasionally to keep the asset allocation ratio and keep the copy portfolio technique various copy portfolios rebalance at various times to others so generally you need to look at every one individually to find out the rebalancing period when you purchase a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s efficiency is examined in depth and rebalanced instantly occasionally to optimize its gain potential so first of all there are 3 types now like i said i’m not going to evaluate each one however maybe 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 purchase a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market strategy or focusing on a specific market segment as it states here they are constructed around a concept efficiency metric or an algorithm that chooses its top carrying out assets and after that next we have actually got the leading trader copy portfolios top traders buy a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically trying to find particular trading qualities 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 carry out comprehensive market analysis and has partnered with and again have a style so let’s talk about some of the pros and cons of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you want to know more about that then go check out my video which i’ll put 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 newbies who want a more hands-off method in regards to the marketplace copy portfolios i would say they are great if you want direct exposure to a particular market where you think the industry will succeed as a whole for instance you might desire direct exposure to lots of renewable energy companies or driverless cars and trucks companies because as a novice you may not know much about private stocks to choose it will likewise save you time as investigating great deals of private stocks can be really time taking in so letting do this on your behalf is excellent this is also real for the other two copy portfolio
Can you earn money on the trading platform?
types for example as a beginner you might not know what constitutes an excellent 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 listed below selecting a trader based copy portfolio can give you direct exposure to great deals of traders that are chosen by algorithmically this is fantastic for diversification if you’re new to i personally would not invest all my money in one trader and would try to spread it out over a number of them in case among them doesn’t do well and on the odd event this does take place 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 began to believe the marketplace would crash so he started shorting lots of stocks and it never ever did and it simply kept going up and after that he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of cash so this is likewise a caution that your capital Etoro Vs Questrade
Why is eToro considered to be bad?
Absolutely at risk eventually i had to cut my losses with this trader and i believe i ended up losing over a thousand dollars in the end which i was not happy about but 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 previous performance is not indicted for future results i have made a few of my greatest profits in copy portfolios for instance i have actually been bought the in the game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have made an insane 210 profit also last year i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has actually made a massive 47.08 revenue which 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 today that’s that’s some insane growth i’m getting here on but like i stated past performance is not a sign of future results so clearly there are some small negatives to copy portfolios firstly it is not possible to eliminate 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 say?
This is my virtual account here so state for example you didn’t like a specific company or individual that the copy portfolio had invested in or state for example you wanted to close one position to take revenues you would need to close the financial investment totally so that’s something to bear in mind if you’re the kind of person who creams the top of the earnings off of a financial 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 begins at 1 000 us dollars the entry level on some of these is rather 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 option 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 discover this out for certain but 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 comment below now this doesn’t mean you can’t personally set a stop loss on the copy portfolio yourself but state for instance if you’re copying a market copy portfolio it wouldn’t react and close out a position if there was a crash in the market whereas a real person could react to the marketplace and close out positions and possibly redeem in at a lower entry point this might deserve thinking about when picking a market copy portfolio so to buy copy portfolios
Why do you require 25k to day trade?
you would firstly go to the following link on the left here that states purchase copy portfolios this is my virtual account as i said 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 deal and there’s loads of different ones in here with great deals of various themes so it’s worth having a browse so state let’s simply click this crypto copy portfolio here that with its absolute insane outcomes of 935 spot for 2 in the last 12 months that’s mad so it’s a really similar layout to a regular property on with the feed on the very first page the description on the right here will generally describe what the copy portfolio’s approach is and the minimum investment amount this must likewise 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 find out 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 investment committee discretion consisting of new listings or de-listing based on the terms discussed above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the property allotment now you actually require to bear in mind of this as i learned this the hard way and by this i might learn this in two methods so i actually purchased one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t examine the weightings and i presume they were all equal yes i know i was a massive noob and a rookie well one of 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 because they are so volatile so not just did i lose a lot of cash and i wasn’t able to buy back ins because the price had bounced up however i also can’t bear to believe more that would be worth now today it’s just uh i missed out on i lost out on that one but it’s lesson to discover and often the best lessons in trading are regrettably learnt the hard way you will not forget them when you make a horrible error like that so carrying on 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 observe there’s some stars next to the numbers
and this means as it states here the stars are based on back evaluated outcomes then you have actually got an average danger score here on the left hand side and also you can see the variety of financiers in this copy portfolio and then down at the bottom we have actually got some great charts for net direct exposure and allocation then if you click the portfolio here you can see the current holdings in the portfolio and you’ve got some great graphs here which just reveal the different allowance however if you actually want to see the real holdings you can see the current holdings in there in the portfolio and their existing revenue 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 revealing the performance of this copy portfolio in time so to buy this you just click the big button on the top right that says invest and then 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 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 immediately because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Etoro Vs Questrade
so if you were to actually buy 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 stop briefly the investment you can change the stop loss or you can close the investment now if you want to increase the investment one thing i have actually seen when taking a look at a lot 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 appear to say it was a thousand that you could add minimum so that’s something certainly to remember when opening your copy portfolio position so i hope this video has been handy to you if you are thinking about purchasing a copy portfolio then please do your own due diligence first if you’ve got any questions on this video then please let me understand in the comments let us know if you purchase copy portfolios and if so which ones or
which ones do you believe could be a great financial investment i ‘d enjoy to know and i checked out all your remarks if you found this video helpful in any way then i ‘d really value an early thumbs up as it actually helps support the channel also for those of you interested in signing up to and have not currently 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 however it actually assists support this channel so why not give a go prior to depositing any real cash as they will give you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any real money also if you wish to learn more about how works or more about personal financing and investing then i have numerous videos on my channel so i recommend you check them out so please subscribe and push the bell 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 Vs Questrade