When discussing the platform….this always comes up How To Open A Cryptocurrency Account…Hopefully you will choose something up along the way so what are copy portfolios so essentially they are a basket of properties or traders selected by based upon a selected style kind of like a mini etf in some aspects copy portfolios are terrific for diversification and are created to decrease long-lasting danger and benefit from current market opportunities each copy portfolio is occasionally rebalanced in order to get the most out of the thematic trading technique upon which it is based usually they are viewed as a medium to long-term financial investment car however you can stop your investment at any point at the existing market rates as long as the marketplaces are open copy portfolios are fantastic for novices who want a hands-off method and if you take a look at’s website they in fact declare that they aim to provide to double-digit annual returns while reducing the threat associated with the financial investment now remember past performance isn’t indicative of future results but that is what they aim to do so copy portfolios are sort of like an etf
A handled portfolio without the fees although actual professionally managed funds are likely to be adjusted day-to-day or on much shorter intervals whereas these are re-balanced at longer periods so what is rebalancing basically over time the value of specific properties in a varied portfolio move up and down where they drift away from their target weights for example over the long term stocks typically increase 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 regularly to keep the asset allocation ratio and preserve the copy portfolio method various copy portfolios rebalance at various times to others so essentially you require to look at each one separately to learn the rebalancing duration once you invest in a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced automatically regularly to maximize its gain potential so first of all there are 3 types now like i stated i’m not going to examine every 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 commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market section as it states here they are developed around a concept efficiency metric or an algorithm that selects its top carrying out properties and then next we’ve got the leading trader copy portfolios leading traders invest in 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 looking for particular trading qualities that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios produced by 3rd parties that carry out comprehensive market analysis and has actually partnered with and once again have a theme so let’s talk about some of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to describe what copyrighting is but if you need to know more about that then go have a look at my video which i’ll position a link to up here and in the description below first of all i would state the primary pros of copy portfolios are that they are good for newbies who desire a more hands-off approach in regards to the market copy portfolios i would say they are fantastic if you want direct exposure to a specific industry where you think the market will do well as a whole for instance you may desire exposure to lots of renewable energy business or driverless cars and trucks business due to the fact that as a novice you might not know much about specific stocks to pick it will likewise save you time as researching lots of specific stocks can be extremely time taking in so letting do this in your place is great this is also real for the other two copy portfolio
Can you make money on the trading platform?
types for instance as a newbie you may not know what constitutes an excellent trader to copy if you wish to know how i personally find 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 choosing a trader based copy portfolio can offer you direct exposure to lots of traders that are picked by algorithmically this is terrific for diversification if you’re new to i personally would not invest all my cash in one trader and would attempt to spread it out over a variety of them in case one of them doesn’t succeed and on the odd occasion this does take place i discovered this through copying a trader when starting so i was copying this man and at the start he was doing well then he simply began to think the market would crash so he started shorting great deals of stocks and it never did and it simply kept increasing and after that 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 How To Open A Cryptocurrency Account
Why is eToro considered to be bad?
Definitely at risk eventually i had to cut my losses with this trader and i think i wound up losing over a thousand dollars in the end which i was not pleased about but 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 prosecuted for future outcomes i have made a few of my biggest profits in copy portfolios for example i’ve been invested in the in the game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have actually made an insane 210 earnings also in 2015 i bought the huge tech copy portfolio in january 2020 and now 16 months later this has actually made a massive 47.08 earnings which is 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 right now that’s that’s some ridiculous growth i’m getting here on however like i said past performance is not a sign of future outcomes so clearly there are some minor 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 actually totally free as they state?
so this is my virtual account here so state for instance you didn’t like a particular business or person that the copy portfolio had invested in or say for instance you wanted to close one position to take revenues you would need to close the financial investment entirely so that’s something to remember if you’re the kind of person who creams the top of the revenues off of a financial investment so then perhaps you should invest directly into stocks or traders that you would wish to copy instead of 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 a few of these is quite high all the trader based copy portfolios need at least 5 thousand us dollars and five thousand us dollars could 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 purchase them manually yourself
obviously if you did this you would not get any rebalancing as you would on a copy portfolio now potentially another negative of copy portfolios and i could not find this out for definite 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 wishes to validate this with me then please feel free to get in contact and then i’ll put it as the pin remark listed below now this doesn’t mean 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 react and close out a position if there was a crash in the market whereas a genuine person might react to the marketplace and close out positions and potentially redeem in at a lower entry point this might be worth thinking about when picking 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 states purchase copy portfolios this is my virtual account as i said before service and after that from here you’ve got the three 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 offer and there’s loads of different ones in here with lots of different themes so it deserves having a browse so say let’s just click on this crypto copy portfolio here that with its outright outrageous outcomes of 935 spot for two in the last 12 months that seethes so it’s a very similar design to a regular asset on with the feed on the very first page the description on the right here will normally describe what the copy portfolio’s methodology is and the minimum investment quantity this should also detail 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 just 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 have actually just discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion including new listings or de-listing based on the terms pointed out above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the possession allowance now you really require to take note of this as i learned this the hard way and by this i may discover this in 2 methods so i actually invested in one of these crypto copy portfolios a long period of time ago when i was beginning 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 heavily weighted than the others which one tanked whereas the others didn’t it then hit 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 unstable so not just did i lose a great deal of money and i wasn’t able to redeem ins because the cost had bounced up however i also can’t bear to believe more that would deserve now today it’s simply uh i missed i lost out on that one however it’s lesson to learn and in some cases the best lessons in trading are sadly found out the hard way you won’t forget them when you make a terrible error like that so proceeding 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 observe there’s some stars beside the numbers
and this suggests as it says here the stars are based upon back checked outcomes then you’ve 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 then down at the bottom we have actually got some great charts for net exposure and allotment then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some great graphs here which just show the different allocation but if you in fact wish to see the real holdings you can see the current holdings in there in the portfolio and their current earnings and loss here um and if you change this bit here you can see the historical trades this copy portfolio has liquidated of so if we set that to maybe one year you can see the historical trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio with time so to purchase this you simply click the big button on the leading right that states invest and after that you can set an amount 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 began investing in copy portfolio now this copy portfolio did open immediately because it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday How To Open A Cryptocurrency Account
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 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 investment now if you want to increase the investment one thing i have actually discovered when looking at a bunch of these is that the minimum amount you can include to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the exact same for all of them but 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 practical to you if you are thinking about investing in 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 remarks let us know if you invest in copy portfolios and if so which ones or
which ones do you believe could be a good investment i ‘d enjoy to understand and i read all your comments if you discovered this video useful in any way then i ‘d really appreciate an early thumbs up as it truly helps support the channel likewise for those of you thinking about signing up to and haven’t already then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it does not cost you anything additional but it really assists support this channel so why not give a go before depositing any genuine cash 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 money likewise if you wish to find out more about how works or more about personal financing and investing then i have various videos on my channel so i recommend 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 finance thank you for watching and i’ll catch you in the next one How To Open A Cryptocurrency Account