Ill do so let me. Etorro Kyc… 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 buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or concentrating on a particular market segment as it says here they are developed around a concept efficiency metric or an algorithm that picks its leading carrying out assets and then next we have actually got the leading trader copy portfolios top traders invest in a group of traders these compromise the very best carrying out traders on according to a predefined method the traders within are selected by’s investment committee and algorithmically searching for specific trading characteristics that are enhanced for profit then lastly we have actually got a partner copy portfolios these are portfolios developed by third parties that conduct thorough market analysis and has actually partnered with and once again have a style so let’s discuss some of the pros and cons of copying people versus copying portfolios so i’m not going to discuss what copyrighting is but if you would like to know more about that then go check out my video which i’ll position 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 beginners who desire a more hands-off technique in regards to the market copy portfolios i would state they are great if you desire direct exposure to a particular industry where you think the industry will do well as a whole for example you might want exposure to great deals of renewable energy business or driverless automobiles business due to the fact that as a novice you might not know much about private stocks to select it will also conserve you time as investigating lots of specific stocks can be very time taking in so letting do this on your behalf is fantastic this is also real for the other two copy portfolio
Can you earn money on the trading platform?
types for example as a novice you might not know what constitutes a good trader to copy if you want to know how i personally find people to copy on then go check out 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 direct exposure to great deals of traders that are chosen by algorithmically this is terrific for diversification if you’re brand-new to i personally would not invest all my cash 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 celebration this does take place i discovered this through copying a trader when starting out so i was copying this man and at the start he was succeeding then he simply began to believe the market would crash so he started shorting lots of stocks and it never ever did and it simply kept going up and then he still kept stating that the market was going to crash and it never did so i lost quite a bit of cash so this is also a caution that your capital Etorro Kyc
Why is eToro considered to be bad?
Certainly 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 however i took a look 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 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 actually made a few of my most significant earnings in copy portfolios for instance i’ve been purchased the in the game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under 4 years i have made an insane 210 revenue also last year i invested in the big tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 revenue and that 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 today that’s that’s some ridiculous growth i’m getting here on however like i said previous performance is not a sign of future results so clearly there are some small negatives to copy portfolios first of all it is not possible to eliminate a part of the investment it’s likewise not possible to close private positions within a copy portfolio
Is eToro actually totally free as they say?
so this is my virtual account here so state for example you didn’t like a specific company or individual that the copy portfolio had actually purchased or state for instance you wanted to close one position to take earnings you would require to close the investment totally so that’s something to keep in mind if you’re the type of individual who creams the top of the earnings off of an investment so then potentially you should invest straight into stocks or traders that you would want to copy instead of in a copy portfolio also 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 rather high all the trader based copy portfolios need a minimum of five thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly take a look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that buy them by hand 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 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 somebody from etora sees this video and would like to verify 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 however state for instance if you’re copying a market copy portfolio it would not react and close out a position if there was a crash in the market whereas a genuine person might respond to the market and close out positions and possibly redeem in at a lower entry point this may be worth thinking about when choosing 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 invest in copy portfolios this is my virtual account as i said prior to service and then from here you’ve got the three types of copy portfolios that we were talking about before and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of various ones in here with great deals of different themes so it deserves having a browse so state let’s just click this crypto copy portfolio here that with its absolute ridiculous results of 935 area for 2 in the last 12 months that seethes so it’s a very similar design to a normal property on with the feed on 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 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’ve just observed here the description on the first page doesn’t always match the description on the second page so to discover 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 including new listings or de-listing based on the terms pointed out 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 possession allowance now you truly require to bear in mind of this as i discovered this the hard way and by this i might learn this in 2 ways so i in fact purchased among 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 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 hit the stop loss and squandered my position and then as cryptos do it got better up uh since they are so unpredictable so not only did i lose a great deal of money and i wasn’t able to redeem ins because the cost had bounced up however i likewise can’t bear to believe more that would deserve now today it’s just uh i missed i missed out on that one however it’s lesson to find out and in some cases the best lessons in trading are sadly found out the hard way you will not forget them when you make a horrible error like that so moving 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 tested results then you have actually got an average risk score here on the left hand side and likewise you can see the number of financiers in this copy portfolio and then down at the bottom we have actually got some nice charts for net exposure and allowance then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some good charts here which just show the different allotment however if you actually wish to see the real holdings you can see the existing holdings in there in the portfolio and their present profit 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 perhaps one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart revealing the efficiency of this copy portfolio with time so to buy this you simply click the huge button on the top right that says invest and after that you can set a quantity here that you want to put in then you can set a stop loss below and i’m simply 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 buying copy portfolio now this copy portfolio did open immediately due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Etorro Kyc
If you were to in fact invest in a copy portfolio that invested in stocks then it would not really 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 desire 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 do not understand if that’s the same for all of them however i looked at a handful and they did all seem to state it was a thousand that you could include minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has actually been handy to you if you are considering investing in a copy portfolio then please do your own due diligence first if you have actually got any questions on this video then please let me understand in the comments let us know if you invest in copy portfolios and if so which ones or
which ones do you believe could be a good financial investment i ‘d enjoy to understand and i read all your remarks if you found this video helpful in any way then i ‘d actually appreciate an early thumbs up as it actually helps support the channel likewise for those of you thinking about 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 doesn’t cost you anything additional but it really helps support this channel so why not give a go prior to depositing any genuine money as they will provide you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine money also if you want to find out more about how works or more about personal financing 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 watching and i’ll capture you in the next one Etorro Kyc