When discussing the platform….Does Etoro Ask For Social Security Number always comes up …Ideally you will pick something up along the way so what are copy portfolios so essentially they are a basket of possessions or traders chosen by based upon a selected theme type of like a mini etf in some aspects copy portfolios are great for diversity and are designed to minimize long-term 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 typically they are viewed as a medium to long-lasting 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 excellent for novices who want a hands-off technique and if you take a look at’s site they really declare that they aim to offer up to double-digit annual returns while reducing the risk connected with the investment now remember past efficiency isn’t a sign 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 costs although real expertly managed funds are most likely to be adjusted everyday or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically gradually the worth of individual properties in a varied portfolio move up and down where they drift away from their target weights for example over the long term stocks usually increase much faster 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 possession allotment ratio and keep the copy portfolio technique various copy portfolios rebalance at various times to others so essentially you need to look at every one individually to find out the rebalancing duration as soon as you purchase a copy portfolio your capital is professionally handled by’s investment committee each copy portfolio’s performance is examined in depth and rebalanced automatically periodically to maximize its gain potential so firstly there are 3 types now like i stated i’m not going to examine each one but possibly i’ll do that in another video so let me understand if this is something you would like to see in the remarks if you see here we have market copy portfolios top trader copy portfolios and partner copy portfolios so market copy portfolios buy a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market segment as it says here they are constructed around a concept efficiency metric or an algorithm that chooses its top performing possessions and after that next we have actually got the leading trader copy portfolios leading traders buy a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are selected by’s investment committee and algorithmically looking for specific trading qualities that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios developed by third parties that conduct extensive market analysis and has partnered with and again have a style so let’s discuss a few of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to describe what copyrighting is however if you need to know more about that then go take a look at my video which i’ll position a link to up here and in the description below to start with i would say the primary pros of copy portfolios are that they benefit novices who want a more hands-off approach in regards to the marketplace copy portfolios i would say they are fantastic if you want direct exposure to a particular market where you believe the industry will succeed as a whole for example you may desire exposure to lots of renewable resource companies or driverless cars and trucks companies because as a newbie you might not know much about individual stocks to choose it will likewise save you time as researching lots of specific stocks can be very time taking in so letting do this on your behalf is excellent this is also true for the other two copy portfolio
Can you generate income on the trading platform?
types for example as a novice you might not know what constitutes a good trader to copy if you need to know how i personally discover 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 listed below choosing a trader based copy portfolio can give you exposure to lots 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 variety of them in case among them doesn’t do well and on the odd event this does occur i learnt this through copying a trader when starting out so i was copying this man and at the start he was succeeding then he just started to believe the marketplace would crash so he began shorting lots of stocks and it never ever did and it simply kept increasing and then he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of money so this is likewise a warning that your capital Does Etoro Ask For Social Security Number
Why is eToro thought about to be bad?
Definitely at risk eventually 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 delighted about however i looked at that trader further down the line and he continued to lose more cash 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 arraigned for future results i have made some of my most significant earnings in copy portfolios for instance i’ve 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 ridiculous 210 profit also in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has made a tremendous 47.08 earnings 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 previous efficiency is not indicative of future outcomes so certainly there are some minor 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 free as they state?
so this is my virtual account here so say for example you didn’t like a particular company or individual that the copy portfolio had actually bought or state for instance you wished to close one position to take revenues you would require to close the investment completely so that’s something to remember if you’re the sort of person who creams the top of the profits off of an investment so then perhaps you need to invest directly into stocks or traders that you would wish 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 rather high all the trader based copy portfolios need a minimum of five thousand us dollars and 5 thousand us dollars could be a lot so your option is to potentially take a look at a few of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and then invest in them manually yourself
obviously if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another unfavorable 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 somebody from etora sees this video and wishes to confirm this with me then please feel free to get in contact and after that 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 however state for example if you’re copying a market copy portfolio it would not close and respond out a position if there was a crash in the market whereas a genuine person could react to the marketplace and liquidate positions and potentially redeem in at a lower entry point this might deserve thinking about when choosing a market copy portfolio so to invest in copy portfolios
Why do you need 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 before service and then from here you have actually got the 3 types of copy portfolios that we were speaking about 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 great deals of various themes so it’s worth having a browse so state let’s just click on this crypto copy portfolio here that with its outright ridiculous results of 935 area for 2 in the last 12 months that seethes so it’s a very comparable layout to a normal property on with the feed upon the very first page the description on the right here will typically detail what the copy portfolio’s methodology is and the minimum financial investment quantity this must also lay out how often 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 simply discovered 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’ve 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 investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the asset allowance now you actually need to bear in mind of this as i learned this the hard way and by this i might learn this in 2 methods so i in fact bought among these crypto copy portfolios a long period of time ago when i was starting on and i didn’t examine 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 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 bounced back up uh due to the fact that they are so volatile so not only did i lose a lot of cash and i wasn’t able to buy back ins because the rate had bounced up however i also can’t bear to think more that would be worth now today it’s simply uh i missed out on i missed out on that one however it’s lesson to discover and often the very best lessons in trading are sadly discovered the hard way you won’t forget them when you make a horrible error like that so carrying on from that if we scroll even more down we have the historic stats of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars next to the numbers
and this means as it states here the stars are based upon back checked results then you’ve got an average risk score here on the left hand side and likewise you can see the variety of investors in this copy portfolio and then down at the bottom we’ve got some good graphs for net exposure and allocation then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some great charts here which just show the various allotment however if you really want to see the real holdings you can see the existing holdings in there in the portfolio and their present revenue and loss here um and if you change this bit here you can see the historic trades this copy portfolio has closed out of so if we set that to perhaps one year you can see the historic trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the efficiency of this copy portfolio over time so to invest in this you simply click the huge button on the top right that states invest and after that you can set a quantity here that you wish to put in then you can set a stop loss listed below and i’m just going to leave that at 400 this is my virtual account feel in one’s bones there is a minimum and an optimum on the stop loss here so if i press the invest here and now it started investing in copy portfolio now this copy portfolio did open straight away since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Does Etoro Ask For Social Security Number
If you were to actually invest in a copy portfolio that invested in stocks then it would not really 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 financial investment now if you want to increase the investment one thing i have actually noticed when looking at a bunch of these is that the minimum quantity you can include to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the very 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 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 helpful to you if you are considering investing in a copy portfolio then please do your own due diligence first if you’ve got any concerns 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 like to know and i read all your comments if you found this video useful in any way then i ‘d truly appreciate an early thumbs up as it actually helps support the channel likewise for those of you interested in registering to and haven’t currently then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it doesn’t cost you anything extra however it actually helps support this channel so why not give a go prior to depositing any genuine money as they will give you a demonstration 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 learn more about how works or more about personal finance and investing then i have various videos on my channel so i advise you check them out so please push the bell and subscribe icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll capture you in the next one Does Etoro Ask For Social Security Number