When discussing the platform….Etoro Open Book Indicator always comes up …Ideally you will choose something up along the way so what are copy portfolios so basically they are a basket of traders or properties chosen by based on a selected theme sort of like a mini etf in some aspects copy portfolios are excellent for diversification and are created to lessen long-lasting risk and make the most of present 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 financial investment automobile but you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are great for beginners who desire a hands-off approach and if you take a look at’s site they in fact declare that they intend to offer up to double-digit annual returns while alleviating the threat connected with the financial investment now keep in mind past performance isn’t a sign of future outcomes however that is what they aim to do so copy portfolios are sort of like an etf
A managed portfolio without the charges although real expertly managed funds are most likely to be changed day-to-day or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically in time the worth of specific assets in a diversified portfolio go up and down where they drift away from their target weights for instance over the long term stocks usually rise quicker than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing system closes and opens positions periodically to keep the property allotment ratio and keep the copy portfolio method different copy portfolios rebalance at various times to others so essentially you require to take a look at every one separately to find out the rebalancing period as soon as you buy a copy portfolio your capital is professionally managed by’s financial investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced instantly occasionally to optimize its gain capacity so firstly there are 3 types now like i said i’m not going to examine every one but perhaps 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 mix of cfd stocks products 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 leading performing properties and then next we’ve got the top trader copy portfolios top traders buy a group of traders these compromise the very best carrying out traders on according to a predefined method the traders within are chosen by’s investment committee and algorithmically looking for particular trading qualities that are enhanced for profit then lastly we have actually got a partner copy portfolios these are portfolios produced by third parties that perform extensive market analysis and has actually partnered with and again have a theme so let’s talk about a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you need to know more about that then go have 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 primary pros of copy portfolios are that they are good for beginners who want a more hands-off technique in regards to the market copy portfolios i would state they are terrific if you want direct exposure to a specific market where you believe the industry will do well as a whole for example you may want exposure to lots of renewable energy business or driverless automobiles business because as a novice you might not know much about individual stocks to select it will likewise save you time as researching lots of specific stocks can be very time consuming so letting do this in your place is fantastic this is likewise real for the other 2 copy portfolio
Can you make money on the trading platform?
types for example as a newbie you may not know what makes up a good trader to copy if you wish to know how i personally discover people to copy on then go check out my video which i’ll put a link to up here and in the description listed below picking a trader based copy portfolio can offer you direct exposure to great deals of traders that are chosen by algorithmically this is terrific 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 beginning so i was copying this man and at the start he was doing well then he simply started to think the market would crash so he started shorting lots of stocks and it never did and it simply kept increasing and then he still kept saying that the marketplace was going to crash and it never ever did so i lost a fair bit of money so this is also a warning that your capital Etoro Open Book Indicator
Why is eToro considered to be bad?
Absolutely 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 delighted 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 much better than where i would have been 6 months further down the line so while previous efficiency is not indicted for future results i have made some of my biggest revenues in copy portfolios for instance i’ve been invested in the in the video game copy portfolio given that 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 earnings likewise in 2015 i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a tremendous 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 outrageous growth i’m getting here on however like i said past efficiency is not a sign of future outcomes so clearly there are some small negatives to copy portfolios first of all it is not possible to get rid of a part of the financial investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro really complimentary as they say?
This is my virtual account here so state for example you didn’t like a specific business or person that the copy portfolio had invested in or state for example you wanted to close one position to take earnings you would require to close the investment completely so that’s something to bear in mind if you’re the kind of individual who creams the top of the profits off of a financial investment so then potentially you ought to invest directly 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 need at least 5 thousand us dollars and 5 thousand us dollars might be a lot so your alternative is to possibly look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them by hand yourself
certainly 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 find this out for guaranteed however 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 wants to confirm this with me then please do not hesitate 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 say for instance if you’re copying a market copy portfolio it would not close and react out a position if there was a crash in the market whereas a genuine individual could respond to the marketplace and liquidate positions and potentially redeem in at a lower entry point this may deserve considering when choosing a market copy portfolio so to invest in copy portfolios
Why do you require 25k to day trade?
you would to start with go to the following link on the left here that says 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 talking 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 lots of various themes so it deserves having a browse so say let’s simply click this crypto copy portfolio here that with its outright outrageous results of 935 spot for two in the last 12 months that’s mad so it’s an extremely similar layout to a normal asset on with the feed on the very first page the description on the right here will normally outline what the copy portfolio’s approach is and the minimum financial investment amount this should 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 simply seen here the description on the first page does not constantly match the description on the second page so to learn the rebalancing if you go on here i’ve just found 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 upon 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 have actually got the property allocation now you truly need to remember of this as i discovered this the hard way and by this i might discover this in 2 ways so i in fact invested in one of these crypto copy portfolios a very long time ago when i was beginning 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 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 volatile so not just did i lose a lot of cash and i wasn’t able to redeem ins because the price had bounced up however i likewise can’t bear to think more that would be worth now today it’s simply uh i missed i lost out on that one but it’s lesson to learn and sometimes the very best lessons in trading are unfortunately found out the hard way you won’t forget them when you make a horrible mistake 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 implies as it says here the stars are based on back tested results then you have actually got a typical threat score here on the left hand side and likewise you can see the variety of financiers in this copy portfolio and after that down at the bottom we’ve got some good charts for net exposure and allowance then if you click the portfolio here you can see the existing holdings in the portfolio and you’ve got some great graphs here which just reveal the different allocation however if you really want to see the real holdings you can see the existing holdings in there in the portfolio and their current profit and loss here um and if you change this bit here you can see the historical trades this copy portfolio has closed out 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 efficiency of this copy portfolio over time so to buy this you just click the big button on the leading 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 simply 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 began investing in copy portfolio now this copy portfolio did open quickly because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Etoro Open Book Indicator
so if you were to really purchase 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 investment you can change the stop loss or you can close the financial investment now if you wish to increase the investment something i have actually noticed when taking a look at a bunch of these is that the minimum amount 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 certainly to keep in mind when opening your copy portfolio position so i hope this video has actually been valuable to you if you are thinking about investing in a copy portfolio then please do your own due diligence initially if you have actually got any concerns on this video then please let me know in the remarks let us understand if you purchase copy portfolios and if so which ones or
which ones do you think could be a great financial investment i ‘d like to know and i checked out all your remarks if you discovered this video useful in any way then i ‘d actually appreciate an early thumbs up as it really assists 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 does not cost you anything additional however it actually helps support this channel so why not give a go prior to depositing any genuine money as they will provide you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any real money also if you wish to find out more about how works or more about personal finance 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 do not miss 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 Etoro Open Book Indicator