When discussing the platform….Etoro Where Is My Account Number always comes up …Hopefully you will choose something up along the way so what are copy portfolios so generally they are a basket of properties or traders chosen by based upon a chosen style kind of like a tiny etf in some aspects copy portfolios are terrific for diversity and are developed to lessen long-term danger and benefit from existing market opportunities each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading technique upon which it is based typically they are viewed as a medium to long-term financial 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 method and if you look at’s website they really declare that they aim to provide to double-digit yearly returns while reducing the risk connected with the investment now remember past performance isn’t indicative of future results but that is what they intend to do so copy portfolios are type of like an etf
A handled portfolio without the charges although actual professionally handled funds are most likely to be adjusted day-to-day or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing essentially with time the worth of specific properties in a diversified portfolio go up and down where they drift away from their target weights for instance over the long term stocks normally increase faster than etfs so the stock portion of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions periodically to keep the asset allowance ratio and maintain the copy portfolio strategy different copy portfolios rebalance at various times to others so basically you need to take a look at every one separately to discover the rebalancing period once you purchase a copy portfolio your capital is expertly managed by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced automatically occasionally to optimize its gain capacity so firstly there are 3 types now like i stated i’m not going to evaluate every one however perhaps i’ll do that in another video so let me know if this is something you want to see in the remarks if you see here we have market copy portfolios leading trader copy portfolios and partner copy portfolios so market copy portfolios invest in a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or concentrating on a specific market sector as it states here they are developed around an idea performance metric or an algorithm that selects its top carrying out possessions and then next we have actually got the top trader copy portfolios top traders invest in a group of traders these compromise the best performing 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 enhanced for profit then lastly 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 again have a theme so let’s go over a few of the benefits and drawbacks of copying individuals versus copying portfolios so i’m not going to explain what copyrighting is but if you wish to know more about that then go have a look at my video which i’ll place a link to up here and in the description below first of all i would state the main pros of copy portfolios are that they benefit newbies who want a more hands-off method in regards to the market copy portfolios i would state they are terrific if you desire direct exposure to a specific industry where you think the industry will do well as a whole for instance you may desire direct exposure to lots of renewable energy companies or driverless automobiles companies because as a newbie you may not know much about specific stocks to pick it will likewise conserve you time as investigating great deals of individual stocks can be very time consuming so letting do this on your behalf is great this is likewise true for the other two copy portfolio
Can you generate income on the trading platform?
types for instance as a novice you may not know what makes up a good trader to copy if you want to know how i personally find individuals to copy on then go check out my video which i’ll put a link to up here and in the description below choosing a trader based copy portfolio can provide you direct exposure to lots of traders that are selected by algorithmically this is terrific for diversity if you’re new to i personally would not invest all my money in one trader and would attempt to spread it out over a number of them in case one of them doesn’t do well and on the odd celebration this does happen i discovered this through copying a trader when starting out so i was copying this person and at the start he was doing well then he just began to think the market would crash so he started shorting great deals of stocks and it never ever did and it simply kept going up and then he still kept saying that the marketplace was going to crash and it never did so i lost a fair bit of money so this is likewise a caution that your capital Etoro Where Is My Account Number
Why is eToro thought about 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 pleased 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 better than where i would have been six months further down the line so while past efficiency is not prosecuted for future outcomes i have made a few of my most significant revenues in copy portfolios for instance i’ve been purchased the in the game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under 4 years i have actually made an insane 210 earnings likewise in 2015 i invested in the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a whopping 47.08 revenue and that remains 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 insane development i’m getting here on however like i stated past performance is not a sign of future results so undoubtedly there are some small negatives to copy portfolios to start with it is not possible to eliminate a part of the financial investment it’s also not possible to close private positions within a copy portfolio
Is eToro truly complimentary as they say?
so this is my virtual account here so say for instance you didn’t like a particular business or person that the copy portfolio had bought or say for example you wished to close one position to take profits you would require to close the investment totally so that’s something to bear in mind if you’re the type of person who creams the top of the profits off of a financial investment so then potentially you must 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 begins at 1 000 us dollars the entry level on a few of these is rather high all the trader based copy portfolios require at least five thousand us dollars and five thousand us dollars could be a lot so your alternative is to potentially take a look at some of the traders in these coffee portfolios or take a look at the stocks in a copy portfolio and then buy them by hand yourself
certainly 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 definite however my understanding is that on market copy portfolios there isn’t any stop losses on individual positions if someone from etora sees this video and wishes to verify this with me then please feel free to get in contact and after that i’ll put it as the pin remark below now this does not suggest 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 wouldn’t close and respond out a position if there was a crash in the market whereas a genuine individual might react to the marketplace and liquidate positions and potentially buy back in at a lower entry point this might be worth thinking about when picking a market copy portfolio so to purchase copy portfolios
Why do you need 25k to day trade?
you would firstly go to the following link on the left here that says buy copy portfolios this is my virtual account as i said prior to service and after that from here you’ve got the three types 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 offer and there’s loads of different ones in here with great deals of various 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 two in the last 12 months that’s mad so it’s an extremely similar design to a typical asset on with the eat the very first page the description on the right here will normally describe what the copy portfolio’s methodology is and the minimum financial investment amount this must likewise lay out how frequently 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 simply seen here the description on the very first page does not constantly match the description on the second page so to learn the rebalancing if you go on here i have actually just discovered that by searching 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 upon the terms discussed above and the minimum investment
amount is 1000 us dollars so as you can see here on the right hand side we’ve got the property allocation now you really require to remember of this as i learned this the hard way and by this i might discover this in two ways so i in fact invested in one of these crypto copy portfolios a long time ago when i was starting out on and i didn’t check the weightings and i presume they were all equivalent yes i know i was an enormous noob and a novice well among 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 then as cryptos do it recuperated up uh since they are so unpredictable so not just did i lose a lot of money and i wasn’t able to buy back ins due to the fact that the cost had actually bounced up however i also can’t bear to think more that would be worth now today it’s just uh i missed i lost out on that one however it’s lesson to find out and in some cases the best lessons in trading are regrettably learnt the hard way you won’t forget them when you make a horrible error like that so proceeding from that if we scroll even more down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll see there’s some stars next to the numbers
and this indicates as it states here the stars are based on back checked outcomes then you’ve got a typical risk score here on the left hand side and also you can see the number of investors in this copy portfolio and then down at the bottom we have actually got some good charts for net exposure and allotment then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some great charts here which simply show the various allotment but if you really wish to see the real holdings you can see the current 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 historic trades this copy portfolio has closed out of so if we set that to possibly one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the efficiency of this copy portfolio gradually so to purchase this you simply click the huge button on the top right that states invest and then you can set an amount here that you want 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 just know 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 immediately since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Etoro Where Is My Account Number
so if you were to actually buy 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 investment you can pause the investment you can adjust the stop loss or you can close the financial investment now if you wish to increase the financial investment something i have actually noticed when looking 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 know if that’s the same for all of them but i took a look at a handful and they did all seem to say it was a thousand that you might include minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has actually been useful to you if you are thinking about buying 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 believe could be an excellent financial investment i ‘d enjoy to know and i checked out all your comments 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 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 extra but it actually assists support this channel so why not give a go prior to depositing any real money as they will offer you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any genuine cash likewise if you wish to learn 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 subscribe and push the bell icon so you don’t lose out on any future updates it’s been ollie from get geek financing thank you for viewing and i’ll catch you in the next one Etoro Where Is My Account Number