When discussing the platform….Is Etoro Good For Bitcoin always comes up …Ideally you will select something up along the way so what are copy portfolios so basically they are a basket of traders or assets chosen by based on a chosen theme sort of like a tiny etf in some respects copy portfolios are great for diversification and are created to lessen long-term danger and take advantage of existing market opportunities each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading method upon which it is based generally they are seen as a medium to long-lasting financial investment lorry however you can stop your investment at any point at the present 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 site they actually claim that they aim to offer up to double-digit yearly returns while reducing the threat connected with the investment now bear in mind previous performance isn’t indicative of future outcomes however that is what they intend to do so copy portfolios are sort of like an etf
A handled portfolio without the charges although actual professionally handled funds are likely to be changed day-to-day or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing generally over time the value of individual possessions in a diversified portfolio go up and down where they drift away from their target weights for example over the long term stocks typically increase faster than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions periodically to keep the asset allotment ratio and keep the copy portfolio technique different copy portfolios rebalance at various times to others so basically you need to look at each one individually to discover the rebalancing duration as soon as you invest in a copy portfolio your capital is professionally managed by’s financial investment committee each copy portfolio’s efficiency is examined in depth and rebalanced instantly occasionally to optimize its gain capacity so first of all there are three types now like i said i’m not going to evaluate each one however possibly i’ll do that in another video so let me understand 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 purchase a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market technique or concentrating on a particular market section as it says here they are built around an idea performance metric or an algorithm that selects its leading performing properties and then next we’ve got the top trader copy portfolios top traders purchase a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are chosen by’s financial investment committee and algorithmically looking for particular trading attributes that are enhanced for profit then last but not least we have actually got a partner copy portfolios these are portfolios created by 3rd parties that conduct thorough market analysis and has actually partnered with and once again have a style so let’s go over a few of the pros and cons of copying people versus copying portfolios so i’m not going to describe what copyrighting is however if you want to know more about that then go check out my video which i’ll place a link to up here and in the description listed below to start with i would state the primary pros of copy portfolios are that they are good for beginners who want a more hands-off approach in regards to the marketplace copy portfolios i would say they are fantastic if you desire exposure to a particular industry where you believe the industry will do well as a whole for instance you may want exposure to lots of renewable energy business or driverless cars business due to the fact that as a beginner you might not know much about private stocks to pick it will also save you time as researching great deals of private stocks can be very time consuming so letting do this on your behalf is fantastic this is also real for the other 2 copy portfolio
Can you generate income on the trading platform?
types for instance as a novice you might not know what constitutes a good trader to copy if you wish to know how i personally find individuals 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 picked by algorithmically this is fantastic for diversity if you’re brand-new to i personally would not invest all my money in one trader and would attempt to spread it out over a variety of them in case one of them does not do well and on the odd occasion this does take place 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 simply started to believe the marketplace would crash so he began shorting great deals of stocks and it never did and it simply kept increasing and after that he still kept stating that the market was going to crash and it never ever did so i lost a fair bit of money so this is likewise a caution that your capital Is Etoro Good For Bitcoin
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 happy about but 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 6 months further down the line so while past efficiency is not prosecuted for future results i have made some of my biggest earnings in copy portfolios for example i’ve been purchased the in the video game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have made an outrageous 210 earnings also in 2015 i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 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 outrageous growth i’m getting here on however like i said past efficiency is not indicative of future outcomes so obviously there are some small negatives to copy portfolios firstly it is not possible to get rid of a part of the investment it’s also not possible to close individual positions within a copy portfolio
Is eToro actually free as they say?
This is my virtual account here so state for example you didn’t like a particular company or person that the copy portfolio had actually invested in or state for example you desired to close one position to take profits you would need to close the financial investment entirely so that’s something to bear in mind if you’re the kind of individual who creams the top of the revenues off of an investment so then potentially you ought to invest straight into stocks or traders that you would want to copy rather than 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 some of these is quite high all the trader based copy portfolios need at least five thousand us dollars and 5 thousand us dollars could 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 manually yourself
certainly if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another negative of copy portfolios and i could not find this out for certain 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 do not hesitate to get in contact and after that 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 would not close and respond out a position if there was a crash in the market whereas a real individual might react to the marketplace and close out positions and potentially buy back in at a lower entry point this may be worth considering when picking 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 invest in copy portfolios this is my virtual account as i said prior to service and after that from here you’ve got the three kinds 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 various ones in here with lots of various themes so it’s worth having a browse so state let’s simply click this crypto copy portfolio here that with its outright crazy results of 935 area for 2 in the last 12 months that’s mad so it’s a very similar design to a typical asset on with the feed upon the very first page the description on the right here will normally outline what the copy portfolio’s method is and the minimum financial investment quantity this need to also outline 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 simply discovered here the description on the first page doesn’t constantly match the description on the 2nd page so to find out 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 annual or by the financial investment committee discretion including brand-new listings or de-listing based on the terms discussed 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 property allowance now you actually require to keep in mind of this as i learned this the hard way and by this i may discover this in two ways so i in fact invested in 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 equal yes i know i was a huge 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 struck the stop loss and squandered my position and then as cryptos do it recovered up uh since they are so volatile so not just did i lose a great deal of cash and i wasn’t able to buy back ins due to the fact that the price had bounced up but i also can’t bear to think more that would be worth now today it’s just uh i missed i missed out on that one however it’s lesson to find out and sometimes the best lessons in trading are unfortunately discovered the hard way you won’t forget them when you make an awful 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 see there’s some stars next to the numbers
and this indicates as it says here the stars are based upon back tested results then you’ve got a typical risk score here on the left hand side and likewise you can see the number of investors in this copy portfolio and after that down at the bottom we’ve got some great graphs for net exposure and allotment then if you click on the portfolio here you can see the current holdings in the portfolio and you have actually got some nice charts here which just show the various allowance but if you really wish to see the real holdings you can see the present 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 actually closed out of so if we set that to perhaps 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 gradually so to invest in 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 listed 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 quickly because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Is Etoro Good For Bitcoin
so if you were to in fact buy a copy portfolio that bought 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 stop briefly the investment you can adjust the stop loss or you can close the financial investment now if you wish to increase the investment one thing i have actually noticed when looking at a bunch 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 took a look at a handful and they did all appear to state it was a thousand that you might include minimum so that’s something certainly to keep in mind when opening your copy portfolio position so i hope this video has been handy to you if you are considering purchasing a copy portfolio then please do your own due diligence initially if you’ve 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 believe could be a great financial investment i ‘d like to understand and i read all your comments if you discovered this video valuable in any way then i ‘d really 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 however it truly helps support this channel so why not give a go prior to depositing any real money as they will provide 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 real money also if you wish to learn more about how works or more about personal finance and investing then i have numerous videos on my channel so i recommend 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 watching and i’ll capture you in the next one Is Etoro Good For Bitcoin