When discussing the platform….Summit Trading Platform 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 assets picked by based upon a selected theme type of like a mini etf in some aspects copy portfolios are terrific for diversification and are designed to decrease long-lasting danger and make the most of present 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 normally they are viewed as a medium to long-lasting financial investment lorry but you can stop your investment at any point at the present market rates as long as the marketplaces are open copy portfolios are excellent for beginners who desire a hands-off method and if you look at’s website they in fact declare that they intend to offer up to double-digit yearly returns while reducing the risk connected with the investment now bear in mind past efficiency isn’t indicative of future results but that is what they aim to do so copy portfolios are kind of like an etf
A managed portfolio without the costs although real expertly handled funds are likely to be adjusted day-to-day or on shorter periods whereas these are re-balanced at longer periods so what is rebalancing essentially with time the value of individual possessions in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks typically rise quicker than etfs so the stock part of your portfolio will go up relative to the etf portion the rebalancing mechanism closes and opens positions occasionally to keep the asset allocation ratio and preserve the copy portfolio strategy various copy portfolios rebalance at various times to others so essentially you need to look at each one individually to learn the rebalancing duration as soon as you buy a copy portfolio your capital is expertly handled by’s investment committee each copy portfolio’s performance is evaluated in depth and rebalanced immediately periodically to optimize its gain capacity so firstly there are three types now like i said i’m not going to review each one but possibly i’ll do that in another video so let me understand if this is something you wish 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 purchase a combination of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market strategy or concentrating on a particular market segment as it says here they are built around an idea performance metric or an algorithm that picks its top performing possessions and after that next we have actually got the top trader copy portfolios top traders buy a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are selected by’s financial investment committee and algorithmically searching for specific trading characteristics that are enhanced for profit then lastly we’ve got a partner copy portfolios these are portfolios developed by third parties that perform extensive market analysis and has partnered with and once again have a theme so let’s talk about a few of the benefits and drawbacks of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you would like to know more about that then go check out my video which i’ll put a link to up here and in the description listed below first of all i would say the primary pros of copy portfolios are that they benefit novices who desire a more hands-off method in regards to the marketplace copy portfolios i would state they are fantastic if you want direct exposure to a specific industry where you think the industry will do well as a whole for instance you may want direct exposure to lots of renewable resource companies or driverless automobiles companies because as a novice you might not know much about specific stocks to choose it will also conserve you time as investigating great deals of private stocks can be extremely time consuming so letting do this in your place is excellent 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 may not know what makes up a great trader to copy if you wish to know how i personally discover 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 exposure to lots of traders that are chosen by algorithmically this is terrific for diversification if you’re new to i personally would not invest all my cash in one trader and would try to spread it out over a number of them in case one of them does not succeed and on the odd occasion this does take place i discovered this through copying a trader when starting so i was copying this person and at the start he was succeeding then he just began to believe the marketplace would crash so he started shorting great deals of stocks and it never did and it just 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 warning that your capital Summit Trading Platform
Why is eToro considered to be bad?
Absolutely at risk eventually i needed 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 however i looked at that trader even more down the line and he continued to lose more cash 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 performance is not indicted for future results i have made a few of my greatest earnings in copy portfolios for instance i’ve been invested in the in the game copy portfolio considering that 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 outrageous 210 revenue also last year i invested in the big tech copy portfolio in january 2020 and now 16 months later this has made a massive 47.08 profit which 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 right now that’s that’s some crazy growth i’m getting here on however like i stated previous performance is not indicative of future results so undoubtedly there are some small negatives to copy portfolios to start with it is not possible to get rid of a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio
Is eToro truly free as they say?
so this is my virtual account here so state for instance you didn’t like a specific company or person that the copy portfolio had purchased or state for instance you wished to close one position to take revenues you would need to close the financial investment totally so that’s something to remember if you’re the sort of individual who creams the top of the profits off of a financial investment so then possibly you ought to invest directly into stocks or traders that you would wish to copy rather than in a copy portfolio likewise while a few 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 require at least 5 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 after that invest in them manually yourself
clearly 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 private positions if somebody from etora sees this video and wishes to validate this with me then please feel free to get in contact and then i’ll put it as the pin comment listed below now this doesn’t 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 respond and close out a position if there was a crash in the market whereas a real person could respond to the marketplace and close out positions and potentially redeem in at a lower entry point this might be worth thinking about when picking a market copy portfolio so to buy 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 buy copy portfolios this is my virtual account as i stated before service and then from here you have actually got the 3 kinds of copy portfolios that we were speaking about in the past and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of various ones in here with great deals of different styles so it’s worth having a browse so say let’s simply click this crypto copy portfolio here that with its outright outrageous outcomes of 935 spot for 2 in the last 12 months that’s mad so it’s an extremely comparable layout to a typical asset on with the feed upon the first page the description on the right here will typically describe what the copy portfolio’s methodology is and the minimum investment amount this should likewise lay out how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum investment quantity is 1 000 us dollars so as i have actually just seen 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 found that by looking 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 discussed above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right hand side we have actually got the property allotment now you actually need to remember of this as i learned this the hard way and by this i may discover this in 2 methods so i really invested in among these crypto copy portfolios a long period of time ago when i was beginning on and i didn’t examine the weightings and i presume they were all equivalent yes i know 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 cashed out my position and then as cryptos do it recovered up uh due to the fact that they are so unpredictable so not just did i lose a great deal of cash and i wasn’t able to redeem ins since the rate had bounced up however i likewise 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 discover and often the very best lessons in trading are regrettably learnt the hard way you will not forget them when you make a horrible mistake like that so carrying on from that if we scroll further down we have the historical 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 suggests as it says here the stars are based on back tested outcomes then you have actually got an average risk rating here on the left hand side and also 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 allowance then if you click the portfolio here you can see the current holdings in the portfolio and you have actually got some nice graphs here which simply show the different allowance however if you really want to see the actual 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 historic trades this copy portfolio has liquidated 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 showing the performance of this copy portfolio gradually so to purchase this you simply click the huge button on the top right that says invest and after that 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 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 buying copy portfolio now this copy portfolio did open straight away because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Summit Trading Platform
so if you were to in fact invest in a copy portfolio that invested in stocks then it would not actually 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 financial investment something i have discovered 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 do not understand if that’s the same for all of them however 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 definitely to remember when opening your copy portfolio position so i hope this video has been handy to you if you are considering buying a copy portfolio then please do your own due diligence initially if you’ve got any concerns on this video then please let me understand 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 love to know and i checked out all your comments if you found this video helpful in any way then i ‘d truly value an early thumbs up as it actually assists support the channel likewise for those of you thinking about signing up to and have not already then there’s an an affiliate link listed 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 before depositing any real 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 cash likewise if you want to learn more about how works or more about personal financing and investing then i have many videos on my channel so i recommend you check them out so please subscribe and press the bell 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 Summit Trading Platform