When discussing the platform….this always comes up Bitcoin Trade Simulator Binance…Hopefully you will pick something up along the way so what are copy portfolios so generally they are a basket of traders or possessions selected by based upon a chosen theme kind of like a tiny etf in some respects copy portfolios are terrific for diversification and are created to lessen long-term threat and take advantage of existing market opportunities each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading method upon which it is based normally they are seen 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 marketplaces are open copy portfolios are fantastic for newbies who want a hands-off method and if you look at’s site they really declare that they aim to offer up to double-digit yearly returns while alleviating the risk associated with the investment now keep in mind past performance isn’t a sign of future results but that is what they aim to do so copy portfolios are type of like an etf
A managed portfolio without the fees although actual expertly managed funds are likely to be changed daily or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing generally gradually the value of individual possessions in a varied portfolio move up and down where they drift away from their target weights for example over the long term stocks normally rise quicker than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing mechanism closes and opens positions occasionally to keep the asset allocation ratio and maintain the copy portfolio strategy different copy portfolios rebalance at different times to others so essentially you require to look at every one individually to learn the rebalancing duration as soon as you purchase a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s performance is examined in depth and rebalanced automatically periodically to maximize its gain capacity so firstly there are three types now like i said i’m not going to review every one however maybe i’ll do that in another video so let me understand 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 technique or concentrating on a specific market segment as it states here they are constructed around an idea performance metric or an algorithm that chooses its top performing possessions and after that next we’ve got the leading trader copy portfolios leading traders invest in a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are picked by’s investment committee and algorithmically trying to find particular trading attributes that are optimized for profit then finally we’ve got a partner copy portfolios these are portfolios created by 3rd parties that carry out extensive market analysis and has actually partnered with and once again have a style so let’s go over some of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to explain what copyrighting is however if you want to know more about that then go take a look at my video which i’ll put a link to up here and in the description below firstly i would state the primary pros of copy portfolios are that they benefit novices who want a more hands-off method in regards to the marketplace copy portfolios i would state they are terrific if you want exposure to a specific market where you believe the industry will do well as a whole for example you might desire direct exposure to great deals of renewable energy business or driverless automobiles companies since as a novice you might not know much about private stocks to pick it will also conserve you time as researching lots of private stocks can be really time taking in so letting do this on your behalf is fantastic this is likewise real for the other two copy portfolio
Can you earn money on the trading platform?
types for instance as a novice you might not know what constitutes a great 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 below picking a trader based copy portfolio can offer you exposure to great deals of traders that are chosen by algorithmically this is excellent for diversity 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 variety of them in case among them doesn’t do well and on the odd event this does take place i learnt this through copying a trader when beginning so i was copying this guy and at the start he was doing well then he just began to believe the marketplace would crash so he started shorting lots of stocks and it never did and it just kept going up and then 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 Bitcoin Trade Simulator Binance
Why is eToro considered to be bad?
Definitely at risk eventually i had 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 happy about but i took a look 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 much better than where i would have been six months even more down the line so while past efficiency is not prosecuted for future outcomes i have actually made a few of my most significant earnings in copy portfolios for instance i’ve been invested in 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 just under 4 years i have made a ridiculous 210 profit likewise last year i purchased the huge tech copy portfolio in january 2020 and now 16 months later this has made a whopping 47.08 profit which 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 outrageous growth i’m getting here on but like i stated past performance is not a sign of future outcomes so clearly there are some small negatives to copy portfolios firstly it is not possible to get rid of a part of the financial investment it’s also not possible to close specific positions within a copy portfolio
Is eToro truly free as they state?
This is my virtual account here so say for example you didn’t like a specific company or individual that the copy portfolio had actually invested in or say for example you wanted to close one position to take revenues you would need to close the investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of a financial investment so then potentially you should invest directly into stocks or traders that you would desire 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 5 thousand us dollars and 5 thousand us dollars could be a lot so your option 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
obviously 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 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 wants to confirm 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 does not mean 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 react and close out a position if there was a crash in the market whereas a real person might react to the marketplace and liquidate positions and possibly buy back in at a lower entry point this might be worth considering when picking a market copy portfolio so to buy 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 before service and then from here you have actually got the 3 kinds 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 offer and there’s loads of various 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 crazy outcomes of 935 area for two in the last 12 months that seethes so it’s an extremely comparable layout to a normal possession on with the feed on the first page the description on the right here will normally detail what the copy portfolio’s approach is and the minimum financial investment amount this need to also outline 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’ve simply noticed here the description on the first page doesn’t always match the description on the 2nd page so to discover the rebalancing if you go on here i have actually simply found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion consisting of brand-new listings or de-listing based upon the terms mentioned above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the asset allocation now you truly need to keep in mind of this as i learned this the hard way and by this i might discover this in 2 methods so i actually invested in among these crypto copy portfolios a very long time ago when i was starting out on and i didn’t inspect the weightings and i presume they were all equal yes i know i was an enormous noob and a novice well among these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then hit the stop loss and cashed out my position and after that as cryptos do it recuperated up uh since they are so volatile so not just did i lose a great deal of money and i wasn’t able to redeem ins because the rate had bounced up however i likewise can’t bear to believe more that would deserve now today it’s simply uh i missed out on i lost out on that one but it’s lesson to discover and in some cases the best lessons in trading are regrettably discovered the hard way you will not forget them when you make a dreadful mistake like that so carrying 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 observe there’s some stars next to the numbers
and this indicates as it states here the stars are based upon back tested 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 have actually got some nice graphs for net direct exposure and allocation then if you click the portfolio here you can see the current holdings in the portfolio and you’ve got some nice graphs here which just reveal the various allotment however if you in fact want to see the real holdings you can see the present holdings in there in the portfolio and their existing profit and loss here um and if you alter this bit here you can see the historical 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 actually closed out of then on the last tab we have a chart revealing the performance of this copy portfolio over time so to buy this you simply click the big button on the top right that states invest and after that you can set an amount here that you want to put in then you can set a stop loss 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 purchasing copy portfolio now this copy portfolio did open straight away since it’s a crypto portfolio and the markets are open 24 7. now i’m tape-recording this video on a sunday Bitcoin Trade Simulator Binance
If you were to really invest in a copy portfolio that invested in stocks then it would not in fact 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 investment now if you want to increase the financial investment one thing i have actually observed when looking at a bunch of these is that the minimum amount 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 seem to say it was a thousand that you could add 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 considering investing in a copy portfolio then please do your own due diligence first if you have actually got any concerns on this video then please let me understand in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you think could be a good financial investment i ‘d like to understand and i checked out all your remarks if you discovered this video valuable in any way then i ‘d truly value an early thumbs up as it actually assists support the channel also for those of you interested in signing up 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 truly assists 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 money where you can experience all of the features like copy trading without losing any real cash also if you want to find out more about how works or more about personal financing 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 do not miss out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll catch you in the next one Bitcoin Trade Simulator Binance