When discussing the platform….this always comes up Does Etoro Work In Nigeria…Ideally you will choose something up along the way so what are copy portfolios so basically they are a basket of properties or traders picked by based upon a picked theme kind of like a tiny etf in some respects copy portfolios are excellent for diversity and are designed to reduce long-term risk and benefit from current market opportunities each copy portfolio is periodically rebalanced in order to get the most out of the thematic trading strategy upon which it is based generally they are viewed as a medium to long-lasting investment car however you can stop your investment at any point at the present market rates as long as the markets are open copy portfolios are great for novices who desire a hands-off approach and if you look at’s site they in fact declare that they aim to offer up to double-digit annual returns while mitigating the danger connected with the financial investment now remember past performance isn’t a sign of future results but that is what they intend to do so copy portfolios are type of like an etf
A managed portfolio without the charges although real expertly handled funds are likely to be adjusted daily or on much shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically with time the worth of private possessions in a diversified portfolio move up and down where they drift away from their target weights for example over the long term stocks normally rise faster than etfs so the stock portion of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions periodically to keep the asset allocation ratio and keep the copy portfolio technique different copy portfolios rebalance at different times to others so generally you require to look at each one separately to discover the rebalancing period as soon as you invest in a copy portfolio your capital is expertly managed by’s investment committee each copy portfolio’s performance is evaluated in depth and rebalanced immediately regularly to optimize its gain capacity so firstly there are three types now like i stated i’m not going to evaluate every one but possibly i’ll do that in another video so let me know 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 buy a mix of cfd stocks products or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a particular market sector as it states here they are constructed around an idea performance metric or an algorithm that selects its leading performing properties and after that next we have actually got the leading trader copy portfolios top traders buy a group of traders these compromise the best performing traders on according to a predefined technique the traders within are chosen by’s financial investment committee and algorithmically trying to find particular trading attributes that are enhanced for profit then last but not least we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that perform comprehensive market analysis and has partnered with and once again have a theme so let’s go over a few of the pros and cons of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is however if you wish 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 to start with i would say the main pros of copy portfolios are that they are good for newbies who desire a more hands-off method in regards to the marketplace copy portfolios i would say they are great 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 vehicles companies since as a novice you might not know much about specific stocks to select it will also conserve you time as investigating lots of individual stocks can be very time taking in so letting do this in your place is fantastic this is likewise real for the other two copy portfolio
Can you make money on the trading platform?
types for instance as a beginner you might not know what constitutes an excellent trader to copy if you would like to know how i personally discover people 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 provide you exposure to great deals of traders that are picked by algorithmically this is excellent for diversification if you’re brand-new to i personally would not invest all my money 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 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 succeeding then he just began to believe the market would crash so he began shorting lots of stocks and it never did and it just kept going up and after that he still kept saying that the marketplace was going to crash and it never ever did so i lost quite a bit of cash so this is also a caution that your capital Does Etoro Work In Nigeria
Why is eToro thought about to be bad?
Certainly 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 but i looked at that trader further 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 even more down the line so while past efficiency is not indicted for future results i have actually made a few of my most significant profits in copy portfolios for instance i have actually been invested in 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 profit likewise last year i invested in the big tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 revenue and that is in simply over a year so if you compare that to a bank where you’ll be lucky to get one percent in a year right now that’s that’s some ridiculous 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 remove a part of the investment it’s also not possible to close private positions within a copy portfolio
Is eToro really totally free as they state?
so this is my virtual account here so state for instance you didn’t like a specific business or person that the copy portfolio had invested in or state for instance you wished to close one position to take earnings you would require to close the investment completely so that’s something to remember if you’re the sort of individual who creams the top of the profits off of an investment so then perhaps you ought to invest straight 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 a few of these is rather high all the trader based copy portfolios need a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your option is to potentially look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then purchase them manually yourself
clearly 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 couldn’t discover this out for guaranteed but 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 validate this with me then please feel free to get in contact and then i’ll put it as the pin comment below now this does not imply you can’t personally set a stop loss on the copy portfolio yourself however state 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 real individual could respond to the marketplace and liquidate positions and potentially redeem in at a lower entry point this might deserve thinking about when picking a market copy portfolio so to purchase copy portfolios
Why do you require 25k to day trade?
you would first of all go to the following link on the left here that states invest in copy portfolios this is my virtual account as i stated before service and after that from here you’ve got the 3 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 deal and there’s loads of various ones in here with lots of various themes so it’s worth having a browse so say let’s simply click on this crypto copy portfolio here that with its outright outrageous results of 935 area for two in the last 12 months that’s mad so it’s a really comparable layout to a regular asset on with the eat the very first page the description on the right here will normally detail what the copy portfolio’s methodology is and the minimum investment quantity this should likewise detail how typically 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’ve just observed 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’ve simply discovered that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion consisting of new listings or de-listing based on the terms pointed out above and the minimum financial investment
quantity is 1000 us dollars so as you can see here on the right hand side we have actually got the property allowance now you really require to remember of this as i learned this the hard way and by this i might discover this in two methods so i really purchased among these crypto copy portfolios a very long time ago when i was starting out 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 among these cryptos was more heavily 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 bounced back up uh since they are so volatile so not only did i lose a great deal of money and i wasn’t able to buy back ins because the cost had bounced up but i also can’t bear to think more that would be worth now today it’s just uh i missed out on i lost out on that one but it’s lesson to learn and in some cases the best lessons in trading are unfortunately discovered the hard way you won’t forget them when you make a dreadful error like that so proceeding from that if we scroll further down we have the historic stats 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 means as it states here the stars are based upon back checked outcomes then you’ve got a typical risk rating here on the left hand side and likewise you can see the variety of financiers in this copy portfolio and then down at the bottom we’ve got some good graphs for net exposure and allowance then if you click on the portfolio here you can see the present holdings in the portfolio and you have actually got some great graphs here which just show the different allowance but if you actually want to see the real holdings you can see the current holdings in there in the portfolio and their present earnings 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 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 in time so to buy this you just click the huge button on the top right that says 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 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 immediately since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Does Etoro Work In Nigeria
If you were to actually 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 investment you can stop briefly the financial investment you can change the stop loss or you can close the financial investment now if you desire to increase the financial investment one thing i have actually discovered when looking at a bunch of these is that the minimum quantity you can include to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the very same for all of them however i looked at a handful and they did all seem to say it was a thousand that you might add minimum so that’s something certainly to bear in mind when opening your copy portfolio position so i hope this video has been helpful to you if you are thinking about investing in 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 comments let us understand if you invest in copy portfolios and if so which ones or
which ones do you believe could be a great financial investment i ‘d enjoy to know 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 truly helps support the channel likewise for those of you interested in registering to and haven’t already then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it doesn’t cost you anything extra however it really assists support this channel so why not give a go prior to depositing any genuine cash as they will give you a demo account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any real cash likewise if you wish to find out 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 push the bell and subscribe icon so you do not lose out on any future updates it’s been ollie from get geek finance thank you for seeing and i’ll catch you in the next one Does Etoro Work In Nigeria