When discussing the platform….this always comes up Etoro Vs Justtrade…Hopefully you will choose something up along the way so what are copy portfolios so basically they are a basket of properties or traders selected by based on a picked theme type of like a tiny etf in some respects copy portfolios are terrific for diversity and are developed to lessen long-term risk and take advantage of current 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 generally they are viewed as a medium to long-lasting investment automobile but you can stop your investment at any point at the existing market rates as long as the markets are open copy portfolios are terrific for newbies who want a hands-off approach and if you look at’s site they actually declare that they aim to provide to double-digit annual returns while alleviating the threat connected with the investment now remember previous performance isn’t a sign of future outcomes however 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 changed daily or on shorter intervals whereas these are re-balanced at longer periods so what is rebalancing essentially in time the worth of specific possessions in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks generally rise faster than etfs so the stock part of your portfolio will increase relative to the etf portion the rebalancing mechanism closes and opens positions occasionally to keep the property allowance ratio and keep the copy portfolio technique different copy portfolios rebalance at various times to others so generally you need to look at every one individually to learn the rebalancing duration once you purchase a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s performance is evaluated in depth and rebalanced automatically occasionally to maximize its gain capacity so firstly there are three types now like i stated i’m not going to review each one however possibly i’ll do that in another video so let me know 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 mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market strategy or focusing on a particular market section as it says here they are built around a concept efficiency metric or an algorithm that chooses its leading carrying out possessions and then next we have actually got the leading trader copy portfolios top traders purchase a group of traders these compromise the very best carrying out traders on according to a predefined strategy the traders within are chosen by’s financial investment committee and algorithmically searching for particular trading qualities 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 actually partnered with and once again have a theme so let’s discuss a few of the pros and cons of copying people versus copying portfolios so i’m not going to explain what copyrighting is however if you would like 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 first of all i would say the main pros of copy portfolios are that they benefit novices who desire a more hands-off approach 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 market will do well as a whole for instance you might want exposure to great deals of renewable energy business or driverless cars business because as a novice you may not know much about specific stocks to pick it will likewise save you time as researching lots of private stocks can be extremely time consuming so letting do this on your behalf is terrific 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 makes up a good trader to copy if you need to know how i personally discover people to copy on then go check out my video which i’ll put a link to up here and in the description below picking a trader based copy portfolio can give you direct exposure to lots of traders that are selected by algorithmically this is great for diversity if you’re brand-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 does not do well and on the odd occasion this does occur i discovered this through copying a trader when starting so i was copying this guy and at the start he was succeeding then he just started to believe the marketplace would crash so he started shorting great deals of stocks and it never ever did and it just kept going up and after that he still kept stating that the market was going to crash and it never did so i lost a fair bit of money so this is also a caution that your capital Etoro Vs Justtrade
Why is eToro thought about to be bad?
Definitely at risk ultimately i needed 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 happy about but i took a look at that trader further 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 even more down the line so while previous performance is not indicted for future outcomes i have made some of my biggest earnings in copy portfolios for instance i’ve been invested in 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 made a ridiculous 210 profit likewise last year i invested in the huge tech copy portfolio in january 2020 and now 16 months later this has actually 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 right now that’s that’s some ridiculous growth i’m getting here on however like i said previous efficiency is not indicative of future results so clearly there are some minor negatives to copy portfolios first of all it is not possible to eliminate a part of the investment it’s also not possible to close specific positions within a copy portfolio
Is eToro actually totally free as they say?
This is my virtual account here so state for example you didn’t like a specific company or person that the copy portfolio had actually invested in or say for example you desired to close one position to take revenues you would require to close the financial investment entirely so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of an investment so then potentially you need to invest straight into stocks or traders that you would want to copy rather than in a copy portfolio also while some of the copy portfolios have an entry point that starts 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 alternative is to potentially 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
undoubtedly 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 discover this out for certain but my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if someone from etora sees this video and would like to confirm this with me then please do not hesitate to get in contact and after that 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 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 genuine person might respond to the marketplace and close out positions and possibly buy back in at a lower entry point this may deserve 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 buy copy portfolios this is my virtual account as i said before service and after that from here you’ve got the three types 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 different ones in here with great deals of various themes so it deserves having a browse so say let’s just click this crypto copy portfolio here that with its absolute outrageous results of 935 spot for two in the last 12 months that seethes so it’s a very similar design to a regular asset on with the feed on the first page the description on the right here will usually detail what the copy portfolio’s approach is and the minimum investment amount this must also describe 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 discovered here the description on the first page does not constantly match the description on the 2nd page so to discover the rebalancing if you go on here i’ve simply found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion including new listings or de-listing based upon the terms mentioned above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the property allowance now you truly need to take note of this as i discovered this the hard way and by this i may discover this in two ways so i really bought among these crypto copy portfolios a very long time ago when i was beginning on and i didn’t check the weightings and i presume they were all equivalent yes i understand i was a massive noob and a rookie 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 got better up uh because they are so unstable so not just did i lose a lot of money and i wasn’t able to buy back ins since the cost had actually bounced up however i likewise can’t bear to believe more that would deserve now today it’s just uh i missed i missed out on that one but it’s lesson to learn and in some cases the best lessons in trading are regrettably found out the hard way you will not forget them when you make an awful error like that so moving on from that if we scroll even more down we have the historical statistics of the copy portfolio if it’s a newish copy portfolio then you’ll discover there’s some stars beside the numbers
and this means as it states here the stars are based upon back evaluated outcomes then you have actually got an average danger score here on the left hand side and also you can see the number of financiers in this copy portfolio and after that down at the bottom we’ve got some nice charts for net exposure and allowance then if you click the portfolio here you can see the existing holdings in the portfolio and you’ve got some great graphs here which simply show the different allotment but if you really want to see the actual 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 liquidated of so if we set that to possibly one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio over time so to invest in this you simply click the big button on the leading right that states invest and after that you can set a quantity here that you wish 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 a maximum on the stop loss here so if i press the invest here and now it started investing in copy portfolio now this copy portfolio did open straight away since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Etoro Vs Justtrade
If you were to actually invest in a copy portfolio that invested in stocks then it would not in fact open those positions till 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 investment you can adjust the stop loss or you can close the financial investment now if you want to increase the financial investment one thing i have actually seen when looking at a bunch of these is that the minimum amount you can add 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 appear to state 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 practical to you if you are considering investing in a copy portfolio then please do your own due diligence initially 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 believe could be a great financial investment i ‘d love to understand and i checked out all your comments if you discovered this video helpful in any way then i ‘d actually appreciate an early thumbs up as it actually assists support the channel also for those of you interested in registering to and haven’t already then there’s an an affiliate link below where if you do sign up utilizing it then i will get a kickback and it does not cost you anything additional however it actually helps support this channel so why not give a go prior to depositing any real money as they will provide you a demo account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any real money likewise if you wish to learn more about how works or more about personal finance and investing then i have many videos on my channel so i advise you check them out so please press the bell and subscribe icon so you do not lose out on any future updates it’s been ollie from get geek financing thank you for enjoying and i’ll capture you in the next one Etoro Vs Justtrade