When discussing the platform….this always comes up Katherine Hahn Coinbase…Hopefully you will pick something up along the way so what are copy portfolios so essentially they are a basket of traders or properties selected by based upon a picked style sort of like a tiny etf in some respects copy portfolios are fantastic for diversity and are created to lessen 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 technique upon which it is based usually they are seen as a medium to long-lasting financial investment lorry but you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are great for beginners who desire a hands-off approach and if you look at’s website they really claim that they aim to provide to double-digit yearly returns while reducing the danger related to the financial investment now bear in mind past efficiency isn’t a sign of future results however that is what they intend to do so copy portfolios are type of like an etf
A managed portfolio without the costs although actual professionally handled funds are most likely to be adjusted daily or on shorter periods whereas these are re-balanced at longer intervals so what is rebalancing basically gradually the worth of individual assets in a varied portfolio move up and down whereby they drift away from their target weights for instance over the long term stocks normally increase much faster than etfs so the stock part of your portfolio will increase relative to the etf part the rebalancing system closes and opens positions periodically to keep the property allotment ratio and keep the copy portfolio technique different copy portfolios rebalance at different times to others so generally you need to take a look at each one individually to discover the rebalancing period once you buy a copy portfolio your capital is expertly managed by’s financial investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced instantly regularly to maximize its gain potential so to start with there are 3 types now like i stated i’m not going to evaluate each one however possibly i’ll do that in another video so let me know if this is something you would like 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 buy a mix of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market technique or focusing on a specific market section as it states here they are constructed around an idea efficiency metric or an algorithm that picks its top performing possessions and then next we have actually got the leading trader copy portfolios leading traders buy a group of traders these compromise the very best performing traders on according to a predefined method the traders within are picked by’s financial investment committee and algorithmically looking for specific trading characteristics that are enhanced for profit then finally we have actually got a partner copy portfolios these are portfolios developed by third parties that conduct comprehensive market analysis and has partnered with and once again have a style so let’s go over a few of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to describe what copyrighting is but if you need to know more about that then go have a look at my video which i’ll put a link to up here and in the description 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 method in regards to the market copy portfolios i would state they are fantastic if you desire direct exposure to a specific market where you believe the industry will succeed as a whole for instance you might desire direct exposure to lots of renewable energy business or driverless cars companies due to the fact that as a newbie you might not know much about private stocks to choose it will also conserve you time as researching great deals of specific stocks can be extremely time consuming so letting do this in your place is great this is also true for the other 2 copy portfolio
Can you make money on the trading platform?
types for example as a beginner you might not know what constitutes a great trader to copy if you want 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 listed below picking a trader based copy portfolio can offer you direct exposure to lots of traders that are picked by algorithmically this is excellent for diversification if you’re 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 among them doesn’t succeed and on the odd occasion this does happen i learnt 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 lots of stocks and it never did and it simply kept going up and then 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 warning that your capital Katherine Hahn Coinbase
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 wound up losing over a thousand dollars in the end which i was not pleased about however 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 6 months even more down the line so while previous performance is not arraigned for future results i have made a few of my most significant revenues in copy portfolios for instance i’ve been bought the in the video game copy portfolio considering that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under 4 years i have made an insane 210 revenue likewise in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has actually made a massive 47.08 earnings which 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 crazy growth i’m getting here on but like i said previous efficiency is not indicative of future results so undoubtedly there are some minor negatives to copy portfolios to start with it is not possible to remove a part of the investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro truly free as they state?
so this is my virtual account here so say for example you didn’t like a particular company or person that the copy portfolio had purchased or state for example you wished to close one position to take profits you would need to close the investment entirely so that’s something to remember if you’re the kind of individual who creams the top of the earnings off of a financial investment so then potentially you must invest directly into stocks or traders that you would wish to copy rather than in a copy portfolio likewise 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 rather high all the trader based copy portfolios need a minimum of five thousand us dollars and 5 thousand us dollars could be a lot so your option is to potentially take a look at a few 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 potentially another unfavorable of copy portfolios and i couldn’t find this out for certain but my understanding is that on market copy portfolios there isn’t any stop losses on individual positions if somebody 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 doesn’t imply you can’t personally set a stop loss on the copy portfolio yourself but state for instance if you’re copying a market copy portfolio it would not react and close out a position if there was a crash in the market whereas a real individual could react to the marketplace and liquidate positions and potentially redeem in at a lower entry point this may be worth considering when selecting 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 purchase copy portfolios this is my virtual account as i stated prior to service and after that from here you’ve got the 3 types of copy portfolios that we were speaking about previously 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 lots of different themes 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 two in the last 12 months that’s mad so it’s a very similar design to a normal possession on with the eat the first page the description on the right here will generally describe what the copy portfolio’s method is and the minimum financial investment quantity this need to also lay out how often 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 have actually just observed here the description on the very 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 looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion consisting of new listings or de-listing based on the terms pointed out above and the minimum investment
amount is 1000 us dollars so as you can see here on the right hand side we’ve got the possession allocation now you really need to bear in mind of this as i discovered this the hard way and by this i might discover this in two ways so i really bought one of these crypto copy portfolios a long period of time ago when i was beginning on and i didn’t check the weightings and i presume they were all equal yes i understand i was a massive noob and a novice well one of these cryptos was more heavily 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 after that as cryptos do it recuperated up uh since 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 be worth now today it’s simply uh i missed i missed out on that one but it’s lesson to find out and often the very best lessons in trading are unfortunately discovered the hard way you will not forget them when you make a dreadful error like that so carrying on from that if we scroll further down we have the historical stats of the copy portfolio if it’s a newish copy portfolio then you’ll discover there’s some stars beside the numbers
and this implies as it says here the stars are based upon back tested outcomes then you have actually got a typical danger 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 have actually got some nice charts for net exposure and allocation then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some great graphs here which simply show the different allowance however if you actually want to see the actual holdings you can see the present holdings in there in the portfolio and their existing revenue and loss here um and if you change this bit here you can see the historical trades this copy portfolio has actually closed out of so if we set that to maybe one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the efficiency 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 wish 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 marketplaces are open 24 7. now i’m tape-recording this video on a sunday Katherine Hahn Coinbase
If you were to actually invest in a copy portfolio that invested in 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 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 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 same for all of them however 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 definitely 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 initially if you’ve got any concerns on this video then please let me know 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 investment i ‘d enjoy to know and i read all your comments if you found this video practical in any way then i ‘d truly appreciate an early thumbs up as it truly helps support the channel likewise for those of you thinking about signing up to and have not already then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it does not cost you anything additional but it actually assists support this channel so why not give a go prior to transferring any real money as they will offer you a demonstration account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any genuine money likewise if you want to discover more about how works or more about personal financing and investing then i have various 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 finance thank you for viewing and i’ll capture you in the next one Katherine Hahn Coinbase