6417 Etoro Trace – Todays FAQ

 

Is it trustworthy?

6417 Etoro Trace…to a pre-determined market method or concentrating on a specific market sector as it states here they are developed around a concept performance metric or an algorithm that picks its leading performing assets and then next we’ve got the top trader copy portfolios leading traders buy a group of traders these compromise the best carrying out traders on according to a predefined method the traders within are chosen by’s financial investment committee and algorithmically trying to find specific trading characteristics that are enhanced for profit then finally we have actually got a partner copy portfolios these are portfolios created by third parties that perform thorough market analysis and has partnered with and once again have a theme so let’s talk about some of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to explain what copyrighting is but 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 below firstly i would say the primary pros of copy portfolios are that they are good for beginners who want a more hands-off approach in regards to the marketplace copy portfolios i would say they are excellent if you want exposure to a particular market where you think the market will succeed as a whole for example you may desire direct exposure to lots of renewable energy companies or driverless cars companies because as a beginner you may not know much about individual stocks to pick it will also save you time as looking into lots of specific stocks can be really time consuming so letting do this on your behalf is fantastic this is also true for the other 2 copy portfolio

Can you make money on the trading platform?

types for instance as a beginner you might not know what makes up a great trader to copy if you wish 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 offer you exposure to lots of traders that are selected by algorithmically this is terrific for diversification 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 one of them doesn’t succeed and on the odd event this does happen i discovered this through copying a trader when starting out so i was copying this man and at the start he was doing well then he just started to think 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 saying that the marketplace was going to crash and it never ever did so i lost a fair bit of cash so this is also a caution that your capital 6417 Etoro Trace

Why is eToro thought about to be bad?

Absolutely at risk ultimately i had 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 but i looked at that trader even more down the line and he continued to lose more money so cutting my losses at that point i did was much better than where i would have been 6 months even more down the line so while past efficiency is not arraigned for future results i have made a few of my greatest revenues in copy portfolios for example i’ve been bought the in the video game copy portfolio given that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under 4 years i have actually made a crazy 210 earnings also last year i invested in the big tech copy portfolio in january 2020 and now 16 months later this has actually made a whopping 47.08 earnings which is in just over a year so if you compare that to a bank where you’ll be lucky to get one percent in a year today that’s that’s some outrageous growth i’m getting here on but like i said previous efficiency is not indicative of future results so obviously there are some small negatives to copy portfolios first of all it is not possible to eliminate a part of the financial investment it’s also not possible to close specific positions within a copy portfolio

Is eToro really complimentary as they say?

This is my virtual account here so say for example you didn’t like a particular company or person that the copy portfolio had invested in or say for example you wanted to close one position to take revenues you would require to close the investment totally so that’s something to bear in mind if you’re the kind of individual who creams the top of the revenues off of a financial investment so then perhaps you must 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 starts at 1 000 us dollars the entry level on some of these is rather high all the trader based copy portfolios need at least five thousand us dollars and five thousand us dollars might 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 invest in them manually yourself

undoubtedly 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 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 wants to verify this with me then please feel free to get in contact and after that i’ll put it as the pin comment below now this does not indicate 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 would not close and respond out a position if there was a crash in the market whereas a real individual might respond to the marketplace and liquidate positions and potentially buy back in at a lower entry point this may be worth thinking about when choosing a market copy portfolio so to purchase copy portfolios

Why do you need 25k to day trade?

you would first of all go to the following link on the left here that says buy copy portfolios this is my virtual account as i said prior to service and then from here you’ve got the three 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 deal and there’s loads of various ones in here with great deals of various themes so it’s worth having a browse so say let’s just click this crypto copy portfolio here that with its outright insane outcomes of 935 area for 2 in the last 12 months that’s mad so it’s a very similar layout to a typical asset on with the feed upon the very first page the description on the right here will generally describe what the copy portfolio’s method is and the minimum financial investment amount this ought to likewise lay out how often it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment amount is 1 000 us dollars so as i’ve simply 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 have actually just found that by looking for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion consisting of brand-new listings or de-listing based on the terms discussed above and the minimum financial investment

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and this implies as it states here the stars are based on back evaluated outcomes then you have actually got a typical danger score here on the left hand side and likewise you can see the number of investors in this copy portfolio and after that down at the bottom we have actually got some good charts for net direct 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 charts here which just reveal the different allocation but if you really want to see the actual holdings you can see the existing holdings in there in the portfolio and their existing revenue 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 perhaps one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart revealing the performance of this copy portfolio gradually so to buy this you just click the big button on the leading right that states invest and then you can set a quantity 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 investing in copy portfolio now this copy portfolio did open immediately because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday 6417 Etoro Trace

If you were to actually invest in a copy portfolio that invested in stocks then it would not in fact 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 stop briefly the financial investment you can change the stop loss or you can close the investment now if you want to increase the financial investment one thing i have 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 don’t know if that’s the 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 add minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has been useful to you if you are thinking about 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 know 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 love to know and i read all your remarks if you found this video valuable in any way then i ‘d actually appreciate an early thumbs up as it truly helps support the channel also 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 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 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 features like copy trading without losing any real money also if you wish to discover more about how works or more about personal financing and investing then i have various videos on my channel so i suggest 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 watching and i’ll catch you in the next one 6417 Etoro Trace