We discuss Cie Etoro – Todays FAQ

 

Is it trustworthy?

Cie Etoro…to a pre-determined market strategy or focusing on a specific market sector as it states here they are built around an idea efficiency metric or an algorithm that picks its leading performing possessions and then next we have actually got the top trader copy portfolios top 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 trying to find particular trading qualities that are optimized for profit then last but not least we have actually got a partner copy portfolios these are portfolios developed by third parties that perform comprehensive market analysis and has actually partnered with and again have a style so let’s talk about 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 want 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 first of all i would state the main pros of copy portfolios are that they are good for novices who desire a more hands-off method in regards to the market copy portfolios i would say they are terrific if you want direct exposure to a particular industry where you believe the industry will succeed as a whole for example you may desire direct exposure to lots of renewable energy business or driverless cars companies because as a beginner you might not know much about private stocks to select it will also save you time as investigating great deals of individual stocks can be really time taking in so letting do this on your behalf is excellent this is likewise real for the other two copy portfolio

Can you make money on the trading platform?

types for instance as a novice you might not know what makes up an excellent 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 below selecting a trader based copy portfolio can provide you exposure to great deals of traders that are picked by algorithmically this is great 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 variety of them in case one of them doesn’t succeed and on the odd occasion this does occur 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 market would crash so he began shorting great deals of stocks and it never ever did and it just kept increasing and then he still kept saying that the market was going to crash and it never ever did so i lost a fair bit of money so this is also a caution that your capital Cie Etoro

Why is eToro thought about to be bad?

Certainly at risk eventually 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 delighted about but i looked at that trader further 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 further down the line so while past efficiency is not indicted for future results i have made a few of my greatest revenues in copy portfolios for example i’ve been bought the in the game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under 4 years i have made a crazy 210 profit also last year i invested in the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a tremendous 47.08 revenue 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 right now that’s that’s some crazy growth i’m getting here on but like i stated past efficiency is not indicative of future results so certainly there are some small negatives to copy portfolios firstly it is not possible to remove a part of the financial investment it’s also not possible to close individual positions within a copy portfolio

Is eToro truly complimentary as they state?

This is my virtual account here so say for example you didn’t like a specific business or individual that the copy portfolio had actually invested in or say for example you desired to close one position to take profits you would need to close the 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 a financial investment so then perhaps you need to 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 5 thousand us dollars and 5 thousand us dollars might 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 by hand yourself

clearly if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another unfavorable of copy portfolios and i couldn’t find this out for definite 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 would like to validate this with me then please feel free to get in contact and after that i’ll put it as the pin remark listed below now this does not indicate you can’t personally set a stop loss on the copy portfolio yourself however state for example 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 genuine person might respond to the marketplace and liquidate positions and possibly redeem in at a lower entry point this may deserve thinking about when picking a market copy portfolio so to buy 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 states invest in copy portfolios this is my virtual account as i said before service and after that from here you have actually got the 3 types 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 offer and there’s loads of different ones in here with lots of various themes so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its outright ridiculous results of 935 spot for 2 in the last 12 months that seethes so it’s a really comparable design to a regular possession on with the feed on the very first page the description on the right here will normally describe what the copy portfolio’s method is and the minimum financial investment amount this ought to likewise outline how typically 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 have actually just noticed 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 searching 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 investment

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and this indicates as it states here the stars are based upon back evaluated results then you’ve got an average threat score here on the left hand side and likewise you can see the variety of investors in this copy portfolio and after that down at the bottom we have actually got some great charts 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 charts here which simply show the different allotment however if you really want to see the real holdings you can see the current 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 liquidated of so if we set that to possibly one year you can see the historical trades this copy portfolio has actually closed out of then on the last tab we have a chart revealing the efficiency of this copy portfolio in time so to buy this you simply click the big button on the leading 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 just going to leave that at 400 this is my virtual account feel in one’s bones 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 due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Cie Etoro

so if you were to really buy a copy portfolio that bought stocks then it would not actually 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 adjust the stop loss or you can close the financial investment now if you wish to increase the financial investment one thing i have actually discovered when taking a look at a bunch of these is that the minimum quantity you can add to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the same for all of them but i looked at a handful and they did all appear to say it was a thousand that you could include minimum so that’s something certainly to keep in mind when opening your copy portfolio position so i hope this video has actually been useful to you if you are thinking about buying 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 comments let us know if you purchase 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 found this video helpful in any way then i ‘d truly appreciate an early thumbs up as it truly helps support the channel also for those of you thinking about 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 doesn’t cost you anything extra but it actually assists support this channel so why not give a go before depositing any real cash as they will give you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the functions like copy trading without losing any genuine money also if you want to discover more about how works or more about individual finance 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 do not lose out on any future updates it’s been ollie from get geek financing thank you for watching and i’ll catch you in the next one Cie Etoro