We discuss Do Nott Use Etoro – Todays FAQ

 

Is it trustworthy?

Do Nott Use Etoro…to a pre-determined market method or concentrating on a specific market sector as it states here they are developed around a concept efficiency metric or an algorithm that chooses its leading performing properties and then next we’ve got the top 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 selected by’s investment committee and algorithmically trying to find specific trading characteristics that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios produced by third parties that conduct thorough market analysis and has actually partnered with and once again have a theme so let’s talk about some of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to discuss what copyrighting is however if you would like 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 benefit newbies who want a more hands-off approach in regards to the marketplace copy portfolios i would say they are fantastic if you want exposure to a particular industry where you believe the industry will do well as a whole for instance you may desire direct exposure to great deals of renewable resource business or driverless cars companies because as a novice you may not know much about specific stocks to select it will also conserve you time as investigating lots of private stocks can be really time consuming 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 example as a beginner 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 choosing a trader based copy portfolio can offer you direct 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 attempt to spread it out over a variety of them in case among them doesn’t succeed and on the odd celebration this does occur i discovered this through copying a trader when starting out so i was copying this man and at the start he was succeeding then he simply started to believe the marketplace would crash so he began shorting lots of stocks and it never did and it simply kept going up and after that he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of money so this is likewise a caution that your capital Do Nott Use Etoro

Why is eToro considered to be bad?

Absolutely at risk ultimately 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 however i took a look at that trader further 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 performance is not prosecuted for future outcomes i have actually made a few of my most significant earnings in copy portfolios for instance i have actually been invested in the in the game copy portfolio because the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have made an insane 210 earnings also last year i bought the huge tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 revenue and that is in just over a year so if you compare that to a bank where you’ll be fortunate to get one percent in a year today that’s that’s some insane growth i’m getting here on however like i stated previous performance is not a sign of future outcomes so certainly there are some small negatives to copy portfolios first of all it is not possible to remove a part of the financial investment it’s also not possible to close specific positions within a copy portfolio

Is eToro actually totally free as they state?

This is my virtual account here so say for example you didn’t like a specific company or person that the copy portfolio had invested in or state for example you wanted to close one position to take profits you would require to close the financial investment completely so that’s something to bear in mind if you’re the kind of individual who creams the top of the revenues off of an investment so then perhaps 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 begins at 1 000 us dollars the entry level on some of these is rather high all the trader based copy portfolios require 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 manually yourself

obviously 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 definite however 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 wishes to confirm this with me then please do not hesitate to get in contact and after that i’ll put it as the pin remark listed below now this doesn’t suggest you can’t personally set a stop loss on the copy portfolio yourself but say for example if you’re copying a market copy portfolio it would not close and react out a position if there was a crash in the market whereas a genuine individual could respond to the marketplace and close out positions and potentially redeem in at a lower entry point this might deserve thinking about when choosing a market copy portfolio so to invest in 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 before service and then from here you have actually 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 offer and there’s loads of various ones in here with great deals of different styles so it deserves having a browse so state let’s just click this crypto copy portfolio here that with its outright ridiculous outcomes of 935 spot for 2 in the last 12 months that seethes so it’s a very comparable design to a regular possession on with the feed upon the very first page the description on the right here will typically detail what the copy portfolio’s approach is and the minimum investment quantity this must likewise describe how often 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 simply observed here the description on the first page doesn’t constantly match the description on the second page so to find out the rebalancing if you go on here i’ve just discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the investment committee discretion consisting of new listings or de-listing based upon 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 tested results then you’ve got an average risk rating here on the left hand side and likewise you can see the number of investors in this copy portfolio and then down at the bottom we have actually got some good graphs for net direct exposure and allotment then if you click on the portfolio here you can see the present holdings in the portfolio and you’ve got some good graphs here which simply show the different allotment but if you in fact wish to see the real holdings you can see the existing holdings in there in the portfolio and their existing earnings 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 perhaps 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 over time so to purchase this you just 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 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 markets are open 24 7. now i’m taping this video on a sunday Do Nott Use Etoro

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 financial investment you can pause the financial investment you can adjust the stop loss or you can close the investment now if you desire to increase the investment one thing i have seen when looking at a lot 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 but i looked at a handful and they did all appear to say it was a thousand that you could 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 considering investing in a copy portfolio then please do your own due diligence initially if you’ve got any questions on this video then please let me understand in the remarks let us know if you invest in copy portfolios and if so which ones or

which ones do you believe could be an excellent financial investment i ‘d like to understand and i checked out all your comments 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 listed below where if you do sign up using it then i will get a kickback and it doesn’t cost you anything extra but it really assists support this channel so why not give a go prior to depositing any genuine money 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 real cash likewise if you want to find out 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 don’t 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 Do Nott Use Etoro