We discuss Etoro Files S1 – Todays FAQ

 

Is it trustworthy?

Etoro Files S1…to a pre-determined market technique or focusing on a specific market sector as it says here they are developed around a concept efficiency metric or an algorithm that selects its top performing assets and then next we’ve got the top trader copy portfolios top traders purchase a group of traders these compromise the best carrying out traders on according to a predefined technique the traders within are selected by’s financial investment committee and algorithmically looking for particular trading characteristics that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios developed by 3rd parties that carry out extensive market analysis and has actually partnered with and again have a theme so let’s talk about a few of the benefits and drawbacks of copying people versus copying portfolios so i’m not going to describe what copyrighting is however if you want to know more about that then go check out my video which i’ll place a link to up here and in the description below to start with i would say the main pros of copy portfolios are that they benefit novices who desire a more hands-off method in regards to the marketplace copy portfolios i would say they are fantastic if you desire exposure to a specific market where you think the industry will succeed as a whole for example you may desire direct exposure to great deals of renewable resource business or driverless vehicles business due to the fact that as a beginner you might not know much about private stocks to pick it will likewise save you time as researching lots of individual stocks can be very time taking in so letting do this in your place is excellent this is also real for the other 2 copy portfolio

Can you make money on the trading platform?

types for instance as a newbie you may not know what makes up a great trader to copy if you wish to know how i personally discover individuals to copy on then go check out my video which i’ll put a link to up here and in the description listed below selecting a trader based copy portfolio can give you exposure to lots of traders that are chosen by algorithmically this is great for diversity if you’re 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 among them does not do well and on the odd celebration this does take place i learnt this through copying a trader when beginning so i was copying this man and at the start he was doing well then he simply started to think the marketplace would crash so he began shorting lots of stocks and it never did and it simply kept increasing and then he still kept saying that the marketplace was going to crash and it never ever did so i lost quite a bit of cash so this is also a caution that your capital Etoro Files S1

Why is eToro considered to be bad?

Certainly at risk eventually 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 delighted about but i took a look at that trader even more 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 previous performance is not indicted for future results i have actually made some of my greatest revenues in copy portfolios for instance i’ve been bought the in the video 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 likewise last year i purchased the big tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 revenue and that 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 past performance is not a sign of future outcomes so certainly there are some minor negatives to copy portfolios firstly it is not possible to remove a part of the investment it’s likewise not possible to close private positions within a copy portfolio

Is eToro actually free as they say?

so this is my virtual account here so say for instance you didn’t like a particular business or person that the copy portfolio had actually purchased or say for instance you wanted to close one position to take profits you would require to close the investment completely so that’s something to keep in mind if you’re the sort of individual who creams the top of the profits off of an investment so then perhaps you must invest straight 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 begins at 1 000 us dollars the entry level on some of these is quite high all the trader based copy portfolios need a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your option is to possibly look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them by hand yourself

obviously 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 could not find this out for guaranteed 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 verify this with me then please do not hesitate to get in contact and then i’ll put it as the pin comment below now this doesn’t indicate 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 respond and close out a position if there was a crash in the market whereas a real person could react to the marketplace and close out positions and possibly redeem in at a lower entry point this may be worth thinking about when selecting a market copy portfolio so to invest in copy portfolios

Why do you need 25k to day trade?

you would firstly go to the following link on the left here that states invest in copy portfolios this is my virtual account as i stated before service and then from here you’ve got the three kinds of copy portfolios that we were talking about before 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 various styles so it deserves having a browse so state let’s just click on this crypto copy portfolio here that with its absolute insane results of 935 spot for two in the last 12 months that seethes so it’s an extremely similar layout to a normal asset on with the eat the very first page the description on the right here will normally detail what the copy portfolio’s approach is and the minimum financial investment quantity this need to also lay out how typically it rebalances so as you can see for this crypto copy portfolio here the minimum investment amount is 1 000 us dollars so as i have actually simply observed here the description on the very first page does not constantly match the description on the second page so to discover 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 yearly or by the financial investment committee discretion consisting of brand-new listings or de-listing based upon the terms pointed out above and the minimum financial investment

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and this indicates as it says here the stars are based on back checked outcomes then you have actually got an average danger score here on the left hand side and also you can see the number of investors in this copy portfolio and after that down at the bottom we have actually got some nice charts for net direct exposure and allotment then if you click the portfolio here you can see the present holdings in the portfolio and you have actually got some good graphs here which simply reveal the different allowance but if you really wish to see the actual holdings you can see the present holdings in there in the portfolio and their present profit and loss here um and if you change this bit here you can see the historical trades this copy portfolio has closed out of so if we set that to possibly one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the efficiency of this copy portfolio in time so to purchase this you simply click the huge button on the top right that states 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 just going to leave that at 400 this is my virtual account just know there is a minimum and an optimum on the stop loss here so if i press the invest here and now it started purchasing copy portfolio now this copy portfolio did open immediately due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Etoro Files S1

so if you were to in fact purchase a copy portfolio that invested in stocks then it would not really 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 financial investment you can adjust the stop loss or you can close the financial investment now if you want to increase the financial investment something i have observed when taking a look at a bunch of these is that the minimum amount you can contribute 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 seem to say it was a thousand that you could include minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has actually been handy to you if you are thinking about buying a copy portfolio then please do your own due diligence first 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 think could be a great investment i ‘d like to know and i read all your comments if you discovered this video useful in any way then i ‘d really appreciate an early thumbs up as it really helps support the channel likewise 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 using it then i will get a kickback and it doesn’t cost you anything additional however it really helps support this channel so why not give a go prior to transferring any genuine money as they will provide you a demo account with a hundred thousand dollars of virtual cash where you can experience all of the features like copy trading without losing any genuine cash also if you want to find out more about how works or more about individual finance and investing then i have many videos on my channel so i advise you check them out so please push the bell and subscribe icon so you don’t miss 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 Files S1