We discuss Etoro Take A Tour – Todays FAQ

 

Is it trustworthy?

Etoro Take A Tour…to a pre-determined market method or concentrating on a specific market section as it says here they are constructed around an idea performance metric or an algorithm that picks its leading carrying out properties and then next we have actually got the top trader copy portfolios leading traders purchase a group of traders these compromise the 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 have actually got a partner copy portfolios these are portfolios created by 3rd parties that conduct comprehensive market analysis and has actually partnered with and once again have a theme so let’s discuss a few of the pros and cons of copying individuals versus copying portfolios so i’m not going to discuss what copyrighting is but if you want to know more about that then go take a look at 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 beginners who want a more hands-off method in regards to the marketplace copy portfolios i would say they are fantastic if you desire direct exposure to a particular industry where you believe the industry will do well as a whole for example you may want direct exposure to great deals of renewable resource business or driverless automobiles companies since as a newbie you may not know much about private stocks to select it will also save you time as investigating great deals of private stocks can be very time consuming so letting do this in your place is fantastic this is likewise true for the other 2 copy portfolio

Can you earn money on the trading platform?

types for example as a beginner you might not know what constitutes an excellent trader to copy if you would like to know how i personally find people to copy on then go have a look at 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 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 number of them in case one of them does not do well and on the odd celebration this does occur i discovered this through copying a trader when starting out 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 began shorting great deals of stocks and it never did and it simply kept increasing and then he still kept stating that the marketplace was going to crash and it never ever did so i lost a fair bit of money so this is also a warning that your capital Etoro Take A Tour

Why is eToro considered to be bad?

Definitely at risk eventually i had 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 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 past performance is not arraigned for future outcomes i have made some of my biggest earnings in copy portfolios for instance i’ve been bought the in the game copy portfolio given that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have actually made an outrageous 210 profit likewise in 2015 i invested in the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a massive 47.08 revenue 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 insane development i’m getting here on however like i stated past efficiency is not indicative of future results so certainly there are some minor negatives to copy portfolios firstly it is not possible to eliminate a part of the financial investment it’s also not possible to close individual positions within a copy portfolio

Is eToro really free as they state?

This is my virtual account here so say for example you didn’t like a particular business or person that the copy portfolio had actually invested in or state for example you wanted to close one position to take earnings you would need to close the financial investment totally so that’s something to bear in mind if you’re the kind of individual who creams the top of the profits off of a financial investment so then perhaps you should 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 quite high all the trader based copy portfolios need at least 5 thousand us dollars and 5 thousand us dollars could 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 by hand 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 however my understanding is that on market copy portfolios there isn’t any stop losses on private positions if somebody from etora sees this video and wants to confirm this with me then please feel free to get in contact and then i’ll put it as the pin comment listed below now this does not imply you can’t personally set a stop loss on the copy portfolio yourself however say for example 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 genuine person might react to the marketplace and liquidate positions and potentially buy back in at a lower entry point this may deserve thinking about when selecting a market copy portfolio so to purchase copy portfolios

Why do you need 25k to day trade?

you would to start with go to the following link on the left here that states purchase copy portfolios this is my virtual account as i stated before service and then from here you have actually got the three kinds of copy portfolios that we were speaking about before 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 lots of various themes so it deserves having a browse so state let’s simply click on this crypto copy portfolio here that with its absolute crazy results of 935 area for 2 in the last 12 months that seethes so it’s an extremely similar layout to a typical property on with the feed on the first page the description on the right here will usually detail what the copy portfolio’s methodology is and the minimum investment quantity this should also describe how frequently 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 first page doesn’t constantly match the description on the second page so to learn the rebalancing if you go on here i’ve simply found 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 upon the terms discussed above and the minimum investment

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and this implies as it states here the stars are based on back tested outcomes then you have actually got an average risk score here on the left hand side and likewise you can see the number of financiers in this copy portfolio and after that down at the bottom we’ve 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 good graphs here which simply reveal the different allotment but if you in fact want to see the real 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 historic trades this copy portfolio has closed out of so if we set that to maybe one year you can see the historical trades this copy portfolio has closed out of then on the last tab we have a chart showing the efficiency of this copy portfolio over time so to invest in this you simply click the huge button on the leading right that states invest and after that 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 buying copy portfolio now this copy portfolio did open quickly since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m taping this video on a sunday Etoro Take A Tour

so if you were to actually invest in a copy portfolio that purchased 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 investment you can pause the investment you can adjust the stop loss or you can close the investment now if you want to increase the investment one thing i have actually observed when taking a look 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 but i took a look at a handful and they did all seem to state it was a thousand that you could include minimum so that’s something absolutely to remember when opening your copy portfolio position so i hope this video has been handy to you if you are considering buying a copy portfolio then please do your own due diligence first if you have actually got any questions on this video then please let me understand in the remarks let us understand if you purchase copy portfolios and if so which ones or

which ones do you believe could be an excellent investment i ‘d love to know and i checked out all your comments if you discovered this video helpful in any way then i ‘d truly value an early thumbs up as it truly helps support the channel also for those of you thinking about signing up to and haven’t 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 does not cost you anything extra however it actually helps support this channel so why not give a go prior to depositing any real money as they will offer you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the functions like copy trading without losing any genuine money likewise if you want to find out more about how works or more about personal financing and investing then i have many videos on my channel so i recommend you check them out so please subscribe and press the bell icon so you do not lose out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll capture you in the next one Etoro Take A Tour