Is it trustworthy?
Investment Game Etoro…to a pre-determined market strategy or concentrating on a particular market section as it states here they are built around an idea performance metric or an algorithm that selects its top performing assets and then next we have actually got the top trader copy portfolios top traders purchase a group of traders these compromise the best performing traders on according to a predefined strategy the traders within are chosen by’s financial investment committee and algorithmically looking for particular trading attributes that are optimized for profit then last but not least we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that carry out thorough market analysis and has actually partnered with and again have a theme 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 wish to know more about that then go take a look at my video which i’ll place a link to up here and in the description below first of all i would say the primary pros of copy portfolios are that they benefit newbies who want a more hands-off technique in regards to the market copy portfolios i would say they are terrific if you want direct exposure to a specific industry where you think the industry will do well as a whole for instance you may want direct exposure to great deals of renewable energy companies or driverless cars and trucks companies because as a beginner you may not know much about individual stocks to select it will also conserve you time as investigating lots of specific stocks can be very time consuming so letting do this on your behalf is terrific this is likewise real for the other 2 copy portfolio
Can you earn money on the trading platform?
types for instance as a beginner you might not know what constitutes a great trader to copy if you want to know how i personally find individuals 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 picking a trader based copy portfolio can provide you direct 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 try to spread it out over a number 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 starting out so i was copying this man and at the start he was doing well then he just began to believe the marketplace would crash so he started shorting great deals of stocks and it never did and it simply kept going up 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 money so this is likewise a warning that your capital Investment Game Etoro
Why is eToro considered to be bad?
Definitely at risk eventually 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 delighted about however 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 much better than where i would have been six months further down the line so while previous performance is not arraigned for future outcomes i have actually made a few of my most significant earnings in copy portfolios for instance i’ve been purchased 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 ridiculous 210 profit also in 2015 i bought the huge tech copy portfolio in january 2020 and now 16 months later this has actually made a tremendous 47.08 profit which is in simply over a year so if you compare that to a bank where you’ll be fortunate to get one percent in a year right now that’s that’s some insane growth i’m getting here on however like i said previous efficiency is not indicative of future results so undoubtedly there are some minor negatives to copy portfolios first of all it is not possible to eliminate a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio
Is eToro really free as they say?
This is my virtual account here so say for example you didn’t like a specific business or individual that the copy portfolio had invested in or say for example you desired to close one position to take revenues you would require 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 earnings off of a financial investment so then perhaps you need to invest straight into stocks or traders that you would desire 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 need at least five thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly 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
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 find 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 wishes to verify this with me then please do not hesitate to get in contact and then i’ll put it as the pin remark listed below now this does not mean 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 would not respond and close out a position if there was a crash in the market whereas a genuine person could respond to the market and liquidate positions and possibly buy back in at a lower entry point this might be worth thinking about when picking a market copy portfolio so to buy copy portfolios
Why do you need 25k to day trade?
you would firstly 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 after that from here you’ve got the 3 types of copy portfolios that we were discussing in the past and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of different ones in here with great deals of various themes so it’s worth having a browse so state let’s just click this crypto copy portfolio here that with its absolute crazy outcomes of 935 area for 2 in the last 12 months that seethes so it’s a really similar layout to a typical property on with the feed upon the first page the description on the right here will generally outline what the copy portfolio’s method is and the minimum financial investment amount this should also outline 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’ve just observed here the description on the first page doesn’t constantly match the description on the 2nd page so to find out the rebalancing if you go on here i’ve just found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion including new listings or de-listing based on the terms discussed above and the minimum financial investment
and this implies as it states here the stars are based on back evaluated results then you have actually got an average threat score here on the left hand side and also you can see the number of financiers in this copy portfolio and after that down at the bottom we’ve got some good charts for net exposure and allowance then if you click the portfolio here you can see the existing holdings in the portfolio and you have actually got some nice graphs here which just reveal the different allocation however if you actually want to see the actual holdings you can see the present holdings in there in the portfolio and their existing profit and loss here um and if you change this bit here you can see the historic trades this copy portfolio has actually liquidated of so if we set that to perhaps one year you can see the historical trades this copy portfolio has actually liquidated of then on the last tab we have a chart showing the performance of this copy portfolio with time so to invest in this you simply click the big button on the leading right that says invest and then you can set a quantity here that you wish 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 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 investing in copy portfolio now this copy portfolio did open quickly 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 Investment Game Etoro
If you were to in fact invest in a copy portfolio that invested in stocks then it would not really 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 pause the financial investment you can change the stop loss or you can close the investment now if you desire to increase the investment one thing i have noticed when looking at a bunch of these is that the minimum amount you can include to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the exact same for all of them however i looked at a handful and they did all seem to state 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 actually been useful to you if you are considering investing in a copy portfolio then please do your own due diligence first if you’ve got any concerns on this video then please let me understand in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you believe could be a great investment i ‘d like to know and i read all your remarks if you found this video practical in any way then i ‘d truly appreciate an early thumbs up as it actually assists support the channel also for those of you interested in registering to and have not currently then there’s an an affiliate link below where if you do register using it then i will get a kickback and it does not cost you anything additional but it really helps support this channel so why not give a go before transferring 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 genuine money also if you wish to learn more about how works or more about personal finance and investing then i have many videos on my channel so i recommend you check them out so please push the bell and subscribe icon so you do not lose 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 Investment Game Etoro