Is it trustworthy?
Jucko Etoro…to a pre-determined market technique or concentrating on a particular market section as it says here they are developed around a concept performance metric or an algorithm that selects its top performing properties and after that next we’ve got the leading trader copy portfolios top traders invest in a group of traders these compromise the very best performing traders on according to a predefined strategy the traders within are selected by’s financial investment committee and algorithmically looking for specific trading attributes that are optimized for profit then last but not least we’ve got a partner copy portfolios these are portfolios developed by 3rd parties that perform extensive market analysis and has actually partnered with and again have a theme so let’s go over some of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to discuss 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 listed below first of all i would state the main pros of copy portfolios are that they benefit newbies who want a more hands-off method in regards to the market copy portfolios i would state they are great if you want direct exposure to a particular industry where you believe the market will do well as a whole for instance you may want direct exposure to lots of renewable resource companies or driverless cars business since as a novice you may not know much about private stocks to pick it will also save you time as investigating lots of private stocks can be really time consuming so letting do this in your place is fantastic this is also real for the other 2 copy portfolio
Can you earn money on the trading platform?
types for example as a novice you might not know what makes up a great trader to copy if you need 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 listed below selecting a trader based copy portfolio can offer you direct exposure to great deals of traders that are picked by algorithmically this is terrific 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 number of them in case among them does not succeed and on the odd celebration this does occur i discovered this through copying a trader when beginning so i was copying this guy and at the start he was succeeding then he simply started to think the market would crash so he began shorting lots of stocks and it never ever did and it just kept going up and then he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of cash so this is also a caution that your capital Jucko Etoro
Why is eToro thought about to be bad?
Certainly 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 but 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 better than where i would have been 6 months even more down the line so while previous efficiency is not arraigned for future outcomes i have actually made some of my most significant revenues 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 simply under four years i have actually made a ridiculous 210 profit also in 2015 i bought the big tech copy portfolio in january 2020 and now 16 months later on this has actually made a whopping 47.08 revenue 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 outrageous growth i’m getting here on but like i stated 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 investment it’s likewise not possible to close specific positions within a copy portfolio
Is eToro really totally free as they state?
This is my virtual account here so say for example you didn’t like a particular business or individual that the copy portfolio had actually invested in or state for example you wanted 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 individual who creams the top of the earnings off of a financial investment so then potentially you ought 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 starts 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 option 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
clearly if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another negative of copy portfolios and i couldn’t find this out for guaranteed but my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if someone from etora sees this video and wishes to validate this with me then please do not hesitate to get in contact and after that i’ll put it as the pin comment below now this does not suggest you can’t personally set a stop loss on the copy portfolio yourself but say for instance if you’re copying a market copy portfolio it wouldn’t respond and close out a position if there was a crash in the market whereas a genuine individual could react to the marketplace and close out positions and potentially redeem in at a lower entry point this may be worth considering when selecting a market copy portfolio so to buy 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 buy copy portfolios this is my virtual account as i stated before service and after that from here you’ve got the three kinds of copy portfolios that we were talking about 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 different styles so it’s worth having a browse so state let’s simply click this crypto copy portfolio here that with its outright outrageous 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 on the first page the description on the right here will usually outline what the copy portfolio’s method is and the minimum investment quantity this should also detail how frequently 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 observed here the description on the very first page does not constantly match the description on the 2nd page so to discover the rebalancing if you go on here i’ve simply found 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
and this indicates as it states here the stars are based upon back evaluated outcomes then you have actually got a typical risk rating here on the left hand side and likewise you can see the number of investors in this copy portfolio and after that down at the bottom we’ve got some good charts for net direct exposure and allocation then if you click the portfolio here you can see the existing holdings in the portfolio and you’ve got some great graphs here which just show the various allowance but if you in fact wish to see the actual holdings you can see the present holdings in there in the portfolio and their present earnings 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 maybe one year you can see the historic trades this copy portfolio has actually closed out of then on the last tab we have a chart showing the performance of this copy portfolio over time so to buy this you just 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 listed below and i’m simply 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 began buying 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 taping this video on a sunday Jucko Etoro
so if you were to actually purchase 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 investment you can stop briefly 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 noticed when looking 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 understand if that’s the same for all of them however i took a look at a handful and they did all seem to state it was a thousand that you could add 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 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 know in the comments let us know if you invest in copy portfolios and if so which ones or
which ones do you think could be an excellent financial investment i ‘d enjoy to know and i read all your remarks if you found this video valuable in any way then i ‘d actually value an early thumbs up as it truly helps support the channel likewise for those of you interested in signing up to and haven’t currently then there’s an an affiliate link listed below where if you do register using it then i will get a kickback and it doesn’t cost you anything additional however it truly assists support this channel so why not give a go before transferring any genuine cash as they will offer you a demonstration 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 learn more about how works or more about personal financing and investing then i have numerous videos on my channel so i suggest you check them out so please subscribe and press the bell icon so you don’t miss 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 Jucko Etoro