We discuss Security Etoro – Todays FAQ

 

Is it trustworthy?

Security Etoro…to a pre-determined market technique or concentrating on a particular market segment as it states here they are developed around an idea efficiency metric or an algorithm that selects its top carrying out assets and then next we have actually 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 picked by’s financial investment committee and algorithmically looking for 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 third parties that carry out comprehensive market analysis and has actually partnered with and once again have a style so let’s talk about some of the pros and cons of copying individuals versus copying portfolios so i’m not going to explain 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 state the primary pros of copy portfolios are that they benefit novices who desire a more hands-off method in regards to the market copy portfolios i would say they are great if you desire direct exposure to a specific industry where you think the industry will succeed as a whole for instance you may desire direct exposure to great deals of renewable resource companies or driverless cars and trucks business due to the fact that as a novice you might not know much about individual stocks to select it will likewise conserve you time as investigating great deals of specific stocks can be extremely time consuming so letting do this on your behalf is excellent this is also true for the other two copy portfolio

Can you earn money on the trading platform?

types for instance as a novice you might not know what makes up an excellent trader to copy if you want 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 picking a trader based copy portfolio can offer you exposure to great deals of traders that are selected by algorithmically this is fantastic 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 number of them in case one of them doesn’t do well and on the odd event this does take place i discovered this through copying a trader when starting so i was copying this person and at the start he was succeeding then he just began to believe the market would crash so he began shorting lots of stocks and it never did and it simply kept going up and then he still kept saying that the market was going to crash and it never ever did so i lost a fair bit of money so this is also a caution that your capital Security Etoro

Why is eToro thought about to be bad?

Certainly at risk ultimately i had to cut my losses with this trader and i believe i ended up losing over a thousand dollars in the end which i was not happy about but i looked 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 6 months further down the line so while past efficiency is not arraigned for future outcomes i have actually made some of my greatest earnings in copy portfolios for instance i’ve been invested in the in the video game copy portfolio since the 3rd of july 2017 and today’s date is the 25th of april 2021 so in simply under four years i have made an insane 210 profit likewise in 2015 i purchased the huge tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 earnings 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 ridiculous growth i’m getting here on but like i said past performance is not indicative of future outcomes so obviously there are some small 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 private positions within a copy portfolio

Is eToro truly totally free as they state?

so this is my virtual account here so say for instance you didn’t like a particular company or individual that the copy portfolio had invested in or say for example you wanted to close one position to take profits you would need to close the financial investment totally so that’s something to bear in mind if you’re the type of individual who creams the top of the profits off of an investment so then potentially you must invest directly 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 starts at 1 000 us dollars the entry level on a few of these is rather high all the trader based copy portfolios need a minimum of five thousand us dollars and 5 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 take a look at the stocks in a copy portfolio and then buy them by hand yourself

clearly 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 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 validate this with me then please do not hesitate to get in contact and then i’ll put it as the pin remark below now this doesn’t suggest you can’t personally set a stop loss on the copy portfolio yourself but state 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 market and close out positions and potentially buy back in at a lower entry point this might deserve considering when choosing a market copy portfolio so to purchase 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 stated prior to service and then from here you’ve got the 3 types 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’s worth having a browse so say let’s just click this crypto copy portfolio here that with its absolute ridiculous results of 935 spot for two in the last 12 months that seethes so it’s an extremely comparable design to a typical property on with the eat the very 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 must likewise lay out how frequently 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 have actually just seen here the description on the first page doesn’t always match the description on the 2nd page so to discover the rebalancing if you go on here i have actually just discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion including brand-new listings or de-listing based on the terms mentioned above and the minimum investment

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and this indicates as it says here the stars are based on back tested results then you’ve got an average danger 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 direct exposure and allotment then if you click the portfolio here you can see the current holdings in the portfolio and you’ve got some great charts here which just reveal the various allowance but if you in fact want to see the actual holdings you can see the current holdings in there in the portfolio and their current 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 liquidated of then on the last tab we have a chart revealing the performance of this copy portfolio gradually so to buy this you simply click the big button on the top right that says invest and after that you can set a quantity here that you want 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 began purchasing 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 Security Etoro

so if you were to actually buy a copy portfolio that invested in stocks then it would not actually 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 investment you can adjust the stop loss or you can close the investment now if you want to increase the financial investment one thing i have actually noticed when taking a look at a bunch of these is that the minimum quantity you can contribute to a copy portfolio once it is open is a thousand dollars now i don’t understand if that’s the same for all of them but i looked at a handful and they did all seem to say it was a thousand that you might add minimum so that’s something absolutely to bear in mind when opening your copy portfolio position so i hope this video has actually been useful to you if you are thinking about investing in 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 know in the comments let us understand if you buy copy portfolios and if so which ones or

which ones do you believe could be a good financial investment i ‘d love to know and i checked out all your remarks if you found this video handy in any way then i ‘d really appreciate an early thumbs up as it actually assists support the channel likewise for those of you interested in signing up to and have not currently then there’s an an affiliate link below where if you do register utilizing it then i will get a kickback and it does not cost you anything extra but it truly helps support this channel so why not give a go prior to transferring any real money as they will provide 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 wish to learn more about how works or more about personal finance and investing then i have numerous videos on my channel so i advise you check them out so please subscribe and push the bell icon so you do not miss out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll catch you in the next one Security Etoro