We discuss Yodlee Etoro – Todays FAQ

 

Is it trustworthy?

Yodlee Etoro…to a pre-determined market strategy or focusing on a specific market sector as it states here they are constructed around a concept efficiency metric or an algorithm that selects its leading carrying out possessions and after that next we have actually got the top trader copy portfolios top traders buy 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 searching for specific 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 third parties that conduct comprehensive market analysis and has partnered with and again have a style so let’s go over some of the advantages and disadvantages of copying people versus copying portfolios so i’m not going to explain what copyrighting is but if you would like to know more about that then go have a look at my video which i’ll position a link to up here and in the description below first of all i would say the main pros of copy portfolios are that they are good for newbies who desire a more hands-off method in regards to the market copy portfolios i would say they are fantastic if you desire direct exposure to a particular 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 companies because as a newbie you might not know much about specific stocks to select it will also save you time as investigating lots of private stocks can be really time taking in so letting do this on your behalf is fantastic this is likewise real for the other 2 copy portfolio

Can you make money on the trading platform?

types for example as a newbie you may not know what constitutes a great trader to copy if you wish to know how i personally find people to copy on then go check out my video which i’ll put a link to up here and in the description below choosing a trader based copy portfolio can give you direct exposure to lots of traders that are selected by algorithmically this is terrific for diversity if you’re brand-new to i personally would not invest all my cash in one trader and would try to spread it out over a variety of them in case one of them doesn’t succeed and on the odd celebration this does occur i learnt this through copying a trader when starting so i was copying this guy and at the start he was doing well then he simply started to believe the market would crash so he started shorting great deals of stocks and it never ever did and it simply kept increasing and then he still kept saying that the marketplace was going to crash and it never did so i lost quite a bit of money so this is also a warning that your capital Yodlee Etoro

Why is eToro considered to be bad?

Absolutely at risk eventually i needed 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 pleased about however 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 further down the line so while past performance is not prosecuted for future results i have actually made a few of my greatest earnings in copy portfolios for instance i’ve been purchased the in the video game copy portfolio considering that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have made a ridiculous 210 earnings likewise last year i purchased the huge tech copy portfolio in january 2020 and now 16 months later on this has made a massive 47.08 revenue and that remains 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 today that’s that’s some insane growth i’m getting here on but like i stated past performance is not indicative of future results so obviously there are some small negatives to copy portfolios first of all it is not possible to remove a part of the financial investment it’s likewise not possible to close individual positions within a copy portfolio

Is eToro really totally free as they state?

This is my virtual account here so state for example you didn’t like a specific company or individual that the copy portfolio had actually invested in or say for example you desired to close one position to take revenues you would need to close the investment totally 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 possibly you ought to invest straight into stocks or traders that you would want 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 rather high all the trader based copy portfolios need at least five thousand us dollars and 5 thousand us dollars might 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 manually yourself

undoubtedly 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 could not find this out for guaranteed but my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if somebody from etora sees this video and wishes to validate 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 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 wouldn’t close and react out a position if there was a crash in the market whereas a real individual might react to the marketplace and close out positions and possibly redeem in at a lower entry point this might be worth considering when selecting a market copy portfolio so to invest in copy portfolios

Why do you require 25k to day trade?

you would firstly go to the following link on the left here that states purchase 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 discussing 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 different styles so it deserves having a browse so say let’s just click on this crypto copy portfolio here that with its outright insane results of 935 spot for 2 in the last 12 months that seethes so it’s a very comparable design to a typical possession on with the eat the first page the description on the right here will normally outline what the copy portfolio’s approach is and the minimum investment quantity this ought to likewise outline how often 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’ve just discovered here the description on the very first page does not constantly match the description on the second page so to find out 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 investment committee discretion including new listings or de-listing based upon the terms discussed above and the minimum financial investment

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and this implies as it says here the stars are based upon back checked outcomes then you have actually got an average risk rating here on the left hand side and likewise you can see the variety of financiers in this copy portfolio and then down at the bottom we’ve got some great charts for net direct exposure and allowance then if you click the portfolio here you can see the present holdings in the portfolio and you’ve got some nice charts here which simply show the various allowance however if you really want to see the real holdings you can see the current holdings in there in the portfolio and their current revenue and loss here um and if you alter 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 actually closed out of then on the last tab we have a chart showing the performance of this copy portfolio with time so to purchase this you just click the huge button on the top right that states 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 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 began purchasing copy portfolio now this copy portfolio did open straight away because it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Yodlee Etoro

so if you were to actually invest in a copy portfolio that invested in stocks then it would not in fact 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 financial investment you can stop briefly the investment you can adjust the stop loss or you can close the financial investment now if you want to increase the investment one thing i have actually noticed when taking a look at a lot 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 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 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 considering investing in a copy portfolio then please do your own due diligence initially if you have actually got any concerns on this video then please let me know in the remarks let us understand if you buy copy portfolios and if so which ones or

which ones do you believe could be a great financial investment i ‘d like to understand and i checked out all your remarks if you found this video valuable in any way then i ‘d truly value an early thumbs up as it actually helps support the channel likewise for those of you thinking about registering to and have not already then there’s an an affiliate link listed below where if you do sign up 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 before depositing any genuine cash as they will provide you a demonstration 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 numerous videos on my channel so i recommend you check them out so please subscribe and press the bell icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for seeing and i’ll capture you in the next one Yodlee Etoro