When discussing the platform….Index Of Elliott Wave Script Thinkorswim always comes up …Hopefully you will choose something up along the way so what are copy portfolios so generally they are a basket of traders or possessions selected by based upon a selected theme kind of like a small etf in some respects copy portfolios are great for diversification and are created to reduce long-term threat and make the most of present market chances each copy portfolio is regularly rebalanced in order to get the most out of the thematic trading strategy upon which it is based generally they are seen as a medium to long-term financial investment automobile but you can stop your financial investment at any point at the current market rates as long as the markets are open copy portfolios are terrific for newbies who want a hands-off approach and if you look at’s site they really declare that they aim to offer up to double-digit annual returns while alleviating the danger associated with the financial investment now remember past performance isn’t indicative of future results however that is what they aim to do so copy portfolios are type of like an etf
A managed portfolio without the costs although real expertly handled funds are likely to be adjusted day-to-day or on much shorter intervals whereas these are re-balanced at longer intervals so what is rebalancing essentially gradually the value of individual properties in a diversified portfolio move up and down where they drift away from their target weights for example over the long term stocks generally rise much faster than etfs so the stock portion of your portfolio will increase relative to the etf part the rebalancing system closes and opens positions regularly to keep the asset allotment ratio and preserve the copy portfolio strategy different copy portfolios rebalance at various times to others so generally you require to take a look at each one separately to find out the rebalancing period once you invest in a copy portfolio your capital is professionally handled by’s financial investment committee each copy portfolio’s efficiency is evaluated in depth and rebalanced immediately regularly to maximize its gain potential so first of all there are three types now like i said i’m not going to examine every one however perhaps i’ll do that in another video so let me understand if this is something you wish to see in the comments if you see here we have market copy portfolios top trader copy portfolios and partner copy portfolios so market copy portfolios buy a combination of cfd stocks commodities or etfs according
Is it trustworthy?
to a pre-determined market method or focusing on a specific market sector as it says here they are built around a concept performance metric or an algorithm that picks its top carrying out possessions and then next we have actually got the top trader copy portfolios top 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 financial investment committee and algorithmically trying to find particular trading qualities that are optimized for profit then finally we have actually got a partner copy portfolios these are portfolios created by third parties that carry out extensive market analysis and has actually partnered with and once again have a theme 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 need to know more about that then go have a look at my video which i’ll place a link to up here and in the description below to start with i would say the main 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 fantastic if you desire exposure to a particular industry where you believe the industry will succeed as a whole for example you might want direct exposure to great deals of renewable resource companies or driverless cars and trucks companies since as a newbie you may not know much about specific stocks to select it will likewise save you time as investigating lots of individual stocks can be very time taking in so letting do this in your place is great this is likewise true for the other two copy portfolio
Can you make money on the trading platform?
types for example as a novice you may not know what constitutes an excellent trader to copy if you need to know how i personally discover 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 below picking a trader based copy portfolio can give you exposure to lots of traders that are selected by algorithmically this is great for diversity if you’re brand-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 beginning so i was copying this guy and at the start he was succeeding then he just began to think the marketplace would crash so he started shorting great deals of stocks and it never ever did and it simply kept going up and after that he still kept stating that the marketplace was going to crash and it never did so i lost quite a bit of money so this is likewise a caution that your capital Index Of Elliott Wave Script Thinkorswim
Why is eToro considered to be bad?
Absolutely at risk ultimately 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 happy about however i looked 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 6 months even more down the line so while previous efficiency is not indicted for future results i have actually made a few of my greatest revenues in copy portfolios for example i have actually 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 an insane 210 revenue likewise in 2015 i invested in the huge tech copy portfolio in january 2020 and now 16 months later on this has made a whopping 47.08 revenue which remains 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 today that’s that’s some outrageous development i’m getting here on however like i stated previous efficiency is not indicative of future outcomes so clearly there are some minor negatives to copy portfolios firstly it is not possible to eliminate a part of the investment it’s also not possible to close individual positions within a copy portfolio
Is eToro truly free as they say?
This is my virtual account here so say for example you didn’t like a particular company or person that the copy portfolio had actually invested in or state for example you desired to close one position to take profits you would require 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 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 begins at 1 000 us dollars the entry level on some of these is quite 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 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
obviously 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 however 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 confirm this with me then please feel free to get in contact and after that i’ll put it as the pin comment below now this doesn’t indicate you can’t personally set a stop loss on the copy portfolio yourself but say for example if you’re copying a market copy portfolio it would not close and respond out a position if there was a crash in the market whereas a genuine individual might react to the marketplace and close out positions and possibly buy back in at a lower entry point this may deserve considering when choosing a market copy portfolio so to purchase 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 stated prior to service and then from here you have actually got the three kinds of copy portfolios that we were speaking about previously and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of different ones in here with great deals of various styles so it’s worth having a browse so state let’s just click on this crypto copy portfolio here that with its absolute crazy results of 935 area for two in the last 12 months that seethes so it’s an extremely comparable layout to a typical property on with the feed on the first page the description on the right here will usually outline what the copy portfolio’s methodology is and the minimum financial investment amount this need to likewise describe 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’ve simply seen here the description on the very first page does not always match the description on the 2nd page so to learn the rebalancing if you go on here i have actually simply discovered that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the financial investment committee discretion consisting of brand-new listings or de-listing based upon the terms pointed out above and the minimum financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the possession allocation now you actually require to take note of this as i learned this the hard way and by this i might discover this in two methods so i in fact purchased one of these crypto copy portfolios a long period of time ago when i was starting out on and i didn’t check the weightings and i presume they were all equivalent yes i understand i was a massive noob and a rookie well among these cryptos was more heavily weighted than the others and that one tanked whereas the others didn’t it then struck the stop loss and cashed out my position and then as cryptos do it bounced back up uh due to the fact that they are so volatile so not just did i lose a great deal of money and i wasn’t able to buy back ins since the cost had actually bounced up but i also can’t bear to think more that would deserve now today it’s just uh i missed i lost out on that one but it’s lesson to find out and often the very best lessons in trading are regrettably found out the hard way you will not forget them when you make an awful mistake like that so moving on from that if we scroll further down we have the historical stats of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars beside the numbers
and this implies as it states here the stars are based on back checked outcomes then you have actually got a typical threat 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 good charts for net direct exposure and allotment then if you click on the portfolio here you can see the current holdings in the portfolio and you have actually got some nice graphs here which just show the various allocation but if you really want to see the actual holdings you can see the current 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 closed out of so if we set that to possibly 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 in time so to purchase this you just click the big button on the top right that says invest and then you can set a quantity 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 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 quickly because it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Index Of Elliott Wave Script Thinkorswim
so if you were to in fact purchase 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 investment you can pause the investment you can adjust the stop loss or you can close the investment now if you wish to increase the financial investment one thing i have observed when taking a look at a bunch of these is that the minimum quantity you can add 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 but i looked at a handful and they did all seem to state it was a thousand that you might include minimum so that’s something certainly to remember when opening your copy portfolio position so i hope this video has actually been handy to you if you are considering purchasing 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 understand if you invest in copy portfolios and if so which ones or
which ones do you think could be a great financial investment i ‘d like to understand and i checked out all your comments if you discovered this video practical in any way then i ‘d actually appreciate an early thumbs up as it truly helps support the channel likewise for those of you thinking about registering to and haven’t already then there’s an an affiliate link listed below where if you do register utilizing it then i will get a kickback and it does not cost you anything additional however it truly helps support this channel so why not give a go before depositing any genuine cash as they will offer you a demo 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 wish to find out more about how works or more about individual financing and investing then i have many videos on my channel so i advise 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 financing thank you for watching and i’ll catch you in the next one Index Of Elliott Wave Script Thinkorswim