If you’re the sort of individual who creams the top of the profits…Active Trader Category Is Disabled Thinkorswim… off of an investment so then perhaps you must invest straight into stocks or traders that you would wish 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 require a minimum of 5 thousand us dollars and five thousand us dollars could be a lot so your alternative is to possibly take a 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|This is my virtual account here so say for example you didn’t like a particular company or person that the copy portfolio had invested in or state for example you wanted 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 person who creams the top of the profits off of a financial investment so then perhaps you ought to 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 some of these is quite high all the trader based copy portfolios need at least five thousand us dollars and 5 thousand us dollars could 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}
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 definite however 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 confirm this with me then please feel free to get in contact and then i’ll put it as the pin remark below now this doesn’t mean 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 wouldn’t respond and close out a position if there was a crash in the market whereas a genuine person could respond to the marketplace and liquidate positions and potentially redeem in at a lower entry point this might be worth considering when selecting a market copy portfolio so to buy copy portfolios
Why do you require 25k to day trade?
you would first of all go to the following link on the left here that states buy copy portfolios this is my virtual account as i said before service and after that from here you have actually got the three types of copy portfolios that we were talking about previously 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 themes so it deserves having a browse so state let’s just click on this crypto copy portfolio here that with its absolute outrageous outcomes of 935 spot for 2 in the last 12 months that’s mad so it’s a very similar layout to a typical asset on with the feed upon the first page the description on the right here will usually describe what the copy portfolio’s approach is and the minimum investment amount this ought to likewise outline 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’ve simply seen here the description on the very first page doesn’t constantly match the description on the second page so to learn the rebalancing if you go on here i have actually just found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced annual or by the investment committee discretion consisting of brand-new listings or de-listing based on the terms mentioned above and the minimum investment
quantity is 1000 us dollars so as you can see here on the right hand side we’ve got the possession allowance now you truly need to keep in mind of this as i learned this the hard way and by this i may learn this in 2 methods so i in fact bought among these crypto copy portfolios a long time ago when i was starting out on and i didn’t examine the weightings and i presume they were all equal yes i know i was an enormous noob and a rookie well among these cryptos was more heavily weighted than the others which one tanked whereas the others didn’t it then struck the stop loss and cashed out my position and after that as cryptos do it got better up uh since they are so volatile so not only did i lose a lot of money and i wasn’t able to redeem ins since the rate had bounced up however i likewise can’t bear to believe more that would deserve now today it’s just uh i missed out on i missed out on that one however it’s lesson to find out and sometimes the very best lessons in trading are unfortunately discovered the hard way you will not forget them when you make an awful mistake like that so carrying on from that if we scroll further down we have the historic statistics of the copy portfolio if it’s a newish copy portfolio then you’ll notice there’s some stars next to the numbers
and this implies as it says here the stars are based on back tested results then you have actually got a typical danger rating here on the left hand side and likewise you can see the number of financiers in this copy portfolio and after that down at the bottom we have actually 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’ve got some nice graphs here which just show the various allocation however if you in fact want to see the actual holdings you can see the current holdings in there in the portfolio and their current profit and loss here um and if you alter this bit here you can see the historical trades this copy portfolio has closed out of so if we set that to possibly one year you can see the historic trades this copy portfolio has closed out of then on the last tab we have a chart revealing the performance of this copy portfolio with time so to purchase this you just click the huge button on the top 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 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 investing in copy portfolio now this copy portfolio did open straight away due to the fact that it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Active Trader Category Is Disabled Thinkorswim
If you were to really invest in 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 pause the financial investment you can change the stop loss or you can close the investment now if you desire to increase the financial investment one thing i have actually noticed when looking at a lot 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 understand if that’s the exact same for all of them but i looked at a handful and they did all seem to state it was a thousand that you could include minimum so that’s something definitely to bear in mind when opening your copy portfolio position so i hope this video has actually been practical 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 understand 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 investment i ‘d enjoy to understand and i checked out all your comments if you found this video handy in any way then i ‘d truly appreciate an early thumbs up as it really assists support the channel also for those of you thinking about registering to and haven’t 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 really helps support this channel so why not give a go prior to 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 functions like copy trading without losing any genuine cash also if you want to discover more about how works or more about personal financing 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 watching and i’ll capture you in the next one Active Trader Category Is Disabled Thinkorswim