If you’re the type of individual who creams the top of the earnings…Allys Trade Platform… off of a financial investment so then potentially you should invest straight into stocks or traders that you would want to copy rather than in a copy portfolio likewise while a few 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 alternative 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 purchase them manually yourself|This is my virtual account here so say for example you didn’t like a specific company or person that the copy portfolio had actually invested in or say for example you desired to close one position to take profits you would require 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 an investment so then perhaps you must invest straight into stocks or traders that you would desire to copy rather than in a copy portfolio likewise 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 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}
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 discover this out for certain however 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 wants to confirm 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 doesn’t imply 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 would not react and close out a position if there was a crash in the market whereas a genuine person could respond to the market and close out positions and possibly redeem in at a lower entry point this might be worth thinking about when choosing a market copy portfolio so to purchase 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 invest in copy portfolios this is my virtual account as i said before service and after that from here you’ve got the three types of copy portfolios that we were discussing 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 lots of different styles so it’s worth 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 comparable layout to a normal possession on with the feed on the very first page the description on the right here will generally outline what the copy portfolio’s method is and the minimum investment amount this should likewise lay out 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 always match the description on the second page so to find out 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 investment committee discretion including new listings or de-listing based on the terms discussed 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 allocation now you really require to take note of this as i discovered this the hard way and by this i may learn this in two methods so i really bought one of these crypto copy portfolios a long period of time ago when i was starting on and i didn’t inspect the weightings and i presume they were all equivalent yes i know i was a huge noob and a novice well one of 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 then as cryptos do it got better up uh since they are so volatile so not only did i lose a great deal of cash and i wasn’t able to buy back ins because the cost had bounced up however i also can’t bear to believe more that would be worth now today it’s just uh i missed i lost out on that one but it’s lesson to find out and often the best lessons in trading are regrettably found out the hard way you will not forget them when you make a horrible mistake like that so carrying on from that if we scroll further down we have the historic stats of the copy portfolio if it’s a newish copy portfolio then you’ll observe there’s some stars beside the numbers
and this indicates as it states here the stars are based on back evaluated outcomes then you’ve got an average threat rating here on the left hand side and also you can see the number of investors in this copy portfolio and then down at the bottom we’ve got some nice graphs for net direct exposure and allowance then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some good graphs here which just show the different allotment however if you in fact want to see the real holdings you can see the current holdings in there in the portfolio and their existing profit 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 perhaps 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 gradually so to purchase this you simply 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 started investing in copy portfolio now this copy portfolio did open immediately because it’s a crypto portfolio and the markets are open 24 7. now i’m recording this video on a sunday Allys Trade Platform
so if you were to in fact buy a copy portfolio that invested in stocks then it would not actually 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 financial investment you can adjust the stop loss or you can close the financial investment now if you wish to increase the financial investment one thing i have seen when looking at a lot of these is that the minimum amount you can add to a copy portfolio once it is open is a thousand dollars now i don’t know if that’s the same for all of them but i took a look at a handful and they did all appear to say it was a thousand that you might add 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 understand in the comments let us understand if you purchase copy portfolios and if so which ones or
which ones do you think could be an excellent investment i ‘d like to know and i checked out all your remarks if you discovered this video practical in any way then i ‘d truly value an early thumbs up as it really assists support the channel likewise for those of you thinking about signing up to and have not currently then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it does not cost you anything additional but it actually assists support this channel so why not give a go before depositing any genuine money as they will offer you a demo 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 wish to find out more about how works or more about personal financing and investing then i have various 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 Allys Trade Platform