If you’re the type of individual who creams the top of the profits…Etoro Pyg… off of an investment so then perhaps you need to invest straight into stocks or traders that you would wish to copy instead of 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 quite 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 some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then purchase them manually yourself|This is my virtual account here so state for example you didn’t like a particular 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 need 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 revenues off of an investment so then possibly you should 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 five thousand us dollars and 5 thousand us dollars might be a lot so your alternative 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}
clearly if you did this you would not get any rebalancing as you would on a copy portfolio now potentially another unfavorable of copy portfolios and i couldn’t 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 wishes to validate 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 does not imply you can’t personally set a stop loss on the copy portfolio yourself however state for example if you’re copying a market copy portfolio it wouldn’t react and close out a position if there was a crash in the market whereas a genuine person could react to the market 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 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 purchase copy portfolios this is my virtual account as i stated before service and then 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 various ones in here with lots of different styles so it deserves having a browse so say let’s just click this crypto copy portfolio here that with its outright crazy results of 935 spot for two in the last 12 months that’s mad so it’s an extremely similar layout to a typical asset on with the feed on the first page the description on the right here will typically outline what the copy portfolio’s method is and the minimum financial investment amount this need to also lay out how typically 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 just discovered here the description on the very first page does not constantly match the description on the 2nd page so to discover the rebalancing if you go on here i have actually simply found that by looking 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 financial investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the property allowance now you really require to bear in mind of this as i learned this the hard way and by this i might learn this in 2 ways so i really purchased one of these crypto copy portfolios a long time ago when i was beginning on and i didn’t check the weightings and i presume they were all equal yes i know i was a huge noob and a novice well one of 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 squandered my position and then as cryptos do it recuperated up uh because they are so unstable so not just did i lose a great deal of money and i wasn’t able to redeem ins due to the fact that the rate had actually bounced up but i also can’t bear to think more that would be worth now today it’s simply uh i missed i missed out on that one but it’s lesson to learn and often the best lessons in trading are sadly learnt the hard way you will not forget them when you make a horrible mistake like that so proceeding 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 beside the numbers
and this suggests as it states here the stars are based on back tested outcomes then you’ve got a typical threat rating here on the left hand side and also you can see the variety of investors in this copy portfolio and after that down at the bottom we’ve got some good graphs for net exposure and allowance then if you click on the portfolio here you can see the current holdings in the portfolio and you have actually got some great charts here which simply reveal the different allotment but if you actually wish to see the real holdings you can see the current holdings in there in the portfolio and their present revenue and loss here um and if you alter this bit here you can see the historic trades this copy portfolio has actually closed out of so if we set that to possibly one year you can see the historic trades this copy portfolio has liquidated of then on the last tab we have a chart revealing the efficiency of this copy portfolio in time so to buy this you just click the huge button on the top right that says invest and after that 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 investing in copy portfolio now this copy portfolio did open straight away due to the fact that it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Etoro Pyg
so if you were to really purchase a copy portfolio that invested in stocks then it would not in fact 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 stop briefly the investment you can adjust the stop loss or you can close the financial investment now if you want to increase the financial investment one thing i have actually seen when looking at a bunch of these is that the minimum amount 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 however i looked at a handful and they did all seem to say it was a thousand that you could include minimum so that’s something absolutely to remember when opening your copy portfolio position so i hope this video has been practical to you if you are thinking about buying 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 buy copy portfolios and if so which ones or
which ones do you think could be a good financial investment i ‘d love to understand and i checked out all your comments if you discovered this video handy in any way then i ‘d really value an early thumbs up as it actually assists support the channel likewise for those of you interested in registering to and have not 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 extra however it really helps support this channel so why not give a go prior to depositing 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 features like copy trading without losing any real cash also if you want to discover more about how works or more about personal finance and investing then i have many videos on my channel so i advise you check them out so please subscribe and push the bell icon so you do not lose 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 Etoro Pyg