If you’re the sort of individual who creams the top of the profits…Loading Coinbase Method… off of an investment so then potentially you ought to invest directly into stocks or traders that you would wish 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 a few of these is quite high all the trader based copy portfolios need at least 5 thousand us dollars and 5 thousand us dollars could be a lot so your alternative is to potentially take a look at a few of the traders in these coffee portfolios or look at the stocks in a copy portfolio and after that invest in them manually yourself|This is my virtual account here so say for example you didn’t like a particular business or person that the copy portfolio had actually invested in or state for example you desired to close one position to take earnings you would need to close the investment entirely so that’s something to bear in mind if you’re the kind of individual who creams the top of the profits off of an investment so then possibly you should invest directly into stocks or traders that you would desire 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 need at least 5 thousand us dollars and five thousand us dollars could be a lot so your alternative 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 manually yourself}
clearly 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 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 feel free to get in contact and then i’ll put it as the pin remark listed below now this doesn’t mean 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 respond and close out a position if there was a crash in the market whereas a real person could react to the marketplace and close out positions and potentially redeem in at a lower entry point this may deserve considering when picking a market copy portfolio so to purchase copy portfolios
Why do you need 25k to day trade?
you would to start with go to the following link on the left here that says invest in copy portfolios this is my virtual account as i stated before service and then from here you have actually got the 3 kinds of copy portfolios that we were speaking about before and if you drill into these you can see all of the copy portfolios they have on offer and there’s loads of various ones in here with lots of various styles so it’s worth having a browse so state let’s simply click this crypto copy portfolio here that with its outright insane results of 935 spot for 2 in the last 12 months that’s mad so it’s a very comparable design to a typical asset on with the feed upon the very first page the description on the right here will normally detail what the copy portfolio’s methodology is and the minimum financial investment amount this need to likewise lay out how frequently it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment quantity is 1 000 us dollars so as i’ve just seen here the description on the very first page doesn’t constantly match the description on the 2nd page so to discover 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 annual or by the financial investment committee discretion consisting of new listings or de-listing based upon the terms mentioned above and the minimum investment
amount is 1000 us dollars so as you can see here on the right-hand man side we’ve got the asset allowance now you really require to bear in mind of this as i discovered this the hard way and by this i may discover this in two methods so i really purchased among 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 understand i was an enormous 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 squandered my position and after that as cryptos do it recuperated up uh since they are so volatile so not only did i lose a great deal of money and i wasn’t able to buy back ins due to the fact that the rate had actually bounced up however i likewise can’t bear to believe more that would deserve now today it’s simply uh i missed i lost out on that one but it’s lesson to discover and in some cases the very best lessons in trading are sadly discovered the hard way you won’t forget them when you make a dreadful error like that so carrying on from that if we scroll further down we have the historical statistics of the copy portfolio if it’s a newish copy portfolio then you’ll observe there’s some stars beside the numbers
and this means as it states here the stars are based on back tested outcomes then you have actually got a typical risk score 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 great graphs for net direct exposure and allotment then if you click on the portfolio here you can see the existing holdings in the portfolio and you have actually got some great graphs here which simply reveal the different allocation but if you really wish to see the actual holdings you can see the current holdings in there in the portfolio and their present profit and loss here um and if you alter this bit here you can see the historical 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 closed out of then on the last tab we have a chart revealing the performance of this copy portfolio with time so to buy this you simply click the huge button on the top right that states 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 just know there is a minimum and a maximum 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 immediately because it’s a crypto portfolio and the marketplaces are open 24 7. now i’m recording this video on a sunday Loading Coinbase Method
so if you were to actually buy a copy portfolio that invested in stocks then it would not actually open those positions till the marketplaces 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 investment now if you wish to increase the financial investment something i have observed when looking 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 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 could include minimum so that’s something definitely to remember when opening your copy portfolio position so i hope this video has been helpful to you if you are thinking about buying a copy portfolio then please do your own due diligence first if you’ve got any questions on this video then please let me know in the remarks let us understand if you invest in copy portfolios and if so which ones or
which ones do you believe could be a good investment i ‘d like to know and i checked out all your comments if you found this video handy in any way then i ‘d really appreciate an early thumbs up as it actually assists support the channel also for those of you thinking about signing up to and haven’t currently then there’s an an affiliate link listed below where if you do register using it then i will get a kickback and it does not cost you anything extra however it really assists support this channel so why not give a go prior to 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 functions like copy trading without losing any genuine money likewise if you want to learn more about how works or more about personal finance and investing then i have numerous videos on my channel so i advise 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 enjoying and i’ll capture you in the next one Loading Coinbase Method