eToro - Choosing New Traders - "Copy open Trades"?

Here's my profile on Etoro: https://etoro.tw/2rcYYm0
Earn Extra Money as an Affiliate: http://www.etoro.com/TJoinT2_A59104.aspx
Website: https://socialtradingvlog.com
Decentraland HQ: https://socialtrading.dcl.eth.link/

THE TRADERS IN MY eToro PORTFOLIO: (Affiliate Links)

BalticSeal: https://etoro.tw/2XFDZLG
Jaynemesis : (Equities/Cryptos/Mixed): https://etoro.tw/2UiBHRa
Slow And Steady (ETFs Only): https://etoro.tw/3dqAEpe
Miyoshi (Equities/ETFs/Indices): https://etoro.tw/3mEJGEx

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

eToro Affiliate Links may lead to compensation if followed

________________________________________________________________

MY BINANCE CRYPO LINK: (10% OFF Spread Fees)

https://www.binance.com/en/register?ref=VUF2GQR0

________________________________________________________________
All trading involves risk. Only risk capital you’re prepared to lose.
Past performance is not an indication of future results. This content is for educational / entertainment purposes only and is not investment advice.

Timecodes:

0:00 - Intro
0:56 - About This Series
02:50 - The Feed Page - eToro's Star System
04:49 - Profile Introduction
05:45 - Recommended Minimum Copy Amount
09:47 - Why Isn't My Trader Using My Money?

About The Video:

This is part 2 of my series exploring some of the things I look out for when I'm choosing new traders to copy on eToro.

In part 1, I went over the star system briefly, and talked about the "Minimum copy amount" recommendation which traders on eToro often suggest in their bio:

https://youtu.be/_TkvRBl4-7k

Today I'm focusing on the recommendation to "Copy Open Trades" which I regularly see on different traders' profiles.

So we look into what open trades are on eToro, and just why these traders are recommending we copy them.

Whenever we copy a new trader, we're presented with the option of whether we'd like to copy their open trades or not. If we do, then we copy all of the open positions which they currently have in their portfolio AND any new position which they open after we start copying them (provided we've copied them with enough money...)

If we choose NOT to copy open trades, then we won't copy any of their currently open positions, but instead will only start to copy the trades they make AFTER we start copying them.

It's a different strategy, so I go over some potential reasons why they may be suggesting the former rather than the latter.

The first has to do with how long they'll take to use up the funds we've copied them with (a very frequent source of complaints from people who make a mistake when copying...) and the second has to do with how their portfolio represents the trader's overall strategy rather than just being a collection of individual, disconnected trades...

Here's the full playlist for this series:
https://www.youtube.com/watch?v=_TkvRBl4-7k&list=PLSp_9hRpu6lJGN0vFmFrP83QuVHk1YzW1&ab_channel=SocialTradingVlog
Etoro Beginners Playlist: https://www.youtube.com/watch?v=-qeBPdi5LR8&list=PLSp_9hRpu6lKOj-KjMnlULlG62zXNIBz9

Affiliate Disclosure:

Many of the links in this description are affiliate links and eToro may pay me commission if you follow them.

Видео eToro - Choosing New Traders - "Copy open Trades"? канала Social Trading Vlog