Hi Tom, just discovered your videos and really enjoying them so thank you. Your asking all the questions that others want to the answers to. Look forwards to the next one.
I really enjoy the positivness and self awareness you share on this Channel. A real bowl a fresh air to watch your videos, thank you and keep your contagious motivation up! 🙂
Hi Tom, the algorithm pushed your breezy demeanour vlog my way today, after I looked at what Etoro currently offers. Love your positivity and enthusiasm.
It's not about making money but rather managing risk. The trader who is up 60% today - must have "risk management" as foundation principles. The other trader who is up 60% goes off and celebrates forgetting about "controlling the losses" which will come in the days ahead. Thanks for the video.
Thanks for watching and your reply! :) I'm still learning about when risk is good, and when to be more prudent - I tend to get it the wrong way round a lot.
Hey Tom, I am a fellow trader on eToro since 2012 but I have never signed up as a trader to be copied. Last time I looked your risk score had to be below 6 in order to be payed for having copiers. Do you know if that is still the rules?
NEVER pay any attention to anyone's boasting about performance, that's the best tip, don't ever let emotion make you envious, there's a very high chance they'll blow their account and go silently into the night.
Nicely done mate. But after 3d minute I started thinking how the heck etoro can pay them so much. As I understand it's either lots of hidden commissions or tons of individual traders loses
Or eToro has other ways of monetising all of this which I'm not aware of, and it's paying them our of a portion of that... I mean they're valued in the billions at this point, so they're obvious making a fortune off all this.
I just don’t get it. People follow someone who makes a few percent a year while they could just lend out USDT on an exchange for between 20 and 45% apy without any risk. Trading is only good for the providers who make money whether you lose or win. So, step out of it and become a provider by lending or staking or liquidity providing etc. There is no money in trading. Trading is dead
Hey there :) Where are you getting these APYs? Are you staking USDT single-sided? Or are you forming LPs with a native protocol token on a dex? I find it very hard to believe there'd be this APY without either serious protocol, token, or counterparty (sus exchange) risk. If you've really found a zero-risk way to make 45% apy, then you've found a grail sir :) Nice. Please show me! I've yet to find that. There's always been a risk equal to the promised yield so far, and I often saw it too late unfortunately.
I personally think that emotions are the hardest aspect of investing. It's not really about knowing the market, charts, and so on-that part is simple. It's the emotional aspect that is the downfall of all retail traders. So, I wholeheartedly agree with you.
The trader you refer to hit 23% last year and 1.6% in 2024 so far. My stats are 89% for 2023 and 7.6% so far in 2024 so definitely something I need to think about. Thank you 👍
Hi I just start etoro. It shows my portfolio money I invest in. But I want to start buying stocks. It won't let me. When I try to buy it says I have 0.0 cash. Can you help
Hi Tom, have you got problem withdrawal the money from Etoro? It takes ages. Let's take a video to testing how long can you withdrawal the money from Etoro
@@SocialTrading You can see the review in google. I am planning to deposit large amount in etoro but after saw those review about withdrawal, I step back.
Oh and by the way, if you do become a popular investor, DONT watch your stats if you cant handle the pressure. Stay cool and trade as if you were alone. Buisness as usual style otherwise you'll crumble into silly risk!
Would love to learn how to trade on my own. I just don't have the time... with a day job and all, which is why copy trading really appeals to me. I have learnt a lot though just by watching what trades they make which is quiet interesting.
Yeah, I mean I have the channel, so I've been learning that way, but I think it was true for me too that listening to the updates of people I copy, or just seeing what they say on their feed and watching their trades a bit, I definitely learnt. I think once your money's in play in any way, your attention is just naturally there more. I was actually watching videos about High Frequency trading when I came across eToro :) I was looking for some sort of trading algo service where they'd let me use their AI for a percentage maybe... Found eToro, and it fulfilled the same sort of passive idea.
Also keep an eye on genetic therapy/gene editing stocks like verve and crspr therapeutics. The future of medicine👌 oh and (Infosys) a company owned by Rishi Sunaks wife, will sure to do well long term 👍
FYI, you can now have two trading profiles using the same personal credentials (KYC info). So, you can copy trade with one account, and manually trade (become a PI) with the other. Happy trading!
@@SocialTrading I spoke to my account manager and it got done. The only issue was using the same phone number for authenticating different accounts - this required a verification call with tech support. But once done, all good. Two different logins, two different trading accounts 🚀 The only caveat I can think of is that I am a Platinum+ member.
I've copied people who were doing well and then suddenly blew it all, but they had less stats, and maybe I should have seen it coming. I'm not sure... Once somebody I was copying got banned for scalp trading :) That was a shocker as he was a good trader with loads of copiers. They definitely do have rules...
@@SocialTrading even if they had amazing stats, one day in the world economy can wipe everything off. Especially nowadays in unstable times. But obviously its not that likely to happen.
They get sent to your email once each month, but I think it's only for PIs with green or black stars,. It's called "Popular Investor's Monthly Fact Sheet" and comes from etoro.
That's odd... Not sure what's going on there. Jay's is linked to at the bottom of his bio - bit.ly/3uIt7LN , and campervans' is too - bit.ly/3cmQDXp :) Just found them.
Hey there. So the 0.33% is referring to here overall portfolio gain i believe, whereas the 2.17% is the gain on this specific trade we're looking at. Remember, she's not using all of her account money on each trade, so even though the trade has made 2.17% in profit (on the original amount she invested in this trade), that has only moved her overall account size into 0.33% profit.
I wonder if you can start an account with only $200 and get a couple of years under your belt with the past performance history to increase copy conversion then look to build up assets and market yourself
I'd imagine so - but then after two years of trading with green stats, I reckon skill as a trader has been established. But then there's the effect of having more capital and actually having people copying you... Maybe that switch would explain some of the trading stats I've seen over the years where everything seems to be going well and then they suddenly become more volatile or so conservative that they make tiny gains...
why dont you become a popular investor and just copy another professionals $100 monthly service like Gareth Soloway, thereby collecting etoros $500 a month as a Champion
:) I've considered it... But still, I'd need to understand how they were trading, and the assets they were watching, and etc etc etc, and I'd basically be living a trading lifestyle anyhow. Which really isn't for me...
Same here :) It's tempting though when I see what Izabee's managed to do. I know it's taken her years of steady progress to get there, but It does start me wondering...
$45.000 per month? Yes, please :D :D :D But dont you have to have green stats to maintain your Popular Investor status? What if all your stats go red and you start losing? Will etoro still support you and give you money when you lose most of your copiers?
I'm not sure - I think that as your copiers fell, your AUM/AUC would also fall, so you'd get less and less. I know they have limits to what risk score you're allowed to hit and still be on the program (I think it's 7...) but I'm not sure if there's any cut-off switch if you start losing too quickly or anything like that.
Good video. I have made 32-125% every year seens i started investing in 2018, i just now started to be a popular investor, gott 4 coppiers in 4 months, not to bad. Beating the SPX500 by 1.2% in past 4 months, and im not day trading, running a consentrated portfolio buying quality when cheap, 5 holdings atm but look to expand to 10-20 when i can gett other companies and safe margin. All my positions are up 8-25%. Im happy if i can gett 400$ to reinvest and compound, i plan to compound at 25%+ every year so i can retire in 27 years from now. I follow the mindset of Li Lu, Buffet, Peter lynch and Terry Smith among other less known. I am presently invested in the beauty industry, companies benefiting from the decreasing cost of aluminum, and the emerging trend of coffee, among others. I lean towards identifying long-term trends that can enhance already high-quality businesses.
@SocialTrading if you ever want to talk about investing my e t oro is epicquality, as someone who is passionate about investing, im always up for discussions
@SocialTrading They straight up LIED. I was moving countries and informed them, they verified my new location, made me tske selfies,,submit my passport, phone number and all. A while later tild me to close my account as they don't operate in the country I relocated to. Their agent told me that they do. I asked and I have the proof. Now they say the only way to get my money is to provide my PayPal account from the country I moved away from.
@hanlin7024 Really? Well you said "you haven't " so that's valid. I have seen several. They were dishonest and told blatant LIES. I got my funds eventually after calling out all their LIES.
I also found that my copy trade gave me pretty much every single one of my poor red months on my history. So even though I had good gains, sadly my past performance has now been scrubbed by copying :(
Hmmmmmmm... Not sure. Could have been lucky too. Maybe not though - time and stats will always tell for all of us. But if it IS possible, then PI status beckons :)
He actually replied further down in the comments saying that it was at some point a couple of years ago when everything was closed. I think he's moved off eToro now into what he considers more appropriate U.K assets.
Nice. I hear a lot of people have been investing in treasuries lately as they’re seen as risk free and giving above 5% which is apparently high for those types of assets…
Hi. What happen if I close all positive trades from someone Im copying on etoro and is preforming bad? In this case jaynemesis. will it work to close the positive trades and waite for the other traids to go up? thanks to anyone that can help with this question. Maybe I could use the money I take from that traider to put on another that is preforming better
Hey there, you can close copied trades manually from your portfolio, but I'm not sure whether it's a good idea or not. Have you asked Jay on his timeline, or seen if other people are expressing your same concerns - may he's answered one of them?
@@SocialTrading Hi thanks for answering my question. I didn't see anyone doing it but was wondering if that would work... have you ever tried something similar or what do you think can go wrong if I do it? Thanks again
There's a few things to potentially think about. Jay's probably only got those positions open still as believes there's more profit to be made from them. He might have some understanding or knowledge which you don't, so whilst you might close them (from what I understand you want to close the Winning trades rather than the losing ones) and try to find somewhere else to put your money, will that new place yield a higher return than if you just left the trades open? It's so hard to tell. I'd ask him for his views on the positions just in case there's some obvious event coming up or something which will help the positions. Secondly, your stats and Jay's stats will become unlinked. Over time, they'd sync back up, but in the short term, there'd be a big un-syncing. Thirdly, I'm not sure if Jay uses 'long-short' hedging strategy in his portfolio, so it might be that some of the positions you close are acting as a sort of defensive guarantee against other parts of the market going badly. So closing some may upset the overall balance and purpose of the portfolio composition. Basically sometimes a trader will open a position, but they'll be aware that the market may move against them in a specific way, so they open another position to cover themselves if that potential event does happen. It's called 'hedging' like 'hedging your bets'. I'm not sure if he's doing that - he could be. I think it might also depend on the length of time he's had these trades open and how long he normal keep trades in that asset open for. If it's something he's been holding for a very long time, then closing it manually will mean your copy diverges from his portfolio strategy for a long time potentially. If it's a short-term trade it may not have such a great impact.
Hi Tom, just discovered your videos and really enjoying them so thank you. Your asking all the questions that others want to the answers to. Look forwards to the next one.
Cheers Jay :)
I really enjoy the positivness and self awareness you share on this Channel. A real bowl a fresh air to watch your videos, thank you and keep your contagious motivation up! 🙂
Cheers Jeremy :)
I enjoyed the upfront honest opinion about gambling vs investing as well as the exciting possibility of becoming a leader in this area.
Hi Tom, the algorithm pushed your breezy demeanour vlog my way today, after I looked at what Etoro currently offers. Love your positivity and enthusiasm.
Thanks so much :)
Good job again, Thomas!
Honest and good vibe video!
Thanks :) I really don't know how I'd hold up under the pressure... It's a lot to have all those eyes watching you.
It's not about making money but rather managing risk. The trader who is up 60% today - must have "risk management" as foundation principles. The other trader who is up 60% goes off and celebrates forgetting about "controlling the losses" which will come in the days ahead. Thanks for the video.
Thanks for watching and your reply! :) I'm still learning about when risk is good, and when to be more prudent - I tend to get it the wrong way round a lot.
Very kind of you to reply. @@SocialTrading
Hey Tom, I am a fellow trader on eToro since 2012 but I have never signed up as a trader to be copied. Last time I looked your risk score had to be below 6 in order to be payed for having copiers. Do you know if that is still the rules?
I think it can be at 6 now too. I think* You'd have to check to make sure...
NEVER pay any attention to anyone's boasting about performance, that's the best tip, don't ever let emotion make you envious, there's a very high chance they'll blow their account and go silently into the night.
Yeah, I'm very wary of boasts about big profits these days :)
Nicely done mate. But after 3d minute I started thinking how the heck etoro can pay them so much. As I understand it's either lots of hidden commissions or tons of individual traders loses
Or eToro has other ways of monetising all of this which I'm not aware of, and it's paying them our of a portion of that... I mean they're valued in the billions at this point, so they're obvious making a fortune off all this.
I just don’t get it. People follow someone who makes a few percent a year while they could just lend out USDT on an exchange for between 20 and 45% apy without any risk.
Trading is only good for the providers who make money whether you lose or win. So, step out of it and become a provider by lending or staking or liquidity providing etc. There is no money in trading. Trading is dead
Hey there :) Where are you getting these APYs? Are you staking USDT single-sided? Or are you forming LPs with a native protocol token on a dex? I find it very hard to believe there'd be this APY without either serious protocol, token, or counterparty (sus exchange) risk. If you've really found a zero-risk way to make 45% apy, then you've found a grail sir :) Nice. Please show me! I've yet to find that. There's always been a risk equal to the promised yield so far, and I often saw it too late unfortunately.
I personally think that emotions are the hardest aspect of investing. It's not really about knowing the market, charts, and so on-that part is simple. It's the emotional aspect that is the downfall of all retail traders. So, I wholeheartedly agree with you.
The trader you refer to hit 23% last year and 1.6% in 2024 so far. My stats are 89% for 2023 and 7.6% so far in 2024 so definitely something I need to think about. Thank you 👍
Hope it all goes well for you! :)
Thanks @SocialTrading. Hope you took a look at verve therapeutics, it's up 6% today and really well this week 👍
thanks :)
Hi I just start etoro. It shows my portfolio money I invest in. But I want to start buying stocks. It won't let me. When I try to buy it says I have 0.0 cash. Can you help
Best to talk to eToro directly if it's about your money not showing up in your account I think.
Love your videos, with your positivity and enthusiasm ❤
Thanks so much :)
Hi Tom, have you got problem withdrawal the money from Etoro? It takes ages. Let's take a video to testing how long can you withdrawal the money from Etoro
Hey there - no, I’ve never had a problem with withdrawing. How long has it taken?
@@SocialTrading You can see the review in google. I am planning to deposit large amount in etoro but after saw those review about withdrawal, I step back.
Oh and by the way, if you do become a popular investor, DONT watch your stats if you cant handle the pressure. Stay cool and trade as if you were alone. Buisness as usual style otherwise you'll crumble into silly risk!
Seems a tall order :) Can you imagine seeing $50 million copying you!
@@SocialTrading id actually quite like that 😎
Yeah, come to think of it, it would have a definite upside :)
Would love to learn how to trade on my own. I just don't have the time... with a day job and all, which is why copy trading really appeals to me. I have learnt a lot though just by watching what trades they make which is quiet interesting.
Yeah, I mean I have the channel, so I've been learning that way, but I think it was true for me too that listening to the updates of people I copy, or just seeing what they say on their feed and watching their trades a bit, I definitely learnt. I think once your money's in play in any way, your attention is just naturally there more. I was actually watching videos about High Frequency trading when I came across eToro :) I was looking for some sort of trading algo service where they'd let me use their AI for a percentage maybe... Found eToro, and it fulfilled the same sort of passive idea.
Thank you so much for your videos, I am learning so much!
Thank you for watching! :)
Also keep an eye on genetic therapy/gene editing stocks like verve and crspr therapeutics. The future of medicine👌 oh and (Infosys) a company owned by Rishi Sunaks wife, will sure to do well long term 👍
cheers for the tips :)
FYI, you can now have two trading profiles using the same personal credentials (KYC info). So, you can copy trade with one account, and manually trade (become a PI) with the other. Happy trading!
Hey there - I asked my account manager, and he said he'd never heard of this :) Any idea how that's done?
@@SocialTrading I spoke to my account manager and it got done. The only issue was using the same phone number for authenticating different accounts - this required a verification call with tech support. But once done, all good. Two different logins, two different trading accounts 🚀 The only caveat I can think of is that I am a Platinum+ member.
Hmmmmm. I'll ask and see. Thanks for the reply!
I think its a quite gamble on all levels, even some experts are red - and they are experts.
I've copied people who were doing well and then suddenly blew it all, but they had less stats, and maybe I should have seen it coming. I'm not sure... Once somebody I was copying got banned for scalp trading :) That was a shocker as he was a good trader with loads of copiers. They definitely do have rules...
@@SocialTrading even if they had amazing stats, one day in the world economy can wipe everything off. Especially nowadays in unstable times. But obviously its not that likely to happen.
Tom where are those sheets found on the individual investors that we follow?
They get sent to your email once each month, but I think it's only for PIs with green or black stars,. It's called "Popular Investor's Monthly Fact Sheet" and comes from etoro.
@@SocialTrading I must be missing these some how pal. I follow Jay and camper vans and ain’t seen any fact sheets
That's odd... Not sure what's going on there. Jay's is linked to at the bottom of his bio - bit.ly/3uIt7LN , and campervans' is too - bit.ly/3cmQDXp :) Just found them.
@@daveharley4302same here, I don't get them at all.
4:13 in the history there are 2.17% and 0.33% what`s the different between them?
Hey there. So the 0.33% is referring to here overall portfolio gain i believe, whereas the 2.17% is the gain on this specific trade we're looking at. Remember, she's not using all of her account money on each trade, so even though the trade has made 2.17% in profit (on the original amount she invested in this trade), that has only moved her overall account size into 0.33% profit.
thank you very much @@SocialTrading
Can the people copying see the trader's charts and indicators, wouldn't want to give away my strategy but don't mind making trades for people.
I wonder if you can start an account with only $200 and get a couple of years under your belt with the past performance history to increase copy conversion then look to build up assets and market yourself
I'd imagine so - but then after two years of trading with green stats, I reckon skill as a trader has been established. But then there's the effect of having more capital and actually having people copying you... Maybe that switch would explain some of the trading stats I've seen over the years where everything seems to be going well and then they suddenly become more volatile or so conservative that they make tiny gains...
why dont you become a popular investor and just copy another professionals $100 monthly service like Gareth Soloway, thereby collecting etoros $500 a month as a Champion
:) I've considered it... But still, I'd need to understand how they were trading, and the assets they were watching, and etc etc etc, and I'd basically be living a trading lifestyle anyhow. Which really isn't for me...
Thanks a lot Tom! I made the same mistakes, that's why I copy trade.. :-)
Same here :) It's tempting though when I see what Izabee's managed to do. I know it's taken her years of steady progress to get there, but It does start me wondering...
$45.000 per month? Yes, please :D :D :D But dont you have to have green stats to maintain your Popular Investor status? What if all your stats go red and you start losing? Will etoro still support you and give you money when you lose most of your copiers?
I'm not sure - I think that as your copiers fell, your AUM/AUC would also fall, so you'd get less and less. I know they have limits to what risk score you're allowed to hit and still be on the program (I think it's 7...) but I'm not sure if there's any cut-off switch if you start losing too quickly or anything like that.
Thanks Tom 👍💰🤑
:) I'm considering trying...
You cant open a 2nd account on etoro
Hard eh, as it's tied to your addresss... Was wondering if I could try asking them though.
@@SocialTrading I called my contact trying to open a 2nd, separating my investing from my trading. Nope, it's tied to your tax details.
Good video.
I have made 32-125% every year seens i started investing in 2018, i just now started to be a popular investor, gott 4 coppiers in 4 months, not to bad.
Beating the SPX500 by 1.2% in past 4 months, and im not day trading, running a consentrated portfolio buying quality when cheap, 5 holdings atm but look to expand to 10-20 when i can gett other companies and safe margin. All my positions are up 8-25%.
Im happy if i can gett 400$ to reinvest and compound, i plan to compound at 25%+ every year so i can retire in 27 years from now.
I follow the mindset of Li Lu, Buffet, Peter lynch and Terry Smith among other less known.
I am presently invested in the beauty industry, companies benefiting from the decreasing cost of aluminum, and the emerging trend of coffee, among others. I lean towards identifying long-term trends that can enhance already high-quality businesses.
Sounds great sir! Well done :)
@SocialTrading if you ever want to talk about investing my e t oro is epicquality, as someone who is passionate about investing, im always up for discussions
How to copy your trades?
I think some of those success profiles are fake to encourage people to play!
That'd be depressing...
I have been copying Jeppe and will continue to copy him.
He's been doing so well for such a long time, it's quite something. He was also very nice when I interviewed him way back. :)
Stay away from these Etoro promoters. Stay away from etoro.
Bad experience with them? What happened?
@SocialTrading They straight up LIED. I was moving countries and informed them, they verified my new location, made me tske selfies,,submit my passport, phone number and all. A while later tild me to close my account as they don't operate in the country I relocated to. Their agent told me that they do. I asked and I have the proof. Now they say the only way to get my money is to provide my PayPal account from the country I moved away from.
Whenever I see someone saying "stay away from etoro" they never actually say what's bad about it
@hanlin7024 then you haven't read all my posts. I will not make lengthy posts about it all the time.
@hanlin7024 Really? Well you said "you haven't " so that's valid. I have seen several. They were dishonest and told blatant LIES. I got my funds eventually after calling out all their LIES.
I also found that my copy trade gave me pretty much every single one of my poor red months on my history. So even though I had good gains, sadly my past performance has now been scrubbed by copying :(
Unfortunate!
pretty sure that guy at start of the vid is talking bull
Hmmmmmmm... Not sure. Could have been lucky too. Maybe not though - time and stats will always tell for all of us. But if it IS possible, then PI status beckons :)
@@SocialTrading would of been better if he linked his account to show proof but as I always say, no proof then it's a lie.
He actually replied further down in the comments saying that it was at some point a couple of years ago when everything was closed. I think he's moved off eToro now into what he considers more appropriate U.K assets.
@@SocialTrading ahhhh I didn't see that, that's fair enough
Tesla and microstratergy(Bitcoin proxy) That is all im doing now
Is that Mr Saylor?
Yep
what is this? Are you copying a trader to do this?
@natk90 no. Just buying Tesla and Microstratergy
I want to get rich fast!
Hehehe, everyone does but unfortunately that’s the quickest way to lose everything too… :)
@@SocialTrading :)
i always check for companies that pay good dividends on trading 212 if they are better than the traders on etoro i put money there instead
What would you say the ratio is? Are you more going for dividends or more towards copy trading in terms of capital allocation?
@@SocialTrading ive gone more for dividends this year just because it was safer while i looked for people on etoro
Nice. I hear a lot of people have been investing in treasuries lately as they’re seen as risk free and giving above 5% which is apparently high for those types of assets…
@@SocialTrading sounds interesting ill check them out
Hi. What happen if I close all positive trades from someone Im copying on etoro and is preforming bad? In this case jaynemesis. will it work to close the positive trades and waite for the other traids to go up? thanks to anyone that can help with this question.
Maybe I could use the money I take from that traider to put on another that is preforming better
Hey there, you can close copied trades manually from your portfolio, but I'm not sure whether it's a good idea or not. Have you asked Jay on his timeline, or seen if other people are expressing your same concerns - may he's answered one of them?
@@SocialTrading Hi thanks for answering my question. I didn't see anyone doing it but was wondering if that would work... have you ever tried something similar or what do you think can go wrong if I do it? Thanks again
There's a few things to potentially think about. Jay's probably only got those positions open still as believes there's more profit to be made from them. He might have some understanding or knowledge which you don't, so whilst you might close them (from what I understand you want to close the Winning trades rather than the losing ones) and try to find somewhere else to put your money, will that new place yield a higher return than if you just left the trades open? It's so hard to tell.
I'd ask him for his views on the positions just in case there's some obvious event coming up or something which will help the positions.
Secondly, your stats and Jay's stats will become unlinked. Over time, they'd sync back up, but in the short term, there'd be a big un-syncing.
Thirdly, I'm not sure if Jay uses 'long-short' hedging strategy in his portfolio, so it might be that some of the positions you close are acting as a sort of defensive guarantee against other parts of the market going badly. So closing some may upset the overall balance and purpose of the portfolio composition. Basically sometimes a trader will open a position, but they'll be aware that the market may move against them in a specific way, so they open another position to cover themselves if that potential event does happen. It's called 'hedging' like 'hedging your bets'. I'm not sure if he's doing that - he could be.
I think it might also depend on the length of time he's had these trades open and how long he normal keep trades in that asset open for. If it's something he's been holding for a very long time, then closing it manually will mean your copy diverges from his portfolio strategy for a long time potentially. If it's a short-term trade it may not have such a great impact.
I'm really not sure what to do though :) I frequently made very bad decisions, so my sympathies on your decision!
@@SocialTrading I do understand that. Thank you
Tesla up 99% ytd. MSTR up 113% and the future is very bright
It's been doing so well :)