Etoro Copy Trading For Beginners - How to make passive income copy trading

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  • @conversationofmoney
    @conversationofmoney  3 роки тому

    The copy trade feature in etoro has some great features that could help you generate passive income copy trading. In this video, we explore what is it, why you might copt trade, the benefits and a shopping list of what you should look for when picking some to copy trade. If you're not using etoro and want to start using them, this is my referral link - bit.ly/investwithetoro

    • @Ithica87
      @Ithica87 3 роки тому

      I can't use etoro in Canada. Do you have any other similar sites I could use to copy trades?

    • @MichaelKarma1
      @MichaelKarma1 3 роки тому +1

      Hi there I am in finance for 20 years and love your your channel; I do trading and have for some time but have no idea how to automate it; any chance of a video on this topic.

    • @blackmedia1226
      @blackmedia1226 3 роки тому

      Can I get one on one teaching with you pls

  • @cake8888
    @cake8888 3 роки тому +3

    I've subscribed to this channel. Just on the basis, he said 'consider subscribing,' rather than telling me to, or assuming I'm going to. Seems like a knowledgeable and basically a decent bloke too.

  • @sw793
    @sw793 3 роки тому +4

    I think it is important to consider and mention the option about copying open trades as how stocks have performed since the originator opened them can affect your short term performance. A lot of people do not understand if a stock has performed well since the person you are copying opened a position it can make your copy look bad for months as you are purchasing at a higher price. This reinforces that you need a long term view as your copy will not really mimic the person you are copying for months or even a year or two.

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      Very true point of entry is an important factor in the overall journey

  • @henryfoster3235
    @henryfoster3235 2 роки тому +1

    Loved the parameters you shared! Glad I also looked for these while choosing Zulutrade for copy trading.

  • @polly.1806
    @polly.1806 3 роки тому +1

    Very useful and concise video for beginners like me who does not have much knowledge about investing but intrigued and willing to learn. I really appreciate that you are sharing your knowledge and educate people with the practicality of your video.Brilliant

  • @saurabhchavda4820
    @saurabhchavda4820 3 роки тому +1

    Very useful video, but it would be more helpful if you showed us what happened after pressing the 'Confirm' button, and saw us complete the process. I would say it's still a great informative video. Thank you so much.

  • @General_SnuSnu
    @General_SnuSnu 3 роки тому +3

    Great video as always, really appreciate the free advice you offer!

  • @AlwynUys
    @AlwynUys Рік тому

    Great video thank you Sir.

  • @oyejaiyeola6958
    @oyejaiyeola6958 3 роки тому +1

    I am presently copying 6, of which one is a blue star (a deliberate choice)... Want to see if the rookie, would be better than the masters!!!!

  • @InvestingEducation
    @InvestingEducation 3 роки тому +2

    Great video. Love the etoro platform, I am a PI there. Just subbed, keep it up.

  • @rayg3390
    @rayg3390 3 роки тому

    You never disappoint! Great video. Keep up the sterling work. I have just subscribed to to your channel.

  • @mexzydon
    @mexzydon 3 роки тому +2

    This’s what I’m looking for thanks man

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      No problem 👍

    • @veritas3966
      @veritas3966 3 роки тому

      For good and steady growth of your invested money, you can copy my etoro account. chiril 27 is the name of the account.

  • @qweenlyco
    @qweenlyco Рік тому

    Very Comprehensive Thank You

  • @VanessaRivera-h7c
    @VanessaRivera-h7c Місяць тому

    So in order to start copying from a particular person, I have to have money on my account in order for them to take pretty much depending on how much they charge for copy?

  • @Mte75
    @Mte75 7 місяців тому

    Thank you for your video , very informative.

  • @melanieperera7892
    @melanieperera7892 3 роки тому

    Really appreciate the level of detail you are providing in your videos. Really well explained. Well done and thanks so much for sharing your knowledge. I’ve just subscribed :)

  • @c1pher428
    @c1pher428 2 роки тому

    Amazing content, you have another subscriber here. I do have two questions though.
    1. If I had an S&S ISA and a trading account with the same company, let’s say H&L, can I move money from my trading account to my ISA in order to push me closer to the ISA contributions for a particular tax year?
    2. Can I move the funds from an old pension provider into an ISA account?
    Again, thank you for the incredible content!

    • @conversationofmoney
      @conversationofmoney  2 роки тому +1

      The answer to both your questions are yes you can. On question 1, just remember that if you've made profit s in that trading account you may be liable for tax anyway

  • @kieranbentil5194
    @kieranbentil5194 3 роки тому

    Dope video really getting into this channel 🙌🏾

  • @zzhughesd
    @zzhughesd 3 роки тому +2

    What is the costs attached to copying ? Thanks Dan

  • @lindy_888
    @lindy_888 Рік тому

    Thank you very informative

  • @OhanaFarms
    @OhanaFarms 3 роки тому +1

    We are considering this as a method of growing our farms small income and didn’t know anything else about it and your info will give me the tools to choose a short term, low risk options for the stock dumb lol. Thanks for not leaving details out or leaning to personally on your options you have all traders due diligence
    Can you do a section on the crypto copy and how that works?

    • @laur-unstagenameactuallyca1587
      @laur-unstagenameactuallyca1587 2 роки тому

      hmmm wouldn't investing the farm income into an index fund be a bit safer for now, or are you specifically wanting trading for like quick cash?

  • @hughgallagher
    @hughgallagher 3 роки тому

    when you pressed the copy button there was no copy form where you set the amount you want to copy and the stop loss?

  • @59kabb
    @59kabb 3 роки тому

    Thanks what are the downside of copy trading?

  • @СавелийФилиппов-к4ы

    thx for your help and kindness

  • @Vlado93CG
    @Vlado93CG 3 роки тому

    Hi Thanks for the quality content. Can I copy an investor who holds instruments that are not available in my country?

  • @kidsnetworld7932
    @kidsnetworld7932 3 роки тому +1

    can I copy more then one trader at the same time?

  • @billmccreath9930
    @billmccreath9930 3 роки тому

    Great video Pete. I currently have holdings in etoro. How would I go about switching to copying someone? Cheers.

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      Hard to explain in the comments but there is a button in etoro that says copy.

    • @stevenclark1123
      @stevenclark1123 3 роки тому

      dreamfire52 is an excellent copy trading program. Much more personal service as well. What ever system you choose, watch out for martingale strategies which tend to blow up after seemingly doing well for a long period of time.

  • @paulwasilkowski7603
    @paulwasilkowski7603 3 роки тому

    Great video well put together

  • @justwingit1633
    @justwingit1633 3 роки тому +1

    What’s your thoughts on copying a 2 or 3 traders ???

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      It's a good approach if your happy with the pick of traders you've made and you know the risk .. Go for it

    • @stevenclark1123
      @stevenclark1123 3 роки тому

      Try dreamfire52 (see dreamfire52 channel). They are really good at copy trading via Forex.

  • @lawrencesinderson
    @lawrencesinderson 3 роки тому +1

    Stupid question, but I assume you can copy only one trader at a time?

    • @Machine_Learner
      @Machine_Learner 3 роки тому

      Nope. If you copy them, you copy all their trades. But you can close trades trades they open them

    • @minimalizzz6896
      @minimalizzz6896 3 роки тому

      You can copy multiple traders

  • @thesuninwinter
    @thesuninwinter 3 роки тому +1

    Very interesting. Would you recommend copy trading over using a robo-investor?

    • @conversationofmoney
      @conversationofmoney  3 роки тому +1

      a robo adviser has to take more care than a person whose trades you copy. So if you're looking for security you're best going with a robo adviser.

    • @pnnedbyshahidanwar1164
      @pnnedbyshahidanwar1164 3 роки тому

      For more inquiries

    • @Ithica87
      @Ithica87 3 роки тому +1

      Where can we find a reliable and trustworthy robo-advisor?

  • @Sweetfancy3000
    @Sweetfancy3000 3 роки тому

    Thank you for the video!

  • @mohammedrashid1209
    @mohammedrashid1209 3 роки тому

    Hello I'm from uk n I bought some crypto on etoro please tell me is it safe in uk because lot of news coming that uk can ban crypto .

  • @Verba1Ninja
    @Verba1Ninja 3 роки тому

    What's the different between a Stocks and Shares ISA held by firms such as Hargreaves Landsdown/Vanguard and Etoro. I was initially looking at creating a Etoro account for the next financial year but I quickly realised Etoro is a CFD rather than an ISA. Can you go into detail on the differences, in regards to account limits, tax and returns?

  • @Machine_Learner
    @Machine_Learner 3 роки тому

    Not many of the investors have the qualifications just yet. Etoro only introduced the requirement this year and PIs have until October to pass the exam.

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      it's a good requirement to introduce. It will protect their business format and potential give them a good differentiator

  • @TheDragonaf1
    @TheDragonaf1 3 роки тому

    1) Didn't you already invest money via copy trade a few months ago, will we get an update on that?.
    2) Is there a way to filter it to find Sharia compliant investors only?

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      I don't tend to copy trade. I use a satellite approach which invests in funds with my own stock picks around it. i bought bitcoin in my last etoro video. That's currently up .. You can't filter for sharia investments on etoro as far as i'm aware

  • @1foxmark
    @1foxmark 3 роки тому

    Etoro Copy Trading and Trading 212 Pies - is it the same? What's better/safer?

  • @CRYSAW
    @CRYSAW 3 роки тому

    do you know of a course that i can buy, im a beginner to trading and i want to learn
    how it works. Please help

  • @TUS247
    @TUS247 3 роки тому

    Very interesting

  • @cordeliadonohoe7346
    @cordeliadonohoe7346 3 роки тому

    Unfortunately you cant copy trade in an ISA

  • @AcesizOfficial
    @AcesizOfficial 3 роки тому

    🙌🏽🙌🏽🙌🏽

  • @harshilpatel684
    @harshilpatel684 3 роки тому

    considering copying for crypto portfolios, definitely not as well versed with crypto

  • @KageToonZ
    @KageToonZ 3 роки тому

    Hello sir
    ...
    UA-cam suggested me your video, your content is amazing and can do wonders in future. By profession I am a gfx artist and editor . if you approve I can make UA-cam videos and edits for u. And together we can take your channel to different heights. If u want to see my portfolio please reply .
    Thank you

    • @conversationofmoney
      @conversationofmoney  3 роки тому

      Hi Sorav. Can you ping me an email pete@conversationofmoney.com

  • @west-gaming-space
    @west-gaming-space 3 роки тому

    Hi! Really informative videos! wontheone1 is my eToro handle, btw.

  • @VanessaRivera-h7c
    @VanessaRivera-h7c Місяць тому

    So in order to start copying from a particular person, I have to have money on my account in order for them to take pretty much depending on how much they charge for copy?