Copy Trading Update - (Etoro) - 25/September/2024

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 36

  • @foyz1690
    @foyz1690 Місяць тому +1

    Great video, im looking into copy trade at the moment

  • @PeterUKTV
    @PeterUKTV 3 місяці тому +2

    Hi Thomas good to see u back and running

  • @foyz1690
    @foyz1690 Місяць тому

    Can i use ISA wrapper with Etoro copy trade?

    • @SocialTrading
      @SocialTrading  Місяць тому

      Unfortunately I can't find any... I keep seeing these amazing ISA rates from the U.K (not on eToro) but unfortunately I can't use them and can't apply for them... You could try asking eToro directly though, as maybe there's some provision for it which I just have never had access to.

  • @theopascha1692
    @theopascha1692 3 місяці тому

    Welcome back! So for better or worse, eToro has changed its copying algorithm. Now one cannot chose to copy open trades or not. It will automatically balance based on the balance of the copied holdings. This means you end up with different percentage of investments, based on their value at the time of copying. Generally geared more toward novices and reduced ability to micromanage (though there are tricks to still do that). So as others said, it is now very important to time your copy carefully, otherwise their performance may be irrelevant. (due to different entry points)

    • @SocialTrading
      @SocialTrading  3 місяці тому

      Yeah, I'd seen this from a couple of months back. Are people finding it a major problem?

  • @timblagdon103
    @timblagdon103 3 місяці тому

    Like everyone else took a hammering in August but now recovered after the US rate cut. I have reduced my investment in Amit and diversified after my AI investments

  • @malourdesgernan
    @malourdesgernan 3 місяці тому

    Hi Tom, long time no see, glad you are back. I do not have any clue about doing stocks myself that is why I am copying investor. Do you think you can make a video, even just the basic on how to invest directly, if it is too much trouble I understand.

    • @SocialTrading
      @SocialTrading  3 місяці тому +1

      Hey there - Yeah sure, I can go over the basics, but maybe it'd be better if I asked the guys I'm copying actually. I'll look into it!

  • @andygrierson4501
    @andygrierson4501 3 місяці тому +2

    I am not sure copy trading is as profitable as actual trading - I ran tests in 2021 of the best stocks and mirrored it in 2023 - currently 150% up on the portfolio - but mainly Nvidia is a big reason for that - others are bitcoin and tech stocks which did well in 2024 so maybe just lucky

    • @bulltraderpt
      @bulltraderpt 3 місяці тому +1

      Agreed. Why not learn to trade yourself, I did.

    • @SocialTrading
      @SocialTrading  3 місяці тому

      I'm asking the guys in my portfolio how much time they devote to their trading and managing their portfolio - I'll let you know what they all say. To be honest, it's just not the lifestyle I want - I don't think I'm suited to it really. I could be wrong though!

    • @bulltraderpt
      @bulltraderpt 3 місяці тому

      @@SocialTrading I am a full time retail trader. Been like that since 2013.

    • @andygrierson4501
      @andygrierson4501 3 місяці тому

      @@SocialTrading I set it up and just monitor it - I spend very little time on this side of my investments- just check on the PL to make sure I administer any tanking stock similar to how you check on your copy traders but as an example I setuo NVidia in dec 2023 its up 149% returns - thats not typical obv but it blows away your example of copy traders - you just need faith in yourself

  • @TheMuseEuterpe
    @TheMuseEuterpe 3 місяці тому +1

    Thomas if I where you I would add a crypto trader who does Crypto. Solana is gonna 10x the next year and you could document it and use it as content for your channel. But remember to not use the copy stop loss for crypto.

    • @SocialTrading
      @SocialTrading  3 місяці тому +1

      you think Sol's going to do a 10X eh? :) If it does, I reckon that'd be part of a broader market strength, which'd be welcome. I wonder...

  • @rickyismyuncle4485
    @rickyismyuncle4485 3 місяці тому

    I was a complete beginner. I went from copytrading to trading myself ETF's like SP500 and right now, after 3 months not a single copy trade or ETF. I'm making much better profit.
    I'm not against safe trades like SP500, but if you know what you're doing, then you're missing out on so much money buying 500 companies. Like Buffet said: "There are not that many great companies".
    What I am against is copytrade however. It's soooo bad to copytrade. But if you truly want to continu copytrading which I protest in every sense possible then please atleast copy when there is a dip going on in the market. These experts will know what to buy and find oppurtunity. The biggest problem with copytrading is that you don't share the same position as your expert. You're not playing the same game! You will get away with this because its a bullish market, but dark times are approaching and you might lose everything and panick.

    • @SocialTrading
      @SocialTrading  3 місяці тому

      Why do you say that you’re not sharing the same positions as your expert? Do you not think the way the system copies trades proportionally leads to an accurate copy of their overall thesis?

    • @rickyismyuncle4485
      @rickyismyuncle4485 3 місяці тому

      @@SocialTrading
      When I choose to copy someone the system just picks the same stock. The only thing that the system gets right is investing our money proportionally relative to our expert, percentage-wise. My expert might be holding Nvidia for the price of 20 from 1 year ago, meanwhile I'm buying now at the price of 120, hence why we are not playing the same game.
      My expert is chilling eating doritos on the couch wthout much worry, meanwhile I bought Nviadia where its arguably a bit overpriced and I need to sweat my ass every day watching it. Psychologically its not the same game. Our expert has more room to work with.
      So what did I do? I refused to play the game in this overvalued market. You know that very well since you took almost all your money out in july I believe. I'm like you. I dont have time to invest and trade every day or even once a week. Thats why I made a strategy where I will probbaly trade once every 6 months or even a year. All my stocks are long term oriented.
      I searched for historical strong brands who always made a comeback, the ones that are struggling right now. I usualy take my buisiness privet, but if more people invest in my ideas, the bigger chance these companies will indeed make a comeback. So I'm going to list them.
      - Alibaba (luring for the upcoming dip to buy another round)
      - Intel
      - Luis vuitton
      - Disney
      - Nike
      - Volkswagen
      - Toyota
      - Boeing
      - Merck
      - Ubisoft (not recommended. This is my personal experiment, don't torture yourself)
      - Nestle (not recommended. I sold this one but I will buy later at even lower price)
      - Tesla (I'm luring for a dip to buy another round)
      What are the results you ask? First month as expected I was in minus 100, investing total of 5k in these companies. It's important not to panick. I knew historically these months after july are generally red now, plus the companies I'm investing are not doing well right now, hence why they're so low and prone to further dips.
      Another month passed and I was +200. I can only imagine what I will make in the next upcoming 8 months. If my strategy works then I will invest much more money. Having said all that, I do fear 2026... But you see even if there is a crash, I'm not completely terrified because these prices at which I bought my stocks are still a bargain.
      When applying my strategy, you have to think as your broker as a savings bank. Don't put any money in my strategy if you cant hold that money for a year.

    • @rickyismyuncle4485
      @rickyismyuncle4485 3 місяці тому

      @@SocialTrading
      Interesting... UA-cam decided to delete my post, meanwhile all those bots are free. I will try again in my next post.

    • @rickyismyuncle4485
      @rickyismyuncle4485 3 місяці тому

      @@SocialTrading
      When I choose to copy someone the system just picks the same stock. The only thing that the system gets right is investing our money proportionally relative to our expert, percentage-wise. My expert might be holding Nvidia for the price of 20 from 1 year ago, meanwhile I'm buying now at the price of 120, hence why we are not playing the same game.
      My expert is chilling eating doritos on the couch wthout much worry, meanwhile I bought Nviadia where its arguably a bit overpriced and I need to sweat my ass every day watching it. Psychologically its not the same game. Our expert has more room to work with.
      So what did I do? I refused to play the game in this overvalued market. You know that very well since you took almost all your money out in july I believe. I'm like you. I dont have time to invest and trade every day or even once a week. Thats why I made a strategy where I will probbaly trade once every 6 months or even a year. All my stocks are long term oriented.
      I searched for historical strong brands who always made a comeback, the ones that are struggling right now. I usualy take my buisiness privet, but if more people invest in my ideas, the bigger chance these companies will indeed make a comeback. So I'm going to list them.
      - Alibaba (luring for the upcoming dip to buy another round)
      - Intel
      - Luis vuitton
      - Disney
      - Nike
      - Volkswagen
      - Toyota
      - Boeing
      - Merck
      - Ubisoft (not recommended. This is my personal experiment, don't torture yourself)
      - Nestle (not recommended. I sold this one but I will buy later at even lower price)
      - Tesla (I'm luring for a dip to buy another round)
      What are the results you ask? First month as expected I was in minus 100, investing total of 5k in these companies. It's important not to panick. I knew historically these months after july are generally red now, plus the companies I'm investing are not doing well right now, hence why they're so low and prone to further dips.
      Another month passed and I was +200. I can only imagine what I will make in the next upcoming 8 months. If my strategy works then I will invest much more money. Having said all that, I do fear 2026... But you see even if there is a crash, I'm not completely terrified because these prices at which I bought my stocks are still a bargain.
      When applying my strategy, you have to think as your broker as a savings bank. Don't put any money in my strategy if you cant hold that money for a year.
      Stop deleting my comment youtube!

    • @rickyismyuncle4485
      @rickyismyuncle4485 3 місяці тому

      @@SocialTrading
      Deleted again. I give up.

  • @mark_nozza
    @mark_nozza 3 місяці тому

    get out of stocks - crypto til q2 2025 then ladder out til q4 2025

    • @SocialTrading
      @SocialTrading  3 місяці тому

      What makes you think that? Thanks for the feedback

  • @frankduesing
    @frankduesing 3 місяці тому +1

    I do not understand your logic to look for individual investors who get lucky, beating the market for a certain amount of time, when you could simply follow indices ( wide or specialized ) that would be more transparent and less prone to individual mistakes. With regards to Etoro, whose business model promotes copy trading, I am not even certain, if the people that you copy are real, and if so, is their trading data real ?

    • @Malfusion85
      @Malfusion85 3 місяці тому

      Yes... Difficult to answer in detail most have UA-cam channels and the such, and as for their trades it's my money if it's not for you do you then can't argue much else beyond that

    • @SocialTrading
      @SocialTrading  3 місяці тому

      Would it be easier to fake all of their public interactions and videos, websites etc, or just find actual people who have the skill and want to be copied for fees? I think the latter would actually be easier and much less risky. I think*

  • @PeterUKTV
    @PeterUKTV 3 місяці тому +1

    Crypto is a scam. Hahaha