Question 1

What’s the minimum I can copy you with?

Accepted Answer

$500 is the absolute minimum, I would strongly advise copying with more though.To add a new question go to app settings and press "Manage Questions" button.

Question 2

What’s the minimum I can copy you with?

Accepted Answer

$500 is the absolute minimum, I would strongly advise copying with more though.To add a new question go to app settings and press "Manage Questions" button.

Question 3

How much should I copy you with?

Accepted Answer

I recommend at least $1,000 for an initial investment. For the best performance, I’d suggest $5,000.

Question 4

How much should I copy you with?

Accepted Answer

I recommend at least $1,000 for an initial investment. For the best performance, I’d suggest $5,000.

Question 5

How much should I copy with to live off the profits?

Accepted Answer

There is no garauntee of monthly, or even yearly profits on the portfolio. Although my target profit is 5% per month it is extremely likely that this target will be missed or surpassed numerous times every year.

The best way of estimating how much to invest if you are aiming to withdraw each month is to multiple that sum by 20. For example $500 per month multiplied by 20 is $10,000, meaning $10,000 is the minimum you would need to invest to earn $500 per month assuming I hit my 5% profit target each month

Question 6

How much should I copy with to live off the profits?

Accepted Answer

There is no garauntee of monthly, or even yearly profits on the portfolio. Although my target profit is 5% per month it is extremely likely that this target will be missed or surpassed numerous times every year.

The best way of estimating how much to invest if you are aiming to withdraw each month is to multiple that sum by 20. For example $500 per month multiplied by 20 is $10,000, meaning $10,000 is the minimum you would need to invest to earn $500 per month assuming I hit my 5% profit target each month

Question 7

What is the maximum I can copy with?

Accepted Answer

The maximum you can copy a single trader with is $2M

Question 8

What is the maximum I can copy with?

Accepted Answer

The maximum you can copy a single trader with is $2M

Question 9

Should I copy Open Trades or New Trades?

Accepted Answer

I advise copying new trades only (uncheck the ‘copy open trades’ box). The reason for this is simple: Your potential drawdown is much lower and you are guaranteed to open trades at the same price as me.
Copying open trades can still be worthwhile when I am already in periods of heavy drawdown or if you are happy to take a little more risk. The downside of copying new trades is that it can take several months before all of your funds are invested in positions.

Question 10

Should I copy Open Trades or New Trades?

Accepted Answer

I advise copying new trades only (uncheck the ‘copy open trades’ box). The reason for this is simple: Your potential drawdown is much lower and you are guaranteed to open trades at the same price as me.
Copying open trades can still be worthwhile when I am already in periods of heavy drawdown or if you are happy to take a little more risk. The downside of copying new trades is that it can take several months before all of your funds are invested in positions.

Question 11

What does Copy Open Trades mean?

Accepted Answer

Copying open trades means you will immediately open positions at the current market price for every position I currently hold. Following this it will close and open new positions mirroring my trades as normal.

Question 12

What does Copy Open Trades mean?

Accepted Answer

Copying open trades means you will immediately open positions at the current market price for every position I currently hold. Following this it will close and open new positions mirroring my trades as normal.

Question 13

What does Copy New Trades mean?

Accepted Answer

When you begin your copy no funds will be invested in anything until I open new positions. This can take a long time to ramp up for all of your funds to be invested but ensures that every trade is opened at the same time/price as it is for me.

Question 14

What does Copy New Trades mean?

Accepted Answer

When you begin your copy no funds will be invested in anything until I open new positions. This can take a long time to ramp up for all of your funds to be invested but ensures that every trade is opened at the same time/price as it is for me.

Question 15

How should I add funds?

Accepted Answer

Generally I advise using the add funds button rather than uncopying/copying again with open positions. Similar to the copy new trades or open trades topics above there are pros and cons to both ways of doing it.

Question 16

How should I add funds?

Accepted Answer

Generally I advise using the add funds button rather than uncopying/copying again with open positions. Similar to the copy new trades or open trades topics above there are pros and cons to both ways of doing it.

Question 17

How should I remove funds?

Accepted Answer

If you are planning to take out some profit each month/quarter then using the “pause copy” functionality is probably best. It will avoid copying new positions until you unpause allowing you to collect some funds to withdraw without worrying that I may re-invest it before you get the chance. There is no good or bad time to do this really.

Question 18

How should I remove funds?

Accepted Answer

If you are planning to take out some profit each month/quarter then using the “pause copy” functionality is probably best. It will avoid copying new positions until you unpause allowing you to collect some funds to withdraw without worrying that I may re-invest it before you get the chance. There is no good or bad time to do this really.

Question 19

When should I copy?

Accepted Answer

You can copy at any time, thanks to the ‘Copy New Trades’ function. If you intend to copy my open trades then you should wait until the majority of my portfolio is in the red.

Question 20

When should I copy?

Accepted Answer

You can copy at any time, thanks to the ‘Copy New Trades’ function. If you intend to copy my open trades then you should wait until the majority of my portfolio is in the red.

Question 21

When should I uncopy?

Accepted Answer

Generally you should stop copying if you hit your own personal profit target, or loss threshold (though I advise using a copy stop loss for this). If you require access to your funds immediately you should use the ‘Stop Copy’ function during market hours. If you do this when markets are closed you will have to wait for markets to open to close the trades, tis will often be at an unpredictable price.
A much better way to close the copy is to use the ‘Pause Copy’ functionality. This will stop any new trades from being copied, with money moving back into your account whenever I close trades. While this requires some patience, it will help you secure your profit.

Question 22

When should I uncopy?

Accepted Answer

Generally you should stop copying if you hit your own personal profit target, or loss threshold (though I advise using a copy stop loss for this). If you require access to your funds immediately you should use the ‘Stop Copy’ function during market hours. If you do this when markets are closed you will have to wait for markets to open to close the trades, tis will often be at an unpredictable price.
A much better way to close the copy is to use the ‘Pause Copy’ functionality. This will stop any new trades from being copied, with money moving back into your account whenever I close trades. While this requires some patience, it will help you secure your profit.

Question 23

Is this the same for copying other traders?

Accepted Answer

No, every trader on eToro is different. I advise you to do your own research before making decisions in regards to other traders. Most traders list how much to copy with, when, and how in their profile description, some traders even have their own FAQs like this one.

Question 24

Is this the same for copying other traders?

Accepted Answer

No, every trader on eToro is different. I advise you to do your own research before making decisions in regards to other traders. Most traders list how much to copy with, when, and how in their profile description, some traders even have their own FAQs like this one.

Question 25

BTC

Accepted Answer

Designed as a worldwide payment system, Bitcoin is the world’s first decentralised digital currency and still the standard to which all other crypto’s are compared.

Question 26

ETH

Accepted Answer

Ether (commonly referred to as Ethereum) is a cryptocurrency with a blockchain generated by the Ethereum platform. Ethereum is a blockchain-based distributed computing platform & OS that makes use of smart contracts for its scripting function. Not to be confused with Ethereum Classic (ETC), which has rapidly lost relevance.

Question 27

XRP

Accepted Answer

XRP (colloquially known as Ripple) is native to the Ripple Transaction Protocol, and developed by Ripple Labs. It claims to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks."

Question 28

BCH

Accepted Answer

Bitcoin Cash (commonly referred to as BCash) is the result of a hard fork in Bitcoin, created in opposition to SegWit’s addition to Bitcoin in 2017. While it has notable supporters in Roger Ver & the mining community, it has a market capitalisation less than 15% the size of Bitcoin (Data taken from March, 2018).

Question 29

LTC

Accepted Answer

Litecoin was created in part to address the issue of transaction speed in Bitcoin. In aiming to process a block every 2.5 minutes, as opposed to Bitcoin’s every 10 minutes, Litecoin is able to have significantly faster transaction confirmation.

Question 30

DASH

Accepted Answer

Dash, formerly known as Darkcoin and XCoin, is a fork of the Litecoin code that utilises a two-tier network of ‘miners’ and ‘masternodes’. These masternodes are responsible for the PrivateSend (an additional layer of privacy on transactions), InstantSend (a near-instant transaction confirmation system), and additional governance of the Dash network.

Question 31

IOTA

Accepted Answer

IOTA is a public distributed ledger that uses a directed acylic graph structure (more simply referred to as a Tangle) in place of a blockchain. Specifically designed to be used for the Internet of Things, it is intended for use in the secure sale & sharing of data streams.

Question 32

NEM

Accepted Answer

NEM is intended by its developers for wide distribution, and to do so introduced many new features to blockchain technology including Proof-of-Importance, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system.

Question 33

NEO

Accepted Answer

Founded by Da Hongfei, NEO (also called the ‘Chinese Ethereum’ by the crypto community) is a smart contract system that intends to support almost all programming languages via use of a compiler, and can support up to 10,000 transactions per second.

Question 34

ADA

Accepted Answer

ADA operates on a technology platform called Cardano. Led by Charles Hoskinson (former co-founder of Ethereum), it aims to run smart contracts, decentralised applications, side chains, multi-party computation, and metadata.

Question 35

XLM

Accepted Answer

Initially based on the Ripple protocol, after a hard fork the Stellar Development Foundation created an updated version of the protocol based entirely on new code. A distributed ledger, Stellar is in partnership with several non-profits & businesses to serve as a new financial infrastructure, most significantly partnering with IBM in October 2017.

Question 36

EOS

Accepted Answer

EOS is a new blockchain platform launched by the Block.one company in the Cayman Islands. The project’s lead developer is Dan Larimer, most well-known for being involved in creating Steem & BitShares. Promising a high transaction throughput, with no transaction fees, it aims to be a major competitor to Ethereum & Cardano.

Frequently Asked Questions

What’s the minimum I can copy you with?

What’s the minimum I can copy you with?

How much should I copy you with?

How much should I copy you with?

How much should I copy with to live off the profits?

How much should I copy with to live off the profits?

What is the maximum I can copy with?

What is the maximum I can copy with?

Should I copy Open Trades or New Trades?

Should I copy Open Trades or New Trades?

What does Copy Open Trades mean?

What does Copy Open Trades mean?

What does Copy New Trades mean?

What does Copy New Trades mean?

How should I add funds?

How should I add funds?

How should I remove funds?

How should I remove funds?

When should I copy?

When should I copy?

When should I uncopy?

When should I uncopy?

Is this the same for copying other traders?

Is this the same for copying other traders?

BTC

ETH

XRP

BCH

LTC

DASH

IOTA

NEM

NEO

ADA

XLM

EOS