Frequently Asked Questions
Q: How much is the minimum and recommended copy amount?
A: Minimum: $500* / Recommended: $1k++
*of course you can copy with eToro's minimum requirement of $200, but you risk to miss a few of my smaller trades, as eToro rejects trades lower than 1$.
For example, if my account has $50k and I open a trade with $200 (i.e. 0.4% allocation), then, if you had copied with $200, your proportional trade should be $200 * 0.4% = $0.8 which is less than $1 and will not be opened.
For more details on how the Copy System works, you can read eToro's Copy Trader Documentation
Q: When is the right time to copy?
A: I aim to beat the market (S&P500) by 20% in any 12 months period (2020 was way better), so you can start your copy anytime. It is normal to start in red (because you pay the spread or because you started before a market dip) but the market always goes up in the long-term and sooner or later you will get the benefit of your patience. Historical data from backtests of the strategy show that in any 5 year period during the last 18 years, you have a probability of 99% to be profitable.
It's a marathon, not a sprint!
Q: For how long should I copy you?
A: I follow a long-term strategy, which means that I keep my positions open for years, to give adequate time to the selected business to prove their potential. I advise you to do the same. It is better to reduce the copy amount to the level that you feel comfortable to stay copied longer than to copy with a lot of money and uncopy in the first market dip. The greatest portfolios are diversified by investing for the very long-term horizon, that is 3-5 years.
If that helps you ease your mind, my longest copiers are more than 100% up at the moment.
Q: When should I copy open trades?
A: If you are starting a new copy you should tick 'copy open trades' and be prepared for some wonderful long-term results.
If you are a happy old copier adding more to his/her copy along with my regular equity injections, then you should not copy open trades.
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