How to Copy Trade on Etoro – Complete Guide

Copy trading is FREE. I’m sharing here the step-by-step guides how to copy my portfolio on eToro. If you copy me, you will automatically copy everything I do in real-time including opening new positions, buying new stocks, target price adjustments and many more.

I carefully do portfolio analysis including historical portfolio value since inception, diversification, future annual growth analysis and past performance using the famous software used in Wall Street.

I use Fundamental and Technical Analysis in choosing the best stocks to trade and invest. If you want to copy my portfolio movement, you can just copy trade @tradecatalog on eToro. I’m a trusted PI and Champion Investor at eToro.

how to copytrade on etoro complete guide

What is Copy Trading?

Copy Trading is a feature available to investors to copy any trader’s positions in real-time. It will literally mimic a trader’s strategy in opening a trade position, how much leverage being used, the stop-loss, target profit and the time when closing a trade.

Investment Objective

Our investment goal is capital growth for long-term, at the same time, we make some short-term trades to generate income constantly.

Who Can Copy Trade?

Any investor who can take moderate to high-risk and who wants capital growth in the long term and who wants to earn profit regularly for short-term at the same time.

Before You Copy Trade

Make sure you have completed your profile and answered the investor profile questionnaire. Afterwards, fund your account. Wait for eToro to verify your account. In my experience, it takes around one business day. Consider the time zone difference of US and EU market and office hours.

Once you received the verification notification, you may now start copy trading. Follow the steps below.

It is also important you understand the risks involved with investing in the stock market.

How to Copy My Trades on Etoro?

  1. Log in to your eToro account
  2. In the search bar, type in tradecatalog
  3. Click the COPY button
  4. Set up the fund you wish to use to copy
  5. Tick the option to Copy Open Trades
  6. Set 50% Stop Loss
  7. Execute the Copy button
tradecatalog etoro
You can tap the blue COPY button above to copy me quickly

Important Copy Trading Tips:

I encourage my copiers to add funds regularly, if not monthly or quarterly or whenever NASDAQ100 or S&P500 are down. This is for Dollar-Cost-Averaging to work efficiently. Similarly, adding funds and investing regularly can help minimize risk.

Please be patient. Investing and trading won’t give you lots of money overnight. It needs time and discipline. Stay focused and do not panic when the market is down.

Advantages of Copy Trading Tradecatalog:

  1. Minimum Fund Investment
  2. Free Q&A
  3. Earning potential
  4. Diversified Portfolio
  5. Long Term and Short-Term Trades
  6. Top-notch Stocks and ETF
  7. Receive Dividends Every Other Month

1. Minimum Fund Investment

The minimum fund to copy my trades is $300. With this, you can already invest the stocks following my portfolio allocation. If your initial fund is $300, I recommend to setting Copy Open Trades and use 50% Stop Loss.

If your initial fund is $1000 or more, set up to Copy Open Trades and use 50% Stop Loss. Having $1000 and more initial fund will have better results. Your fund will automatically be distributed proportionately according to my portfolio composition if you copy open trades.

2. Free Q&A

Everyone who copies can also ask questions anytime. I’m more than happy to help and answer questions. You can reach me here in DailyPik, via email (if you are private), on eToro, on Facebook and Instagram.

3. Earning potential

CFD trading involves big risk that’s why my strategy involves a time-tested strategy and using smart leverage to maintain the lowest risk. Moreover, using X1 leverage most of the time doesn’t also charge any fee, all days and weekend. Yay!

Our chosen stocks have excellent earning potential. Similarly, we lock in gains every time a certain company hits our target price. Setting up the target price is automatically done when you copy my portfolio.

My goal is to make income regularly. When we make income, we re-invest the income to more worthy stocks. Because of this method, we grow our equity value in the long run.

4. Diversified Portfolio

Diversification is one of the most effective methods in investing. This will help us to distribute our money to different investments because investing only to one basket is dangerous. Another benefit of diversification is minimizing risk.

While we do this, we don’t over-diversify our stocks. We maintain below 30 companies to monitor them better.

5. Long Term and Short-Term Trades

You will have the privilege to invest stocks for long term and take the advantage of short-term trading as well. With this method, we produce continuous income by active trading and dividends as well.

6. Top-notch Stocks and ETF

While we diversify our funds to numerous investments, we make sure we invest only to topnotch equities listed on the biggest indices in the world like S&P500, NASDAQ100, UK100, Ger30, Fra40, HKG50 and China50.

We also invest in the top performing ETFs to optimize our portfolio and grow it successfully.

7. Receive Dividends Every Other Month

Enjoy earning dividends every other month! I allocate our investment to good named stocks which give dividends regularly. Because we invest with excellent companies with nice cash flow and balance sheet, they are also generous in rewarding their investors with dividends.

Risks of Copy Trading Tradecatalog

All investments have risks and stocks give the highest risk. Because my portfolio is stocks and ETF focused, expect that it carries huge risk. Set your own Stop Loss according to your risk tolerance.

Copy Trading FAQ (Frequently Asked Questions):

What’s the minimum fund to copy your portfolio?

  • $300 is the minimum initial amount. You can add more funds later.
  • $1,000 or more is recommended to achieve higher profitability.

Should I copy Open Trades?

Yes, if you copied open trades, your fund will automatically be allocated following my portfolio composition. The present stock price will be executed. If the market is closed when you made the copy, trades will be executed when the market opens.

If you Copy New Trades, you will only copy my new and future trades, thus limiting opportunities.

Do I need to do something after I started copying you?

You’re all set. All you need to do is relax and be patient. I will do all the hard and crazy work to maintain a growing portfolio. Please be patient. My copiers see excellent results in 6 months. The longer you copy, the better for the strategy to work best.

I’m already copying you, when can I see the copied stocks on my portfolio?

If you copied me when the market is open, you will see them on your portfolio right away. But if you copied me when the market is closed (which is usually the case in the Philippine day time), you will see the stocks on your portfolio when the market opens (9:30 p.m. PH time for US stocks, 10am for China and Hong Kong stocks, 3:00pm for stocks in Europe).

What time does the market open on eToro?

You may check out the specific market hours at this page: Market Hours

Since eToro serves different stock exchanges, these stock exchanges have different time zones. Hence, they also have different market trading hours.

Majority of our stocks are US stocks. If you are in the Philippines, they usually start trading at 9:30 p.m. (10:30 p.m. after daylight saving time).

What does it mean when you close a position?

When I close a position, it means that I close a trade. I always close a position when we already hit the target price of a certain stock. It also means, we gained some money. In other words, our profit has been realized. Yay!

how to make consistent profit trading stocks
We closed 100% profitable last month and the past 6 months. (Past performance is not an indication of future results)

Where can I see the money I earned from copying you?

There are two ways to check all your earnings and cash flow of your portfolio.

  1. Go to your Portfolio page, then click that Clock icon. Choose “This Year” in given option. You will see all the trades that gave us money since the start of the year (YTD).
  2. In addition, you can also check all your income since the beginning via your Statement of Account provided by eToro. You can also find that on your Portfolio dashboard.

What should I do when I see reds on my portfolio?

Relax and do not worry. Those are unrealized losses, meaning they are not real losses yet unless closed. The market moves every millisecond. Anything can happen but you should never lose focus. Do not let your emotion cause a loss. PATIENCE will reward you in the end.

Do I need to add funds regularly?

I recommend adding funds to copy my trades to effectively let Dollar-Cost-Averaging strategy to works efficiently. This will also help us investors to grow our portfolio better.

I announce the time when I add funds on my portfolio via my eToro feed. Always check my profile feed to see any update or announcement. If you add funds whenever I do, it will create successful result in copying me.

When I add funds, it also means, I will open new trades and positions. Thus, if you add funds, you won’t miss my upcoming trades.

How can I add my funds?

Just go to @tradecatalog profile and you will see a big blue ADD FUND button. Tap that and it will allow you to increase your copy investment.

adding funds etoro

Do I need to check my portfolio regularly?

It’s not needed but you may do so when you want. But please, do not check it all the time. Relax, we handle all the hard work to choose the best positions to trade.

How long should I keep on copying you?

I recommend keeping the copy for 1 year or more to make sure our strategy works best for your portfolio. Be aware that the market has its corrections, up and down moments. So, it’s important to stay focused and not panic.

If you stopped the copy for a short time, you will also lose the magic power of compound interest.

Other Trading Guides:

Disclaimer:

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
 
Past performance is not an indication of future results.
 
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
 
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

About Fehl Dungo

Founder of DailyPik, trusted fund manager and investor. I have a Degree in Accountancy and a background in Finance. I analyze stocks everyday. COPY my Portfolio on eToro Connect with me on Facebook

15 thoughts on “How to Copy Trade on Etoro – Complete Guide”

  1. I have account in TD Ameritrade okey ba ang broker any feedback po at meron din ako sa etoro gusto ko e copy kita, i need to fund it 1K more para sa copy ko,
    Tanong po mam Fehl wala bang bayad ang copy

    Reply
  2. Hi madam Fhel , pwedi ba 10 % lang ilagay ko na stop loss, bakit yun recommendation mo ay 50%… any reason , salamat po sa sagot

    Reply
  3. hi ms Fehl, i just opened my etoro account and would like to copy your trades also. ask ko lang do you trade also in forex curruncies?

    Reply
    • Hi, Vin 🙂 My portfolio is focused on topnotch stocks. I don’t do forex coz it’s too volatile and risky and I have to maintain low risk to be copied 🙂

      Reply
    • Hi, Mike 🙂 Depending on your copy fund but yes, some of my copiers can add funds below $200. Not sure if $50 deposit is accepted in eToro

      Reply
      • Hi po Ms. Fehl,
        i’m interested po mginvest sa stocks pero marami pa rin akong di alam and di maintindihan kaya nagdadalawang-isip pa rin po ako mg-invest. I’m an OFW po, may babayaran po ba akong tax sa Pinas or here in UK if mgtry po ako mg-invest sa stocks gamit ang etoro?
        Thanks po. 🤗

        Reply
        • Hi 🙂 If you are using a broker accredited by the Philippine stock exchange, you don’t need to file tax return anymore since your broker will already report such taxes. If you are using eToro, tax reporting is done by the individual if you are in the Philippines. You may do that once a year if you had earnings or income from your trades. If you are in the UK, you may contact eToro support for that.

          Reply
    • Hk Klaus 🙂 You can do compounding as long as you make regular profit and re-invest those profit to create more profit. It’s like a snowball effect. I do that strategy on eToro. Copy Tradecatalog and you’re all set with that strategy 🙂

      Reply
  4. Happy new year ma’am Fehl. pa help po sana ako para makapagcopytrade na ako kc meron akong notification galing eToro na ” you can trade your own but you can’t copy other traders”
    Pwede rin ba akong mag email din sayo? baka mali lang yong mga sagot ko sa profile..
    Salamuch..

    Reply
  5. Hi Ms. Fhel! I cannot see the default stop loss…I can only see % and amount to stop loss please do advise. I appreciate sending me your personal email as I am shy asking some basic questions which other followers know already. Apologies for some elementary questions. Thank you.

    Reply

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