My eToro account is out of sync with the person I am copying, how to resync?

Let us say you are looking at the person you are copying in eToro. You noticed that he is invested 95% in stocks and has a 5% available cash. You compared it to your current copy situation and you see that you only copied 85% in stocks and you have 15% in cash. You realize that you suddenly have a lot of cash compared to the person you are copying.

This normally happens when you have added a lot of funds without copying open trades which increases your available cash balance on that person you are copying. In the example above, the person you are copying has 95% invested in stocks and 5% in cash which is also the same as yours in the past. If you copied all his OPEN TRADES in the past, you are also invested 95% and 5% in cash. However, you had some extra money to invest and you copied mjtfernandez again but this time you DID NOT COPY OPEN TRADES. This will increase your cash position to for example, 15% cash and 85% investment.

If you have so many cash and very little amount invested compared to the person you are copying, your returns will not be the same as the person you are copying because holding a lot of cash means that it will not be invested and thus will not make money for you. This is why most copy traders always RECOMMEND TO COPY OPEN TRADES.

The best way, is to wait for the cash that you have invested to be used up before not copying open trades again. Or copy open trades on your future investments with mjtfernandez. However, if you feel you just have too much cash already vs amount invested even if you already waited for a weeks for the excess cash to be used for copying by mjtfernandez, you now need to RESYCHRONIZE WITH MJTFERNANDEZ.

To resynchronise there are two ways:
1. You can remove all the uninvested cash that you placed to mjtfernandez by clicking “Remove Funds”. This will remove all the cash that was not invested to buy stocks.

2. Or you can press “Stop Copying” so that all the stocks that you copied will be sold. This will take at least 2 working days for all the stocks to be fully sold. This is because the Asian markets open in the morning, the European markets open in the afternoon and US markets open at night. Once all the stocks have been sold, you can copy again mjtfernandez as if you are copying for the first time so that the entire funds you are using to copy will be invested again on all OPEN TRADES of mjtfernandez which will FULLY SYNC you with mjtfernandez again.

Suggested Links:

Copy Trade mjtfernandez Dividend Stock Portfolio in eToro

Who is Mark Fernandez?

Leave a Reply

Your email address will not be published. Required fields are marked *