 Hey what's going on guys y'all it's Mark and I'm back first of all happy new year I hope everyone's had a good good Christmas and new year period Um, I thought that the best thing to kick the year off will be who are the best people to copy in 2021 So first of all just a little disclaimer before I get this going I'm not gonna actively recommend anyone so I'm not gonna say you should follow XYZ I'm also gonna not say, you know, don't copy this person I'm just gonna tell you what my opinions are and what I would look out for if I was copying someone I don't actively copy anyone at the moment just because I'd rather have control of my money and be responsible for it But If I was these are the sorts of things I look out for I just thought I'd share these and hopefully they're helpful If you disagree with any of them Then let me know in the comments whether it be a Torah Instagram or on YouTube And just let me know what you look out for and I'll quite happily go back and forth We can discuss it from there, but the first thing that I would look for which I think should be Kind of I hope that everyone does it and it should be kind of staple is just a track record of the person So by track record what I mean is ideally I'd be looking at two or three years, maybe five Definitely wouldn't be like a few months. So if we just go on the copy people section I'm just gonna grab Wesley as an example. I hope it doesn't mind if he even sees this who knows But someone like Wesley for example has been Trading since 2015 and he's been pretty consistent since 2015 with some crazy returns a bar 2018 But you know, you can't really complain with the numbers he's done But I would argue that you know five years or six years of good returns is enough track record to for him to demonstrate that He can be responsible with your money and get a decent return on it obviously past results isn't isn't, you know, a hundred percent accurate indicator on future results, right, but It would be enough for me to feel confident measuring It'd be a confident big enough measure for me to copy someone like Wesley And what you can do to measure a track record as well just for example sake is if you go into this copy people section you can put The gained at least and then whatever percentage you're looking for And then over what time frame so if I put 20% over the last two years, it'd be 10% a year Two years 10% years probably you probably get some pretty risk-free People to copy off the back of that. But anyway The second thing I would look at is What they've been investing in so what I mean by that is you can see here on the copy We can see who invests in what market and you can pick different markets like currencies cryptos commodities, etc And but what I mean by that is these crazy like anomaly stocks, right like Tesla for example, so That's done 720% in a year So this is the two points two and three a kind of link so what they trade it So if you look at someone's portfolio, right and you're interested in copying them Again, it's my opinion You can disagree if you want and you see that they've been trading Tesla and they've had some crazy returns. I Would argue that I'd want to see more from that person Just because anyone could have bought Tesla, right? I mean, obviously you have to pick the stock and maybe they've done their research And this sort of stuff. This is what you got to look at the things and but anyone could have bought Tesla a year ago And seven X their money Which kind of links into position size as well Which is point number three I'd want to see what their position sizes are because if someone has 50% of their money in Tesla I would argue that they have piss poor risk management and They've just kind of flute their way into a crazy assuming they have crazy returns So I wouldn't feel comfortable putting my money in with something like that So what I'd look for is someone who's Trading a variety of stocks or if they're very niche and specialist Then someone who has Their position sizes Where they're actively managing the portfolio not just kind of whacking a hundred percent in to everything if that makes sense So yeah, every also what they're investing in I just want to see that they're investing in things that aren't just these like crazy unicorn stocks That have excelled and they've had a good year So that kind of ties in with track record right so you want a track record? Consistence decent position sizes really position sizes should be like one or two percent of the portfolio is what the fear is But also the frequency of trades now this could be one that people disagree on I Would be a bit nervous if someone was bouncing in and out of trades all the time I know that someone that some people that might be they're trading style and they might be trading on like a short Short time frame and bouncing in and out But for me personally that would put me on edge a little bit too much. I think the kind of final point is What I'd be looking for is someone who sticks to their outlined Strategy so right for example in here a lot of popular investors will have their Strategy there, so that's the one that I've got written in there Right, okay, so this guy says Olivia so you can see that he has his strategy in the He's like portfolio description or he's like his description. What is it bit called? Description of himself. Yeah, you know, I'm so you know, I mean anyway I would look for them to stay consistent with that So if they keep flip-flopping in and out of that and changing their mind and one minute there long-term hold and You know hodl and all that and then the next minute They're like well, I'm actually gonna close this position and short this and XYZ then that would make me That would turn me off a bit as well So I've been a bit all over the place just to summarize. I look for a track record two to three years consistent returns I'd look at the ability to trade a variety of assets or Like subsets within like that so like lots of different stocks rather than just one stock consistently and that sort of thing I would also look at position sizes frequency of trades and just consistency with their claimed Claimed methods of achieving decent returns So that's the summary really was that one two three four five things five things On what to look out for and a lot of this stuff you can fill up on the copy portfolio So I do have a different video on how to break this down But I might do one again in the future So I hope that was helpful if you disagree with anything. Let me know If there's certain things that you look for that you feel like I've missed again, let me know I'm actually kind of interested. I'm super interested to know what people actually look for in Popular investors because there's so many now as well. I don't know if Anyone's like been on the platform before but I remember a time when Well, man, I remember a time when this wasn't such a crazy thing I feel like everyone in their grandma is like a popular investor or at least got the blue star You know, but anyway, um, I hope this is helpful. Um, I hope everyone has a good 2021 I'll be pretty regular with these. So if you enjoyed this sort of video, um, give it a thumbs up subscribe Share and if you want to chat about anything, I'm aware it's available You can reach me on it or youtube instagram the whole lot So, um, yeah, thanks for watching and I'll probably catch you guys Uh, some other time. Bye