is the social trading aspect of it so essentially what you want to do is you want to go on Discover…Can You Open A Roth Ira On Etoro…
and basically you guys can see this location right here so you wish to scroll scroll to copy Trader now if you’re questioning my account balance I am currently in the virtual um one right now so as you men can see right here this is copy Trader so basically what this enables you to do is it enables you to basically just mirror the portfolios of the top financiers so this just indicates that if there is a top investor okay you can just merely copy their trades and you don’t need to do absolutely anything at all so you guys can see right here this is a list this section right here is the list of the leading investors so you guys can see the return over 2 years over 2 years he’s posted a return of 72 over two years he’s posted 33 over 2 years he’s posted 120 27 so you people can get the idea from there you people can essentially proceed and click these guys and basically copy their trades so you guys can see on the button on the leading right here you guys can click this button and naturally basically what this allows you to do is this will enable you to copy that
person’s trade now the reason this is actually pretty cool is due to the fact that if you’re able to copy someone’s trade essentially what this means is invest extremely wisely without really doing any work so as you men can see right here it shows their danger level and as you men can see right here it says this is his risk score so a danger score level of two you people can see right here 2 shows us that his danger is extremely very low if someone’s threat rating was level 10 of course you guys would see that their wrist level is entirely 10 and it implies it’s likely to be volatile meaning you can have super losses and very gains now basically all you would wish to do is click this copy button right here then of course you would just invest the amount that you desire alright over a particular quantity of time so it would say close the investment also right here you guys can see there’s a box below and basically what this does is this protects your losses so let’s state for instance you had 10 thousand dollars that you wished to invest in and of course you didn’t want to lose more than let’s say a thousand dollars you didn’t desire your investment to drop below 9 thousand dollars you would state Okay close the financial investment if it drops listed below nine thousand dollars so naturally as you people can see right there it reveals if the value drops listed below 88 or 9 000 obviously that is going to be something it closes so of course as you people can state this indicates if when you want to tick this box you copy the open trades and as a newbie you can put your cash on this platform and
simply Patch their open trades now you don’t in fact need to do anything right here this is 100 completely passive and if I click invest it’s going to go on and for the next year or so it’s going to copy their trades now as you men can see you can proceed and look at comparable Traders right here and see their active thing now let’s make this so heros as you can really see what’s inside their portfolio what they’re buying you can see what they’re holding uh just how much they’ve you know they have actually been offering exactly what’s been providing a large earnings um you guys can see exactly what they buy you can also see the stats you can see every single month that they’ve earned money you men can see the efficiency naturally you people can see 2022 you men can see how much they made each and every single month some red months some green months it’s absolutely a very extremely interesting way to do this and naturally they do have an area where you can talk with individuals also so that is going to be the highlight of etoro and like I said it’s absolutely very good now there’s several manner ins which you can in fact trade too so for example let’s say I wished to go onto my watch list right here and this is the default watch list that they provide you but let’s state for example I wished to trade Tesla I do not understand if the stock exchange is open right now I think I think the stock exchange did just open so basically what we can do here is you can naturally trade now you can naturally trade using leverage too so you can even if you just have a thousand dollars to start you can then naturally usage 5 times leverage men and naturally this means that you can
increase your position size so what’s likewise interesting about this men is that you likewise do not wish to have a situation where the over night feed um ruins you because of course as you people can see right here when you trade with the leverage people there is an over night charge because of course you’re using someone else’s cash you people can see the overnight cost I’m unsure if you guys can see may have to focus it’s four dollars on a weekend and one dollar each day so that indicates each and every single day that is going to be the fee that you pay to etoro for utilizing their cash now if you simply use primary take advantage of typical leverage then you’re not going to be paying that much depending on The Leverage you utilize there’s going to be an increased cost because of course your borrow covering that money now understand that naturally buying um any considerable amount of Tesla obviously as you men can see it in fact reveals right here the real worth of our real trade and of course essentially what you want to do here men is of course I would explore the virtual account initially because this is going to get you to grips it’s going to be able to reveal you uh how you can in fact utilize the platform to make money now obviously if you do not want to purchase you believe a Stock’s going to decrease you can do offer naturally it’s basically shorting the marketplace so of course this is going to be something that you can quickly do and after that naturally we have actually got different ones you can purchase here so basically what you want to purchase and if you think Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say okay when checked is 120 I want 2 500 to enter and obviously you guys see the rate there so that is something you can do and of course it will be bought with take advantage of
and obviously you guys can see you can set your take profits and stuff like that so that is something that you can do what’s likewise intriguing as well is that you can actually speak with all these individuals that are purchasing Tesla and see their things so you guys can see this person’s asking is it going up or down um and the reason I selected Tesla is due to the fact that it’s a very intriguing stop at the moment so it’s absolutely very extremely intriguing and what’s also intriguing too is that you can also see I believe you can see the marketplace belief as well due to the fact that uh you understand it’s definitely something that you know you require to take a look at and if you likewise want to take a look at the company’s balance sheets you can see whether it’s going up or down obviously you guys can see overall there’s an uptrend naturally you people to see the net income is also going it’s actually pretty stagnant however it’s still in rather an uptrend so um as you people can see it’s certainly truly actually intriguing and you people can see the last three years for Tesla have actually been definitely crazy so all of that things all right and when you go to the analysis tab I believe this is where we have some really good indicators um I’m just unsure if this is working yeah so you men can see that right here we have the analysis tab now you can go to any stock click the analysis tab right here so simply click analysis and then essentially when you scroll down it reveals you if it’s a buy or not now individuals will be stating um it reveals you if based upon 16 of offering under my condition on Tesla it says moderate buy it reveals you likewise the prediction fine the prediction is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
analysts and obviously as you people can see over the next 12 months people are targeting four to 9 of course 258 and naturally 87 at the bearish quote so it gives you a nice area um on what you want to do and naturally you people can see it connects to the article so you can read the post due to the fact that they actually post these for the general public of course you people can see um Tesla and obviously as you people can see right here when you scroll down you can see a lot more information about this stock so you guys can see that the the sentiment of course
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