is the social trading element of it so basically what you want to do is you wish to go on Discover…Coinify Vs Etoro…
and basically you guys can see this location right here so you wish to scroll scroll to copy Trader now if you’re wondering my account balance I am currently in the virtual um one today so as you men can see right here this is copy Trader so essentially what this allows you to do is it permits you to basically just mirror the portfolios of the top investors so this just implies that if there is a top investor all right you can just simply copy their trades and you do not need to do definitely anything so you men can see right here this is a list this section right here is the list of the top investors so you people can see the return over 2 years over 2 years he’s published a return of 72 over two years he’s posted 33 over 2 years he’s posted 120 27 so you guys can get the idea from there you guys can essentially go on and click these guys and essentially copy their trades so you men can see on the button on the leading right here you people can click this button and obviously essentially what this permits you to do is this will allow you to copy that
person’s trade now the reason this is in fact quite cool is since if you’re able to copy somebody’s trade essentially what this indicates is invest very wisely without actually doing any work so as you men can see right here it shows their danger level and as you guys can see right here it states this is his risk score so a threat rating level of two you guys can see right here 2 shows us that his threat is really really low if someone’s danger score was level 10 obviously you men would see that their wrist level is entirely 10 and it indicates it’s most likely to be unstable meaning you can have super losses and extremely gains now essentially all you would want to do is click this copy button right here then naturally you would merely invest the quantity that you desire all right over a certain amount of time so it would state close the financial investment also right here you people can see there’s a box underneath and basically what this does is this protects your losses so let’s state for instance you had ten thousand dollars that you wished to invest in and of course you didn’t want to lose more than let’s state a thousand dollars you didn’t want your financial investment to drop listed below nine thousand dollars you would state Okay close the investment if it drops listed below nine thousand dollars so obviously as you men can see right there it shows if the worth drops below 88 or 9 000 obviously that is going to be something it closes so of course as you people can say this indicates if when you want to tick this box you copy the open trades and as a novice you can put your money on this platform and
just Cobble their open trades now you don’t actually need to do anything right here this is 100 completely passive and if I click invest it’s going to proceed and for the next year or so it’s going to copy their trades now as you people can see you can go ahead and look at comparable Traders right here and see their active thing now let’s make this so good guys as you can actually see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh just how much they’ve you know they’ve been offering exactly what’s been providing a large earnings um you people can see precisely what they buy you can also see the data you can see every single month that they have actually generated income you people can see the efficiency naturally you guys can see 2022 you men can see how much they made every single month some red months some green months it’s certainly a very very interesting way to do this and naturally they do have a location where you can talk with individuals also so that is going to be the highlight of etoro and like I stated it’s absolutely great now there’s many different ways that you can really trade as well 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 give you however let’s say for instance I wished to trade Tesla I don’t know if the stock exchange is open today I think I think the stock exchange did just open so essentially what we can do here is you can obviously trade now you can naturally trade using utilize too so you can even if you just have a thousand dollars to start you can then obviously usage 5 times leverage people and naturally this indicates that you can
increase your position size so what’s also interesting about this guys is that you likewise do not wish to have a circumstance where the overnight feed um ruins you because of course as you people can see right here when you trade with the utilize people there is an over night fee because of course you’re using someone else’s cash you men can see the over night fee I’m uncertain if you guys can see may have to zoom in it’s 4 dollars on a weekend and one dollar per day so that suggests each and every single day that is going to be the fee that you pay to etoro for utilizing their cash now if you just use primary leverage normal leverage then you’re not going to be paying that much depending upon The Utilize you use there’s going to be an increased fee because of course your obtain covering that cash now understand that of course buying um any considerable quantity of Tesla obviously as you men can see it in fact reveals right here the genuine value of our actual trade and of course essentially what you want to do here people is naturally I would try out the virtual account first due to the fact that this is going to get you to grips it’s going to have the ability to reveal you uh how you can really utilize the platform to generate income now obviously if you don’t want to purchase you believe a Stock’s going to go down you can do sell naturally it’s essentially shorting the market so naturally this is going to be something that you can quickly do and after that naturally we’ve got various ones you can purchase here so basically what you want to order and if you think Tesla’s gon na go to 120 you can do order and after that you can strike 120 and state fine when tested is 120 I desire 2 500 to go in and of course you guys see the rate there so that is something you can do and of course it will be bought with leverage
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 also interesting too is that you can actually speak to all these people that are investing in Tesla and see their stuff so you people can see this person’s asking is it increasing or down um and the factor I chose Tesla is because it’s a really fascinating stop at the moment so it’s definitely extremely extremely interesting and what’s also fascinating as well is that you can likewise see I think you can see the marketplace belief too due to the fact that uh you know it’s definitely something that you know you need to look at and if you likewise wish to look at the business’s balance sheets you can see whether it’s going up or down of course you men can see in general there’s an uptrend of course you people to see the net income is likewise going it’s really pretty stagnant however it’s still in quite an uptrend so um as you guys can see it’s certainly truly actually fascinating and you people can see the last 3 years for Tesla have actually been absolutely insane so all of that things fine and when you go to the analysis tab I think this is where we have some actually great signs um I’m just uncertain if this is working yeah so you guys can see that right here we have the analysis tab now you can go to any stock click the analysis tab right here so just click analysis and after that basically when you scroll down it shows you if it’s a buy or not now individuals will be stating um it reveals you if based upon 16 of providing under my condition on Tesla it states moderate buy it shows 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 naturally as you men can see over the next 12 months people are targeting 4 to nine of course 258 and obviously 87 at the bearish price quote so it offers you a great area um on what you wish to do and naturally you guys can see it links to the article so you can read the post because they in fact publish these for the public obviously you guys can see um Tesla and of course as you people can see right here when you scroll down you can see a lot more details about this stock so you men can see that the the sentiment naturally
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