is the social trading element of it so essentially what you want to do is you want to go on Discover…Day Trading Allowed On Etoro…
and essentially you guys can see this area right here so you want to scroll scroll to copy Trader now if you’re wondering my account balance I am presently in the virtual um one right now so as you men can see right here this is copy Trader so essentially what this permits you to do is it permits you to essentially simply mirror the portfolios of the leading investors so this just suggests that if there is a leading investor all right you can just merely copy their trades and you don’t require to do definitely anything so you men 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 published 33 over two years he’s published 120 27 so you men can understand from there you guys can basically go ahead and click these men and essentially copy their trades so you people can see on the button on the top right here you people can click this button and naturally basically what this allows you to do is this will enable you to copy that
individual’s trade now the reason this is in fact quite cool is due to the fact that if you’re able to copy somebody’s trade essentially what this implies is invest extremely smartly without actually doing any work so as you men can see right here it shows their threat level and as you guys can see right here it states this is his risk score so a threat score level of two you guys can see right here two programs us that his risk is extremely extremely low if somebody’s risk rating was level 10 naturally you men would see that their wrist level is totally 10 and it means it’s likely to be unstable meaning you can have very gains and extremely losses now essentially all you would want to do is click this copy button right here then naturally you would just invest the quantity that you desire fine over a certain amount of time so it would say close the financial investment also right here you guys can see there’s a box below and essentially what this does is this safeguards your losses so let’s state for instance you had 10 thousand dollars that you wanted to invest in and obviously you didn’t want to lose more than let’s state a thousand dollars you didn’t want your financial investment to drop below nine thousand dollars you would state Okay close the financial investment if it drops below 9 thousand dollars so naturally as you men can see right there it shows if the value drops below 88 or 9 000 of course 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 cash on this platform and
merely Patch their open trades now you do not really 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 men can see you can go on and take a look at comparable Traders right here and see their active thing now let’s make this so good guys as you can in fact see what’s inside their portfolio what they’re buying you can see what they’re holding uh just how much they’ve you understand they’ve been offering precisely what’s been giving them a big earnings um you guys can see exactly what they purchase you can likewise see the data you can see every single month that they’ve made money you people can see the performance obviously you people can see 2022 you people can see how much they made every month some red months some green months it’s definitely an extremely very intriguing way to do this and of course they do have a location where you can talk with people too so that is going to be the main feature of etoro and like I stated it’s definitely excellent now there’s various ways that you can really trade also so for instance let’s state I wanted to go onto my watch list right here and this is the default watch list that they provide you however let’s say for instance I wanted to trade Tesla I do not understand if the stock exchange is open today I think I think the stock market did just open so essentially what we can do here is you can of course trade now you can obviously trade utilizing take advantage of too so you can even if you only have a thousand dollars to start you can then of course use five times utilize people and of course this means that you can
increase your position size so what’s likewise fascinating about this guys is that you also do not wish to have a scenario where the over night feed um ruins you because of course as you guys can see right here when you trade with the take advantage of men there is an overnight cost because of course you’re utilizing someone else’s cash you people can see the overnight fee I’m unsure if you guys can see may have to zoom in it’s 4 dollars on a weekend and one dollar per day so that means each and every single day that is going to be the charge that you pay to etoro for utilizing their cash now if you simply utilize number one leverage regular take advantage of then you’re not going to be paying that much depending upon The Take advantage of you use there’s going to be an increased charge because of course your borrow covering that cash now comprehend that obviously purchasing um any considerable quantity of Tesla of course as you people can see it actually shows right here the genuine value of our actual trade and naturally essentially what you wish to do here people is naturally I would try out the virtual account initially because this is going to get you to grips it’s going to be able to show you uh how you can actually utilize the platform to make money now naturally if you do not wish to purchase you believe a Stock’s going to go down you can do offer obviously it’s essentially shorting the marketplace so obviously this is going to be something that you can easily do and then of course we’ve got various ones you can purchase here so essentially what you wish to buy and if you believe Tesla’s gon na go to 120 you can do order and then you can hit 120 and say alright when tested is 120 I want 2 500 to go in and naturally you people see the rate there so that is something you can do and of course it will be bought with take advantage of
and of course you people can see you can set your take profits and things like that so that is something that you can do what’s likewise fascinating too is that you can actually talk to all these people that are buying Tesla and see their things so you guys can see this person’s asking is it increasing or down um and the reason I picked Tesla is since it’s a very fascinating stop at the moment so it’s absolutely very very intriguing and what’s also fascinating as well is that you can likewise see I think you can see the market belief too due to the fact that uh you know it’s absolutely something that you know you need to take a look at and if you likewise want to take a 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 naturally you men to see the earnings is also going it’s really pretty stagnant but it’s still in rather an uptrend so um as you people can see it’s certainly truly truly fascinating and you people can see the last three years for Tesla have actually been absolutely outrageous so all of that stuff fine and when you go to the analysis tab I believe this is where we have some really good indications um I’m simply unsure 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 essentially when you scroll down it reveals you if it’s a buy or not now people will be stating um it shows you if based on 16 of providing under my condition on Tesla it states moderate buy it shows you likewise the prediction okay the prediction is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and naturally as you guys can see over the next 12 months individuals are targeting four to 9 naturally 258 and obviously 87 at the bearish estimate so it provides you a nice location um on what you wish to do and obviously you people can see it links to the article so you can check out the short article since they really post these for the general public naturally you men can see um Tesla and of course as you people can see right here when you scroll down you can see a lot more info about this stock so you men can see that the the belief naturally
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Etoro has actually revolutionized the financial investment landscape by producing a platform that integrates social trading, educational resources, and a varied variety of monetary instruments. As a retired hedge fund manager, I extremely suggest Etoro for those looking to start their financial investment journey or enhance their trading skills.