is the social trading element of it so basically what you wish to do is you wish to go on Discover…Etoro ∫ Ae O ∏ A A ∏ E ∑ ∞ ≤ ≤ Ae…
and essentially you men 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 presently in the virtual um one today so as you people can see right here this is copy Trader so basically what this permits you to do is it enables you to essentially just mirror the portfolios of the top financiers so this just implies that if there is a leading financier alright you can just simply copy their trades and you do not require to do absolutely anything at all so you people can see right here this is a list this area right here is the list of the leading investors so you men can see the return over 2 years over two years he’s published a return of 72 over 2 years he’s published 33 over 2 years he’s posted 120 27 so you men can understand from there you guys can basically go on and click these people and basically copy their trades so you guys can see on the button on the top right here you men can click this button and naturally essentially what this permits you to do is this will allow you to copy that
person’s trade now the factor this is really pretty cool is due to the fact that if you’re able to copy someone’s trade basically what this means is invest very smartly without in fact doing any work so as you guys can see right here it reveals their risk level and as you guys can see right here it states this is his danger score so a danger score level of two you guys can see right here two shows us that his risk is really very low if somebody’s danger score was level 10 obviously you guys would see that their wrist level is completely 10 and it implies it’s most likely to be unpredictable significance you can have very gains and super losses now basically all you would wish to do is click this copy button right here then obviously you would just invest the amount that you want fine over a specific amount of time so it would say close the financial investment likewise right here you people can see there’s a box below and essentially what this does is this protects your losses so let’s state for example you had 10 thousand dollars that you wanted to buy and naturally you didn’t want to lose more than let’s state a thousand dollars you didn’t desire your investment to drop below 9 thousand dollars you would say Okay close the investment if it drops listed below 9 thousand dollars so of course as you guys can see right there it reveals if the worth drops listed below 88 or 9 000 naturally that is going to be something it closes so of course as you men can state this indicates if when you wish to tick this box you copy the open trades and as a beginner you can put your money on this platform and
simply Patch their open trades now you do not really need to do anything right here this is 100 totally 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 guys can see you can go ahead 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 how much they’ve you understand they have actually been selling precisely what’s been giving them a big profit um you men can see exactly what they buy you can likewise see the statistics you can see every single month that they’ve earned money you guys can see the performance obviously you guys can see 2022 you guys can see how much they made every single month some red months some green months it’s absolutely an extremely very intriguing method to do this and naturally they do have a location where you can talk with individuals as well so that is going to be the highlight of etoro and like I stated it’s certainly great now there’s many different ways that you can in fact trade also so for instance let’s say I wanted to go onto my watch list right here and this is the default watch list that they give you but let’s say for example I wanted to trade Tesla I do not know if the stock market is open today I believe I think the stock market did just open so essentially what we can do here is you can obviously trade now you can obviously trade using utilize also so you can even if you only have a thousand dollars to start you can then of course usage 5 times leverage guys and obviously this means that you can
increase your position size so what’s likewise fascinating about this people is that you likewise don’t want 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 somebody else’s money you people can see the overnight cost I’m not exactly sure if you people can see may need to focus it’s four dollars on a weekend and one dollar daily so that indicates every single day that is going to be the charge that you pay to etoro for using their money now if you simply use primary take advantage of typical take advantage of then you’re not going to be paying that much depending on The Leverage you use there’s going to be an increased charge because of course your borrow covering that cash now understand that naturally buying um any significant amount of Tesla of course as you guys can see it in fact reveals right here the real worth of our real trade and obviously essentially what you want to do here people is naturally I would explore 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 show you uh how you can in fact utilize the platform to generate income now naturally if you don’t wish to buy you believe a Stock’s going to go down you can do offer naturally it’s basically shorting the market so obviously this is going to be something that you can quickly do and then of course we have actually got different ones you can order here so essentially what you want to order and if you think Tesla’s gon na go to 120 you can do order and then you can hit 120 and state alright when tested is 120 I want 2 500 to enter and of course you men see the rate there so that is something you can do and obviously it will be purchased with utilize
and obviously you men can see you can set your take revenues and stuff like that so that is something that you can do what’s also intriguing as well is that you can literally speak with all these people that are purchasing Tesla and see their stuff so you guys can see this person’s asking is it going up or down um and the reason I chose Tesla is since it’s an extremely interesting stop at the moment so it’s certainly extremely very fascinating and what’s likewise fascinating as well is that you can also see I think you can see the marketplace sentiment as well since uh you understand it’s certainly something that you know you need to take a 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 obviously you men can see overall there’s an uptrend of course you people to see the net income is also going it’s actually pretty stagnant however it’s still in quite an uptrend so um as you people can see it’s definitely really really interesting and you guys can see the last 3 years for Tesla have actually been definitely crazy so all of that stuff alright and when you go to the analysis tab I believe this is where we have some actually good signs um I’m just not sure 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 simply click analysis and after that essentially when you scroll down it shows you if it’s a buy or not now people will be saying um it shows you if based on 16 of offering under my condition on Tesla it states moderate buy it shows you also the prediction alright the prediction is that it’s going to be at 232 which is an 87 gain based on 16 ranked
analysts and of course as you men can see over the next 12 months people are targeting four to 9 of course 258 and of course 87 at the bearish quote so it provides you a good location um on what you want to do and naturally you guys can see it connects to the short article so you can read the post due to the fact that they really post these for the public obviously you men can see um Tesla and naturally as you guys 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 belief obviously
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Conclusion:
Etoro has reinvented the financial investment landscape by developing a platform that integrates social trading, educational resources, and a diverse range of financial instruments. As a retired hedge fund manager, I extremely recommend Etoro for those looking to begin their financial investment journey or enhance their trading abilities.